Monday 14 September 2020
E190s stave off retirement as carriers clinch cheap lease extensions
The Covid-19 pandemic has extended the operating life of many E190 jets, explain regional jet lessors, many of which were facing a “foul” wave of retirements.
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
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
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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
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