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Q1 2024: Engine buyers predict lease rates will continue to rise

Aircraft engine buyers surveyed by Ishka have confirm that some single-aisle engine lease rates nearly doubled between the start of 2023 and 2024, with the majority arguing lease rates for narrowbodies engines will continue to rise for the rest of the year. more

11/04/2024

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

10-year-old aircraft values, lease rates expected to continue rising amid OEM delays and capacity constraints

Welcome to the 122nd ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

08/04/2024

in Aircraft values, Lease Rates & Returns

SMBC Aviation Capital CEO: 'More Boeing woes could cause lease rates to rise further'

SMBC Aviation Capital CEO Peter Barrett talks to Ishka about rising lease rates, how a weak Japanese Yen is impacting aircraft leasing and the difficulties of M&A in the aircraft leasing space. more

27/03/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Other

5-year-old aircraft values, Japan Airlines' post-pandemic rebound, Asian carriers bulk up their orderbooks

Welcome to the 121st ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

25/03/2024

in Aircraft values, Lease Rates & Returns

Ishka London: US PE explores aviation opportunities, but European investors hesitant to boost allocations

Multiple sources have confirmed that there has been an uptick of interest from private equity (PE) investors for aircraft opportunities in 2024 – a stark contrast to last year which was noticeably difficult for new fundraises, particularly in aviation. more

21/03/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Other

Aircraft Buyers List March 24: Which aircraft are lessors targeting?

This is the 9th edition of Ishka’s aircraft buyers list, where Ishka summarises a list of potential and active buyers of leased aircraft on the secondary market. Ishka recorded eight new aircraft trades and added two new firms to the list since the last update on January 23rd, 2024. more

19/03/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

How FX issues are impacting Japanese aircraft investors, Falko closes NAC trade

Aircraft asset managers confide that currency movements are starting to impact Japanese investor appetite and behaviour when it comes to aircraft investments. Separately Ishka examines UK lessor Falko Regional Aircraft recent acquisition of 24 regional jets. more

18/03/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Other

New-build aircraft values, American’s bumper order, airlines scale back MAX delivery expectations

This is the 119th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

13/03/2024

in Aircraft values, Lease Rates & Returns

ISTAT Austin: Lessors CEOs debate peak aircraft shortage and M&A

Aircraft lessor CEOs speaking at the ISTAT Americas conference in Austin in early March discussed rising lease rates, aircraft shortage and potential M&A. more

08/03/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

15-year old aircraft values, Cargo market softens, Tibet Airlines orders 40 COMAC C919s

Welcome to the 119th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

28/02/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

AerCap Q4 2023: OEM ramp-up won’t stop aircraft shortage

A return to pre-shock OEM production levels would only be the first step towards steadying a supply-demand imbalance that shows “no signs of ending anytime soon,” AerCap CEO Aengus Kelly told the lessor’s Q4 2023 earnings call. more

27/02/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

10-year-old aircraft values, Airbus delivers 30 aircraft in January, Aircastle settles with two Russian airlines

Welcome to the 118th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

12/02/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

Remarketing Watch Data Sheet: High demand continues to limit current-tech narrowbody availability

This Data Sheet provides a snapshot of aircraft currently being remarketed on three of the main remarketing sites. more

07/02/2024

in Aircraft values, Lease Rates & Returns

5 year-old aircraft values, Akasa Air orders 150 B737 MAXs, Cargojet cancels B777 freighter expansion

Welcome to the 117th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

31/01/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

New-build aircraft values, Genesis acquires six B737-800s, Year-end order frenzy

Welcome to the 116th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

16/01/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

Ishka extends 2023 Ishka Deals of the Year Award submissions

After several requests for extensions, Ishka has pushed back the deadline for 2023 deal of the year submissions till the 26th of January. more

10/01/2024

in Aircraft values, Lease Rates & Returns , Other , Aviation Banks and Lenders

Remarketing Watch Data Sheet: Availability still low heading into New Year

Total aircraft availability remains lower than historic levels heading into the new year, with 364 aircraft being actively remarketed on sites analysed by Ishka. more

04/01/2024

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

Lessors prepare January aircraft sale portfolios

Ishka hears that several aircraft lessors are preparing aircraft portfolios for sale in January in what is expected to be an unusually busy January for lessor traders. more

02/01/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

‘Why we invested in widebodies’ – Azorra on the Voyager acquisition

Azorra president Ron Baur speaks to Ishka about the lessor's acquisition of Voyager, crossover aircraft leasing, and why the firm is entering the widebody market. more

01/01/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

15 year old aircraft values, FTAI acquires CFM56-5B and -7B engine module maintenance firm

Welcome to the 115th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

19/12/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

Ashland Place markets debut aircraft loan ABS

Aviation alternative lender Ashland Place Finance (Ashland) is currently in the market with a debut $324.3 million aircraft loan ABS, Ashland 2023-1. more

11/12/2023

in Aircraft values, Lease Rates & Returns , Aviation Banks and Lenders

Ishka 2023 Deals of the Year Award submissions now open!

Ishka is now accepting submissions for its Deal of the Year Awards. The Ishka Deal of the Year Awards celebrate the best-closed aircraft financings of 2023. more

08/12/2023

in Aircraft values, Lease Rates & Returns , Capital Markets , Aviation Banks and Lenders

10-year-old aircraft values, COMAC elaborates on new C919 variants

Welcome to the 114th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. This report examines how aircraft types are faring through current events; which types are in favour; which are ‘on watch’; and which are most exposed or impacted by the evolving aircraft environment. more

07/12/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

Turboprops: Could ESG concerns help their commercial outlook?

It is often said that the best solution to a problem is the easiest one, and yet as the airline industry pours time and effort into strategies to decarbonise short-haul flying, one readily available option is seldom mentioned: re-fleeting with turboprops. more

04/12/2023

in Aircraft values, Lease Rates & Returns , ESG & Regulation

Airlines likely to see LRFs rise for Autumn SLB RFPs

Lessors indicate that lease rate factors (LRFs) on new deals are starting to rise as more lessors are being forced to price in the current higher cost of debt, which in turn, is increasing the minimum LRFs lessors can offer. more

30/11/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

RTX: hundreds of additional GTF inspections to ground A320neos

Around 600 to 700 incremental shop visits will be required for Pratt & Whitney (P&W) PW1100G A320neo engines over the next three years. more

14/09/2023

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

Which 2022 airline start-ups are still flying in September?

Ishka research shows that 22 out of the 26 of the airline start-ups (84.6%) that began operations in 2022 are still flying at the start of September 2023. more

01/09/2023

in Aircraft values, Lease Rates & Returns , Airline trends & analysis

Pricing Benchmark: MAX prices keep up with A320neos

Aircraft values for both the Airbus A320neo and Boeing 737 MAX have rebounded to pre-COVID-19 levels, with no material delta between the two aircraft types, according to research from Ishka’s Aircraft Pricing Benchmark team. more

31/08/2023

in Aircraft values, Lease Rates & Returns

15-year-old aircraft values, DAE takes CALC's MAX orders, 767 and A321 cargo interest grows

This is the 107th in a series of supplements to Ishka’s ‘Transaction Economics’ service which delivers ‘the Ishka View’ on events that have a bearing on aircraft values, lease rates, and the market dynamics that matter, under today’s market environment. more

30/08/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

Standard Chartered sells aircraft leasing arm and loan book to AviLease and Apollo

Riyadh-based aircraft lessor AviLease is set to buy the leasing arm of Standard Chartered in a $3.6 billion deal. more

29/08/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Aviation Banks and Lenders

Unlevered SLB returns drop on competitive bidding

Unlevered returns (IRRs) for new-technology narrowbody aircraft sale/leasebacks have declined in the second quarter of the year due to increased competition amongst bidders, according to Ishka analysis. more

28/08/2023

in Aircraft values, Lease Rates & Returns

Remarketing Watch Data Sheet: Total number of passenger aircraft being remarketed drops in August

This Data Sheet provides a snapshot of aircraft currently being remarketed on three of the main remarketing sites. more

24/08/2023

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

10-year-old aircraft values, lessor aircraft sales pick up, airlines upgauge NB orders

This is the 106th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

21/08/2023

in Aircraft values, Lease Rates & Returns

SLB returns: Unlevered IRR and NPV analysis

This data sheet is an illustrative look at net present values (NPVs), and unlevered returns (IRRs) for six hypothetical sale/leaseback (SLB) transactions informed by rumoured pricing terms of real SLB deals concluded between May and July 2023. more

02/08/2023

in Aircraft values, Lease Rates & Returns

5-year-old aircraft values, Boeing targets MAX production increase

This is the 105th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

01/08/2023

in Aircraft values, Lease Rates & Returns

Lessors enter final stages for summer SLB mandates

Multiple airlines are in the final stages of mandating lessors for their various summer sale/leaseback (SLB) RFP processes. more

26/07/2023

in Aircraft values, Lease Rates & Returns

Remarketing Watch Data Sheet: Boeing 737s making up nearly half of available freighters

436 aircraft being remarketed on sites analysed by Ishka - 370 passenger aircraft and 66 freighters. more

25/07/2023

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

Sale/leaseback update Q2 2023

Ishka's data sheet provides a summary of recent sale/leaseback (SLB) transactions, request for proposals (RFP), key figures and active bidders. more

21/07/2023

in Aircraft values, Lease Rates & Returns

Briefing: Rising EU ETS prices – a boon for neos and MAXs?

Ishka delves into CO2 emissions data powered by PACE and BloombergNEF’s EUA price forecasts to pit new versus old - neos and MAXs versus ceos and NGs - to calculate their future monthly EU ETS cost delta. more

20/07/2023

in Aircraft values, Lease Rates & Returns , ESG & Regulation

New-build aircraft values, DHC launches fifth generation twin otter

This is the 104th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

17/07/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

Pratt & Whitney mulls further LLP escalation hike

Ishka understands that engine manufacturer Pratt & Whitney is mulling a further hike in escalation costs for Life Limited Parts (LLPs) for the V2500 engine. Ishka ponders what this may mean for engine owners. more

20/06/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

5-year-old aircraft values, Airbus outlines new narrowbody design, SpiceJet seeks additional lift

This is the 102nd in a series of supplements to Ishka’s ‘Transaction Economics’ platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

19/06/2023

in Aircraft values, Lease Rates & Returns

Aircraft trading: Bid spreads narrow as aircraft buyers’ appetite sharpens

Traders confirm bids are narrowing for both single-aisle and widebody aircraft over the last 12 months, across vintages, as trading conditions appear to have broadly eased in the secondary market. more

16/06/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

Quick takes: IATA sees airlines in the black, USD LIBOR deadline looms, A380s abound

IATA revises its 2023 profit outlook, a reminder that lessors and airlines have technically less than a month to go before the USD LIBOR panel ceases to exist, and a look at the Airbus A380 secondary market. more

07/06/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

10-year-old aircraft values, bumper Riyadh Air order among expected large Paris Air Show announcements

This is the 101st in a series of supplements to Ishka’s ‘Transaction Economics’ platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

05/06/2023

in Aircraft values, Lease Rates & Returns

Remarketing Watch Data Sheet: A320ceo continues to lead listings

This Data Sheet provides a snapshot of aircraft currently being remarketed on three of the main remarketing sites.  more

02/06/2023

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

Quick takes: The race for Voyager, Boeing chief’s 2025 supply chain warning, traders talk widebodies

More M&A news this week as multiple rumours surround the various parties bidding for Voyager Aviation Holdings (VAH), formerly known as Intrepid Aviation Group. Meanwhile, lessors speaking at Ishka’s Dublin event last week stated there had been more interest from buyers looking to acquire twin-aisle aircraft. more

30/05/2023

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines