Equipment Sector

Bombardier Confirms Order with IBFJ, Reports 36 Q3 Biz Jet Deliveries

Bombardier Commercial Aircraft revealed that Industrial Bank Financial Leasing placed a firm order for 10 CRJ900 aircraft. Additionally, Bombardier reported delivery of 36 business jets in Q3/16. read more

Honeywell: Business Aviation Faces Slow Near-Term Pace of Orders

According to the 25th annual Global Business Aviation Outlook released by Honeywell, the business aviation industry continues to face a slow near-term pace of orders due to a slow-growth economic environment along with political uncertainties. read more

Milestone Aviation Leases Two Helicopters to Chinese Ambulance Operator

Milestone Aviation Group, a GE Capital Aviation Services company, leased two new Airbus H130 helicopters to HEMS999 Company, a Chinese air ambulance operator subsidiary of MIT Group. read more

Gulfstream Q3 Deliveries Down 31%, YTD Down 20%

General Dynamics reported Gulfstream’s combined large-cabin and mid-cabin deliveries of 57 units and 180 units in Q3/16 and YTD, were down 31% and 20%, respectively, from 83 deliveries and 226 deliveries for the same periods in 2015. read more

Industrial Machinery Market Expected to be Worth $771.5B by 2024

According to a new report from Global Market Insights, the industrial machinery market is expected to reach $771.59 billion by 2024. read more

Trailer Orders Disappoint in September; Used Class 8 Sales Fall 11% M/M

According to ACT Research, new and net trailer orders came in at 12,993 in September while used Class 8 truck sales fell 11% month-over-month. read more

ACT: September’s Class 8 Orders Follow Trend, Steady Rise for Classes 5-7

According to ACT Research, there were 16,100 Class 8 net orders in September, signaling that the historically weak season is coming to an end. read more

Daimler: Q3/16 Truck Sales Off 24% Year/Year

Daimler Trucks sold 97,100 vehicles in Q3/16, down 24.4% compared to 128,500 in Q3/15 due to lower demand for trucks in key markets. read more

Textron Aviation Q3/16 Citation Jet Deliveries Up Year/Year

Textron reported its Textron Aviation unit delivered 41 new Citation jets and 29 King Air turboprops in Q3/16 compared to 37 jets and 29 King Airs in last year’s third quarter. read more

GECAS Delivers First Airbus A320neo to Brazil’s Azul

GE Capital Aviation Services delivered a new, leased Airbus A320neo to Azul Linhas Aéreas Brasileiras to expand and modernize the carrier’s fleet. read more

Air Lease Places 12 Airbus A321neo Aircraft with Vietnam Airlines

Air Lease placed 12 new Airbus A321neo aircraft on long term lease to Vietnam Airlines, which will deliver in 2018 and 2019. read more

ACT: September Net Trailer Orders Roughly One-Third of 2015 Levels

ACT Research’s preliminary estimate for U.S. net trailer orders for September 2016 is 12,950 units. Additionally, ACT noted that the freight index rose faster than the capacity index once again. read more

Air Lease Places Six Boeing 737 MAX 8s, Options for Five More

Air Lease placed six 737 MAX 8s on long-term lease to LOT Polish Airlines and also agreed to include the option to lease five additional 737 MAX 8s. read more

GECAS Delivers New Leased A320neo to Avianca Brasil

GE Capital Aviation Services delivered a new, leased Airbus A320neo to Avianca Brasil to expand and modernize the carrier’s fleet. read more

Penske Truck Leasing Opens Rental Facility in New Jersey

Penske Truck Leasing opened a facility in Millville, NJ, which will offer consumer and commercial truck rental, full-service truck leasing and contract maintenance. read more

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