Equipment Sector

RGS Energy, OneRoof Energy Partner for Solar Equipment Financing

RGS Energy and OneRoof Energy have entered into an agreement to jointly offer comprehensive solar solutions to customers in New York, Massachusetts and California. read more

HondaJet Expected to Benefit from Business Jet Growth

The Greensboro, NC, News & Record said the business-jet market will grow in the next five years, which could be great news Honda Aircraft when the company’s first HondaJet goes into service. read more

ACT: March Classes 5-8 Order Volume Moderates

March was the first month in the past six in which Classes 5-8 MD & HD orders fell below the 50,000 unit mark, according to ACT Research. Orders dropped 2% compared to March 2014. read more

CIT Orders Five Additional A321s

CIT Group announced that CIT Aerospace has ordered five additional A321ceo aircraft, bringing its total order to 205 aircraft, comprised of 155 CEO and 50 NEO aircraft. read more

Used Equipment Prices Index Rises 7.2% Above Historic High

The February Rouse Value Index for used equipment prices increased to 46.4, up 0.5% from January values and 7.2% higher than the prior peak period of 43.3 in April 2007. read more

IronPlanet, Cat Auction Sell $47MM in Equipment

IronPlanet announced it sold $46.7 million in equipment at auctions held across its marketplaces March 25th-27th. Onsite events included a joint auction with Cat Auction Services. read more

GE Energy Financial Services, Pacifico Partner for Solar Project

GE Energy Financial Services and Virginia Solar Group subsidiary Pacifico Energy have partnered for a third time to construct a solar power project in Japan. GE’s commitment is worth $62.5 million. read more

ACT: Trailer Orders Down 30% Y/Y

Trailer net orders in February, at 20,700 units, were down nearly 31% from January and off 30% year over year, according to ACT Research. read more

Durable Goods Inventories Reach Record High

Inventories of manufactured durable goods in February, up 22 of the last 23 months, increased $1.1 billion, or 0.3%, to $413.0 billion to the highest level since the series was first published, the U.S. Census Bureau reported. read more

Avolon Publishes White Paper on Aircraft Retirement; Storage Trends

Low impact on OEM deliveries expected from increased use of older aircraft due to cheaper oil. Updated analysis confirms average retirement age of most fleets continues to increase. read more

GECAS Delivers Boeing 737-800 to Kenya Airways

GE Capital Aviation Services Limited announced delivery of a new Boeing 737-800 aircraft to Kenya Airways to expand the carrier’s fleet. The aircraft is part of GECAS’ existing order book with Boeing. read more

Century Tokyo Launches Aircraft Finance Unit

Century Tokyo Leasing announced the opening of its new aircraft finance unit in Centennial, CO, managed by Keijiro Yokoyama and Keita Sekiguchi, deputy general manager and manager, respectively. read more

JetLease Capital Finances Bell 230, Cessna Citation

JetLease Capital announced it arranged and closed financing for a Bell 230 helicopter based on the West Coast of Florida and a Cessna Citation Sovereign. read more

Truck Tonnage Index Drops 3.1% to Six Month Low

American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index decreased 3.1% in February to 131.6, the lowest level since September 2014. read more

Lobo Leasing, SFS Aviation Complete AW139 Sale/Leaseback

SFS Aviation and Lobo Leasing announced the completion of a sale/leaseback transaction of an AgustaWestland AW139 that will support oil and gas operations in the Gulf of Thailand. read more

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Terry Mulreany
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