Air Lease delivered the first of 25 new Boeing 737-8 aircraft to Malaysia Airlines Berhad from its order book with Boeing. Featuring CFM LEAP 1B-27 engines, this new Boeing aircraft is the first 737-8 addition to enter Malaysia Airlines’ fleet. read more
NOV 22, 2023 - 6:30 am
Textainer Group, a lessor of intermodal containers, announced the expiration of the 30-day “go-shop” period under the terms of the definitive agreement it entered into to be acquired by Stonepeak, an alternative investment firm specializing in infrastructure and real assets. read more
NOV 22, 2023 - 6:28 am
SMBC Aviation Capital ordered an additional 60 Airbus A320neo family aircraft. The new order takes the international aircraft leasing company’s cumulative firm order book for the A320neo and A321neo to 184. read more
NOV 22, 2023 - 6:27 am
Corcentric, a provider of procurement and finance solutions, appointed Tom Spencer senior vice president and head of its accounts payable solutions sales division. Spencer’s experience includes senior leadership roles with Intuit and AvidXchange. read more
NOV 22, 2023 - 6:25 am
According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for October was $10.4 billion, down 8% year over year from new business volume in October 2022. read more
NOV 21, 2023 - 7:13 am
The Greenbrier Companies, a supplier of equipment and services to the global freight transportation markets, completed a follow-on offering of railcar asset-backed securities, securing long-term financing for its leasing business. read more
NOV 21, 2023 - 7:11 am
Amur Equipment Finance entered into an agreement to provide a lease-to-own financing program to for qualified customers of SmithCo, a side dump trailer designer and manufacturer. read more
NOV 21, 2023 - 7:08 am
Law firm Simpson Thacher & Bartlett promoted Amanda H. McGovern to senior counsel for its private funds and family office practice in New York while elevating 23 other professionals to counsel across multiple disciplines, including capital markets and M&A. read more
NOV 21, 2023 - 7:06 am
According to ACT Research’s latest Freight Forecast, U.S. Rate and Volume Outlook report, freight markets are expected to continue bouncing along the bottom in the near term, with some holiday volatility and a change in trajectory on the way next year. read more
NOV 21, 2023 - 7:00 am
Summit Ridge Energy, a commercial solar company, announced a $275 million expansion of its existing partnership with MUFG through two new debt facilities. The $275 million upsize increases the previous $100 million partnership between Summit Ridge Energy and MUFG. read more
NOV 21, 2023 - 6:58 am
Aircraft lessor AerCap acquired five General Electric GE90-115B engines from Sanad, the global aerospace engineering and leasing solutions company wholly-owned by Abu Dhabi's sovereign investor, Mubadala Investment Company. read more
NOV 21, 2023 - 6:56 am
SunExpress, a joint venture of Turkish Airlines and Lufthansa, committed to purchase up to 90 single-aisle Boeing jets at the Dubai Airshow earlier this month. read more
NOV 21, 2023 - 6:55 am
Channel completed a second equipment finance securitization, a $190 million issuance of asset-backed notes collateralized by a portfolio of equipment receivables. The notes consist of four classes, rated AA (sf), A (sf), BBB (sf) and BB+ (sf) by Kroll Bond Rating Agency. read more
NOV 20, 2023 - 6:58 am
According to Fleet Advantage’s latest benchmark survey, when asked what type of financing options would make the most sense for adopting alternate fuel trucks, 52% of respondents said they would prefer a lease finance structure. read more
NOV 20, 2023 - 6:56 am
Vmo Aircraft Leasing executed a sale and leaseback transaction for one Boeing 737 MAX 8 aircraft with Latvia-based operator SmartLynx Airlines. The aircraft was delivered to the airline in late October. read more
NOV 20, 2023 - 6:55 am