International

Bombardier to Deliver Two Aircraft to ExecuJet Middle East

Bombardier announced the upcoming delivery of two new entry-long range Global 5000 aircraft to ExecuJet Middle East of Dubai, UAE. read more

Bombardier Wins Contract to Provide 18 TRAXX Locomotives to Railpool

Bombardier said it has signed a contract to provide 18 TRAXX locomotives, valued at $82 million, to Munich-based locomotive leasing company Railpool. read more

NYT: GE Capital May Sell Australian Businesses to Sankaty, Deutsche

The New York Times reported that GE Capital is in talks to sell its commercial lending and leasing businesses in Australia to Sankaty Advisors and Deutsche Bank. read more

Custom Fleet to Unveil Element Service Model

According to Australian Transport News, Australian firm Custom Fleet is transforming into a focused commercial vehicle services provider as part of Element Financial’s expansion of its overseas operations. read more

The Alta Group Forms Asia Pacific Consultancy; Pang to Lead

The Alta Group expanded with the creation of The Alta Group Asia Pacific Region. The new branch is based in Hong Kong and serves the broader Asia Pacific equipment leasing and asset finance market. read more

Reuters: Bank of China Votes to ‘Spin Off’ Aviation Leasing Division

According to Reuters, citing a statement made to the Shanghai Stock Exchange, Bank of China has voted to spin off its aviation leasing unit in a Hong Kong share sale. read more

Volvo Group Launches Captive Financing Unit in India

According to the Business Standard, an English language newspaper in India, Volvo Group launched a captive financing arm in the country. read more

ING Provides $39.7MM Term Loan to Diana Shipping

Diana Shipping said it signed a $39.68 million term loan facility with ING Bank to finance the acquisition of two dry bulk vessels. read more

Air Lease Places ATR 72-600 with LIAT

Air Lease announced the placement of one new ATR 72-600 aircraft on long term lease with Antigua-based LIAT (Leeward Islands Air Transport). The aircraft is from ALC’s order book with ATR and is scheduled to deliver in the third quarter of 2016. read more

Two Chinese Firms in Fight for AWAS Aviation Capital

According to China Daily, ICBC Leasing and Aviation Industry Corp of China have expressed interest in purchasing AWAS Aviation Capital, a Dublin-based aircraft leasing company. read more

Boeing to Sell 300 Airplanes to China

In the same week it hosted Chinese president Xi Jinping, Boeing signed a general terms agreement related to the purchase of 300 airplanes by China Aviation Supplies Holding Company. read more

Air Lease Signs Agreement for Two Boeings with Siam Air Transport

Air Lease entered into lease agreements with Siam Air Transport (Thailand) for two used Boeing 737-800 aircraft. The aircraft will be delivered in the fourth quarter of 2015. read more

Reuters: Boeing to Sell 300 Jets to Three Chinese Companies

Citing the Xinhua news agency, Reuters reported that Boeing has signed deals to sell 300 aircraft to a trio of Chinese firms and set up an aircraft plant in China. read more

EIB Backs Rabobank, DLL To Help Dutch SMEs

The European Investment Bank (EIB) signed an agreement with Rabobank and DLL to further support Dutch SMEs and mid-caps, with a credit facility aggregating €400 million ($446 million) to be made available for Dutch companies. read more

CEXIM Provides Seaspan $1B in Ship Construction Financing

Containership lessor Seaspan said it has signed an agreement with the Export-Import Bank of China for up to $1 billion in credit facilities for the purchase and construction of vessels from shipyards in China. read more

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