Air Transport Services Group, a global leader in medium widebody freighter aircraft leasing, air transport operations and support services, announced that it has entered into a definitive agreement to be acquired by Stonepeak, a leading alternative...
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November 05, 2024, 06:55 AM
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Aquila Air Capital, a leading engine lessor, announced an investment from funds managed by Wafra Inc., a New York-based, global alternative asset manager. Wafra has entered into definitive documentation to acquire the Aquila platform from Warburg...
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October 21, 2024, 06:45 AM
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Castlelake, a global alternative investment manager specializing in asset-based investing with nearly 20 years of experience in aircraft investing, leasing and servicing, has secured commitments for over $1 billion of aviation financing in a term...
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September 26, 2024, 06:35 AM
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Castlelake, a global alternative investment manager specializing in asset-based investing with nearly 20 years of experience in aircraft investing, leasing and servicing, entered into a sale-purchase agreement with Avolon, a leading global aviation...
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September 16, 2024, 07:05 AM
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SSG Capital Advisors served as the investment banker to ICON Aircraft, Inc. in the sale of substantially all assets to an affiliate of Dürkopp Adler GmbH (“DA”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy...
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August 12, 2024, 07:10 AM
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PK AirFinance (PK), an aviation lending platform and affiliate of Apollo, has closed its inaugural aircraft loan asset-backed securitization: PK ALIFT LOAN FUNDING 3 Series 2024-1 (PKAIR 2024-1). PKAIR 2024-1 issued over $622 million of Notes that...
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July 12, 2024, 07:10 AM
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Global Jet Capital released its annual Business Jet Market Forecast. In the updated report, the company projects continued growth for the next five years. The forecast also contains insights and projections for the business aviation market through...
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May 28, 2024, 07:16 AM
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Global Jet Capital announced the closing of its BJETS 2024-1 securitization, raising approximately $575 million. BJETS 2024-1 is Global Jet Capital’s seventh asset-backed security (ABS) offering, bringing total assets securitized to approximately...
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April 18, 2024, 07:05 AM
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Aircastle Limited announced it amended and extended all of its existing revolving credit facilities, which increases the aggregate capacity to $2.1 billion and extends the maturity dates of these facilities to 2027 and 2028.Aircastle closed a $1...
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February 13, 2024, 07:00 AM
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JetLoan Capital arranged loan funding for 59 aircraft and yachts in 2023 totaling $125 million.Loan transactions totaling $125 million pertaining to the following collateral types:
Light, mid-size, and large cabin jets
GA aircraft, turboprops...
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January 16, 2024, 07:00 AM
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BOC Aviation Limited announced it has agreed to purchase four new Airbus A321NEO and two new Airbus A320NEO aircraft from Airbus S.A.S. The aircraft will be leased to Condor Flugdienst GmbH (Condor) on long term leases and are scheduled for delivery...
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December 29, 2023, 07:15 AM
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Avolon, a global aviation finance company, has agreed to order 100 A321neo aircraft from Airbus and 40 737 MAX aircraft from Boeing. These aircraft are scheduled for delivery out to 2032.Avolon has added 200 new technology aircraft to its orderbook...
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December 13, 2023, 07:07 AM
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CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), announced that the lessor entered into its inaugural Sustainability Linked Loan (SLL) on December 1, 2023, anchored with a $625 million...
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December 11, 2023, 07:00 AM
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Air Lease Corporation (ALC) announced the first of 25 new Boeing 737-8 aircraft delivered to Malaysia Airlines Berhad from ALC’s order book with Boeing. Featuring CFM LEAP 1B-27 engines, this new Boeing aircraft is the first 737-8 addition to...
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November 22, 2023, 07:05 AM
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Aircraft lessor SMBC Aviation Capital and Airbus announced an order for an additional 60 Airbus A320neo family aircraft. The new order takes the international aircraft leasing company’s cumulative firm order book for the A320neo and A321neo to...
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November 21, 2023, 07:15 AM
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Aquila Air Capital, a leading lessor focused on end-of-life solutions, announced the successful closing of a $100 million financing. Deutsche Bank acted as Sole Structuring Agent and Underwriter for the financing. The financing is aimed at increasing...
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November 09, 2023, 06:55 AM
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Aviation Capital Group LLC (ACG) announced Vicente Alava Pons has joined the company as a Managing Director on the Aircraft Financing Solutions (AFS) team. Pons will be based in Europe, supporting the growth of ACG’s AFS business by developing and...
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November 02, 2023, 07:00 AM
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Seabury Capital Group's global aviation practice (“Seabury”) and Airline Strategy Group (“ASG”) announced a strategic partnership that will combine the two global aviation advisory firms’ industry-leading platforms to drive performance excellence for...
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October 10, 2023, 06:42 AM
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Willis Lease Finance, together with its subsidiary Willis Sustainable Fuels (UK) Limited, announced the selection of Teesworks in Tees Valley, England, as the intended location for a ground-breaking sustainable aviation fuel (SAF) plant. This plant...
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October 02, 2023, 06:00 AM
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Avolon, a global aviation finance company, has signed a binding agreement for its order of 20 new A330neo aircraft from Airbus. The order firms up a memorandum of understanding signed at the Paris Airshow in June. The new aircraft are scheduled to be...
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September 05, 2023, 07:12 AM
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Air Lease Corporation announced long-term lease contracts for five Boeing 737 aircraft with Royal Air Maroc (RAM), including four new Boeing 737-8s and one Boeing 737-800. The new aircraft are scheduled to deliver to the Moroccan flag carrier in 2024...
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August 17, 2023, 07:05 AM
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The latest Sandhills Global aviation market reports show inventory levels continuing to cool among pre-owned aircraft in Sandhills marketplaces. Only the used jet category exhibited positive growth in June. Asking values saw slight increases across...
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July 10, 2023, 07:15 AM
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Aircastle Limited (Aircastle) announced it has received a $500 million equity commitment from its shareholders, Marubeni Corporation and Mizuho Leasing. The equity commitment will be funded in two tranches, with $200 million funded in July 2023 and...
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July 07, 2023, 07:18 AM
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Avolon, an international aircraft leasing company, issued an update for the second quarter of 2023.Q2 Fleet Metrics
Executed 31 lease transactions comprising new aircraft leases, follow-on leases and lease extensions;
Entered into letters of...
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July 07, 2023, 07:12 AM
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Aviation Capital Group LLC (ACG) announced it has entered into long-term leases with TAAG Angola Airlines for four new Airbus A220-300 aircraft. The aircraft are scheduled to be delivered to TAAG in 2025 from ACG’s order book with Airbus.“On behalf...
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June 20, 2023, 07:00 AM
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Asking values for aircraft in Sandhills Global marketplaces increased considerably in 2021 and remained elevated in 2022. As a result, year-over-year increases have significantly cooled off recently with all categories being within 5 percent of May...
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June 13, 2023, 07:09 AM
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Air Lease Corporation announced long-term lease placements for four new Airbus A220-300 aircraft with Czech Airlines. All four aircraft are scheduled to be delivered to the European airline in 2024 from ALC’s order book with Airbus.“We are pleased to...
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June 02, 2023, 07:05 AM
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Vmo Aircraft Leasing (Vmo) and H55, an innovator in the field of electric propulsion technology for aviation, announced their commitment to working together to develop leasing solutions for new clean aviation products. As part of the envisaged...
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April 27, 2023, 07:00 AM
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Air Lease Corporation amended and extended its senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent whereby the company extended the final maturity date of the facility from May 5, 2026 to May 5, 2027 and...
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April 26, 2023, 06:58 AM
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AerCap Holdings N.V. (AerCap) announced its major business transactions during the first quarter 2023.It signed 155 lease agreements, including 18 widebody aircraft, 58 narrowbody aircraft, 55 engines and 24 helicopters.AerCap completed 56 purchases...
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April 07, 2023, 07:17 AM
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GA Telesis, LLC (GAT) and Tokyo Century Corporation (TC) announced the launch of its new joint venture lending platform, HALO AirFinance (HALO). HALO will serve as the exclusive debt origination channel for GAT and TC, with a focus on secured direct...
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March 06, 2023, 07:10 AM
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SMBC Aviation Capital announced it has closed a $1.5 billion loan facility with the Japan Bank for International Cooperation (JBIC) through one of their shareholders, Sumitomo Mitsui Finance and Leasing Company (SMFL). JBIC signed the loan agreement...
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February 15, 2023, 07:18 AM
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Avolon, the international aircraft leasing company, announced it has completed the delivery of five new Boeing 737-8 MAX aircraft to Akasa Air, India’s newest airline.Delivery of the aircraft commenced in December 2022 and was completed in...
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February 13, 2023, 07:12 AM
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Global Jet Capital provided more than $3.5 billion in financing to users of new and pre-owned aircraft. This milestone is significant for the specialty financer that has focused on delivering a unique customer-centric experience since its inception...
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February 03, 2023, 07:08 AM
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Eaton Partners acted as exclusive placement agent for SKY Leasing LLC and its Sky Fund V, L.P. (“SFV” or the “Fund”). SKY Leasing is a leading alternative asset manager with two decades of experience acquiring and selling new and young mid-life...
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February 01, 2023, 05:00 AM
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Aircastle Limited increased the size of its unsecured revolving credit facility with Mizuho Marubeni Leasing America Corporation to $200 million from $100 million and extended its maturity to January 2025. The facility will provide working capital...
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January 31, 2023, 07:10 AM
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Voyager Aviation Holdings, LLC (VAH) announced that the company recently delivered another new Airbus A220-300 on long-term lease to Breeze Airways (Breeze) and agreed to provide five more aircraft under a further sale and leaseback transaction....
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January 27, 2023, 07:12 AM
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JetLoan Capital arranged loans totaling $175 million in 2022 for the following collateral types:
Light, mid-size, large cabin jets, turboprop and piston aircraft
Helicopters
Marine
Sam Harris, President, said that the general aviation and...
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January 17, 2023, 07:00 AM
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Bristow Group Inc., based in Houston, TX, and its subsidiaries announced it has entered into two 13-year secured equipment financings for an aggregate amount up to $175.86 million with National Westminster Bank Plc (NatWest). The proceeds from the...
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January 13, 2023, 07:20 AM
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KKR and Altavair L.P., a commercial aviation finance company, announced that KKR is making an additional $1.15 billion commitment to expand its global portfolio of leased commercial aircraft in partnership with Altavair. The investment will come from...
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January 12, 2023, 07:19 AM
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AerCap Holdings N.V. announced the delivery of the first of six new Airbus A330-900neo aircraft to German leisure carrier, Condor. The remaining aircraft are scheduled to be delivered in summer 2023 through 2024.“We are delighted to announce the...
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January 03, 2023, 07:00 AM
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BOC Aviation Limited announced it has entered into an agreement with The Boeing Company to purchase 40 new Boeing 737 MAX 8 aircraft. All aircraft are scheduled for delivery in 2027 and 2028. “We are pleased to continue to build on our existing...
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December 28, 2022, 07:15 AM
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Marathon Asset Management, L.P., a global credit manager, announced the closing of MAST 2022-1, its inaugural aircraft securitization. The transaction was privately issued and resulted in the placement of $304 million of debt backed by a pool of 15...
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December 14, 2022, 07:12 AM
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Air Lease Corporation announced long-term lease placements for three new Boeing 787-9 aircraft with Air Astana, the national carrier of Kazakhstan. The aircraft are scheduled to deliver to Air Astana beginning in early 2025 through spring 2026 from...
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November 14, 2022, 07:10 AM
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Air Lease Corporation announced long-term lease placements for three new Boeing 737-8 aircraft with Aeroitalia. These three new Boeing aircraft are scheduled to deliver to the Italian airline from ALC’s order book with Boeing beginning in 2023...
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November 02, 2022, 07:05 AM
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BOC Aviation Limited announced it has completed delivery of six Boeing 787-9 Dreamliners to Norwegian carrier Norse Atlantic Airways (Norse). All six aircraft are powered by Rolls Royce Trent 1000 TEN engines.“The delivery of these six aircraft...
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October 31, 2022, 07:05 AM
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Continuing its pursuit of transforming the private aviation industry, AeroVanti Club announced a new investment vehicle of up to $100 million that will fund a major aircraft fleet expansion. The announcement comes just weeks after AeroVanti announced...
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October 27, 2022, 07:15 AM
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Altavair L.P., a provider of commercial aviation finance, announced the signing of a definitive agreement to lease 10 Airbus A330-300 aircraft to Amazon Air. The aircraft will be delivered following freighter conversion by Elbe Flugzeugwerke GmbH, a...
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October 24, 2022, 07:15 AM
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AerCap Holdings N.V. announced its major business transactions during the third quarter 2022.
Signed 184 lease agreements, including 30 widebody aircraft, 104 narrowbody aircraft, three regional jets, 23 engines and 24 helicopters.
Completed 34...
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October 12, 2022, 07:03 AM
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Air Lease Corporation announced an update on aircraft investments and sales activity occurring in the third quarter of 2022.As of Sept. 30, ALC’s fleet was comprised of 405 owned aircraft and 87 managed aircraft, with 412 new aircraft on order from...
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October 11, 2022, 07:02 AM
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Air Lease Corporation (ALC) announced long-term lease placements for six Boeing 737-8 aircraft with LOT Polish Airlines. All aircraft are scheduled to deliver to LOT in October and will add to the five Boeing 737-8 and one Dreamliner aircraft...
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October 06, 2022, 07:05 AM
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SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, announced it has signed $1,725 million five-year syndicated facilities with a greenshoe option comprising a $1,294 million term loan and a $431 million revolving credit...
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September 28, 2022, 07:15 AM
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AerCap Holdings N.V. and Boeing announced the milestone delivery of the 100th contracted 737-800 Boeing Converted Freighter (BCF). The 100th 737-800BCF was converted at Boeing Shanghai Aviation Services Co. Ltd., (BSAS), home to the first 737-800BCF...
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September 28, 2022, 07:10 AM
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SMBC Aviation Capital launched a sustainability solution for its airline customers, including an initial $53.3 million investment in high quality carbon credit programs that align with the United Nation’s Sustainable Development Goals (SDGs).SMBC...
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September 21, 2022, 07:18 AM
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Porter Aviation Holdings Inc.'s wholly owned subsidiary, Porter Aircraft Leasing Corp., has entered into sale and leaseback and pre-delivery payment (PDP) financing agreements for 12 Embraer E195-E2 aircraft. TrueNoord, and certain funds managed by...
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September 16, 2022, 07:15 AM
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Aviation Capital Group entered into a $425 million senior unsecured term loan with a syndicate of lenders and Mizuho Bank Ltd, as administrative agent. The term loan matures in July 2025 and includes an accordion feature allowing for an additional...
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September 06, 2022, 07:04 AM
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Air Lease Corporation announced long-term lease placements for 19 new Airbus aircraft with Condor (Germany), including 17 Airbus A321neos and two A320neos. The new aircraft are scheduled to deliver to the airline starting in early 2024 through...
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August 17, 2022, 07:05 AM
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Avolon, an international aircraft leasing company, announced it has agreed a transaction with Malaysia Aviation Group (MAG), owner of Malaysia Airlines, for the financing of 20 A330-900neo aircraft. The transaction comprises the placement of 10...
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August 15, 2022, 07:12 AM
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Skyservice Business Aviation, a leader in business aviation in North America, appointed Ty Dubay as Skyservice's Chief of Staff. This new position at Skyservice will provide added support to the company's strategic growth objectives and expansion...
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July 29, 2022, 04:00 AM
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LCI announced an order for up to six H175 super-medium helicopters from Airbus, valued at over US$125 million. The order is for two confirmed aircraft with the first H175 set to be delivered to LCI in late 2023. The agreement provides for a further...
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July 27, 2022, 05:00 AM
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Air Lease Corporation announced an update on aircraft investments and sales activity occurring in the second quarter.As of June 30, ALC’s fleet was comprised of 392 owned aircraft and 89 managed aircraft, with 430 new aircraft on order from Boeing...
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July 13, 2022, 07:00 AM
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Voyager Aviation Holdings, LLC (VAH) announced the signing of a purchase agreement with a fellow aircraft leasing firm for seven young and in-production aircraft, all of which are on long-term leases with strong credit quality airlines.The assets...
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July 06, 2022, 07:02 AM
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Natixis Corporate & Investment Banking closed a $300 million acquisition facility for SKY Leasing, proceeds of which will be used to facilitate the purchase of 12 off-lease 737 MAX 8 aircraft. “We are very pleased with the success of this...
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July 05, 2022, 07:12 AM
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Mitsubishi UFJ Financial Group (MUFG) announced the closing of a limited recourse acquisition facility for SKY Leasing, where the bank acted as Co-Structuring Agent and Joint Lead Arranger. The $300 million acquisition facility will support SKY...
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June 30, 2022, 07:15 AM
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Air Lease Corporation announced long-term lease placements for three new Airbus A321neo aircraft with LATAM Airlines. The aircraft are scheduled to deliver to LATAM in summer and fall of 2023 from ALC’s orderbook with Airbus. “We are pleased to...
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June 02, 2022, 07:05 AM
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Titan Aircraft Investments, the joint venture between Titan Aviation Holdings, Inc. and Bain Capital Credit, announced the placement of three Boeing 757-200SF converted freighters on long-term dry leases with Amerijet International Inc. to support...
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April 11, 2022, 07:03 AM
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Boeing and Air Lease Corp. announced the aircraft lessor is expanding its airplane portfolio with an order for 32 additional 737-8 and 737-9 jets. As the travel market recovers, ALC is increasing its 737 MAX family offering to meet airline demand for...
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April 05, 2022, 07:00 AM
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Willis Lease Finance Corporation announced it has entered into lease agreements with Transportes Aéreos Guatemaltecos (TAG Airlines) for four ATR 72-500 aircraft. The five-year deal sees the aircraft overhauled and refurbished, fitted with new Pratt...
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April 01, 2022, 07:00 AM
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Air Lease Corporation announced long-term lease agreements for nine new Boeing 737 aircraft with Aeromexico. Consisting of two new 737-8s and seven new 737-9s, the aircraft are scheduled to be delivered between July 2022 and August 2023 from ALC’s...
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March 28, 2022, 07:09 AM
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Air Lease Corporation announced long-term lease placements for 15 new Airbus A321XLR aircraft with Air Canada. The new aircraft are scheduled to deliver in 2024 and 2025 from ALC’s orderbook with Airbus.“We’re honored to significantly expand our long...
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March 23, 2022, 07:07 AM
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Griffin Global Asset Management announced the delivery of one Boeing 737MAX 8 to Arajet, an ultra-low-cost airline based in the Dominican Republic. The aircraft is the first of five from Griffin’s orderbook scheduled to deliver to Arajet in...
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March 16, 2022, 06:59 AM
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Air Lease Corporation announced long-term lease placements for nine new Boeing 737 aircraft with Corendon Airlines Group. Five new 737-8 aircraft are confirmed to deliver to Corendon Airlines (Turkey) in Spring 2022 and one new 737-8 will deliver to...
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February 23, 2022, 07:03 AM
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Air Lease Corporation announced long-term lease placements for 25 new Boeing 737-8 aircraft with Malaysia Aviation Group (MAG), parent company of Malaysia Airlines Berhad (MAB). The aircraft are scheduled to be delivered to the airline starting in...
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February 15, 2022, 07:00 AM
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Aviation Capital Group LLC (ACG), an aircraft asset manager, announced it has entered into an agreement in principle with Volocopter, a pioneer of urban air mobility (UAM), to develop financing solutions that will assist with the sale of Volocopter’s...
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February 11, 2022, 07:12 AM
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The latest Sandhills Global aviation industry market reports track the recent dramatic rise in the asking values for piston single and turboprop aircraft. Year-over-year trends for January illustrate these major gains. From January 2021 to January...
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February 10, 2022, 07:10 AM
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Griffin Global Asset Management announced the agreement to purchase and leaseback two new Airbus A350-900 aircraft to Air France, featuring RR Trent XWB-84 engines. The first aircraft delivered on a long-term lease to Air France on Jan. 28; the...
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February 08, 2022, 07:03 AM
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CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), announced the completion of deliveries of a fleet of 15 new Boeing aircraft to U.S.-based United Airlines Holdings, Inc. The sale and...
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January 06, 2022, 07:00 AM
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Air Lease Corporation announced long-term lease placements for two new Airbus A350-1000 aircraft with Virgin Atlantic. The two new A350-1000s are scheduled to deliver to the airline in 2023 and 2024 from ALC’s orderbook with Airbus. “We are pleased...
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December 15, 2021, 07:00 AM
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Sandhills Global announces a new market report identifying noteworthy supply and demand trends within the used piston single aircraft category in Sandhills marketplaces. This report is the first from Sandhills addressing the aviation industry. Other...
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December 14, 2021, 07:03 AM
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Air Lease Corporation announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Peach Aviation, an affiliate of ANA based in Osaka, Japan. Featuring CFM International LEAP-1A32 engines, this is the first of two new...
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December 09, 2021, 07:00 AM
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Mitsubishi HC Capital Inc. announced Engine Lease Finance Corporation (ELF), its subsidiary engaging in the aircraft engine leasing business based in Ireland, purchased 25 new generation fuel-efficient aircraft engines from Pratt & Whitney, a...
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November 17, 2021, 07:10 AM
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Air Lease Corporation (ALC) has signed a Letter of Intent (LoI) covering all Airbus Families, highlighting the power of the company’s full product range. The agreement is for 25 A220-300s, 55 A321neos, 20 A321XLRs, four A330neos and includes seven...
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November 16, 2021, 07:17 AM
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Castlelake, a global alternative investment firm with 16 years of tenure investing in, financing and managing aviation assets, announced the completion of the sale and leaseback of six A330-200 freight aircraft to Avianca S.A. ("Avianca") with a...
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November 09, 2021, 07:00 AM
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ABL Aviation, a global independent aircraft investment management firm, announced it has established a joint venture with Ellington Management Group, an alternative investment manager, to opportunistically deploy capital across the global aviation...
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November 03, 2021, 07:09 AM
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LCI, an aviation leasing company, announced its parent company, the Libra Group, has acquired the minority interest in LCI Helicopters held by global investment firm KKR.Jaspal Jandu, CEO of LCI, said, “We would like to thank the KKR team for their...
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October 12, 2021, 07:12 AM
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Air Lease Corporation announced an update on aircraft investments, sales and new significant financing occurring in the third quarter.As of Sept. 30, ALC’s fleet was comprised of 370 owned aircraft and 89 managed aircraft, with 320 new aircraft on...
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October 11, 2021, 07:05 AM
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Air Lease Corporation announced ITA, the new national airline of Italy, has agreed to lease 31 new ALC aircraft consisting of 15 A220s, two A320neos, nine A321neos and five A330-900neos on long-term lease from ALC’s orderbook with Airbus. The 31...
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October 01, 2021, 07:09 AM
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Castlelake, L.P., a global alternative investment firm and experienced leader in aircraft investing, leasing and servicing, announced the creation of Castlelake Aviation Limited (CA), a corporate lessor of commercial aircraft that will finance a...
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September 30, 2021, 07:21 AM
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LCI, an aviation leasing company, has re-entered the fixed wing market with the acquisition of an Airbus A330-300 commercial aircraft.This latest investment program builds upon LCI’s 17-year track record in the fixed wing market during which it has...
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September 29, 2021, 07:10 AM
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Air Lease Corporation announced the delivery of one new Boeing 737-9 aircraft on long-term lease to Alaska Airlines. Featuring CFM International LEAP -1B engines, this is the first of 13 new 737-9 aircraft confirmed to deliver to the airline as...
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September 28, 2021, 07:00 AM
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Phoenix American, a managing agent for asset-backed securitizations (ABS) in the commercial aviation leasing industry, has published a new white paper examining the history, evolution and prospects for aviation ABS in the wake of the COVID-19...
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September 14, 2021, 07:03 AM
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Air Lease Corporation announced long-term lease placements for 10 new Airbus A321-200neo aircraft and sale and lease-backs of five new Airbus A320-200neo aircraft with Spirit Airlines. The five A320neos are scheduled to deliver to Spirit Airlines in...
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September 10, 2021, 07:05 AM
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GovCon Funding Corporation announced it has completed funding of a $4.5 million transaction for corporate aircraft. The aircraft acquisition, in support of a U.S. Government contract, provides the company’s client with the capability to meet the...
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September 01, 2021, 07:18 AM
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IBA, an aviation data and advisory consultancy, has highlighted the difference in the rate of recovery from the pandemic of turboprops and regional jets. In a recent Aircraft Values webinar, IBA illustrated the faster recovery in regional jet...
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September 01, 2021, 07:00 AM
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Vmo Aircraft Leasing (Vmo), a San Francisco-based aircraft leasing company, announced the company increased its capital base from $500 million to $1.1 billion through its latest round of fundraising.Robert Brown, Executive Chairman of Vmo Aircraft...
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August 04, 2021, 07:03 AM
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Air Lease Corporation announced long-term lease placements for 10 used Airbus A320-200 aircraft with Allegiant. The aircraft are scheduled to deliver to the airline beginning in fall 2021 through summer 2022. “We are pleased to announce this lease...
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July 30, 2021, 07:00 AM
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Air Lease Corporation announced the delivery of one new Airbus A321neo aircraft on long-term lease to SKY (Chile). This is the first Airbus A321neo to operate in Chile.“ALC is pleased to deliver this new Airbus A321neo aircraft to SKY and be the...
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July 28, 2021, 06:58 AM
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Aircraft leasing company AerCap is set to secure unconditional EU antitrust approval for its $30 billion bid for General Electric's aircraft leasing business, three people familiar with the matter said, Reuters reported. The deal between the world's...
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July 23, 2021, 07:11 AM
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Global Jet Capital announced the appointment of Vivek Kaushal as Chief Executive Officer, taking over from Shawn Vick who will assume the role of Executive Chairman. Vivek joined the company in 2015, in conjunction with Global Jet Capital’s...
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July 13, 2021, 07:07 AM
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Air Lease Corporation announced an update on aircraft investments, sales, new significant financing and recent ratings updates occurring in the second quarter of 2021. As of June 30, ALC’s fleet was comprised of 354 owned aircraft and 89 managed...
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July 12, 2021, 07:00 AM
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Apollo Global Management, Inc. announced that entities, clients and funds managed by its affiliates completed approximately $1 billion in aircraft-related origination volume during the second quarter, the most active quarter on record since Apollo...
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July 09, 2021, 07:18 AM
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Bombardier announced has received a firm order for 10 aircraft from an existing customer. For competitive reasons, the order mix will remain undisclosed at this time, the company said. This agreement represents a total value of $451.8 million...
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July 01, 2021, 07:00 AM
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Aviation Capital Group secured financing of one Airbus A350-900 aircraft and three Airbus A321neo aircraft for Turkish Airlines (THY).In connection with the A350-900 financing, ACG’s Aircraft Financing Solutions (AFS) program utilized a portion of...
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June 16, 2021, 05:38 AM
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Air Lease Corporation (ALC) announced the delivery of one new Airbus A350-900 aircraft, featuring Rolls-Royce Trent XWB engines, on long-term lease to World2Fly (Spain). This aircraft is the first of two new A350-900 aircraft confirmed to deliver to...
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June 08, 2021, 07:09 AM
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Funds managed by Stonepeak Infrastructure Partners, a private equity firm specializing in infrastructure investing, have partnered with Bellinger Asset Management to complete the acquisition of a $1.1 billion performing aircraft loan portfolio from...
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May 25, 2021, 07:00 AM
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GovCon Funding Corporation, a Miami, FL-based strategic advisory and financial services company, dedicated to financing middle-market companies operating in the aerospace and defense industry, announced it has completed financing on a $5.5 million...
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April 28, 2021, 07:10 AM
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Air Lease Corporation (ALC) announced long-term lease placements for four new Airbus A320neo aircraft with Volaris (Mexico). Two of the aircraft are from ALC’s order book with Airbus and two are from sale-leasebacks acquired from a third party by...
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April 26, 2021, 07:04 AM
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Air Lease Corporation announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Air Astana. This aircraft, featuring Pratt & Whitney PW1133G engines, is the fifth new A321-200neo LR to deliver to Air Astana from ALC’s...
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April 13, 2021, 06:57 AM
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Air Lease Corporation (ALC) announced the first delivery on April 5 of one new Airbus A330-900 to Delta Air Lines under sale-leaseback with Blackbird Capital II. This is the first delivery of two new A330-900s under sale-leaseback between Delta and...
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April 09, 2021, 07:05 AM
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Air Lease Corporation (ALC) announced the delivery of one new Boeing 787-9 aircraft on long-term lease to Air Premia (South Korea). Featuring Rolls-Royce Trent 1000 engines, this aircraft is the first of three new Boeing 787-9s confirmed to deliver...
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April 01, 2021, 07:05 AM
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Air Lease Corporation announced the delivery of one new Boeing 737-8 aircraft on long-term lease to Blue Air (Romania). This aircraft, featuring CFM LEAP-1B25 engines, is the first of 10 new Boeing 737-8s confirmed to deliver to Blue Air from ALC’s...
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March 31, 2021, 07:11 AM
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JetLoan Capital originated and closed an $11 million 2012 Global 5000 aircraft loan featuring a 90 percent LTV, 15-year amortization and a 3.65 percent interest rate fixed for five years. JetLoan Capital is an independent aircraft and marine loan...
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March 31, 2021, 07:05 AM
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Azorra Aviation Holdings entered into an agreement with funds managed by Oaktree Capital Management, under which Oaktree and Azorra’s founders will invest $350 million to expand Azorra’s commercial aircraft leasing business.Led by a seasoned team of...
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March 22, 2021, 07:09 AM
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Textron Aviation delivered nearly 560 aircraft to customers worldwide in 2020, leading the General Aviation Manufacturers Association (GAMA) annual shipments and billings report published this week. In total, Textron Aviation delivered more than a...
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March 01, 2021, 07:10 AM
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Air Lease Corporation announced long-term lease placements for 13 new Boeing 737-9 new technology aircraft with Alaska Airlines. These new aircraft are scheduled to deliver between the second half of 2021 through the end of 2022 from ALC’s order book...
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November 24, 2020, 07:00 AM
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PIMCO, a fixed income investment manager, and GE Capital Aviation Services (GECAS), a lessor and business unit of GE, announced they have reached a preliminary agreement to develop an aviation leasing platform to support up to $3 billion in aircraft...
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October 20, 2020, 07:25 AM
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The American Society of Appraisers (ASA) and JSSI Advisory Services have joined forces to offer a unique online continuing education initiative for aircraft appraisers, lenders, insurers and maintenance professionals.The four-part virtual series is...
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October 12, 2020, 06:59 AM
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LCI, a helicopter lessor and the aviation division of the Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have agreed to establish and operate a joint venture helicopter leasing business.The vehicle has launched with the...
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September 24, 2020, 06:59 AM
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SKY Leasing, a full-service aircraft asset manager, announced it has signed an agreement for the sale and leaseback of six A321-200NEO aircraft with JetBlue. The transaction covers deliveries to JetBlue from Q2 to Q4 2020."We are excited for the new...
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August 07, 2020, 07:00 AM
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CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the company commenced this week the deliveries of three Airbus A320neos to new customer, Denver-based low fare carrier...
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July 30, 2020, 05:00 AM
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Amazon.com, Inc. announced the lease of 12 Boeing 767-300 converted cargo aircraft from Air Transport Services Group (ATSG). These aircraft will join Amazon’s existing fleet of 70 aircraft to bring its total network to over 80 aircraft. One of the...
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June 08, 2020, 07:10 AM
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Global aircraft lessors' recent first quarter financial results confirm issuers' continued efforts to maintain sufficient liquidity amid the economic fallout from the coronavirus pandemic, Fitch Ratings says. The pandemic has caused significantly...
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June 01, 2020, 07:20 AM
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Fitch Ratings completed a rating review of global aircraft lessors, resulting in five issuers' Rating Outlooks being revised to Negative from Stable, one issuer being placed on Rating Watch Negative and one issuer being downgraded by one notch and...
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March 25, 2020, 06:59 AM
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Fitch Ratings has revised its sector Asset Performance and Ratings Outlooks for aircraft and engine asset-backed securities (ABS) to “Negative” from “Stable-to-Negative.” This change reflects material downside risks from the global spread of the...
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March 24, 2020, 07:04 AM
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Fitch Ratings has revised its sector outlook for global aircraft lessors to negative from stable, reflecting elevated downside risks from the global spread of the coronavirus. The dramatic reduction in global travel demand is already increasing...
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March 17, 2020, 07:00 AM
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Key industry partners have come together to launch the MRO Blockchain Alliance, the air transport sector’s first industry-wide investigation into the use of blockchain to trace, track and record aircraft parts.The new alliance is made up of leading...
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February 10, 2020, 07:00 AM
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The Wuhan coronavirus is expected to have a minimal impact on aircraft lessor and ABS ratings in the near term given the relative diversity of customer bases, solid cash flow generation derived from long-term leases and the fact that current ratings...
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January 30, 2020, 07:20 AM
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Fitch Ratings remains cautious amid the longer term normalization of the aircraft lessor market, as future lessor profitability could be tested by competitive dynamics, the placement risks of large order books and the potential for further airline...
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January 20, 2020, 07:05 AM
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Airline credit risk and heated competition in the leasing industry will test aircraft lessors' ability to adequately service asset-backed securities (ABS) in 2020, including repossessing and remarketing aircraft and placing them back on lease while...
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January 15, 2020, 07:15 AM
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Titan Aviation Holdings, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc., and Bain Capital Credit, LP announced they have entered into an agreement to form a joint venture to develop a diversified freighter aircraft leasing portfolio with an...
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December 19, 2019, 07:25 AM
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Sky Leasing LLC, a full-service aircraft asset manager, has closed its first aircraft leasing fund with a $300 million equity investment from M&G Investments. As servicer to the fund, SKY Leasing will focus on providing fleet solutions for its...
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October 31, 2019, 07:20 AM
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LCI, a leading helicopter lessor and the aviation division of the Libra Group, has launched its first ever helicopter co-investment vehicle.The new helicopter ownership vehicle contains five aircraft all on long-term lease – three Leonardo AW139 and...
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October 22, 2019, 06:37 AM
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Wings Capital Partners LLC announced the issuance of $678,075,000 of fixed rate secured notes by WAVE 2019-1 LLC and WAVE 2019-1 Limited (WAVE). Proceeds from the issuance of the Notes will be used by WAVE to acquire a portfolio of 23 Airbus and...
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October 02, 2019, 07:10 AM
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National Aircraft Finance Association (NAFA) announced Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., recently joined its professional network of aviation lenders. “NAFA members form a network of aviation finance...
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September 24, 2019, 07:07 AM
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Jet Support Services, Inc. (JSSI), an independent provider of maintenance support and financial services to the aviation industry, has appointed business aviation industry veteran Gary Strapp to the role of Senior Vice President, Global Program...
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September 03, 2019, 07:10 AM
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BBAM Limited Partnership (BBAM) announced, alongside its long-term partner Nomura Babcock & Brown Co., Ltd. (NBB), the closing of a Japanese operating lease with call option (JOLCO) transaction with British Airways for an A350-1000. This is the first...
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August 28, 2019, 07:20 AM
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Lease Corporation International (LCI), a helicopter lessor and the aviation division of the Libra Group, has successfully closed a new asset-backed helicopter facility in excess of $135 million with a syndicate of five banks led by CIT Group Inc. as...
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July 18, 2019, 07:19 AM
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Lease Corporation International (LCI), the leading helicopter lessor and aviation division of the Libra Group, has successfully closed a new asset-backed helicopter financing facility in excess of $75 million.The new facility, led by CaixaBank along...
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July 10, 2019, 07:10 AM
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Amazon, at the International Paris Air Show, announced a partnership with GE Capital Aviation Services (GECAS) to lease an additional 15 Boeing 737-800 cargo aircraft. These aircraft will be in addition to the five Boeing 737-800’s already leased...
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June 19, 2019, 07:25 AM
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Willis Lease Finance Corporation, an independent jet engine lessor, announced it has expanded its $890 million revolving credit facility to $1 billion.The facility has a five-year term and is structured with the flexibility to support the company’s...
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June 13, 2019, 07:05 AM
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Marathon Asset Management, a global credit investment manager, announced the closure of its first fund solely dedicated to aviation leasing, the Marathon Aviation Fund. The new strategy, which was oversubscribed, will focus on leasing the most...
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June 03, 2019, 07:17 AM
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Amazon expanded its Amazon Air fleet by partnering with GE Capital Aviation Services to lease five Boeing 737-800 cargo aircraft. The five aircraft will be operated on Amazon’s behalf by Southern Air, an Atlas Air Worldwide Holdings, Inc. airline.“We...
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April 15, 2019, 07:29 AM
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Apollo Global Management LLC is seeking to raise as much as $1 billion for a new aircraft-finance fund, Bloomberg reports.The fund, expected to launch this year, would make various aviation investments and have a nine-year term, according to a person...
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March 29, 2019, 07:20 AM
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Sikorsky, a Lockheed Martin company, welcomed Everett Aviation as its newest S-92A helicopter customer at a ceremony at the 2019 Helicopter Association International Heli-Expo in Atlanta. Everett signed a contract with Lobo Leasing Limited for a...
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March 15, 2019, 07:10 AM
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Alternative investment managers (Alt-IMs) have become increasingly active investors in the aircraft leasing industry as they seek to deploy capital into a growing sector that could provide attractive investment returns. However, Fitch Ratings notes...
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February 04, 2019, 07:15 AM
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Chorus Aviation Inc. announced its wholly owned subsidiary, Chorus Aviation Capital (Ireland) Limited, has secured a $300 million committed, revolving credit facility to be used to finance future aircraft acquisitions for its regional aircraft...
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February 01, 2019, 06:30 AM
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Kroll Bond Rating Agency (KBRA) released a Year in Review and 2019 Outlook for aircraft lessors and secured aircraft transactions.The global aviation industry experienced another eventful year in 2018 amid continuing consolidation and scale building....
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January 21, 2019, 06:50 AM
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Willis Lease Finance Corporation announced the closing of a sale and leaseback transaction on ten Airbus A319 aircraft with easyJet Airline. The aircraft are powered by CFM56-5B engines. The deal combines elements from across the Willis Platform...
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January 10, 2019, 06:50 AM
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Global investment firm KKR and Altavair AirFinance, a leader in commercial aviation finance, announced the two firms have entered into an agreement to form a long-term partnership to pursue the creation of a leading, global portfolio of leased...
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January 04, 2019, 07:20 AM
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Amazon.com Services, Inc. recently announced an expansion of its partnership with Air Transport Services Group, Inc. (ATSG) by leasing an additional 10 Boeing 767s to support Amazon’s growth. Amazon previously leased 40 Boeing 767 freighter aircraft...
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January 03, 2019, 07:05 AM
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TrueNoord, an independent regional aircraft lessor, announced it has secured new investment from existing and new investors. This brings total equity available to nearly $400 million to expand TrueNoord’s aircraft portfolio and partially refinance...
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December 03, 2018, 07:00 AM
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Seabury Capital Group LLC announced its role as sole investment banking advisor on the successful acquisition of a leased portfolio of 21 aircraft by Zephyrus Aviation Capital.Zephyrus is a fleet management solutions provider to lessors and...
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October 22, 2018, 07:10 AM
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Aircraft lessors continue to benefit from largely favorable market conditions, including above-average air traffic growth, increasing operating lease penetration, demand for aircraft across the age spectrum and accessible funding markets, according...
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September 21, 2018, 07:01 AM
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A strong secondary market for midlife commercial aircraft coupled with gradual deliveries of new generation airplanes have reduced the average age of aircraft lessors' owned portfolios, Fitch Ratings said. This is a positive for the aircraft leasing...
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April 03, 2018, 07:20 AM
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Aviation Capital Group LLC (ACG) announced the formation of its new Aircraft Financing Solutions (AFS) group. The AFS initiative will focus on the development and marketing of credit-enhanced financing structures that provide airline customers more...
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March 06, 2018, 07:15 AM
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Fly Leasing Limited announced that it has entered into a definitive agreement with AirAsia Berhad ("AAB") and its subsidiary, Asia Aviation Capital Limited ("AAC"), under which FLY will acquire 54 Airbus narrowbody aircraft and seven CFM engines on...
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March 01, 2018, 07:00 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, announced that it is expanding its partnership with CHC through the placement of a second Airbus Helicopters H175 aircraft with the operator.The helicopter is due to...
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February 28, 2018, 06:50 AM
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Lease Corporation International (LCI), the leading helicopter lessor and aviation division of the Libra Group, has closed its inaugural capital markets term loan financing, with a value in excess of US$55 million. The private, senior secured tranches...
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February 13, 2018, 07:00 AM
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CIT Group announced that its Commercial Finance unit served as sole lead arranger for a $422 million senior secured loan financing to White Oak Commercial Aviation, LP, an affiliated entity of White Oak Global Advisors, LLC (White Oak) that is wholly...
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January 19, 2018, 07:20 AM
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White Oak Global Advisors, LLC announced it completed a $550 million transaction with GE Capital Aviation Services (“GECAS”) to buy and immediately lease back 20 wide body aircraft engines.To facilitate this transaction, and to strengthen and grow...
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January 19, 2018, 07:19 AM
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Lobo Leasing Limited, a leading world-wide helicopter leasing company based in Dublin, Ireland, announced the completion of a helicopter leasing transaction with global operator CHC Group for one offshore configured AW139 helicopter to be based in...
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December 18, 2017, 07:00 AM
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Aviation Capital Group LLC (ACG) announced that its parent company, Pacific Life Insurance Company, has closed a transaction with Tokyo Century Corporation (TC) that results in an investment by TC for a 20 percent membership interest in ACG. In...
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December 12, 2017, 07:10 AM
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GA Telesis, LLC (“GAT”) announced the launch of its Leveraged Finance Group (“LFG”) to provide secured aircraft financing for lessors, investors, and airlines. GAT has appointed David Lloyd and Nolan Heske as Managing Directors of LFG to pursue the...
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December 11, 2017, 07:20 AM
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Boeing anticipates diverse markets and participants will continue the upward trend in availability of efficient financing for record new aircraft deliveries in the next year.Now in its tenth year, the annual Boeing Current Aircraft Finance Market...
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December 08, 2017, 07:05 AM
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Boeing and Avolon finalized an order for 75 737 MAX airplanes. The confirmed order is for 55 MAX 8s and 20 MAX 10s, with options for 20 additional MAX 8s.The agreement, announced as a memorandum of understanding at the 2017 Paris Air Show, is valued...
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November 20, 2017, 06:00 AM
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Reuters reported that General Electric is considering options for its aircraft leasing operations, including the sale of all or part of the businesss, according to people familiar with the matter. According to the Reuters report, sources stated GE’s...
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November 07, 2017, 07:10 AM
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Stonebriar Commercial Finance announced the closing of $25MM in lease financing for EMS helicopters. Proceeds of the transaction were used to refinance existing leases following a change in company ownership. Steve White, EVP of Stonebriar stated "...
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October 23, 2017, 07:08 AM
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Airbus SE and Bombardier Inc. are to become partners on the C Series aircraft program. A corresponding agreement was signed on October 16, 2017. The agreement brings together Airbus’ global reach and scale with Bombardier’s newest, state-of-the-art...
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October 17, 2017, 07:04 AM
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JetLoan Capital arranged funding for four private aircraft in September:
An acquisition financing of a new Bombardier Challenger 350 with a loan amount $16 million, a 60-month term, and a 120-month amortization.
A refinance of a 2009 Gulfstream...
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October 10, 2017, 07:00 AM
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Aviation Capital Group LLC (“ACG”) announced that its parent company, Pacific Life Insurance Company, has entered into an agreement with Tokyo Century Corporation (TC), that results in an investment by TC for a 20 percent membership interest in ACG....
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September 29, 2017, 07:03 AM
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Aircraft lessors continue to consolidate and form new partnerships to improve scale and meet rising demand for air traffic, according to Fitch Ratings in its latest North American Financial Institutions Chart of the Month. In April 2017, Avolon...
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September 28, 2017, 07:05 AM
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Generally favorable industry dynamics have been supportive of aircraft leasing company credit profiles thus far in 2017 and should continue to be supportive throughout the remainder of the year and into 2018, according to Fitch Ratings. A combination...
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September 22, 2017, 07:04 AM
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Smaller aircraft lessors have increasingly sponsored global aircraft ABS during the last 18 months, while larger, established lessors have sought financing elsewhere. More participation from new, less established lessors is leading to changes in the...
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September 18, 2017, 07:08 AM
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Bombardier Commercial Aircraft released its 20-year Market Forecast for the 60- to 150-seat segment. According to this new 2017-2036 Market Forecast, the 60- to 150-seat seat segment will be a catalyst to further growth, market penetration and...
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September 14, 2017, 07:14 AM
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Stonebriar Commercial Finance's SCF Business Aviation platform is re-launching as SCF Aviation Capital with the expansion of its capabilities to include both commercial and business aviation.Stonebriar Commercial Finance ("Stonebriar") also announced...
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August 28, 2017, 07:09 AM
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Air Lease Corporation announced that a wholly-owned subsidiary of the Company entered into a joint venture with a co-investment vehicle (the “JV Partner”) arranged by Napier Park Global Capital for the purpose of investing in commercial aircraft and...
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August 04, 2017, 07:22 AM
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Acasta Enterprises announced that Stellwagen Group, Acasta’s leading commercial aviation finance advisory and asset management business, has closed its previously announced acquisition of ECN Capital’s Commercial Aviation advisory and asset...
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June 02, 2017, 07:10 AM
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Air Lease Corporation announced the long term lease placement of eight new Boeing 737 MAX 9 aircraft with Primera Air Nordic (Latvia). The aircraft are outfitted with CFM LEAP 1B engines and are scheduled to deliver from ALC’s order book with Boeing...
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May 12, 2017, 07:00 AM
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Aviation finance industry veteran Sam Harris has launched JetLoan Capital. Melanie Malanowski will head operations. The company is an independent aviation financial brokerage firm assisting aircraft owners with financing and refinancing jet...
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May 12, 2017, 06:06 AM
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CIT Group announced that it completed the sale of its commercial aircraft leasing business to Avolon Holdings Limited (Avolon), the international aircraft leasing company and wholly-owned subsidiary of Bohai Capital Holding Co. Ltd., for a purchase...
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April 05, 2017, 07:02 AM
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CIT Group announced that it completed the sale of its 30 percent ownership stake in the commercial aircraft leasing joint ventures TC-CIT Aviation Ireland and TC-CIT Aviation U.S., Inc. to its joint venture partner Tokyo Century Corporation (TC). ...
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April 04, 2017, 07:02 AM
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CIT Group announced that it has reached an agreement to sell its 30 percent ownership stake in the commercial aircraft leasing joint ventures TC-CIT Aviation Ireland and TC-CIT Aviation U.S., Inc. to its joint venture partner Tokyo Century...
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March 10, 2017, 07:00 AM
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Waypoint Leasing (Ireland) Limited announced that it has entered into a lease agreement with Shanghai Skyway General Aviation Company (“Skyway”), a provider of helicopter transportation and related support services in China, for one new Airbus H135...
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March 08, 2017, 07:00 AM
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Air Lease Corporation announced long term lease agreements with China Southern Airlines for five new Boeing 787-9 aircraft outfitted with GE’s GEnx engines, all from ALC’s order book with Boeing. Delivery of the aircraft is scheduled to begin in the...
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February 06, 2017, 07:00 AM
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Milestone Aviation Group Limited ("Milestone"), a GE Capital Aviation Services ("GECAS") company and the global leader in helicopter leasing, announced today a commitment letter with Bristow Group Inc. ("Bristow"), a leading provider of global...
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February 03, 2017, 07:17 AM
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JetLease Capital announced the company placed funding for the following loans in December 2016:New 2016 Cirrus SR22: The transaction was structured as a 20-year term, with a 20-year amortization, 80% LTV (loan to value) at an interest rate of 4.75%....
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February 02, 2017, 07:05 AM
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Aircraft leasing companies are poised for favorable industry dynamics in 2017 and should benefit from strong growth of global air traffic, according to a new report from Fitch Ratings. Moderate increases in energy prices will reduce airline...
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January 13, 2017, 07:04 AM
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Given the recent decline in oil prices, the value of new-technology aircraft has been questioned, but this is not warranted. New-technology aircraft create revenue opportunities and reduce operating costs, enabling airlines to build competitive moats...
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September 26, 2016, 07:10 AM
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CIT Group announced that CIT Aerospace, Defense & Government Finance provided a $35 million senior secured credit facility to Mesa Airlines, a provider of regional air service for American Airlines and United Airlines. Mesa Airlines is the...
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September 23, 2016, 07:10 AM
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Aircraft lessors around the world continue to benefit from increased air travel, strong airline profitability, low interest rates and generally accessible funding markets, according to Fitch Ratings' latest North American FI Chart of the Month and...
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September 20, 2016, 07:06 AM
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Reuters reported that Avolon Holdings, part of China's acquisitive HNA Group is nearing a deal to buy the aircraft leasing assets of U.S. lender CIT Group for between $3 billion and $4 billion, people familiar with the matter told Reuters.According...
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September 06, 2016, 07:15 AM
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GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, announced it signed a purchase-and-leaseback transaction with Korean Air Lines Co., Ltd. for five new Boeing 777F freighters powered by GE90 engines as part of...
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September 06, 2016, 07:00 AM
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CIT Group announced that CIT Aerospace signed a total of 39 agreements in the second quarter of 2016 for the current and future leases of commercial aircraft. CIT Aerospace also delivered 26 aircraft, including new and used aircraft and lease...
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August 23, 2016, 07:11 AM
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CIT Group announced that CIT Aerospace has delivered two Boeing 737-800 aircraft to Air Transat, a Canadian airline based in Montreal.The aircraft, MSN 29933 and MSN 29934, are powered by CFM56-7B26 engines. This aircraft delivery expands on a more...
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August 22, 2016, 07:00 AM
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CIT Group announced that it has filed an initial Form 10 Registration Statement with the U.S. Securities and Exchange Commission (“SEC”) in conjunction with the separation of its commercial aircraft leasing business. As previously stated, CIT...
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July 01, 2016, 07:07 AM
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Reuters exclusivley reported that CIT Group has kicked off the sale of its aircraft leasing assets by inviting more than a dozen entities to consider bidding, including China's HNA Group, Industrial and Commercial Bank of China's ICBC Leasing, and...
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May 31, 2016, 07:15 AM
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AerCap Holdings N.V. announced the delivery of a new Airbus A350-900 to Cathay Pacific Airways, the first of two new A350-900 aircraft deliveries on long-term lease from AerCap’s order book with Airbus. AerCap has one of the largest Airbus A350 XWB...
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May 31, 2016, 07:00 AM
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CIT Group announced that CIT Aerospace signed a total of 22 agreements in the first quarter of 2016 for the current and future leases of commercial aircraft. CIT Aerospace delivered 16 aircraft, including new and used aircraft and lease extensions of...
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May 23, 2016, 07:10 AM
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Waypoint Leasing Limited, the largest independent global helicopter leasing company, has closed a revolving credit facility led by the Specialty Finance Lending unit of KeyBank, N.A. This facility provides additional revolving capacity to increase...
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May 12, 2016, 07:00 AM
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Siena Lending Group LLC (“Siena”) announced the completion of a $15 million credit facility for Rotorcraft Leasing Company, LLC (“Rotorcraft”) to refinance their existing senior debt and to support their working capital needs. Rotorcraft is an...
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April 28, 2016, 07:00 AM
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Bombardier Business Aircraft reaffirmed its commitment to the success of the Learjet product family by announcing the creation of a dedicated, worldwide sales team with the Learjet 70 and Learjet 75 aircraft as its singular focus. To that end, Mike...
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April 22, 2016, 07:00 AM
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Stonebriar Commercial Finance closed a large multi-million transaction on a current production business jet full flight simulator and an associated business jet flight training device to achieve client objective. The client, a major corporation in...
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April 18, 2016, 07:15 AM
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Stonebriar Commercial Finance ("Stonebriar") announced it has acquired the Guggenheim Business Aircraft Investments team, led by Nicholas M. Sandler, along with 16 aircraft under long term leases with an asset value in excess of $220 million. Sandler...
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April 08, 2016, 07:18 AM
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JetLease Capital arranged and closed financing for a 1999 GIVSP business jet. The transaction was structured as a 5-year term loan facility with a 7-year amortization and 80% loan to value. The client is a high net worth individual/entrepreneur...
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February 17, 2016, 06:43 AM
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Stonebriar Commercial Finance (SCF) provided a $32.7 million, 10 month interest only loan financing for a new Bombardier Global 6000 business jet to accomplish time sensitive year-end client objective. The borrower is one of the world's leading...
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January 22, 2016, 07:10 AM
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Stonebriar Commercial Finance (SCF) provided a $9.8 million, 60 month term loan refinancing for a 15 year old Bombardier Global Express business jet utilized in long term lease charter agreements critical to the business. The borrower is a leading...
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January 18, 2016, 07:15 AM
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Bohai Leasing (“Bohai”) announced the completion of its acquisition of Avolon Holdings, the international aircraft leasing company. As a wholly-owned subsidiary of Bohai, Avolon will be combined with Bohai’s existing aircraft leasing businesses to...
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January 11, 2016, 07:04 AM
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JetLease Capital announced the company arranged and closed a financing for a 1983 Cheyenne IIXL, based in the South East Unites States. The transaction was structured as a 10-year term loan facility at a 4.50% interest rate. The client is a high...
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January 07, 2016, 06:00 AM
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JetLease Capital arranged and closed a financing for a 1989 Challenger 601-3A business jet. The transaction was structured as a 3-year term loan facility with a 7-year amortization and 70% loan to value. The client is a high net worth...
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January 05, 2016, 07:00 AM
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Air Lease Corporation announced the sale of 25 ATR aircraft in its fleet to Nordic Aviation Capital A/S (“NAC”). These ATR aircraft have served ALC well in meeting the demand from airline customers operating shorter sector lengths. As the business...
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December 28, 2015, 06:40 AM
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JetLease Capital arranged and closed a $2 million loan financing for a Cessna Citation CJ2 based in the Midwest United States. The transaction was structured as a 7 year term loan, 15 year amortization, 80% LTV. The client is a high net worth...
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October 08, 2015, 06:00 AM
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While the global airline industry is in the midst of a relative boon, industry insiders see headwinds ahead posed by a convergence of rising rates and oil prices, and changes to the competitive landscape, according to Steve Mason, Vice President of...
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October 05, 2015, 06:58 AM
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The global airline industry currently has access to an abundance of fragmented capital, but there may not be an equal abundance of market awareness to adapt to potential changes in market conditions. This fragmentation has served the industry well...
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September 29, 2015, 07:05 AM
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Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, announced that it has closed on the private placement of US$200 million of senior secured notes, representing Waypoint’s inaugural capital markets financing....
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September 08, 2015, 08:00 AM
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Avolon, the international aircraft leasing company, announced it has entered into a definitive merger agreement to be acquired by Bohai Leasing Co., Ltd. at a price of US$31 cash per common share. Under the terms of the Transaction, which has been...
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September 04, 2015, 07:41 AM
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Avolon, the international aircraft leasing company, announced that it has entered into an Exclusivity Agreement with Bohai Leasing Co., Ltd. granting Bohai exclusivity to negotiate with Avolon until September 7, 2015 (the “Exclusivity Period”) with...
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August 11, 2015, 07:50 AM
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JetLease Capital announced the company arranged and closed financing for a Hawker 900XP business jet based in the Midwest United States. The transaction was structured as a 7 year term loan, 15 year amortization, floating interest rate of Libor +...
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July 29, 2015, 06:50 AM
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Stonebriar Commercial Finance has provided $30 million in lease financing and commitments to a major provider of medical air transportation. The proceeds are being used to fund new helicopters that support the company's rapidly expanding business....
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July 20, 2015, 07:12 AM
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Avolon, the international aircraft leasing company, and Bohai Leasing Co., Ltd., the Chinese leasing and financial services company affiliated with HNA Group, announced that they have entered into an agreement under which Bohai will make a cash...
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July 14, 2015, 06:00 AM
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The cessation of new lending activities by the Export-Import Bank of the US (Ex-Im) does not have an immediate impact on aircraft leasing companies, given the broad market access they currently enjoy. However, a permanent loss of Ex-Im would...
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July 07, 2015, 06:41 AM
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Bell Helicopter, a Textron Inc. company, and Milestone Aviation Group, a GE Capital Aviation Services company announced today plans to move forward with a letter of intent (LOI) to acquire 20 Bell 525 Relentless helicopters. These aircraft will serve...
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June 16, 2015, 07:02 AM
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GE Capital Aviation Services (GECAS) announced a firm order for 60 Airbus A320neo family aircraft. All of the aircraft will be powered by CFM’s LEAP-1A engine.The agreement was jointly announced today at the Paris Air Show by GECAS President and CEO...
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June 15, 2015, 07:12 AM
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Waypoint Leasing (Ireland) Limited ("Waypoint"), announced that it has reached a lease agreement for two helicopters with Titan Helicopter Group (“Titan”), a leading provider of helicopter services with operations spanning South Africa, Namibia...
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June 11, 2015, 05:00 AM
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Bombardier Business Aircraft released its annual 10-year forecast for the private aviation market at the European Business Aviation Convention and Exhibition (EBACE) in Geneva.Current economic conditions and geopolitical issues in some markets such...
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May 19, 2015, 07:05 AM
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JetLease Capital announced it acted as advisor/consultant for a $22 million Gulfstream G550 loan. The aircraft is based in the South Western United States. The transaction was structured as a 5 year term loan and variable interest rate of 2.20%. ...
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May 13, 2015, 06:00 AM
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NewStar Financial and Lobo Leasing, a leading global helicopter leasing company, announced that they have provided a comprehensive fleet financing solution to RLC LLC, the largest privately-held helicopter services company operating in the Gulf of...
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April 29, 2015, 07:03 AM
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JetLease Capital announced it arranged and closed financing for a Challenger 300 based on the West Coast of the United States. The transaction was structured as a 5 year term loan with a fixed interest rate of 4.5%. The client is a high net worth...
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April 08, 2015, 06:00 AM
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CIT Group announced that CIT Aerospace has ordered five additional A321ceo (current engine option) aircraft. This order is in addition to its previous order for five A321-200ceo aircraft signed at the 2014 Farnborough International Airshow and firmed...
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April 03, 2015, 06:51 AM
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Century Tokyo Leasing (USA) Inc. is pleased to announce the opening of its new aircraft finance unit in Centennial, Colorado, effective April 1, 2015.From this office, CTUSA will develop its commercial aircraft finance platform for the U.S....
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March 27, 2015, 06:49 AM
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JetLease Capital arranged and closed financing for a Cessna Citation Sovereign based on the West Coast of the United States. The transaction was structured as a 7 year term loan, 12 year amortization, floating interest rate of 2.17%. The client is...
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March 26, 2015, 06:38 AM
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Amur Finance Company announced the acquisition of Singapore-based Lloyd Helicopter Pte. Ltd. (Lloyd) through Amur's subsidiaries Amur Helicopter Financial Services (Amur HFS) and Amur ESL PTE Ltd. (Amur ESL). For over 35 years, Lloyd has provided the...
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March 25, 2015, 07:02 AM
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JetLease Capital arranged and closed financing for a Bell 230 helicopter based on the West Coast of Florida. The transaction was structured as a 5 year term loan facility. The client is a high net worth individual/entrepreneur. JetLease Capital...
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March 25, 2015, 06:02 AM
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Milestone Aviation Group, a GE Capital Aviation Services company and the global leader in helicopter leasing announced today at Helicopter Association International’s Heli-Expo that the company is expanding its international presence into three new...
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March 03, 2015, 06:53 AM
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The long-awaited recovery of business jet deliveries in North America, the largest market in the world, is underway. The engine for this growth is the United States, which historically has constituted more than half of yearly new deliveries. As the U...
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February 04, 2015, 07:08 AM
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Bombardier Commercial Aircraft announced that lessor GE Capital Aviation Services ("GECAS") has signed a firm purchase agreement for five Q400 NextGen aircraft and has also taken options on an additional 10 Q400 NextGen aircraft.Based on the list...
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January 05, 2015, 06:49 AM
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CIT Group Inc. announced that CIT Aerospace has signed purchase agreements with Airbus for 15 A330-900neo (new engine option) aircraft and five A321-200ceo (current engine option) aircraft. Deliveries of the A330-900neo are scheduled to begin in 2018...
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December 04, 2014, 06:15 AM
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JetLease Capital announced the company arranged and closed a financing for a 2002 Citation Excel business jet aircraft.The transaction was structured as a 5 year term loan facility with a 144 month amortization at a 2% floating interest rate. The...
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November 07, 2014, 03:00 PM
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GE Capital Aviation Services (GECAS), the aircraft leasing unit of GE, announced the signing of an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775 billion. “The Milestone acquisition is a great fit for GE...
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October 14, 2014, 06:00 AM
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CIT Group announced that it served as Joint Lead Arranger and Administrative Agent in a $325 million senior secured credit facility to LCI Helicopters (LCIH), the helicopter leasing subsidiary of Lease Corporation International. The facility will be...
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October 02, 2014, 05:00 AM
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Tetra Financial Group announced that it has closed an aircraft lease for a large Minnesota-based aviation firm that provides aircraft chartering, maintenance, management and sales for the aircraft industry. With Tetra Financial Group's lease...
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September 30, 2014, 06:50 AM
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AINonline reports that Textron Aviation confirmed to AIN that it will terminate flight operations at its former fractional and charter/management operation, CitationAir, on October 31. According to AINonline, this move comes 2.5 years after...
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August 18, 2014, 06:00 AM
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GE Capital has released a national survey of C-suite executives at middle market companies (ranging from $10 million - less than $1 billion in sales). The survey, which is broken out by industry including those in commercial aviation, examines...
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August 01, 2014, 06:38 AM
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CIT Group announced that CIT Aerospace provided a $27 million senior secured credit facility to Virgo Investment Group LLC, a private investment management firm, to finance its acquisition of four Boeing 737-700 aircraft leased to GOL, an airline...
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July 31, 2014, 06:00 AM
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CIT Group announced that CIT Aerospace signed a total of 35 agreements in the second quarter of 2014 for the current and future leases of commercial aircraft. CIT Aerospace delivered 37 aircraft, including new and used aircraft and lease extensions...
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July 30, 2014, 06:17 AM
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CIT Group announced from the Farnborough International Air Show that CIT Aerospace has placed an order with Boeing for 10 787-9 Dreamliner aircraft. “CIT is one of the leading companies in global transportation finance and clearly recognizes the...
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July 16, 2014, 06:00 AM
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CIT Group announced from the Farnborough International Air Show that CIT Aerospace has signed memorandums of understanding with Airbus for 15 A330-900neo (new engine option) aircraft and five A321-200ceo (current engine option) aircraft. Deliveries...
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July 15, 2014, 06:00 AM
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Airbus Helicopters Inc. (AHI) announced that Government Capital Corp. will provide tax-exempt financing for mission equipment technology upgrades and required major maintenance for law enforcement and government-owned AS350-series helicopters....
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July 14, 2014, 06:07 AM
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Willis Lease Finance Corporation ("Willis") and China Aviation Supplies Import & Export Corporation Limited (“CASC”), China’s leader in aviation supplies trade, distribution and logistics, announced the launch of CASC Willis Engine Lease Company...
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July 11, 2014, 06:00 AM
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Willis Lease Finance Corporation and China Aviation Supplies Import & Export Corporation Limited ("CASC"), China's leader in aviation supplies trade, distribution and logistics, announced the launch of CASC Willis Engine Lease Company Limited ("CASC...
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June 10, 2014, 06:10 AM
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Element Financial Corporation announced that it has entered into an agreement with Cargojet Inc., (“Cargojet”) to finance three Boeing 767-300ER freighter aircraft for approximately $100 Million. The transaction will provide Canada’s leading supplier...
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June 09, 2014, 07:00 AM
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Waypoint Leasing (“Waypoint”), a leading global helicopter leasing company, announced that it has closed on a five year US$72.5 million term loan facility led by Goldman Sachs. The facility will be used to refinance certain existing helicopters...
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May 14, 2014, 06:00 AM
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Infinity Helicopter Leasing ("IHL") announced the lease of two new AgustaWestland AW109SP aircraft to Airmedic, a Canadian air medical operator headquartered in Brossard, Quebec. The AW109SP aircraft are configured as fully IFR and NVG compatible...
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May 12, 2014, 06:59 AM
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First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, has announced that they have funded a 2013 Falcon 2000S for a fortune 500 company in the amount of $27.7 Million.The customer stated that...
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April 25, 2014, 06:36 AM
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Amur JMW Aviation, LLC (AJMWA), a joint venture between Amur Finance Company, Inc. and the owners of Jet Midwest, Inc., announced that the company has completed a major fleet transaction with Avianca Airlines. The deal consists of AJMWA purchasing...
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April 15, 2014, 07:02 AM
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Prospect Capital Corporation announced today that Prospect has invested $92 million of debt and equity in Echelon Aviation LLC (“Echelon”). Prospect is the controlling shareholder of Echelon.Established in 2014, Echelon is an aircraft leasing company...
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April 08, 2014, 06:25 AM
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Amur Finance Company, Inc. (AFC) announced that the company has entered into a 50/50 joint venture between AFC and the owners of Jet Midwest, Inc., to form Amur JMW Aviation, LLC (AJMWA). As a culmination of a mutually beneficial relationship, AJMWA...
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March 19, 2014, 06:00 AM
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A maturing small twin-aisle aircraft market presents challenges and opportunities for Airbus as it considers the future of its A330 aircraft, according to Steve Mason, Vice President of Aircraft Analysis, CIT Aerospace at CIT Group. These views and...
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March 18, 2014, 06:04 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it has closed a new senior secured term loan of $1.5 billion. The loan will bear interest at LIBOR plus...
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March 07, 2014, 06:30 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced that the company has secured more than 50 lease transactions for the new Boeing 787. ILFC owns the largest order...
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February 28, 2014, 06:25 AM
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Amur Finance Company, Inc. (AFC) announced the formation of a new subsidiary, Amur Helicopter Financial Services (Amur HFS). Amur HFS will address an unfilled need in the marketplace by offering a complete suite of integrated Fleet Management...
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February 25, 2014, 07:00 AM
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Bloomberg reports that GE's aircraft leasing division may add helicopters to its portfolio of rental assets amid rising competition in the market for financing commercial jetliners. The Bloomberg report quotes Norman Liu, the unit’s chief executive...
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February 11, 2014, 07:01 AM
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Perella Weinberg Partners Asset Based Value Strategy, a leading alternative asset management strategy and a unit of Perella Weinberg Partners, and Hawke Aerospace Holdings, LLC (“HAH”), announced today that they have launched Infinity Helicopter...
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January 30, 2014, 06:08 AM
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International Lease Finance Corporation (ILFC) announced that the company completed a total of 281 lease transactions in 2013 including both extensions and new leases of aircraft from ILFC's portfolio. Furthermore, during 2013, the company ordered...
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January 23, 2014, 06:00 AM
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Willis Lease Finance reported it closed 2013 with one of the strongest months of new leasing activity in the company’s history.“We ended 2013 by purchasing six brand new engines for over $75 million and closing new lease agreements for 19 engines...
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January 21, 2014, 06:30 AM
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Lease Corporation International ("LCI"), a Libra Group company, and KKR Financial Holdings LLC ("KFN"), a specialty finance company managed by a subsidiary of KKR & Co. L.P., announced that they have entered into a definitive agreement under which...
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January 16, 2014, 06:39 AM
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Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has closed on an unsecured US$ 200 million revolving credit line. The new facility increases Milestone’s unsecured borrowing capacity to US$ 450 million and...
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January 10, 2014, 06:10 AM
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Textron announced that it has reached agreement to purchase all outstanding equity interests in Beech Holdings, LLC, the parent of Beechcraft Corporation, for approximately $1.4 billion in cash. Beechcraft Corporation, with estimated 2013 revenues of...
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December 27, 2013, 07:09 AM
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Bloomberg reports AIG is now in talks to sell its jet-leasing business, International Lease Finance Corp., to AerCap Holdings NV, people with knowledge of the matter said. AerCap, based in Schiphol, Netherlands, has a market value of $2.56 billion....
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December 13, 2013, 07:00 AM
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According to a Research and Markets report, "Global Aircraft Financing Market 2012-2016", analysts forecast the Global Aircraft Financing market to grow at a CAGR of 7.27 percent over the period 2012-2016. One of the key factors contributing to this...
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December 02, 2013, 06:13 AM
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According to Fitch Ratings, recent decisions by large aircraft-leasing companies to write down the value of certain older, uncompetitive aircraft fleet types in response to shifting global supply-and-demand fundamentals highlight asset quality risks...
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November 14, 2013, 06:16 AM
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AeroTurbine Inc., a wholly owned subsidiary of International Lease Finance Corporation (ILFC), announced today its intention to enter into a new partnership with Lufthansa Technik AG, the world's largest provider of aircraft-related technical...
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October 28, 2013, 07:01 AM
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Element Financial Corporation (“Element” or the “Company”) announced that the company’s aviation finance business unit, acting as lessor, lender or lead arranger, has successfully leased or financed more than 100 aircraft since the inception of this...
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October 01, 2013, 06:59 AM
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Fifth Street Finance Corp. ( (the "Company" or "Fifth Street") announced the formation of a new portfolio company in the aircraft leasing sector, First Star Aviation LLC ("First Star"). Pradeep Hathiramani, former Principal and Sector Head of...
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August 15, 2013, 07:02 AM
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Milestone Aviation Group, the global leader in helicopter leasing, announced that it has closed a new US$300 million credit facility. The company will use the proceeds to acquire and lease helicopters valued at US$400 million to affiliates of Bristow...
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July 29, 2013, 06:59 AM
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Macquarie Group ("Macquarie") announced the launch of Macquarie Rotorcraft Leasing, a helicopter operating leasing business that will focus on the growing, worldwide demand for commercial helicopters servicing offshore oil and gas, medical transport...
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July 16, 2013, 07:00 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced that it has completed 125 lease transactions during the January through June timeframe of 2013. These transactions include...
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July 09, 2013, 07:00 AM
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CIT Group Inc. announced that CIT Transportation Lending provided financing to Dublin-based Lease Corporation International (LCI) to acquire three AgustaWestland 139 helicopters. The aircraft are in offshore oil and gas configuration and are on lease...
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July 02, 2013, 06:21 AM
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Bombardier Aerospace released its annual 20-year forecast for the business and commercial aircraft market numbers.As the business and commercial aircraft markets continue to recover from the industry downturn, signs of forward momentum are beginning...
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June 17, 2013, 07:05 AM
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Reuters reported International Lease Finance Corp is set to place an order for 50 Airbus A320neo narrowbody jets worth $5 billion at list prices, industry sources said on Sunday. The order could be announced as early as Monday at the Paris Airshow...
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June 17, 2013, 06:57 AM
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IronPlanet announced it has entered into an alliance with the Aircraft Owners and Pilots Association (AOPA) for the creation of a marketplace for aircraft. “For the past 13 years, our innovative technology has made equipment buying and selling more...
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June 13, 2013, 06:57 AM
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Salus Capital Partners, LLC announced it has provided a $45.5 million Senior-Secured Credit Facility to Rotorcraft Leasing Company, LLC. Rotorcraft, a portfolio company of Sankaty Advisors, LLC, is the largest privately-owned helicopter operator in...
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May 15, 2013, 06:00 AM
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AINOnline reported worldwide business jet deliveries rose by 4%, to 129 units, in the first quarter, while pressurized turboprops saw an increase of nearly 53% year-over-year according to statistics released GAMA. According ot the report, billings...
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May 10, 2013, 07:00 AM
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Air Lease Corporation announced the closing of a 4 year unsecured revolving bank credit facility for $1.7 billion priced at LIBOR +1.45%, with no LIBOR floor. This new facility amends and updates the existing bank facility, by increasing the size...
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May 08, 2013, 06:45 AM
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Key Equipment Finance announced that Patti Ann Sullivan, vice president of corporate aviation finance for Key Equipment Finance, has been named to the board of directors of the Massachusetts Business Aviation Association (MBAA). The MBAA is a not-for...
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May 07, 2013, 07:00 AM
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CIT Aerospace announced that it delivered nine aircraft and signed 28 lease agreements in the first quarter of 2013. The deliveries include new and used aircraft, as well as lease extensions of its existing fleet, while the lease agreements include...
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April 30, 2013, 06:54 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. announced it has completed a total of 60 lease transactions during the first quarter of 2013. These transactions include extensions, new...
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April 26, 2013, 07:05 AM
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An ongoing dispute among major aircraft leasing companies, local Indian authorities, and Kingfisher Airlines, which has been grounded since late last year, provides some critical insights into risk factors for lessors seeking to safeguard interests...
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April 24, 2013, 06:02 AM
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AIN Online reported the number of pre-owned business jets for sale has remianed around the 2,500 level over the past several years since climbing from about 1,600 before 2008, according to business aviation market information firm JetNet. Accordng...
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March 28, 2013, 06:56 AM
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International Lease Finance Corporation (ILFC) announced the successful removal of its A321 aircraft from India following Delhi’s High Court decision on March 15, 2013.This first aircraft's departure demonstrates the High Court's pragmatic approach...
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March 26, 2013, 07:03 AM
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International Lease Finance Corporation (ILFC), has been announced the winner of the ‘Aviation 100’ Lessor of the Year Award 2013 by Airline Economics. ILFC Chief Finance Officer Elias Habayeb was also named the 2013 CFO of the Year by the...
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March 11, 2013, 06:55 AM
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Willis Lease Finance Corporation, a leading lessor of commercial jet engines, announced that it has entered into a transaction to purchase and leaseback a total of 19 jet engines with SAS Group subsidiary Scandinavian Airlines (SAS). Willis Lease...
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March 05, 2013, 07:00 AM
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In 2012 BNP Paribas confirmed its leading position in Aviation Finance and remained strongly committed to the global industry. During 2012, BNP Paribas acted as Arranger, Underwriter or Bookrunner of some 35 aircraft finance related facilities on...
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February 25, 2013, 07:15 AM
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The General Aviation Manufacturers Association (GAMA) released the 2012 year-end shipments of general aviation airplanes. GAMA also expanded the data to include delivery data for helicopter manufacturers. Most general aviation aircraft flying in the...
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February 14, 2013, 07:10 AM
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CIT Group Inc. announced that in 2012, CIT Aerospace, a global leader in transportation finance, delivered 56 aircraft to its airline customers around the world. These deliveries include new and used aircraft and lease extensions of the existing...
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February 12, 2013, 07:21 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced today it will continue to focus on strengthening the company’s operations throughout 2013.“This past year marked a critical...
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January 22, 2013, 07:00 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced that it secured 242 lease transactions in 2012. These lease transactions include both extensions and new leases for aircraft...
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January 21, 2013, 07:10 AM
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Avolon, the international aircraft leasing business, announced its intention to partner with Wells Fargo & Company (“Wells Fargo”), to form a new joint-venture aircraft leasing business called Avolon Capital Partners Limited ("ACP" or the "Business")...
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January 17, 2013, 07:00 AM
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AINonline reported that JPMorgan North America Equity Research is forecasting a 5% increase in business jet deliveries in 2013. According to the report, JP Morgan predicts that 627 business jets will be shipped during 2013, compared with an...
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January 16, 2013, 06:23 AM
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CIT Group announced that CIT Aerospace has placed an order with Airbus for 10 A350 XWB aircraft. Deliveries are scheduled to begin in 2019. “This order for Airbus A350 XWBs will further expand our portfolio of medium-to-long haul aircraft,” said C....
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January 04, 2013, 07:25 AM
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AINonline reported that according to the December Aerospace and Defense Business Jet Monthly report from J.P.Morgan, the business jet market in 2013 isn’t going to be a lot better than in the previous four years. However, the report also notes...
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December 27, 2012, 07:00 AM
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AINonline reported that business jet deliveries remain relatively virtually flat, according to third-quarter industry numbers released by the General Aviation Manufacturers Association. According to the report, during the first nine months of 2012...
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November 09, 2012, 06:17 AM
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American International Group reported net income attributable to AIG of $1.9 billion and after-tax operating income of $1.6 billion for the quarter ended September 30, 2012, compared to a net loss attributable to AIG of $4.0 billion and an after-tax...
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November 05, 2012, 07:10 AM
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Willis Lease Finance Corporation reported that its wholly owned subsidiary Willis Engine Securitization Trust II (WEST II), a newly established asset backed securities (ABS) issuer, completed the sale of $390 million of senior secured notes on...
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September 24, 2012, 06:25 AM
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AINonline reported that the business aviation recovery might truly be under way, according to the first-half 2012 aircraft delivery report from the General Aviation Manufacturers Association (GAMA).According to the report, during the first six months...
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August 13, 2012, 06:11 AM
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According to Fitch Ratings, long-term credit fundamentals in the aircraft leasing industry are being supported by a number of factors, including growth in global air travel demand, capital constraints among the world's airlines, and the aircraft...
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July 13, 2012, 06:48 AM
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CIT Group Inc., announced from the Farnborough International Air Show (Air Show) that CIT Aerospace has placed orders with Airbus for 10 A330 aircraft in 2012. Five A330 aircraft were ordered earlier this year in conjunction with the cancellation of...
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July 11, 2012, 06:30 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced it completed a total of 130 lease transactions and took delivery of 14 new Boeing 737-800s during the January through June...
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July 10, 2012, 06:35 AM
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Boeing and Air Lease Corporation announced a firm order for 60 737 MAX 8 and 15 737 MAX 9 airplanes, with reconfirmation rights for 25 additional 737 MAXs. The order, with a list-price value of $7.2 billion, represents the first 737 MAX order by a...
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July 09, 2012, 06:35 AM
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AINonline reported the global business aviation industry is anticipating a modest increase in flight utilization, according to statistics released last week by JetNet. According to the report, JetNet foresees nearly 5% growth in flight hours...
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June 19, 2012, 07:15 AM
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Bloomberg reported Boeing may win the first order by a lessor for its 737 MAX jet as Steven Udvar- Hazy’s Air Lease Corp. is studying a deal to buy 60 to 100 of the jets. According to the Bloomberg report, Air Lease signed a firm order this month for...
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June 13, 2012, 07:00 AM
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AINonline reported that the U.S. International Trade Commission (USITC) has issued a report stating, “The U.S. business jet manufacturing industry is facing new challenges as it competes in a market environment characterized by tightened credit...
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June 05, 2012, 07:30 AM
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AINonline reported that according to the Teal Group’s recently issued business aviation forecast, 13,879 aircraft worth $310.3 billion will be delivered over the next 10 years. According to the report, Teal’s forecast calls for 6% and 8% growth in...
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May 31, 2012, 07:30 AM
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The General Aviation Manufacturers Association (GAMA) released the industry’s shipment and billings figures for the first quarter. In the first three months of 2012, total worldwide general aviation (GA) airplane shipments fell 2.1%, from 377 units...
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May 14, 2012, 06:30 AM
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Chicago Tribune reported profits of Willis Lease Finance dropped 41.4% year-to-year in the first quarter resulting from fewer leased aircraft, engines and parts. According to the report, Willis recorded a profit of $2.5 million in the first quarter...
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May 09, 2012, 07:00 AM
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AIN Online reported that pre-owned business jet and turboprop inventories continued to subside in February, according to data released today by market information firm JetNet. According to the report, inventory of used business jets fell to 13.9% in...
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April 10, 2012, 07:30 AM
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NASDAQ reported that CIT Group bought a $200 million aircraft loan portfolio from an undisclosed European bank according to the company. The report indicates the portfolio consists of seven aviation lending facilities to several U.S. airlines and is...
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April 05, 2012, 06:30 AM
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Fitch Ratings notes that an uptick in unsecured bond issuance by aircraft lessors could signal that the capital markets are once again becoming a viable financing alternative for the sector. Aircraft leasing companies, including International Lease...
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March 29, 2012, 07:30 AM
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The emerging markets that offer the greatest growth potential for the commercial aviation industry include China, the Philippines, Malaysia, Indonesia, and Latin America, according to Jeff Knittel, President of Transportation Finance at CIT Group Inc...
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March 12, 2012, 08:00 AM
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MarketWatch reported that International Lease Finance Corp. said it could face additional writedowns on its aircraft fleet after revealing the results of stress tests on a portfolio that has already suffered more than $3 billion incharges over the...
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March 09, 2012, 07:30 AM
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Bombardier Aerospace and AVIC International Leasing Co., Ltd. (AVIC Leasing) of the People's Republic of China today announced a memorandum of understanding (MOU) for an expanded co-operation to support the financing of commercial aircraft sales in...
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February 09, 2012, 06:30 AM
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According to the Chicago Tribune, AMR Corp received court permission Friday to walk away from nine aircraft leases, raising to 33 the total number of planes rejected by the bankrupt parent of American Airlines. According to the report originally...
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January 30, 2012, 07:00 AM
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Bloomberg Businessweek reported Royal Bank of Scotland Group Plc is selling its aviation leasing unit to Sumitomo Mitsui Financial Group Inc. for about $7.3 billion, the biggest disposal by the state-owned lender since its U.K. government bailout in...
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January 17, 2012, 07:30 AM
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Bloomberg reported Royal Bank of Scotland Group Plc favors selling its aircraft-leasing division to Sumitomo Mitsui Financial Group Inc., a person with knowledge of the matter said.According to the report, Sumitomo Mitsui, and rival bidder China...
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January 13, 2012, 07:30 AM
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Bloomberg Businessweek reported AMR Corp.’s American Airlines has filed notice with a bankruptcy court that it plans to retain 85 Boeing Co. aircraft, including 40 Boeing 737-800s.According to the article, under bankruptcy court rules, the Fort Worth...
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January 13, 2012, 06:00 AM
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Reuters reported that AMR Corp, the bankrupt parent of American Airlines, is working feverishly to renegotiate aircraft leases; a move that could result in hundreds of millions of dollars of savings for the bankrupt airline which filed for Chapter 11...
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January 11, 2012, 08:00 AM
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According to various reports, Wells Fargo, China Development Bank and the Sumitomo Mitsui Financial Group of Japan remain as the final bidders in a race to acquire RBS Aviation Capital.The aircraft unit is expected to sell for up to $7.5 billion. A...
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January 10, 2012, 06:30 AM
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GE Capital Aviation Services (GECAS), and ATR announced an order for two additional ATR 72-600 turboprop aircraft, and two options.
This is a follow-on to GECAS’ first-ever ATR order placed in June at the Paris Air Show and brings the total number...
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December 29, 2011, 07:30 AM
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Bombardier Aerospace announced today the appointment of Stephen Young to the position of Vice President, Sales, Aircraft Leasing Companies, Bombardier Commercial Aircraft, reporting to Rod Sheridan, Vice President, Customer Finance, Bombardier...
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December 09, 2011, 07:00 AM
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Bloomberg reported a consortium led by Macquarie Group Ltd., is no longer bidding for Royal Bank of Scotland Group Plc’s aircraft leasing division after its offer was deemed too low, citing two people familiar with the talks said.According to the...
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December 09, 2011, 06:00 AM
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The Workshop Speakers are Mark Atwood (Member, Cozen O’Connor), Jamie Baldwin (Lecturer, Author and Consultant on Air Transportation, Adjunct Instructor, Embry-Riddle Aeronautical University), Darrel M. Seife (Vice President, Senior Counsel, RVI...
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November 29, 2011, 06:00 AM
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Reuters reported that according to two sources, Royal Bank of Scotland is examining a final set of bids for its RBS Aviation Capital aircraft leasing business and hopes to select a preferred bidder early next year.According to Reuters’ sources, a...
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November 28, 2011, 07:30 AM
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The commercial aviation industry is generally improving as demand for newer, fuel efficient, technologically advanced aircraft will continue to be a key driver of airline growth, says C. Jeffrey Knittel, President of Transportation Finance, CIT Group...
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November 17, 2011, 05:00 AM
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