Equipment Sector

Boeing Business Jets Announces Orders for Two BBJ MAX 8 Aircraft

Boeing Business Jets announced the sale of two BBJ MAX 8 airplanes. The orders were placed by two separate undisclosed customers, one based in North America and the other in Asia. read more

ACT: Retail Sales of NG-Fueled HD Trucks Up M/M, Down Y/Y

U.S. and Canadian natural gas Class 8 truck retail sales improved in May after getting off to a slow start earlier in the year, according to a recent report from ACT Research. read more

Airbus Bests Boeing at Farnborough Airshow

During the Farnborough Air Show, Airbus won $35 billion worth of business for 279 aircraft. Boeing announced orders and commitments during the week of 182 aircraft valued at $26.8 billion. read more

Class 8 Demand Rises Faster than Supply for Second Consecutive Month

According to the most recent ACT For-Hire Trucking Index from Act Research, for the second time this year and only the fourth time in 19 months the demand for Class 8 trucks rose faster than the supply. read more

China Aircraft Leasing to Acquire 60 ARJ21-700 Series Aircraft

China Aircraft Leasing entered into a framework agreement to acquire 60 ARJ21-700 series jets, with a value of $2.3 billion at list prices, from Commercial Aircraft Corporation of China. read more

Boeing, Air Lease Announce $660MM Order for Six 737 MAXs

Boeing and Air Lease announced an order for six 737 MAX 8s valued at $660 million at current list prices. read more

Air Lease Places Four New Airbus A350s with Virgin Atlantic

Air Lease announced long-term lease agreements for four new Airbus A350-1000 aircraft with Virgin Atlantic Airways. read more

May YTD Machine Tool Orders Down 16.7%

According to the latest U.S. Manufacturing Technology Orders report, machine tool orders through the first five months of 2016 were valued at $1.51 million, down 16.7% from $1.82 million for the same year-ago period. read more

Greenbrier Q3/16 Earnings Off on Impact of Energy Sector

Greenbrier reported fiscal Q3/16 earnings were down and noted the North American energy sector is contending with a surplus of railcars. The company noted equipment on operating leases was down about 10% year/year. read more

ATA: Q1 Driver Turnover Drops 13% at Large Fleets

According to the American Trucking Associations, truck driver turnover at large truckload fleets fell 13 points in the first quarter to 89% — the lowest it has been since Q2/15. read more

Avolon to Acquire 45 Aircraft from GECAS

Avolon, an international aircraft leasing company, will acquire a portfolio of 45 aircraft from GECAS. The aircraft are scheduled to be delivered in the second half of 2016. read more

June Commercial Vehicle Demand Slows to Lowest Total in Four Years

According to preliminary numbers from ACT Research, June’s medium duty and heavy duty net order total volume was the lowest monthly order total since July 2012. read more

CIT Aerospace Delivers Two Boeing 737-800s to Enter Air

CIT Aerospace delivered two Boeing 737-800s to Enter Air, a Polish charter airline. read more

Material Handling Market to Grow 10.57% by 2020

A new report from Research and Markets forecasts the global handling and lifting equipment market will grow at a CAGR of 10.57% during the period 2016 to 2020. read more

CIT Aerospace Delivers One Airbus A321-211 to Air Canada

CIT Aerospace delivered a new Airbus A321-211 to Air Canada. The aircraft will be operated by Air Canada rouge, Air Canada’s leisure airline. read more

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