International

NETSOL Named Top Leasing Solution in China for Fifth Straight Year

NETSOL Technologies received the “First-Rate and Best Selling Finance and Leasing Solution Provider” award at the 2017 Annual China Leasing Summit for the fifth year in a row. read more

Beacon Rail Leasing Acquires Railcar Units from Loyds & RBS

Pan-European rolling stock lessor Beacon Rail Leasing completed the acquisition of a fleet of railcar units from subsidiaries of Lloyds Bank and the Royal Bank of Scotland. read more

Tax Treaty Expansion Key to Aircraft Leasing Growth in Hong Kong

A report from the Hong Kong Financial Services Development Council called for the government to expand its tax treaty network, in particular with countries that have growing aviation industries. read more

GE Energy Financial Secures Financing for Power Projects in Argentina

GE Energy Financial Services and UPF Energia Elctrica have secured $220 million of project financing for two jointly owned thermal power projects in Argentina. Citi, Credit Suisse and EDC led the financing. read more

GE Signs $575MM Agreement with Egyptian National Railways

GE signed a letter of intent with the Ministry of Transportation and Egyptian National Railways, worth $575 million, to supply 100 GE ES30ACi Light Evolution Series Locomotives. read more

ACT: Chinese Government Policy Impacts Heavy Duty Truck Forecast

China 2016 and 2017 government policy changes have brought a one-time increase in heavy duty and medium duty commercial vehicle populations, according to ACT Research and China’s State Information Center. read more

COMAC Sells 30 C919 Aircraft to EverBright Financial Leasing

Commercial Aircraft Corporation of China signed a framework purchase agreement of 30 C919 aircraft with EverBright Financial Leasing. read more

Airbus Delivers A320neo on Lease from BOC Aviation

Airbus delivered the first A320neo to Vistara. The delivery is the first of seven aircraft to be leased from BOC Aviation. read more

Air Hamburg Becomes Launch Customer for Embraer Legacy 650E

Germany-based charter operator Air Hamburg is the launch customer for the new Legacy 650E from Embraer. Air Hamburg will expand its Embraer business jet fleet with an additional order for three new Legacy 650E. read more

Travel Service Named First European Citation Longitude Customer

During EBACE, Textron Aviation announced that Czech Republic-based airline Travel Service will be the first European customer for the Cessna Citation Longitude. read more

Hainan Airlines to Spend $4.2B on 19 Boeing Jets

The Financial Times reported that Hainan Airlines will purchase 19 Boeing jets for an estimated $4.2 billion. read more

Global Jet Capital Reveals Research on European Jet Deliveries

Research from Global Jet Capital reveals that around 452 mid to heavy private jets were delivered to Europe between 2012 and 2016, with a combined value estimated at around $22.6 billion. read more

GECAS, Milestone Aviation Open New Office in Sydney

Milestone Aviation Group and GE Capital Aviation Services opened a new office in Sydney, Australia, effective May 1, 2017. read more

European Railcar Leasing Market to Grow More Than 4% Through 2021

Technavio analysts forecast the railcar leasing market in Europe to reach $3.93 billion through 2021, according to its latest report. read more

Aldermore Appoints Former GE Capital Sales Specialist BDM

Aldermore, a specialist bank, appointed James Pigrem as business development manager within the manufacturer and dealer services team in its asset finance division. read more

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