Of Interest

Avolon White Papers Predicts Indian Airline Fleet to Double by 2027

According to a white paper from international aircraft leasing company Avolon, India’s current passenger fleet will double to almost 1,100 aircraft by 2027, with the total value of aircraft to be delivered over the coming 10 years, at current list prices, projected to be $60 billion. read more

ABLE Equipment Rental Expands with Fifth Location in Northeast

ABLE Equipment Rental, a supplier of construction equipment rentals, sales, service and parts, purchased the aerial equipment assets and service operations of Mobile Lifts of Norristown, PA. read more

Scorpio Bulkers Refinances Ultramax Vessel

Scorpio Bulkers entered into a financing transaction of one of its Ultramax vessels with an unaffiliated third party. read more

NETSOL Secures Contract with Leading Asian Auto Captive Finance Company

NETSOL Technologies signed an agreement with a leading Asian auto captive finance company to deploy NETSOL’s NFS Ascent platform for its auto finance business. read more

Aeroflow Healthcare Appoints Sonnone CFO

Aeroflow Healthcare, a durable medical equipment provider and Inc. 5000 fastest growing company, appointed Scott Sonnone as chief financial officer. read more

Wells Fargo Chief Economist John Silvia to Retire

John Silvia, chief economist for Wells Fargo, will retire as head of the Economics Group at Wells Fargo Securities after 16 years with the company. read more

OnDeck Receives Highest Award from TopConsumerReviews.com

Online business lender OnDeck was awarded the best-in-class five-star rating from TopConsumerReviews.com. read more

Popular Completes Regulatory Clearance Process for Wells Fargo Buy

Popular completed the regulatory clearance process for its previously announced agreement to acquire certain assets and liabilities related to Wells Fargo’s auto finance business in Puerto Rico. read more

WSJ: Private Equity Funds Increase Commercial Airline Financing Output

According to a Wall Street Journal report, private equity funds have provided $207 billion of commercial airliner financing since 2009 when about $900 billion was spent on new jetliners. read more

June Commercial Chapter 11 Filings Decrease 49% Year/Year

The American Bankruptcy Institute reported a total of 306 commercial Chapter 11 bankruptcies for the month of June 2018, a 49% decrease from the 601 commercial Chapter 11 filings in June 2017. read more

Global Fleet Management Market to Grow 15.8% by 2022

According to a report from ResearchAndMarkets, the fleet management market size is expected to grow from $13.78 billion in 2017 to $28.66 billion by 2022, marking a CAGR of 15.8%. read more

Material Handling Equipment Rental Market to Grow 4.12% by 2022

According to a report from ResearchAndMarkets, the global short-term material handling equipment rental market will grow at a CAGR of 4.12% from 2018 to 2022. read more

Cloud Lending Solutions Named a Top Private Tech Company

Cloud Lending Solutions was named a winner at Red Herring’s Top 100 North America 2018 event, which recognizes North America’s most exciting and innovative private technology companies. read more

United Rentals Partners with Trackunit on Telematics Solutions

Equipment rental company United Rentals partnered with telematics company Trackunit to provide telematics solutions for United Rentals’ fleet. read more

Fifth Third Beat Out BMO Harris’ Higher Offer to Buy MB Financial

Crain’s Business Journal reported that Toronto-based BMO Financial Group made a higher offer than Fifth Third Bank to acquire MB Financial, but MB’s board voted to go with the U.S.-based bank. read more

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