Equipment Sector

Bristow Group Provides $200MM Equipment Financing for SAR Choppers

Bristow Group entered into two seven-year GBP denominated secured equipment financings for $200 million equivalent with Lombard. Proceeds will be used to finance eight search and rescue helicopters. read more

Teal Group: Business Aircraft Soft Sales to Continue in 2017

According to a report from AV Web, the Teal Group’s Richard Aboulafia notes that based on a disappointing business aircraft shipment report, next year is not likely to be any better. read more

CNH Brand Supplies 109 Natural Gas Vehicles to City of Madrid

Iveco, a brand of CNH Industrial, was chosen as the truck manufacturer to supply 109 new urban waste collection vehicles, powered by natural gas engines, for the city of Madrid. read more

AirLease Delivers Air Astana’s First A320neo

Air Astana, Kazakhstan’s flag carrier, has taken delivery of its first A320neo at Airbus headquarters in Toulouse in the presence of airline executives and government officials. read more

IronPlanet Launches Fleet Services Offerings

IronPlanet in conjunction with its TruckPlanet marketplace launched Fleet Services featuring IronPlanet Truck Locator, which will allow access to more than $200 million in Class 8 and other trucks. read more

Business Jet Shipments Down 7.7% YTD

GAMA reported that worldwide general aviation airplane shipments have declined 3.5% through the first nine months of 2016, including a 7.7% dip in business jet shipments. read more

U.S. Cutting Tool YTD Consumption Down 7.5% in September

September U.S. cutting tool consumption totaled $171.09 million, down 2.3% from August’s $175.21 million and down 0.1% year over year from $171.34 million in September 2015. read more

JETNET Report: Pre-Owned Business Jet Sales Down 2.2%

JETNET released results for September and the first nine months of 2016 for the pre-owned business jet, business turboprop, helicopter and commercial airliner markets. read more

AerCap CEO: U.S. Election Will Not Affect Aviation Industry

Reuters reported that AerCap’s CEO Aengus Kelly does not believe aviation industry growth will be affected by the results of the U.S. Presidential election. read more

Hyster-Yale Reports Q3 Earnings Decrease on Lower Shipments

Hyster-Yale Materials Handling announced Q3/16 lift truck revenues and operating profit decreased as a result of lower shipments and deal-specific price reductions. read more

Cessna Receives Order for Three Citation X+ Jets at NBAA

Cessna Aircraft received an order for three Citation X+ midsize business jets from Schweitzer Engineering Laboratories during NBAA’s Business Aviation Convention and Exhibition in Orlando, FL. read more

Bombardier Global 7000 Aircraft Completes First Test Flight

Bombardier Business Aircraft completed the first test flight of its Global 7000 aircraft program. The new aircraft is scheduled to enter into service in 2018. read more

ACT: Medium Duty Orders Fall 10% M/M, Heavy Duty Comes in Flat

According to preliminary data from ACT Research, in October, 32,400 Classes 5-8 net orders were booked. Final order numbers will be published in mid-November. read more

ACT Research: Retail Sales of NG Fueled HD Trucks Down 29% YTD

According to ACT Research’s quarterly report, natural gas Class 8 truck retail sales declined 29% year-to-date and 25% sequentially. read more

Intrepid Finances First Boeing 777-300ER from Order Book

Intrepid Aviation financed its first 777-300ER from its current order book with Boeing. The aircraft is on long-term lease with Philippine Airlines. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com