Equipment Sector

GlobeAir Becomes World´s Largest Citation Mustang Jet Operator

GlobeAir acquired two new Citation Mustang jets, taking the total it owns to 16 — the largest fleet of Citation Mustangs in the world. read more

Agricultural Equipment Market to Reach $243.4B by 2025

The global agriculture equipment/machinery market is expected to reach $243.4 billion by 2025, according to a new report by Grand View Research. read more

ACT Research: Class 8 Backlog Increases in April

According to ACT Research, strong orders surpassed build in April, boosting industry backlogs to their best level since March 2016. read more

GECAS Delivers Leased 747-400F Factory Freighter to Kalitta Air

Kalitta Air, a provider of air cargo transportation, took delivery of the first of two leased 747-400F factory freighters from GECAS, marking a new milestone in the decade-long relationship between the two companies. read more

AerCap Delivers 767 to Atlas Air Worldwide

AerCap delivered a Boeing 767-300ER to a subsidiary of Atlas Air Worldwide Holdings, a global provider of outsourced aircraft and aviation operating services. read more

Global Compaction Equipment Market to Grow 4.7% by 2021

According to a new report from Research and Markets, the global compaction equipment market will grow at a CAGR of 4.74% from 2017 to 2021. read more

Icelandair Signs Sale/Leaseback Agreement of Four Boeing 737 MAXs

Icelandair, a subsidiary of Icelandair Group, signed an agreement for sale and leaseback of four Boeing 737 MAX aircraft. read more

Avolon Delivers World’s First Boeing 737 MAX to Malindo Air

Avolon delivered the world’s first Boeing 737 MAX 8 aircraft to Malindo Air. read more

ACT Research: April Net Trailer Orders Up 22% Vs. Last Year

ACT Research’s preliminary estimate for April net trailer orders is 20,200 units. read more

Q1/17 Business Jet Resale Market Surpasses Q4/16

According to the Digital Journal, the Q1/17 business jet resale market surpassed the typically robust fourth quarter as 147 business aircraft were sold. read more

Bombardier Completes Successful Third Test of Global 7000

Bombardier Business Aircraft successfully completed the maiden flight of a third Global 7000 flight test vehicle. read more

ACT: Pricing Index Shows Seventh Consecutive Month of Positive Readings

The latest release of ACT’s For-Hire Trucking Index indicated that April’s volume reading grew slower following last month’s three-year high, although evidencing clear acceleration in the growth trend. read more

U.S. Consumption of Cutting Tools Up 5.9% YTD

March U.S. cutting tool consumption totaled $200.05 million according to the U.S. Cutting Tool Institute and the Association For Manufacturing Technology. read more

Air Lease Places Eight Boeing 737 MAX 9 Aircraft with Primera Air Nordic

Air Lease placed eight new Boeing 737 MAX 9 aircraft on long-term lease with Primera Air Nordic of Latvia. read more

Manufacturing Machine Tool Orders Jump in March

According to the latest USMTO machine tool report, March orders were up 34.8% compared to February and up 3.3% from March 2016. read more

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Terry Mulreany
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