12/05/2020

Public lessors Q1: Covid onset results in mild hit to lease revenues

Fly, ALC, and AerCap finished Q1 2020 with mild declines to their operating lease revenue, as the bulk of lease deferrals agreed with airline customers have yet to hit lessors’ balance sheets.


More related insights:

Castlelake to fund lessors and airlines as banks ‘step back’ from the sector

Aviation asset manager and investment firm Castlelake, L.P has launched a new aviation private placement lending programme this month, hiring Armin Rothauser, previously at Starwood Capital and Deutsche Bank, to lead the new programme. more

25/11/2020

in Lessors and Lease Rates , Aircraft Finance Market

Public lessors Q3: Airline rent deferral demands dip but could return as winter approaches

Three publicly traded lessors, Air Lease Corporation (ALC), AerCap and Fly Leasing (Fly) granted $45 million in rent deferrals in total to their lessees in Q3, just 10% of the amount booked in Q1 2020, as the pace of airline rental forbearance requests slowed down since the start of the year. more

23/11/2020

in Lessors and Lease Rates

Fly posts $8.3m loss with rent collections at just 53%

Fly Leasing (Fly) slid into the red this quarter, booking a net loss of $8.1 million as aircraft sales stalled and carriers struggled to meet their lease payments. more

19/11/2020

in Lessors and Lease Rates

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