Equipment Sector

Air Lease Signs Agreement for Two Boeings with Siam Air Transport

Air Lease entered into lease agreements with Siam Air Transport (Thailand) for two used Boeing 737-800 aircraft. The aircraft will be delivered in the fourth quarter of 2015. read more

GECAS Signs Purchase-and-Leaseback Deal With Frontier Airlines

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, signed a purchase-and-leaseback agreement with Frontier Airlines for nine new Airbus A321 aircraft. read more

FLY Leasing Sells 12 Older Aircraft for $240MM

FLY Leasing contracted to sell 12 older aircraft from its portfolio for $240 million. The sale is anticipated to produce a $12 million pre-tax gain. read more

ACT: Class 8 Orders Slip at ‘Eyebrow-Raising’ Levels

According to ACT Research, there were 20,200 net new orders of Class 8 trucks in August, a month that featured “several eyebrow-raising data points. read more

Lower Fuel Prices Hurt Bombardier CSeries Sales

According to Bloomberg, lower fuel prices have led a resurgence in buying used Airbus and Boeing aircraft, dampening the performance of Bombardier $5.4 billion CSeries program. read more

Ritchie Bros To Hold Auctions in Utah on September 29 & 30

Ritchie Bros. will conduct back-to-back unreserved public equipment auctions in Utah on September 29 and 30. read more

Volvo NA Truck Deliveries Increase 13% Y/Y

Volvo truck deliveries in North America increased by 13% in August compared to July and 17% year-over-year. In total, Volvo experienced a 3% increase in global truck deliveries. read more

GECAS Delivers 2 Boeing 777-300ERs to ANA Holdings

Capital Aviation Services delivered two leased Boeing 777-300ER aircraft to ANA Holdings for operation by its group airline, All Nippon Airways. read more

AMT: July Manufacturing Technology Orders Down 11.1% Y/Y

According to the Association for Manufacturing Technology, U.S. manufacturing technology orders in July totaled $318.33 million, down 11.8% from the $361.03 million recorded in June and down 11.1% compared to the total of $358.11 million reported in July 2014. read more

Air Lease Delivers Boeing 737-800 to China Airlines

Air Lease delivered one new Boeing 737-800NG to China Airlines in Taiwan, the first of three new Boeing 737-800 aircraft deliveries. read more

Worldwide Rig Counts Down 39% Y/Y

According to Baker Hughes, the average U.S. rig count for August was 883, up 17 from the 866 counted in July, and down 1,021 from the 1,904 counted in August of 2014. The worldwide rig count for August was down 39% year-over-year. read more

U.S. Cutting Tool Y/Y Consumption Down 5.6% in July

The U.S. Cutting Tool Institute and the Association for Manufacturing Technology reported July cutting tool consumption totaled $177.5 million in July, down 6% from June’s total and down 5.6% from July 2014. read more

Air Lease Signs Lease Agreements with Malaysia Airlines

Air Lease and Malaysia Airlines signed long-term lease agreements for four new Airbus A350-900s. The transaction also includes a lease option for two additional A350-900s and two A330-900neo aircraft. read more

Business Jet Market To Grow 2.8% Through 2033

According to a report from Research and Markets, the global market for business jets is estimated to be worth $21.5 billion as of 2014 and is projected to grow at a 2.8% CAGR through 2033. read more

Penton’s EquipmentWatch Enters Agricultural Equipment Valuation Market

Penton's EquipmentWatch, a heavy equipment data business, has expanded coverage of its valuation product with the addition of more than 4,000 agricultural equipment models. read more

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Terry Mulreany
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