-
Bain backs ex-ALC strategy chief to build new lessor
Lessors North AmericaMcKenna would not be drawn on the dollar amount of Bain’s investment, saying only that the size “would be dictated by the opportunity set” he sources.
-
Airbus outlines demand for urban air transport
Aircraft EuropeOEM plans to serve heavily congested cities with new electric aircraft.
-
Boeing weighs Islamic product as 'right' funding tool
Lessors Middle EastBoeing Capital's Edwards acknowledges that “a lot of financing is required” in the Middle East, adding: “There are certainly investors who can only invest in an Islamic manner, so it is the recognition of the financing options that are available."
-
Stellwagen prepares debut ABS
Lessors EuropeStellwagen Capital aims to launch an asset backed securitisation (ABS) in the next six months via the team acquired from ECN in May 2017, according to Scott Corman, chief executive officer of Stellwagen Capital.
-
Narrowbody focus for new Investec fund
Capital EuropeInvestec Bank will target narrowbodies with an equity fund it launched on 24 September, according to Alok Wadhawan, the bank’s head of aviation finance.
-
Junior and mezzanine debt ‘underserved’: Novus
Lessors Middle EastGiven record numbers of new aircraft deliveries, junior and mezzanine debt markets are “underserved” by the financial community, the managing director of Novus Aviation has said.
-
Single-aisle growth continue to outpace twin-aisles: Hazy
Aircraft North AmericaAir Lease's chairman says the percentage of single-aisle aircraft to about 75% over the past 20 years.
-
Novus, banks and Boeing launch new fund
Capital Middle EastNovus Aviation Capital, Development Bank of Japan, NORD/LB and Boeing have launched Cedar Aviation Finance (CAF), have launched a new junior debt fund for Boeing aircraft.
-
THY issues jumbo RFP
Airlines EuropeTurkish Airlines (THY) has issued a request for proposals (RFP) to finance aircraft and engines, market sources indicate.
-
DVB sale enters second round
Capital EuropeThe sale of transport financier DVB Bank is now in the second round of bidding, according to sources.
-
Anderson and Hall take American's voluntary severance
Lessors North AmericaIn a letter to employees, dated 19 June and obtained by Airfinance Journal, American Airlines’ chairman and chief executive officer Doug Parker and president Robert Isom outline the need for “creating the right organisational structure for the future” that will involve a “restructuring that will happen at the director and above level”.
-
AerCap to invest $15bn in new aircraft by 2020
Lessors EuropeChief executive officer Aengus Kelly says capital expenditure (Capex) in 2018 will reach $6 billion, but the lessor is entering a period of high Capex.
-
TrueNoord signs LoIs for six aircraft
Lessors EuropeTrueNoord has signed a letter of intent (LoI) to place six aircraft with lessees, according the Dutch regional lessor’s chief executive Anne-Bart Tieleman.
-
Ethiopian closes Jolco for A350
Airlines AfricaEthiopian Airlines has closed a Japanese operating lease with call option (Jolco) financing for an Airbus A350-900 that was delivered on 18 May.