Aircastle Q1 results weighed down by Avianca and Jet failures
Aircastle took roughly a 10% delta y-o-y—on its rental yields and net cash margins in Q1 2019 following the bankruptcies of just two of its 86 lessees, Jet Airways (India) and Avianca Brazil (Brazil).
Airlines snapping up aircraft bargains left by HNA
New aircraft not taken up by HNA Group subsidiaries are being leased and purchased at discount prices. more