Today’s News

Air Lease Delivers Boeing 737 MAX 8 Aircraft to Travel Service

Air Lease delivered one new Boeing 737 MAX 8 aircraft on lease to Prague-based Travel Service (SmartWings).  read more

Ritchie Bros. Sells $44MM of Equipment at Fort Worth Auction

Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its live, unreserved auction in Fort Worth, TX. read more

Scorpio in Sale/Leaseback Agreements for Five Product Tankers

Scorpio Tankers agreed to sell and leaseback three product tankers and two LR2 product tankers to AVIC International Leasing. read more

Marks Named to Head Wells Fargo Commercial Capital, Blakey to Retire

Wells Fargo named David Marks, current head of Capital Finance, the successor to Ed Blakey, who is retiring, as head of Wells Fargo Commercial Finance. read more

Rush Enterprises Reports Passing of Founder W. Marvin Rush

Rush Enterprises announced its founder W. Marvin Rush passed away at age 79. Marvin Rush founded the company in 1965 and serve as the company’s CEO from its founding through 2006. read more

TCF Capital Funding Hires Three to Support Growth

TCF Capital Funding hired Sean Morrissey and Amanda Scott as senior associates and Shondolyn Jackson as a collateral analyst. The new hires will support the needs of TCF’s national client base. read more

China Dominates Global Bank Rankings; Wells Fargo Loses No. 10 Spot

According to a report from S&P Global, Chinese banks collectively hold the largest share of total assets held by the top 100 global banks. Credit Agricole replaced Wells Fargo in the No. 10 slot by $165 million. read more

WTO Rejects Vast Majority of U.S. Claims in Airbus Dispute

The European Commission welcomed a report in the dispute brought by the U.S. on support to Airbus. The report rejected the vast majority of the U.S. allegations that the EU had not complied with the WTO findings. read more

Start-Up Your Leasing Solution Now Live on ASPIRE v5

Your Leasing Solution, a start-up independent leasing company, has gone live with LeaseTeam’s end-to-end ASPIRE v5 system. read more

ACT: April’s NA Class 8 Orders Continue Above-Capacity Trend

ACT Research reported that North American Class 8 net orders totaled 34,735 units in April. read more

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Terry Mulreany
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