Industry News

Portfolio of 53 Aircraft bought for $2 billion

Apr 28, 2010 American International Group's aircraft leasing unit, International Lease Finance Corp., announced Wednesday that Australian financial services conglomerate Macquarie Group Ltd. had bought 53 of its aircraft for $1.99 billion. ILFC is one of the two largest aircraft leasing companies in the world; the ... Read more

Carlyle and RPK in Joint Venture

Apr 23, 2010 WASHINGTON - The Carlyle Group intends to invest $600m in a joint venture that will buy commercial aviation assets around the world in the latest sign of a gradual thaw in the battered aviation finance markets.     Carlyle, the private equity group, ... Read more

Alafco is based in Kuwait City

Apr 22, 2010 KUWAIT CITY - Alafco Aviation Lease and Finance Company reported a net profit $17.36m for the first half of its current fiscal year that ended 31 March 2010, a 57% increase compared to the same period last year. Operating profit rose 51% to $32.13m. The ... Read more

Avianca Airbus A319

Apr 16, 2010 SAN FRANCISCO - Jackson Square Aviation, LLC announce this week the delivery of one Airbus A319-115 to Aerovias del Continente Americano S.A. (“Avianca”), Colombia’s leading airline.  This transaction represents a continuation of Jackson Square’s long relationship with Avianca and the second ... Read more

AerCap took delivery of record number of aircraft

Apr 15, 2010 AMSTERDAM - AerCap announced the completion of the following transactions during the first quarter 2010: Signed new lease agreements for four aircraft, Delivered 12 aircraft and 12 engines under lease agreements, Purchased 20 aircraft and five engines, Sold five aircraft and three engines, and Disassembled ... Read more

737NG and A320 Family core of $2B Deal

Apr 14, 2010 LOS ANGELES -  AIG's aircraft leasing group ILFC agreed to sell 53 planes to Macquarie Group Ltd. as it seeks to repay taxpayers after a $182.3 billion bailout. Macquarie, Australia's biggest investment bank, will pay ILFC $2 billion for the planes, mainly Boeing ... Read more

B&B Air celebrating IPO on NYSE back in 2007

Apr 06, 2010 DUBLIN, -(PR)- Babcock & Brown Air Limited (NYSE: FLY) ("B&B Air"), a global lessor of modern, fuel-efficient commercial jet aircraft announced last Friday that it will be partnering with the current management team of Babcock & Brown Aircraft Management to invest in BBAM LP, a ... Read more

State Fund requested to Boost C919 Sales

Apr 06, 2010 BEIJING - The Commercial Aircraft Corporation of China (Comac) has urged the Chinese government to set up a state fund to help drive sales of Chinese-made aircraft. Comac's VP Wu Guanghui was quoted by local media reports as saying that the authorities should establish a fund of at least ... Read more

Varig Log 757-200SF

Mar 31, 2010 SkyWorks Leasing has arranged the sale of three 757-200SF aircraft to Aerolease. One aircraft, with the serial number 22611, has already been delivered to the new operator; the remaining two, serial numbers 22210 and 22211, will be delivered in April this year having finished their ... Read more

ABX Air 767 Freighter

Mar 31, 2010 WILMINGTON, Ohio,- Air Transport Services Group, Inc. (ATSG) , today announced the execution of new long-term agreements under which the subsidiaries of ATSG will continue providing aircraft and operating support to the U.S. portion of DHL's international logistics network. The principal operating ... Read more


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