Of Interest

Icelandair Changes Organizational Structure

Icelandair will split its commercial division into separate customer and revenue divisions and create a digital and data division. Icelandair also named Tomas Ingason chief revenue officer to lead the new revenue division. read more

Ritchie Bros. to Sell More Than 300 Farm Equipment Items in Early 2022

Ritchie Bros. signed up two major farm auction packages for 2022 in Torquay, SK, and The Pas, MB. The two auctions, which are being held for Hanson Farms and Marlow Farms, will feature more than 300 equipment items and more than 15,000 title acres. read more

Global Ship Lease Agrees to New Multi-Year Charters for 2 Vessels

Global Ship Lease agreed to new five-year time charters for the Eco 9,115 TEU Al Khor and Maira XL vessels with a liner operator. The new charters will commence at the conclusion of the vessels’ current charters in mid-2022. read more

BMO Provides $392.98MM in Green Bonds to Bruce Power

Acting as co-lead green structuring agent, BMO Financial Group issued C$500 million ($392.98 million) in green bonds under a green finance framework with Bruce Power, a private sector power provider in Ontario. read more

US SBA Updates Guidance for COVID-19 EIDL Program

The U.S. Small Business Administration updated its guidance for its COVID-19 Economic Injury Disaster Loan program. According to the updated guidance, applications for EIDL loans will be accepted until Dec. 31.  read more

Fifth Third Bank’s 2020 ESG Report Wins 5 MarCom Awards

Fifth Third Bank’s 2020 Environmental, Social and Governance Report, which was published in June, earned five MarCom Awards. read more

KeyBank Makes $300K Donation to Support University of Colorado’s DE&I Efforts

KeyBank made a $300,000 donation to the University of Colorado Leeds School of Business Office of Diversity Affairs in support of the school’s diversity, equity and inclusion efforts. read more

Cargojet Signs Agreement with Mammoth Freighters for 777-200LRMF Freighters

Cargojet Airways became the launch customer for Mammoth Freighters’ new 777-200LR freighter with the signing of a sales agreement for two initial 777-200LRMF freighters. read more

CIT Northbridge Credit Provides Financing for Baker & Taylor Acquisition

CIT Northbridge Credit served as sole lead arranger on a senior secured credit facility to support the acquisition of Baker & Taylor, a provider of books, digital content and technology solutions to public and academic libraries. read more

BMO Ranked Among Most Sustainable Companies in the World on Dow Jones Indices

BMO Financial Group was ranked among the most sustainable companies on the Dow Jones Sustainability Indices (DJSI), making it one of only five companies in Canada included in the DJSI World Index. read more

Ritchie Bros. Sells More Than $55MM in Equipment at Houston Auction

Ritchie Bros. sold more than 4,650 equipment items and trucks for 675 consignors at its recent Houston auction, generating more than $55 million in gross transaction value. read more

ACIA Aero Leasing Expands Partnership with Bestfly

ACIA Aero Leasing expanded its partnership with Bestfly Worldwide during a media event held ahead of Dubai Airshow 2021. The companies agreed to the lease of two aircraft, one Embraer E-190 and one ATR 72-600, and also agreed to further expand the E-190 lease portfolio in 2022. read more

Boeing to Open 3 New Freighter Conversion Lines, Takes Order for 11 737-800BCF

Boeing plans to add three conversion lines for its 737-800BCF across North America and Europe. The company also signed a firm order for 11 freighters with Icelease as the launch customer for one of the new conversion lines. read more

ACIA Aero Leasing Signs LOI with Universal Hydrogen for Up to 30 Regional Aircraft Conversions

Universal Hydrogen signed a letter of intent with ACIA Aero Leasing, which expects to place 10 firm orders for Universal Hydrogen’s ATR 72 conversion kits and additional purchase rights for 20 more conversion kits of various turboprop types. read more

Columbus McKinnon Appoints Colella and Abraham to Board of Directors

Columbus McKinnon, a designer, manufacturer and marketer of intelligent motion solutions for material handling, appointed Gerald Colella, the retired president and CEO and current chair of MKS Instruments, and Chad Abraham, chair and CEO of Piper Sandler, to its board of directors. read more

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