Equipment Sector

Equipment Rental Industry Revenue Poised to Reach $59.4B by 2021

According to the American Rental Association’s most recent forecast, equipment rental industry revenues will experience steady gains over the next five years. read more

GECAS Delivers 767-300ER Freighter to Star Air

GE Capital Aviation Services delivered Star Air’s first factory-built Boeing 767-300ERF. read more

ACT Research: Commercial Vehicle Orders Dip in April

ACT reported that following eight consecutive months with steadily higher volumes, April net orders of North American medium duty and heavy duty classes 5-8 decreased 13% from March to 42,500 units. read more

Alliance Air to Lease 10 Planes From Dubai Aerospace Enterprise

Aircraft leasing company Dubai Aerospace Enterprise signed long-term lease agreements for 10 ATR 72-600 aircraft with Alliance Air, a wholly owned subsidiary of Air India. read more

Ritchie Bros. Sells $134MM Worth of Equipment at Edmonton Auction

This year’s Ritchie Bros. Edmonton, Canada auction attracted 13,800 people from more than 60 countries, as 8,650 items were sold over four days for $134 million. read more

General Dynamics Reports Q1 16.7% Earnings Increase; Gulfstream Deliveries Up Year/Year

General Dynamics reported Q1/17 earnings from continuing operations of $763 million, up 16.7% from $654 million a year earlier. The company noted 30 Q1 Gulfstream aircraft deliveries were up from the same quarter in 2016. read more

AerCap Signs Lease Agreement with New Airline Customer Wamos Air

AerCap Holdings signed a lease agreement with Spanish carrier Wamos Air for a 2003 vintage Airbus A330-200, powered by Rolls-Royce engines, which will deliver to Wamos in June 2017. read more

SMBC Aviation Capital to Purchase Three New Boeing 737-800s

SMBC Aviation Capital will purchase three Boeing 737-800s, bringing its total owned, managed and committed portfolio for B737-800s to 198. read more

ACT: Used Class 8 Truck Sales Close Q1/17 with Third Sequential Increase

Class 8 same dealer used truck sales volumes continued to show strength in the closing month of Q1/17, increasing month-over-month with a third sequential double-digit rise. read more

ACT: Natural Gas Class 8 Retail Sales Have Healthy Start to 2017

U.S. and Canadian natural gas heavy duty retail sales had a healthy start to 2017, boosted mostly from refuse fleets, transit and school bus operators, according to the most recent data from ACT Research. read more

Airbus Delivers First Ever A321neo to Virgin America

Airbus delivered the first-ever A321neo to U.S. airline Virgin America at a ceremony in Hamburg, Germany.  read more

ATA Announces Quality Companies as Corporate Partner

American Trucking Associations announced Quality Companies, a supplier of fleet leasing, truck and trailer sales, maintenance and business services, as an ATA corporate partner. read more

Air Lease Announces Lease Placement of Boeing 787-9 with LOT Airlines

Air Lease announced a long-term lease agreement with LOT (Poland) for a new Boeing 787-9 aircraft with Rolls Royce Trent 1000 engines.  read more

Avolon Delivers 17 Aircraft, Sells 20 in Q1/17 Following CIT Buy Closing

In its Q1/17 update, Avolon reported the closing of its acquisition of CIT Aviation and deliveries of 17 aircraft and sales of 20 by the pro-forma combined businesses. read more

ACT: March’s Class 8 Backlog Rises for Fifth Straight Month

According to ACT Research, thanks to the healthy order levels noted at the beginning of the month, coupled with what are still fairly restrained build levels, Class 8 backlogs increased again in March. read more

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