International Markets Growing Source of Revenue for SMEs

According to the 2016 American Express Grow Global Survey, revenues are on the rise for small and mid-sized U.S. companies that sell goods and services internationally. read more

Century Tokyo Leasing USA Changes Name to Tokyo Century USA

Century Tokyo Leasing announced the change of its corporate name effective October 1, 2016 to Tokyo Century (USA). read more

Latin American Equipment Leasing Industry Outperforms Economy

The equipment leasing and finance industry in Latin America grew an average 17% in 2015 as measured in local currencies, according to a report from The Alta Group. read more

Intrepid Aviation Promotes Geldner to SVP, Corporate Finance

Intrepid Aviation promoted Oliver Geldner to senior vice president of Corporate Finance effective October 1, 2016. read more

U.S. Treasury to Give the OK for Boeing, Airbus Deals with Iran

Bloomberg reported that by the end of September the U.S. Treasury will grant licenses to Iran that will allow the country to close the purchases of more than 200 aircraft from Boeing and Airbus. read more

Volvo Sells Four Electric Buses to Luxembourg Public Transport Operator

Volvo received an order for four Volvo 7900 Electric buses from public transport operator Sales-Lentz in Luxembourg. The buses will operate in the city of Differdange. read more

Caterpillar Contemplating Closure of Belgium Facility

Caterpillar is considering a plan to allocate the volumes produced at its facility in Gosselies, Belgium, to other manufacturing facilities. The proposed plan could result in 2,000 layoffs. read more

Bloomberg: AirAsia’s Sale of Leasing Unit Could Close in December

According to Bloomberg, AirAsia expects to make roughly $1 billion from the sale of its aircraft leasing unit, which could close in December at the earliest. read more

AirAsia Makes $1B Valuation of Leasing Division

According to Reuters, AirAsia evaluated Asia Aviation Capital, its leasing unit, at 4.1 billion ringgit ($1 billion). read more

GE Energy Financial Invests in Merkur Wind Farm

Merkur Offshore announced the 396MW Merkur offshore wind development project confirmed financial close. GE Energy Financial was a 6.25% equity investor in the $1.96 billion project. read more

Bombardier Delivers First Challenger 650 Aircraft to German Customer

Bombardier Business Aircraft delivered its first Challenger 650 aircraft to be operated from Germany. This aircraft joins the Bombardier business jet fleet in Europe comprised of more than 430 aircraft in service. read more

Waypoint Leasing to Re-Deploy Aircraft from CHC

Waypoint Leasing will place two AW139 helicopters with new customers in Africa and Asia, respectively. The aircraft are being returned from CHC and will be redeployed in support of oil and gas operations. read more

EU Regulators Fine Daimler, Volvo, Others $3.2B over Price Fixing

Reuters reported that regulators from the European Union leveled a fine of $3.2 billion (€2.9 billion) against European truck manufacturers for fixing prices and stalling the implementation of new emission related technologies. read more

Volvo Reaches Settlement with the European Commission

The Volvo Group reached a settlement with the European Commission and will pay a fine of €670 million ($737.84 million) ending a long-running EU antitrust investigation. read more

Waypoint Leases New AW189 to Vietnam-based Helicopter Company

Helicopter leasing company Waypoint closed a lease agreement with Southern Vietnam Helicopter, marking its first entry into the Vietnamese market. read more

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