News

AerCap Delivers First Three Airbus A321neo Aircraft to AirAsia as Part of 15 Aircraft Deal

AerCap delivered the first three of 15 new Airbus A321neo aircraft on long-term lease to AirAsia Group. The remaining 12 units are scheduled to deliver in 2024 and 2025. read more

Amur Equipment Finance Completes 14th Term Securitization, Largest in Company History

Amur Equipment Finance completed its 14th term securitization, in which it issued $476.25 million in notes secured by equipment loans and leases. Truist Bank served as sole structuring agent and lead bookrunner, with BMO and Bank of America serving as joint bookrunners. read more

Healthcare Industry Veterans Reunite at FFC

Industry veterans Chip Halverson and Mike Myers have joined Lynn Dixon, president of FFC, an equipment leasing company with an emphasis on the healthcare market. Halverson and Myers are joining FFC to help position the company for the next stage of growth. read more

Citizens Business Conditions Index Jumps in Q2/24

The Citizens Business Conditions Index rose to 52.2 in Q2/24, pushing into expansionary territory after taking a step back at the beginning of the year. Citizens’ data showed strong company revenue trends during the period after soft performance across most industries in Q1/24. read more

MidFirst Bank Receives Regulatory Approval to Acquire Houston Banking Locations of Amerant Bank

MidFirst Bank has received all required regulatory approvals to complete the previously announced acquisition of the Houston, Texas banking locations of Amerant Bank. MidFirst expects the acquisition to close on Nov. 8, 2024, subject to the satisfaction of customary closing conditions. read more

CDB Aviation Delivers First of Two A320neo Aircraft to Beibu Gulf Airlines

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial, (CDB Leasing), delivered the first of two Airbus A320-200neo aircraft on lease to a new Chinese airline customer, Nanning-based Guangxi Beibu Gulf Airlines. read more

Textron Aviation Expands Service Offerings to Include Cessna Citation 560XL Series Landing Gear Repair Process

Textron Aviation expanded its service offerings to include a new standard repair process for Cessna Citation 560XL series aircraft main landing gear (MLG). The new solution was developed in collaboration with the company’s affiliate, Able Aerospace Services. read more

Regions Bank Recognized as a “Best Place to Work for Disability Inclusion”

Regions Bank has been named to the 2024 Disability Equality Index, a nonprofit resource for business disability inclusion worldwide. With this year’s distinction, Regions has now been named a “Best Place to Work for Disability Inclusion” for the fourth consecutive year. read more

Harari Joins Mitsubishi HC Capital America as Senior Vice President, Corporate Development – M&A and Investments

Mitsubishi HC Capital America, a non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, hired Daniel Harari as senior vice president, corporate development – M&A and investments. read more

Summit Funding Group Expands Sales Team with Three Industry Veterans

Summit Funding Group added three industry veterans to its sales team: Rob McKenna as vice president and senior account manager, Jamie Halas as business development officer and Judi Faust as regional sales manager. read more

CSC Leasing Hires Industry Veteran Pfeffer as Executive Director

CSC Leasing, a provider of equipment and technology leasing solutions, appointed industry veteran Jeff Pfeffer as executive director. Pfeffer brings deep knowledge, experience and expertise through his 35 years of working in, founding and leading leasing companies. read more

Wells Fargo Appoints Head of Technology and Head of Consumer Technology

Wells Fargo appointed Bridget Engle as Senior Executive Vice President (SEVP) and Head of Technology, reporting to Wells Fargo CEO Charlie Scharf and joining the company’s operating committee, effective August 12, 2024. read more

CIT Commercial Services Provides Up to $48MM in Financing to Crown Crafts

First Citizens Bank’s CIT Commercial Services unit provided up to $48 million in financing to Crown Crafts. The financing included a $5 million upsize to a $40 million committed ABL revolving line of credit and a $8 million term loan. read more

Air Lease Delivers First of Six New Airbus A220 Aircraft to Croatia Airlines

Air Lease (ALC) delivered one new Airbus A220-300 aircraft to Croatia Airlines. This is the first A220 to join the Croatian carrier’s fleet and the first of six new A220 aircraft confirmed to deliver to the airline from ALC’s orderbook with Airbus. read more

Air Transport Services Group Delivers Two Boeing 767s to Georgian Airways

Air Transport Services Group (ATSG), through its leasing subsidiary, Cargo Aircraft Management (CAM), recently delivered two Boeing 767-300 aircraft to Georgian Airways of Tbilisi, Georgia under multi-year leases. read more

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