Industry News

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

Combined Company will retain the name AerCap

Mar 25, 2010 AMSTERDAM/SHANNON - (PR) – AerCap Holdings N.V. ("AerCap") and Genesis Lease Limited ("Genesis") announced today the completion of their amalgamation, previously announced on September 18, 2009, under which Genesis shareholders will receive one AerCap ordinary share for every Genesis common share they owned. ... Read more

Shenzhen Airlines 737-800

Mar 25, 2010 LONDON/BERLIN - Jackson Square Aviation, LLC ("Jackson Square") and Air Berlin are to sign a deal for eight aircraft. Under the arrangement, Jackson Square will acquire three type Boeing 737-800 aircraft owned by Air Berlin and currently leased to Shenzhen Airlines in China. The transaction also covers financing ... Read more

Hong Kong

Mar 10, 2010 HONG KONG –(PR)- Hong Kong Aviation Company ("HKAC"), a leading investor in global aviation finance, announced today that Mathis Shinnick has been appointed Chief Executive Officer. Mr. Shinnick will be based in Hong Kong and comes to HKAC from HSH-Nordbank AG where he held the position ... Read more

Emirates Airlines 777-200

Mar 01, 2010 MAURITIUS - The Mauritius-based aircraft leasing company, Veling, confirmed last week a sale and lease back agreement for two B777-200 with Emirates, financed entirely through an African banking syndicate comprising Bank One and State Bank from Mauritius and by Nedbank Capital of South Africa. Veling reportedly ... Read more

787 and 777 in "ILFC" livery

Feb 23, 2010 LOS ANGELES - AIG’s financially stressed aircraft leasing unit ILFC said it is looking for a new senior secured term loan of up to $750 million backed by its inventory of jets. ILFC announced it plans to use proceeds of the new term loan to repay a portion ... Read more

Steven F. Udvar-Hazy

Feb 05, 2010 NEW YORK, -(PR)- American International Group, Inc. (AIG) and International Lease Finance Corporation (ILFC) announced today that Steven F. Udvar-Hazy will retire as director and chief executive officer of ILFC, effective February 5, 2010. "On behalf of AIG, I would like to thank Steve for his tireless service to ILFC," said Robert H. Benmosche, AIG President ... Read more

BOC Aviation A330-200F

Feb 03, 2010 SINGAPORE - (PR) - BOC Aviation reported today that it closed 2009 with a portfolio of 142 aircraft as it continued to deliver on its counter-cyclical strategy of expanding via purchase and leasebacks since the downturn in the aviation industry began in 2008.  The Company took delivery of 48 ... Read more

First Chinese Made A320

Jan 26, 2010 TOULOUSE - Airbus today signed a Memorandum of Understanding with the CDB Leasing Co., Ltd. (CLC), one of China's leading leasing companies, on cooperation in aircraft financing and leasing. The MoU was signed by John Leahy, Airbus Chief Operating Officer Customers, and Wang ... Read more

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