Air Lease delivered one new Airbus A321-200neo LR aircraft on long-term lease to Air Arabia. This aircraft, featuring CFM International LEAP-1A32 engines, is the sixth of six new A321-200neo LRs to deliver to Air Arabia from Air Lease’s order book with Airbus. read more
APR 15, 2021 - 6:09 am
The American Association of Commercial Finance Brokers will host its annual Commercial Financing Expo virtually this May. The expo will be held from May 5 to May 7. read more
APR 12, 2021 - 6:50 am
Total bankruptcy filings fell more than 40% in January 2021 compared to last year, according to data provided to the ABI by Epiq. Commercial chapter 11 filings in January 2021 totaled 479, a 24% drop from the 631 commercial chapter 11 filings in January 2020. read more
FEB 8, 2021 - 5:00 am
Annual equipment and software investment is expected to grow 11.2% in 2021 and U.S. GDP is expected to grow 5.7% in 2021, according to the Q2 update to the 2021 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation. read more
APR 14, 2021 - 6:39 am
Annual equipment and software investment is expected to grow 11.2% in 2021 and U.S. GDP is expected to grow 5.7% in 2021, according to the Q2 update to the 2021 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation. read more
APR 14, 2021 - 6:39 am
Preliminary reports from trailer OEMs indicate that 29,500 new trailer orders were booked in March, according to ACT Research. That was 12% better than February and more than triple the volume seen last year. read more
APR 15, 2021 - 6:04 am
The American Cancer Society projects that 281,550 women will develop invasive breast cancer in the U.S. in 2021. To show support and help spread awareness, Onset Financial changed the logos on its building to hot pink and Onset Gives, the 501(c)(3) philanthropic branch of Onset Financial, will completely shift its focus to breast cancer. read more
APR 16, 2021 - 6:46 am
ING appointed Andrew Bester a member of the management board banking and head of wholesale banking. Bester will officially take up his position on April 6, succeeding Isabel Fernandez, who stepped down on Dec. 31. read more
MAR 25, 2021 - 6:07 am
Travelers Capital chose Ritchie Bros. as its preferred disposition agent and Ritchie Bros.’ affiliate Rouse Appraisal Services as its valuation partner for appraisal services on all heavy equipment financing transactions. read more
APR 14, 2021 - 6:37 am
According to LeaseAccelerator and EY’s 2021 Global Lease Accounting Survey, while lease accounting standards for public companies have been around since 2019, there is still an opportunity to drive ROI from the investments made in adopting the standards. read more
MAR 19, 2021 - 6:26 am
Jennifer Cunningham and Ronald P. Perry joined Moritt Hock & Hamroff’s trusts and estates practice group. Both joined the firm as associates. Cunningham will work in the firm's New York City office and Perry will work in the firm's Garden City, NY, office. read more
APR 16, 2021 - 6:34 am
United Rentals and General Finance entered into a definitive agreement under which United Rentals will acquire General Finance for $19 per share in cash, representing a total enterprise value of approximately $996 million, including the assumption of $400 million of net debt. read more
APR 16, 2021 - 6:41 am
JPMorgan Chase Commercial Banking launched a green economy specialized industry team, which will be led by Brian Lehman, who was named the head of green economy. read more
APR 9, 2021 - 6:32 am
In its 2021 Current Aircraft Finance Market Outlook, Boeing projects global and diversified funding will continue to flow into the aircraft financing sector as the aviation sector navigates the global COVID-19 pandemic and vaccine deployment continues to accelerate. read more
APR 15, 2021 - 6:15 am
Aviation Capital Group, an aircraft asset manager, promoted Carter White to chief revenue officer, effective May 1. White joined Aviation Capital Group in 2016 as head of aircraft trading. read more
APR 16, 2021 - 6:37 am
Sheffield Financial, a division of Truist Bank, and Kawasaki Motors agreed to a multi-year financing services program agreement. read more
MAR 22, 2021 - 6:17 am
Willis Lease Finance reported annual total revenues of $288.7 million for the year ended Dec. 31, 2020. The company reported lower revenue in 2020 when compared with 2019, primarily due to the impact of the COVID-19 pandemic. read more
MAR 16, 2021 - 6:37 am
Textainer Marine Containers VII Limited (TMCL VII), an indirect, wholly-owned subsidiary of Textainer, priced a new debt offering of $651 million of fixed-rate asset-backed notes, comprised of $605 million in Class A notes and $46 million in Class B notes. read more
MAR 31, 2021 - 6:27 am
Terry Mulreany
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