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

SEP 19, 2016 - 7:22 am

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

SEP 19, 2016 - 7:13 am

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

SEP 2, 2016 - 6:21 am

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

AUG 31, 2016 - 5:55 am

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

AUG 26, 2016 - 6:56 am

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

AUG 15, 2016 - 7:42 am

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

AUG 11, 2016 - 6:49 am

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

AUG 3, 2016 - 6:13 am

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

JUL 20, 2016 - 6:58 am

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

JUL 19, 2016 - 2:52 pm

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

JUL 13, 2016 - 6:40 am

AerCap told Reuters that it does not expect Great Britain’s vote to leave the European Union to have an impact on its aircraft leasing business. read more

JUL 6, 2016 - 7:36 am

Beacon Rail Leasing closed on the acquisition of Ascendos Rail Leasing, a European locomotive and rolling stock leasing company. read more

JUN 20, 2016 - 6:52 am

Demand for China’s heavy and medium trucks and tractors was mixed in Q1/16, according to a new report jointly published by ACT Research and China’s State Information Center. read more

JUN 10, 2016 - 6:28 am

Rail operator TransPennine Express announced Eversholt Rail and Beacon Rail Leasing will provide $333 million of financing to support the acquisition of 25 new five-carriage trains. read more

MAY 24, 2016 - 7:12 am