Equipment Sector

AerCap Delivers First Airbus A320NEO Aircraft to China Southern Airlines

AerCap Holdings delivered the first Airbus A320neo on lease to China Southern Airlines, making the airline the first carrier in China to operate the aircraft type. read more

Baltia Signs Letter of Intent to Lease Aircraft

Baltia Air Lines signed a letter of intent to lease a Boeing 767-300ER aircraft from Kalitta Air. read more

U.S. Cutting Tool YTD Consumption Down 6.9% in October

According to the latest data from the USCTI and AMT, October U.S. cutting tool consumption totaled $168.99 million, marking a 4.7% decrease year-over-year. read more

IronPlanet Closes Year with Three Auctions

Iron Planet will hold its final auction of the year on December 22 where it will auction off an assortment of construction equipment and trucks. read more

ACT: November Trailer Orders Jump 70% M/M; Still Lag Y/Y

According to preliminary data from ACT Research, there were 36,300 net trailer orders in the U.S. during November. read more

Finnair Signs Long Term Leases for Two A321 Aircraft

Finnair entered into an agreement with CDB Aviation Lease Finance for a long-term lease of two new Airbus A321-200 narrow-body aircraft configured with 209 seats. read more

AmeraMex International Receives $300,000 Equipment Order

AmeraMex International received a $300,000 equipment order for empty container handlers. The equipment will ship this week from inventory to a Southern California customer.  read more

Hilco Industrial Sells Dow Solar Assets

Hilco Industrial announced the sale of assets for Dow Solar, a subsidiary of Dow Chemical. The HilcoBid online auction, which closed on November 8, was held in partnership with Aaron Equipment and Perry Videx. read more

Earthmoving Equipment Market Size to Reach $192.5B by 2023

The earthmoving equipment market size is projected to reach $192.5 billion by 2023, according to a report from Global Market Insights. read more

ExcelAire Adds Cessna Citation Latitude to Private Jet Fleet

ExcelAire, a boutique aircraft management and charter company, added a Cessna Citation Latitude to its growing fleet of business jets. read more

IronPlanet Breaks Its Record for Used Heavy Equipment Inspections

IronPlanet professional inspectors conducted more than 100,000 annual inspections in 2016 on pieces of equipment, more inspections than the company has ever conducted to-date. read more

EquipmentWatch Announces Finalists for 2017 Highest Retained Value Awards

EquipmentWatch announced the finalists for the second annual Highest Retained Value Awards. John Deere led all contending manufacturers with 28 nominations. read more

Ritchie Bros. Sells $559MM of Equipment in Edmonton in 2016

In 2016 Ritchie Bros. held six auctions at its flagship site in Edmonton, AB, selling 43,500 equipment items and trucks for C$728+ million ($559 million). read more

Intrepid Delivers New B777-300ER on Lease to Philippine Airlines

Intrepid Aviation confirmed the acquisition of a new B777-300ER aircraft from Boeing in Seattle and its delivery on long-term lease to Manila-based Philippine Airlines. read more

Boeing, Iran Air Announce $16.6B Aircraft Deal Agreement

Boeing and Iran Air announced an agreement for 80 aircraft that included 50 737 Max 8s, 15 777-300ERs and 15 777-9s, valued at $16.6 billion at list prices. read more

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