Equipment Sector

Report: Global Business Jet Demand Improves

According to a new report from ReportBuyer, the global demand for business jets, which was nearly halved during the financial crisis, has improved and large players are launching new models. read more

ACT Research: New Study Analyzes Commercial Vehicle Engine Market

ACT Research and Rhein Associates announced the inaugural publication of a new cooperative venture, the N.A. On-highway CV Engine Outlook report. read more

ACT Research: May Net Trailer Orders Down 12% Y/Y

According to preliminary data from ACT Research, U.S. net trailer orders in May were 14,250 units, marking a 16% decline month-over-month and a 12% dip year-over-year. read more

JetLease Capital Closes Four Aircraft Totaling $15MM

In the month of May, JetLease Capital arranged and closed four aircraft financing transactions totaling just over $15 million. read more

ACT Research: Class 8 Demand Rose Faster than Supply in May

For the first time this year, the demand for Class 8 trucks rose faster than the supply, according to the most recent ACT For-Hire Trucking Index from ACT Research. read more

Air Lease Delivers First Boeing 787 Dreamliner

Air Lease delivered its first Boeing 787 in Everett, WA. The aircraft, a Boeing 787-9 on long term lease to Hainan Airlines, is the first of two new Boeing 787-9 deliveries from ALC’s order book with Boeing. read more

GECAS Delivers Four New Leased Boeing 737-800s to Hainan Airlines

GE Capital Aviation Services delivered four new leased Boeing 737-800 aircraft, powered by CFM56 engines, to Hainan Airlines to expand the carrier’s fleet. read more

ACT: China Commercial Vehicle Demand Up Y/Y, Down Q/Q

Demand for China’s heavy and medium trucks and tractors was mixed in Q1/16, according to a new report jointly published by ACT Research and China’s State Information Center. read more

U.S. Cutting Tool April YTD Consumption Down 10.3%

According to the U.S. Cutting Tool Institute and AMT, April year-to-date cutting tool consumption totaled $689.8 million, down 10.3% when compared to the same period in 2015. read more

Navistar Q2 Results Reflect ‘Softer’ Market Conditions

Navistar International said its Q2/16 decline in revenues reflects lower volumes in the company’s core U.S. and Canadian markets due to softer industry conditions. The company reduced its Class 8 market projections to 220,000 to 250,000 units. read more

Noble Iron, Volvo Ink Asset Sharing Partnership

Noble Iron entered into an asset sharing partnership with Volvo Construction Equipment. Some Volvo-owned assets will go into Noble Iron's equipment rental pool and the two companies will share rental revenue. read more

GoAir Takes Delivery of A320neo Aircraft

GoAir has taken delivery of its first A320neo aircraft. The A320neo, powered by Pratt and Whitney engines, is the first of 72 A320neo on order and joins GoAir’s existing fleet of 19 A320 aircraft. read more

Air Lease Sells 25 Embraer Aircraft to Nordic Aviation Capital

Air Lease announced an agreement to sell 25 of its Embraer E190 and E175 aircraft to Nordic Aviation Capital. read more

Ritchie Bros. to Hold Maryland Auction, Feature 2,800 Items

Ritchie Bros. will hold an unreserved public auction in North East, MD on June 14. The auction will feature more than 2,800 items. read more

Bombardier Predicts $250B Worth of Business Jet Deliveries in Next Decade

In its annual forecast, Bombardier Business Aircraft predicts there will be up 8,300 new business jet deliveries representing approximately $250 billion in industry revenues from 2016 to 2025. read more

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Terry Mulreany
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