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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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 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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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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Jackson Square Aviation announced Osamu (Sam) Muramoto will become the next Chairman of the aircraft-leasing company, effective June 1.Muramoto succeeds Naoki Sato, Managing Executive Officer of Mitsubishi UFJ Lease & Finance Co. Ltd. (MUL), who has...
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April 08, 2019, 07:10 AM
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Aviation Capital Group LLC (ACG), an aircraft operating lessor, announced it has received an additional $200 million investment from its minority shareholder, Tokyo Century Corporation.Tokyo Century has held an investment in ACG since December 2017....
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March 05, 2019, 07:20 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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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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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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Aircraft lessor Fly Leasing Limited announced it has appointed Julie Ruehl as its Chief Financial Officer, succeeding Gary Dales, who served as FLY's CFO for ten years."After a thorough and thoughtful search process, we are thrilled to welcome Julie...
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August 11, 2017, 07:06 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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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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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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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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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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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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