Chinese Leasing Company Acquires 100 Airbus Helicopters

CM International Financial Leasing said it will acquire 100 Airbus helicopters Ecureuil-series rotorcraft over five years with the initial order of 10 units to be delivered in 2016. read more

WSJ: EU to Approve $17B Buy of Alstom by GE

According to the Wall Street Journal, the European Union will approve GE’s $17 billion acquisition of Alstom SA’s power business. read more

Japanese Banks Bid on GE’s Local Commercial Finance Operations

The Wall Street Journal reported several Japanese megabanks submitted nonbinding bids for GE's Japanese commercial finance operations, which are expected to several billion dollars. read more

ST Engineering Aerospace Reorganizes Aircraft Leasing Business

The joint venture agreement between ST Aerospace, a subsidiary of ST Engineering, and Wings Capital Partners Holdings has been terminated. read more

Lower Demand for Construction Equipment in China Could Extend Slide

Bloomberg reported that the demand for diggers, loaders and other big-ticket construction equipment will likely continue to fall this year as China’s economic slowdown proceeds. read more

China’s Struggles Slow Bombardier Sales Efforts

According to The Canadian Press, the recent Chinese economic slowdown is hindering Bombardier as it tries to finalize sales of its new CSeries aircraft. read more

Bohai Leasing Extends Tender Offer for Avolon

In the newest development in the Bohai Leasing and Avolon saga, Bohai extended the expiration of its tender offer to the Irish aircraft leasing company. read more

Waypoint Signs Purchase Leaseback Agreement with Lider Taxi Aereo

Waypoint Leasing, an independent helicopter lessor based in Ireland, closed a purchase leaseback transaction with Lider Taxi Aereo, a provider of helicopter services to the Brazilian offshore energy industry. read more

Former Citi Trader Gets 14 Years for Libor Rigging

The Irish Times reported that former Citi trader Tom Hayes was sentenced to 14 years in jail after he became the first person to be convicted by a jury of rigging Libor. read more

GE Capital Sells Japanese Office Holdings

According to multiple reports, GE Capital Japan sold 50 office properties in Tokyo and several other Japanese cities. read more

Report Shows Leasing Growing Source for SME Finance

A report from Leaseurope indicates that leasing is becoming an increasingly important source of European SME finance, with 51% of those surveyed in 2014 using leasing, up from 43% the year before. read more

Ryder Adds to UK Fleet with 350 New Trailers

Ryder is upgrading its trailer rental fleet by adding 350 new trailers to its offerings in the UK. read more

GE Capital Gives Briggs Equipment UK a Lift

GE Capital has entered into a £200 million ($311 million) long term financing commitment with Briggs Equipment, an independent forklift truck distributor in the UK. read more

Bohai Acquires 20% Strategic Interest in Avolon

In another move to strengthen its standing in the global market, Bohai has entered into an agreement with Avolon to make a cash tender off for 20% of outstanding common share priced at $26 per share. read more

Bloomberg: GE Will Seek Bids for Japan Leasing Unit in August

Bloomberg reported that General Electric will seek initial bids for its Japanese leasing business in late August, according to sources with knowledge of the situation. read more

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