Equipment Sector

Ritchie Sells $46MM+ of Equipment in Largest Denver Auction Ever

Ritchie Bros’ record breaking first Denver auction of the year sold over $46 million and set new records for number of sellers, items, bidders and total sales read more

Burnham Sterling Closes Aircraft Private Placement with Avianca

Burnham Sterling acted as lead arranger and sole book runner in a privately placed transaction for Avianca for eight aircraft including six Airbus A320 family and two Boeing 787 aircraft. read more

Caterpillar Retail Machinery Sales Off 21% Worldwide

Caterpillar reported a 21% drop in total worldwide machinery retail sales for the rolling three-month period ending in February 2016. read more

ACT: Class 8 Demand Remains Soft; Class 5-7 Highest Since 12/14

According to the latest State of the Industry report released by ACT Research, Class 8 net orders were down 42% year over year, while Class 5-7 orders were the highest since December 2014. read more

Navig8 Product Tankers Enters Into Sale/Leaseback with CMB Financial

International shipping company Navig8 Product Tankers entered into a sale and leaseback agreement with CMB Financial Leasing for two tankers. The net proceeds of the deal will be $76.9 million. read more

HondaJet Receives Certification in Mexico

The HondaJet received type certification from the Civil Aviation Safety Authority of Mexico, the Dirección General de Aeronáutica Civil. read more

Chinese Construction Equipment Maker Ups Offer to Buy Terex

The Wall Street Journal reported that Chinese state-run construction equipment producer Zoomlion increased its offer to buy Terex to $31 a share or $3.37 billion. read more


Terra Firma Rejects Chinese Bids for Jet Leasing Group

According to a recent Reuters report, private equity firm Terra Firma rejected two bids from a Chinese company for leasing group AWAS worth up to $2.2 billion. read more

Hawthorne Cat Offers Lower Rates Through Cat Financial

Hawthorne Cat announced a special financing offer in which customers will receive 0.9% for 60 months when financing through Cat Financial. read more

February Commercial Truck Auction Volume Bounces Back

According to commercial truck analysts at NADA Used Guide, a division of J.D. Power and Associates, commercial truck auction volume returned to typical activity levels in February, while pricing remained stable. read more

Indian Airline Takes Delivery of First A320neo

IndiGo, one of India’s largest airlines took delivery of its first A320neo. The delivery makes IndiGo the first A320neo operator in India and in Asia. read more

January U.S. Cutting Tool YTD Consumption down 16.7%

January U.S. cutting tool consumption totaled $153.14 million according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology. read more

Ritchie Bros. Moves $57MM of Equipment at Fort Worth Auction

During an auction in Fort Worth, TX last week, Ritchie Bros. sold more than $57 million of equipment, including $27 million to online bidders. More than 5,000 people registered to bid on nearly 6,000 items. read more

Waypoint Leasing Signs Purchase, Leaseback Agreement with DRF Luftrettung

Waypoint Leasing closed a multi-aircraft agreement with DRF Luftrettung, a non-profit air rescue services in Germany, for the purchase and leaseback of two Airbus H135P2 helicopters. read more

GECAS Services Delivers Three Airbus A320s to New Customer

GE Capital Aviation Services delivered three new leased Airbus A320 aircraft to new customer Qingdao Airlines. read more

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