Equipment Sector

YTD Business Jet Shipments Fall Below 300 Units

The General Aviation Manufacturers Association reported 292 business jets were shipped in the first half of 2016, a 4.3% dip from the 305 units shipped during the same period last year. read more

GECAS Delivers First of Six Leased Boeing 777-300ERs to EVA Air

GE Capital Aviation Services delivered the first of six leased Boeing 777-300ER aircraft to EVA Air as part of the airline’s fleet renewal program. read more

ALAFCO Acquires Nine-Aircraft Portfolio from GECAS

Aviation Lease and Finance completed the acquisition of a nine-aircraft portfolio from GE Capital Aviation Services. read more

Air Lease Announces Lease Placement of Two Boeing 737-800s with SpiceJet

Air Lease places two Boeing 737-800 NG aircraft on long-term lease to SpiceJet (India), delivering in July and August 2016. read more

GECAS Provides $280MM Senior Debt Financing with Aerolíneas Argentinas

GE Capital Aviation Services (GECAS) announced a $280 million, 10.5-year term, senior debt agreement with Aerolíneas Argentinas. read more

ACT: July CV Medium Duty Demand On Trend; Class 8 Continues to Soften

According to preliminary data from ACT Research, for the month of July, 25,000 new Classes 5-8 vehicle orders were booked. Of those, Class 8 garnered 10,500 orders and for Classes 5-7, 14,500 orders were placed. read more

U.S. Cutting Tool YTD Consumption Down 9.1% in May

According to the Association for Manufacturing Technology and the U.S. Cutting Tool Institute, U.S. cutting tool consumption totaled $165.68 million in May, down 4.6% from April’s $173.64 million. read more

Fleet Advantage Lifecycle Index Illustrates Savings of Replacement    

The TLDI showed that fleets realize higher cost savings by replacing older-model units with 2017 models, and reflected a 9% increase in operating cost savings compared to Q1/16 resulting in a slight uptick in diesel fuel costs.  read more

ACT: June Used Class 8 Truck Volumes Up M/M, Down Y/Y and YTD

Used Class 8 truck same dealer sales volumes swung upward in June, posting a double-digit month-over-month increase, following a sharp decline in May, according to the latest report from ACT Research. read more

Textron Aviation Debuts Cessna Denali Single Engine Turboprop at Oshkosh

Textron Aviation, a Textron company, unveiled the Cessna Denali during the Experimental Aircraft Association (EAA) AirVenture in Oshkosh, WI. read more

ACT Research: U.S. Trailer Orders in June Down M/M and Y/Y

Trailer net orders fell 7% month over month, and contracted a staggering 52% year-over-year, according to the most recent report published by ACT Research. read more

Ritchie Bros. Sells $59MM Worth of Equipment in Fort Worth Auction

Ritchie Bros. conducted its seventh Texas auction of the year, selling more than 4,600 equipment items and trucks for approximately $59 million over two days in Fort Worth, TX. read more

June Trailer Orders Nearly Half of June 2015 Volumes

ACT Research’s preliminary estimate for U.S. net trailer orders in June is 13,450 units, an 8% drop on a sequential volume basis and nearly half of the volume from June of 2015. read more

ATA Truck Tonnage Index Fell 1.5% in June

The American Trucking Associations’ advanced seasonally adjusted truck tonnage index decreased 1.5% in June, following a revised 2.9% gain in May. read more

Higher Fuel Prices, Weak Demand Lead to Rise in Truck Company Failures

According to a Wall Street Journal report, citing information from Avondale Partners, 120 trucking companies with an average fleet size of 17 tractor-trailer units ceased operations in Q2/16. read more

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