Industry News

Thai Airways 777

Oct 15, 2010 BANGKOK - The emergence of low-cost carriers in Asia Pacific and the recovery of the airline industry in countries like India and China are fuelling growth in the world's aircraft leasing business, says a global consulting group. A new analysis from Frost & Sullivan (FS) revealed that ... Read more

ILFC Reaches 150th Aircraft Lease Milestone

Oct 14, 2010 LOS ANGELES - International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, Inc., announced the recent lease placement of ten aircraft which brings the company's total lease placements year-to-date to 150. ILFC Chief Executive Officer, Henri Courpron commented, "I am very pleased with the performance of our marketing team in a recovering market. These 150 lease commitments represent a strong improvement over past years and in fact are a total well above the entire fleet count of most other leasing companies. Our placement success combined with our improving balance sheet provides ILFC real momentum and is a true testament to the capabilities and focus of the people of ILFC." ... Read more

Air Finance Summit held this week in New York

Oct 06, 2010 NEW YORK - Aircraft leasing companies have learned a lesson from the financial crisis: tap every possible financing source as cheap funding backed by parents like American International Group Inc (AIG) and Royal Bank of Scotland (RBS) becomes a thing of the past. Lessors such as AIG's International ... Read more

United Airways A310-300

Sep 22, 2010 Ft. LAUDERDALE, FL – GA Telesis, LLC announced that it has delivered an A310-300 (ex-CSA, MSN 672) to United Airways in Bangladesh. The aircraft, owned through a partnership, with its shareholder, GPFC, was structured as a financial lease spanning five years ... Read more

Spirit Airlines A320-200

Sep 16, 2010 HAMBURG, Germany and AMSTERDAM, - AerCap Holdings N.V. ("AerCap") announced that it has taken delivery of its 100th aircraft from Airbus on Wednesday in a ceremony at the Airbus facility in Hamburg. The Airbus A320-200 is on a long-term lease to US-carrier Spirit Airlines.  ... Read more

Changjiang Leasing Considering CSeries Aircraft

Sep 15, 2010 BEIJING - China’s Changjiang Leasing is negotiating with Bombardier over a possible order for CSeries airliners, but is reluctant to commit itself before it can be certain of the program schedule. After the experience of the Airbus A380 and Boeing 787 programs, it is difficult to ... Read more

Investec Plans To Double Fund's Aircraft Portfolio

Sep 15, 2010 SYDNEY - Hoping to exploit the burgeoning demand for alternative assets, Investec Global Aircraft Fund launched an open-ended capital raising this week and appointed a former senior Qantas executive to its investment committee. Investec Australia, a subsidiary of London and Johannesburg-listed bank Investec Group, said it ... Read more

First U.S. Customer For Sukhoi Superjet 100

Sep 03, 2010 NOVATO, Calif.,- Willis Lease Finance Corporation, a leading lessor of commercial jet engines, announced it has signed an agreement with SuperJet International to purchase six Sukhoi Superjet (SSJ) 100 aircraft and options for four additional aircraft. The memorandum of understanding has a value of up ... Read more

Richard Cherney

Aug 26, 2010 HONG KONG - Hong Kong Aviation Capital (HKAC), an investor in global aviation finance has announced the appointed Richard Cherney as head of commercial and technical. Richard Cherney has already started with the company and is based at its  Hong Kong office. Cherney is a member ... Read more

ILFC Paying Back U.S. Loan Early

Aug 23, 2010 LOS ANGELES - International Lease Finance Corp. (ILFC), the airplane-leasing arm of American International Group Inc.(AIG), repaid a $3.9 billion government loan ahead of schedule and now expects to fund itself without support from its bailed-out parent company. ILFC on Friday completed a $4.... Read more

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