Equipment Sector

Global Construction Equipment Finance Market to Grow at 9.9% CAGR

According to new data from Research and Markets, the global construction equipment finance market to grow at a CAGR of 9.9% during the period 2016-2020. read more

Material Handling Equipment Market worth $44.68 Billion by 2022

According to new market research report published by MarketsandMarkets, the automated material handling equipment market is estimated to reach $44.68 billion by 2022, at a CAGR of 7.9% between 2016 and 2022. read more

CIT Aerospace Q1: Signs 22 Lease Agreements, Delivers 16 Aircraft

CIT announced its CIT Aerospace aircraft finance unit signed a total of 22 agreements in Q1/16 and delivered 16 aircraft to airline customers around the world. read more

WSJ: Deere Tightens Terms As Customers Vie for Leasing

According to the Wall Street Journal, Deere & Co. will tighten conditions for its equipment leases as farming customers continue to show a preference for leasing machinery due to a decline in farming. read more

Daimler: Unit Truck Sales to be ‘Significantly Lower’ in 2016

Daimler Trucks said the world’s major truck markets are in a period of sustained contraction and expects unit sales to be “significantly lower” in 2016 than in 2015. read more

BNP Paribas Arranges Financing for Finnair A350 Aircraft

Finnair secured financing, arranged by BNP Paribas, for its fifth Airbus A350-900 XWB, which was delivered on April 29, 2016. read more

Caterpillar U.S. Retail Statistics Down 11% in April

Caterpillar released its April retail statistics, which showed an 11% drop in North America during the last three months compared to the same period in 2015. read more

BOC Aviation Considers Partnering with IPO Investors for Securitization

Reuters reported that aircraft leasing company BOC Aviation is looking to partner with the cornerstone investors in its $1.1 billion public share offer in potential aircraft securitization deals and joint ventures. read more

ACT: April Commercial Vehicle Demand Remains Same: Healthy MD, Weak HD

According to the latest results from ACT Research, class 8 orders in April dropped 16% month-over-month and 39% year-over-year, to a total of 13,676 units. read more

Air Lease Places Two New Boeing 787-9s With Oman Air

Air Lease announced the placement of two new Boeing 787-9s on long-term lease to Oman Air. read more

ACT: U.S. Trailer Preliminary Net Orders for April 2016

In its first preliminary estimate of U.S. net total trailer orders for the previous month, ACT estimated 17,200 units in April, which would be a 15% increase from March and a 5% dip below April of 2015. read more

LCI Helicopters Delivers First AW139 to Westpac

Lease Corporation International, the aviation leasing arm of the Libra Group, delivered the first new AW139 helicopter to Westpac Rescue Helicopter Service based in Australia. read more

Baker Hughes: Average April U.S. Rig Count Down 55% Year/Year

Baker Hughes announced the average U.S. rig count for April 2016 was 437, down 55.2% from the 976 counted in April 2015. The worldwide rig count for April of 1,424 was down 37.2% from the 2,268 counted a year earlier. read more

GECAS Launches First 737-800NG Passenger-to-Freighter Conversion

GECAS is underway with its inaugural 737-800NG passenger-to-freighter conversion with Miami-based Aeronautical Engineers. read more

ACT: Class 8 Capacity Continues Higher than Demand

The supply of Class 8 trucks continues to rise faster than demand for trucks, according to the most recent ACT For-Hire Trucking Index from ACT Research. read more

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