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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

Proposed Accounting Changes Affecting Leases

Aug 20, 2010 A new leasing exposure draft released this week jointly by the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) will affect construction companies and airlines in particular,  accounting firm KPMG said. The proposals are a response to criticism of off balance sheet ... Read more

Mexicana Returning Aircraft to Lessors

Aug 19, 2010 MEXICO CITY - Mexicana will return almost 40% of its mainline fleet to lessors under agreements brokered since its early August bankruptcy. In this latest chapter of Mexicana’s ongoing saga, it will return 12 aircraft to GE Capital Aviation Services, including all 10 of the Airbus ... Read more

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