Industry News

Avalon currently has a fleet of 88 aircraft

Oct 30, 2011 DUBLIN - Avolon Leasing Group, an aircraft leasing company whose customers include AMR Corp.’s American Airlines and Ryanair, expects French and German banks to reduce lending for financing planes.“Our expectation is that the French and German banks will remain active, but not as much ... Read more

Some maintenance reserves are for future engine maintenance

Oct 21, 2011 SINGAPORE - An increasing number of airlines will be coming to loggerheads with lessors over advance payments for maintenance and conditions for return of leased aircraft now that more carriers are tapping the aircraft lease market. Airlines are responsible for aircraft line maintenance, such as A checks, ... Read more

Comac C919

Oct 21, 2011 HONG KONG—The finance leasing arm of Industrial & Commercial Bank of China Ltd. has made 45 firm orders for China's first homegrown commercial jetliner, bringing total orders for the C919 jets to 145, an ICBC executive said Thursday. James Lin, executive director at ... Read more

Embraer E-jets

Oct 07, 2011 STAMFORD, CT – GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric Company, has reached an agreement with Embraer for the acquisition of six Embraer 190s, and options for another six aircraft. Delivery of the first aircraft is scheduled ... Read more

Mountain Capital to merge with GA Telesis

Aug 25, 2011 Ft. Lauderdale – GA Telesis, LLC ("GAT"), announced this week that it has entered into a definitive agreement with Mountain Capital Partners, LLC of Denver, Colorado (“MCP”), whereby, on September 1, 2011, the entire MCP team, led by ... Read more

Bombardier Cseries

Aug 21, 2011 MOSCOW - A Russian aircraft leasing company said on Wednesday it had reached a tentative agreement to buy 10 C-Series aircraft from Bombardier Inc , a shot in the arm for the Canadian planemaker's ambitious plans to build a bigger-sized airliner. Ilyushin Finance Corp (IFC) said it has ... Read more

MAKS 2011 sign

Aug 21, 2011 MOSCOW - Airbus has signed a Memorandum of Understanding (MOU) with leading Russian leasing company, VEB-Leasing, on cooperation in aviation leasing and finance. The MoU was signed on the occasion of the International Aviation and Space Salon MAKS-2011 by Christopher Buckley, Executive Vice-president Europe, Asia and ... Read more

B737-800 and 777-300ER in ALC livery

Aug 16, 2011 SEATTLE -  Air Lease Corporation (ALC) and Boeing finalized an order for 14 Next-Generation 737-800s, with options for four more, and five 777-300ER (extended range) airplanes.   The order marks the completion of part of an agreement announced during the Paris Air Show in June.... Read more


Aug 10, 2011 TOULOUSE - CIT Aerospace, a unit of CIT Group Inc., a global leader in transportation finance has signed a purchase agreement with Airbus for the 50 A320neo family aircraft, which it had committed to at the 49th Le Bourget airshow on 21st June 2011. This ... Read more

747-8F & 777-300ER in GECAS livery

Aug 07, 2011 SEATTLE - Boeing and GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, have finalized a firm order for two 747-8 Freighters and eight 777-300ERs (extended range) airplanes. The order marks the completion of an agreement originally announced during the Paris ... Read more

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