Industry News

Jan 25, 2010 Newport Beach - (PR) - Aviation Capital Group today reported 16 transactions for the fourth quarter. This includes delivery of six new aircraft from Airbus and Boeing, five aircraft and one engine lease renewals, the remarketing of two aircraft and two aircraft sales. In 2009, ... Read more

Steve Udvar-Hazy

Jan 25, 2010 (WSJ) - Steven Udvar-Hazy, the chief executive and a founder of aircraft-leasing company International Lease Finance Corp. (ILFC)—who tried to extricate the firm from its struggling parent, American International Group Inc.—is expected to leave the company as soon as this week, people familiar with ... Read more

Salem al Noaimi, CEO of Waha Capital

Jan 13, 2010 ABU DHABI - (The National) Waha Capital aims to deliver as a partner of government and the private sector in the financial and maritime services sectors, as well as in property, by using its peerless connections to burnish its reputation at home and abroad. By any measure,... Read more

Jan 13, 2010 AMSTERDAM - (PR) Aercap Holdings N.V. in The Netherlands announced the completion of the following aircraft and engine transactions for the 4th quarter of 2009: Aircraft Deliveries: AerCap completed 14 aircraft deliveries in the 4th quarter under contracted lease agreements:   ... Read more

Jan 12, 2010 SEATTLE - Guggenheim Aviation Partners, has cancelled its order for two new 747-8 Freighter aircraft. That cancellation late last year reduces Boeing’s backlog for the next-generation 747 to 108 aircraft. The leasing company, based in Chicago and New York, still has two 747-8Fs on ... Read more

Jan 08, 2010 HONG KONG - Hong Kong Aviation Company ("HKAC"), a leading investor in the global aviation sector, today announced that it has successfully completed the previously announced acquisition of the Allco Aviation business and assets from the Receiver of the Sydney, Australia based Allco Finance Group. The Allco ... Read more

Dec 17, 2009 STAMFORD, Conn., Aircastle Limited announced today that it has placed six new Airbus A330-200 aircraft on long-term leases with South African Airways PTY LTD. ("SAA"). This is Aircastle's first lease with SAA, one of the leading airlines in the world. The six aircraft will ... Read more

Dec 14, 2009 AMSTERDAM, - AerCap Holdings N.V. today announced that it has signed two debt facility agreements which provide funding for a total of $127 million. One of the facilities, in the amount of $67 million, has been signed with Norddeutsche Landesbank Girozentrale for the financing ... Read more

Dec 08, 2009 Aircastle Limited reported on Monday that one of its subsidiaries has taken delivery of a new Airbus A330-200. The aircraft will be used by Aerovias del Continente Americano (Avianca), the flag carrier of Colombia, under a long-term lease with Aircastle. This is the second new A330 ... Read more

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