Industry News

South African Airlink BAe 146-200

Feb 06, 2011 PRESTWICK, Scotland - BAE Systems reports new aircraft transactions from its regional aircraft portfolio and a strong performance across all of its regional aircraft business sectors during 2010. Commenting on this business performance, Managing Director of BAE Systems Regional Aircraft Alan Fraser, said: “... Read more

Henry Courpron - ILFC's CEO

Jan 31, 2011 LOS ANGELES - International Lease Finance Corp. (ILFC) revealed plans for expansion this year, announcing it would open a new regional office in Amsterdam by this summer and its intentions to purchase new aircraft. The company, better known as ILFC, owns a fleet of about ... Read more

12 additional A330-300 ordered by GECAS

Jan 25, 2011 TOULOUSE - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, has signed a firm order for 12 additional long-range A330-300 aircraft. This new order brings the total number of A330s ordered by GECAS to 32. “This order adds ... Read more

Forbes/CIT Report Cover

Jan 24, 2011 NEW YORK – Airline executives continue to express concern about rising fuel costs, yet despite these concerns, many continue to take a wait-and-see approach towards new aircraft technology. These are just a few of the key findings from an exclusive global aerospace study released today by CIT ... Read more

737-800 in Avolon Colors

Jan 19, 2011 DUBLIN - Irish aircraft leasing group Avolon has raised $650 million (€486 million) in debt and equity to fund its expansion. This involves $250 million in equity from new and existing investors and the balance in debt raised from three specialist aviation banks: DVB, Nord LB ... Read more

Air Lease Corp. CEO Steven Udvar Hazy

Jan 18, 2011 LOS ANGELES - Air Lease Corporation, Steven Udvar-Hazy’s new aircraft leasing venture, hopes to capitalize on air travel growth in emerging markets with proceeds from a just-announced initial public offering that could raise up to $100 million.   The Century City company, which ... Read more

AerCap - 4th Quarter 2010 Transactions

Jan 14, 2011 AMSTERDAM - AerCap Holdings N.V. ("AerCap" ) this week announced the completion of the following transactions during the fourth quarter 2010:   - Signed new lease agreements for 13 aircraft, - Delivered eight aircraft and 18 engines under lease agreements, - Purchased four ... Read more

Greenwich Kahala Aviation's new logo

Jan 07, 2011 NEW YORK — Irish aircraft leasing company Greenwich Kahala Aviation Ltd. has registered for an initial public offering worth as much as $250 million. The relatively new Dublin company did not say how many shares it would sell or when it plans to conduct the IPO. ... Read more

747-8 Freighter in flight testing

Jan 07, 2011 SEATTLE- The Boeing Co., whose new 747-8 jumbo-freighter has been delayed by a year and a half, lost a customer when Guggenheim Aviation Partners LLC canceled its remaining order for two of the jets because of delivery setbacks. “It’s very disappointing for us as ... Read more

CIT Orders 38 Next-Generation 737 Aircraft

Jan 04, 2011 NEW YORK and SEATTLE – CIT Group Inc. and Boeing today announced that CIT Aerospace placed an order for 38 Next-Generation 737 airplanes and purchase rights for seven additional 737s. The order, with deliveries into 2017, includes 15 737-900ERs (extended range) and 23 737-800s. ... Read more

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