News

Equipment Industry Experts Launch Fortis Consultancy

Fortis, a professional consultancy and provider of asset management and monitoring solutions for rental companies and fleet owners across the equipment industry, announced its official launch. read more

Sumitomo Mitsui to Acquire Joint Stake in Aircraft Engine Leasing Co

Sumitomo Mitsui Finance and Leasing Company will acquire 65% of the shares of Sumisho Aero Engine Lease, a joint venture of Sumitomo Corp and MTU Aero Engines. read more

Mammoth Energy Expands Aviation Services with Wexford JV, ARS Acquisition

Mammoth Energy Services announced the expansion of its aviation services business via the acquisition of Air Rescue Services and a joint venture with Wexford Capital, which purchased Brim Equipment Leasing. read more

Report: Utilities to Spend $100B on Networking and Comm Equip by 2029

Investment in networking for a multitude of utility applications is accelerating even as the ways that utilities solve connectivity problems are diversifying. read more

The Carlyle Group Completes Majority Ownership Acquisition of Sedgwick

Sedgwick announced the closing of the previously announced acquisition by The Carlyle Group of majority ownership of Sedgwick from KKR and other shareholders. read more

Tesla Registers Financial Leasing Unit in Shanghai

Reuters reported that Tesla registered a financial leasing company in Shanghai as it plans to increase its presence in China. read more

JPMorgan to Pay $135MM+ to Settle SEC Charges

The Securities and Exchange Commission announced that JPMorgan Chase Bank will pay more than $135 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs). read more

Huntington Introduces New Digital Banking Experience for Customers

In direct response to customer feedback gleaned from a two-year-long listening tour, Huntington is rolling out “The Hub,” a digital banking experience for all of its customers. read more

AgEagle Signs Specialty Crop Producer to Drone Leasing Program

AgEagle Aerial Systems signed a significant specialty crop producer, packager and supplier in North America to its new sustainability platform and drone leasing program for the 2019 crop season. read more

BOC Aviation to Purchase 11 Boeing 737 Max Jets

BOC Aviation has signed with Boeing to purchase 11 more 737 Max aircraft. read more

CFO Magazine Lists the Best Accounting Articles of 2018

CFO Magazine created a list of the top accounting articles of the year. read more

Aviation Capital Finances 2 Boeing Aircraft for Turkish Airlines

Aviation Capital Group has been mandated by Turkish Airlines to structure, arrange and provide a guarantee for senior loans to finance a portion of the purchase price of two Boeing 787-9 aircraft. read more

Best Wishes for a Happy New Year from Monitor’s Staff

Monitor’s staff wishes our readers a happy and healthy 2019. Our offices will be closed Monday, December 31 and Tuesday, January 1 in observance of the New Year. read more

Great Western Leasing Acquires All Points Equipment

Great Western Leasing and Sales announced the acquisition of and All Points Equipment Leasing. read more

AP Equipment Financing Provides Leasing for LiDARUSA Customers

LiDARUSA will offer leasing options to qualifying U.S. buyers with AP Equipment Financing. read more

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Terry Mulreany
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Susie Angelucci
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