Equipment Sector

Tigerair Signs $3.8B Deal for 37 A320s

Tigerair announced it has entered into an agreement with Airbus for the order of 37 Airbus A320neo aircraft in deal that is said to have a value of $3.8 billion. read more

Caterpillar: 3-Month February Worldwide Machinery Sales Down 8%

In a recent filing, Caterpillar said retail machinery sales to end users for the three-month period ended February 2014 were down 8% compared to the same period in one-year ago. read more

Air Lease Places Six 737-800s with Korean Air

Air Lease announced lease agreements with Korean Air for six new Boeing 737-800 aircraft, which are scheduled for delivery in 2015 and 2016. read more

Transport Topics: Truck Market Poised to Grow Through 2015

Transport Topics reported that heavy-duty trucks are poised for significant growth in 2014 and 2015. Transport Topics noted that IHS Automotive predicts Class 8 retail sales will increase 11% in 2014 and 12% in 2015. read more

February Class 8 Sales Reach Highest Gain in Four Months

Transport Topics reported that Class 8 retail sales were up 11% in February, the highest gain in four months. Transport Topics also said sales have risen to a cumulative 9% over the past three months. read more

Boeing Capital: ‘Rare Balance Among Financing Sources’

At an ISTAT financing forum, Boeing Capital said airplane financing globally is experiencing a rare balance among primary financing sources including leasing companies, commercial banks and private equity. read more

ATA Truck Tonnage Index Jumped 2.8% in February

The American Trucking Associations said its advanced seasonally adjusted for-hire truck tonnage index increased 2.8% in February, after plunging 4.5% the previous month. The ATA’s Bob Costello “remains optimistic for 2014.” read more

ISTAT: ‘Golden Age’ for Aircraft Financing, Leasing

At its annual global conference, officers of the International Society of Transport Aircraft said the industry forum is seeing record attendance and membership levels amid a “golden age” for aircraft financing and leasing. read more

Small Twin-Aisle Aircraft Market: Challenges and Opportunities

According to Steve Mason, vice president of Aircraft Analysis, CIT Aerospace, a maturing small twin-aisle aircraft market presents challenges and opportunities for Airbus. read more

Roadrunner Announces Acquisition of Unitrans

Roadrunner Transportation Systems announced it has acquired all of the outstanding stock of Los Angeles, CA-based Unitrans International for a total purchase price of $55.5 million. read more

GECAS Signs TUI Travel Leaseback Deal

GECAS announced a purchase-and-leaseback agreement with TUI Travel for two new Boeing 787-8 Dreamliners. The aircraft are scheduled for delivery in May and June 2014 and will become the first 787 models in the GECAS fleet. read more

Eclipse Aerospace Delivers First Eclipse 550

Eclipse Aerospace announced the first customer delivery of an Eclipse 550 twin-engine jet following FAA certification. read more

Air Lease Places New 777-300ER With KLM

Air Lease announced a long term lease agreement with KLM for a new Boeing 777-300ER aircraft scheduled for delivery in 2016. read more

CIT Executive Insights Examines Commercial Aerospace Sector

The airline industry, and with it, air traffic, is expected to increase in 2014, with Asia and Latin America representing the fastest growing markets, according to Tony Diaz, president of CIT Aerospace at CIT Group. read more

Global Mining Equipment Market to Reach $147B by 2020

According to a new study by GrandView Research, the global market for mining equipment is expected to reach $147.7 billion by 2010 read more

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