Trusted, expert assessment of the latest industry trends from the respected Ishka team, including regional analysis, airlines, lessors and critical emerging issues.
Six lessors have confirmed to Ishka that they plan to sell aircraft portfolios in the second half of 2025. more
15/09/2025
The recent $28.2 billion acquisition of Air Lease Corporation by Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield is one of the most significant recent mergers in the aircraft leasing space. more
12/09/2025
Aircraft retirements in 2025 are expected to fall short of 2024 levels, according to Ishka estimates, reflecting limited replacement capacity as Boeing and Airbus continue to lag on deliveries. more
11/09/2025
PK AirFinance’s latest aviation loan ABS, PKAIR 2025-2, has priced. more
10/09/2025
The dual tranche issuance is the third from the Navigator JV between DAE and PIMCO, following last year’s Navigator 2024-1 and 2021’s Navigator 2021-1. more
10/09/2025
Lessors confide that “dozens” of A320ceos could hit the market as a result of the Spirit’s second foray into Chapter 11 bankruptcy protection. more
09/09/2025
Spirit Airlines' $519 million sale-and-leaseback agreement with GA Telesis has been terminated, according to a bankruptcy court filing. more
08/09/2025
Apollo-backed alt lender PK AirFinance is in the market with its second aviation loan ABS of the year, PKAIR 2025-2. more
05/09/2025
There are 288 aircraft being actively remarketed on sites tracked by Ishka as of 4th September. more
04/09/2025
Titan Aviation Leasing (Titan) is understood to already be in the process of buying widebodies for its second freighter fund Titan Aircraft Investments II (TAI 2) whose successful closure was announced this week. more
04/09/2025
Sumitomo, SMBC Aviation Capital, Apollo and Brookfield have agreed a deal to acquire Air Lease Corporation in an all-cash transaction. more
03/09/2025
Spirit Airlines has entered Chapter 11 bankruptcy proceedings for the second time in 12 months, after its previous restructuring failed to prove sustainable. more
01/09/2025
This is the 21st edition of Ishka’s aircraft buyers list, where Ishka summarises a list of potential and active buyers of leased aircraft on the secondary market. more
01/09/2025
This is the 7th edition of Ishka’s Engine Buyers List, where Ishka profiles some of the most active commercial engine buyers in the secondary market. more
28/08/2025
Ishka research indicates that premiums for non-payment insurance (NPI) on new aircraft financings have lowered substantially over the past 12 months as insurance products compete to win mandates on a relatively small pool of available financings. more
27/08/2025
A typically muted August saw just two lessor unsecured bond issuances for a total of $208 million raised for what was the lowest monthly total to date this year. more
26/08/2025
Hanwha Aviation has been active since its inception 14 months ago, acquiring roughly 40 narrowbody engines, including LEAP and GTF, and launching Hanwha AeroTechnix – an FAA, EASA, and UK CAA engine MRO based in Miami. Ishka catches up with Hanwha Aviation’s Chief Investment Officer, Ben Pughe-Morgan, to find out what the next 12 months might look like. more
25/08/2025
There has been a noticeable absence of subordinated debt issuance in recent aircraft lease ABS transactions. more
22/08/2025
Ishka hears that some Japanese arrangers are asking for airlines to issue some RFPs up to a year in advance of delivery amid increased competition and deliveries. more
21/08/2025
Space Leasing International (SLI) CEO Praveen Vetrivel tells Ishka SAVi what has motivated the Libra Group subsidiary to become the first lessor to place a direct order for BETA Technologies’ ALIA CX300 CTOL aircraft. more
20/08/2025
Ishka catches up with Challenge Group’s CFO, Daniel Ganem, and chief investment officer Michael Koish about their financing and leasing needs, and how market values are shaping up for 767s, and older 747s and 777s. more
19/08/2025
Ishka's Transaction Update is a report series looking at the key trends, recent deal flow, and key announcements within aviation and aircraft leasing. more
18/08/2025
The latest Ishka loan datasheet examines recent loans for commercial aircraft lessors and airlines, and the dynamics impacting aircraft lenders. more
15/08/2025
The chart of the week looks at recent trends between the A330-300 and B777-300ER as more airlines seek lease extensions on their widebodies. more
14/08/2025
Airbus and Boeing aircraft on order by disclosed, non-leasing customers worldwide sit at around $929.7 billion by Ishka current market values as of the midpoint of 2025 more
13/08/2025
This edition of On Watch provides updates on Sky Airlines, VietJet, Garuda Indonesia, Turkish Airlines and Air Europa. more
11/08/2025
The Delhi Bench of India’s Income Tax Appellate Tribunal has ruled in favour of Irish lessors, rejecting the Indian tax authority’s attempt to recharacterise operating leases as finance leases. more
08/08/2025
Leasing unsecured debt issuance rose to its highest level in four months in July after a muted second quarter. more
07/08/2025
Air Lease indicated that the company has no immediate plans for new aircraft orders during its recent Q2 2025 earnings call with current pricing deemed unattractive. more
06/08/2025
A survey of asset managers conducted by Ishka reveal that average unlevered returns for previous tech aircraft assets have contracted further, dropping by 84bps in the last nine months. more
05/08/2025
Japanese investors are returning to aviation JOLCOs after environmental legislative changes, first introduced in 2023, have curbed the attractiveness of ship financings for some Japanese tax investors. more
01/08/2025
The improving aircraft supply environment is beginning to open the sale-leaseback channel for AerCap, CEO Aengus Kelly told the lessor’s Q2 2025 earnings call. more
31/07/2025
A new executive order, signed by President Trump, exempts aircraft, aircraft parts and their components from the new 50% tariffs being introduced on most Brazilian goods. more
31/07/2025
A substantial number of Embraer orders are for US customers - and therefore at risk from increased US tariffs on Brazil. more
30/07/2025
Embraer risks being left isolated in the tariff fallout as the United States and European Union agree on a new trade deal framework that will preserve "zero-for-zero" tariffs for Airbus and Boeing. more
30/07/2025
Recent tariff deals made by the US administration have seemingly been a boost for Boeing. more
28/07/2025
The number of aircraft being actively remarketed on sites tracked by Ishka rose in July, though still remains below historic levels. more
25/07/2025
JetZero CEO and co-founder Tom O’Leary tells Ishka SAVi about its blended wing aircraft programme’s funding trajectory, the financial contribution of its prospective customers, and interest by aircraft lessors. more
24/07/2025
Engine lessor CEOs speaking at Ishka’s Dublin conference argued that values and lease rates for previous generation engines had reached a natural peak. more
23/07/2025
Lease rates for V2500-A5 Select engines have broadly dropped in the second quarter of 2025, according to Ishka research, but prices for previous-generation narrowbody aircraft engines (CFM56-5Bs, CFM56-7Bs, and V2500s) have remained stable compared to the previous quarter. more
22/07/2025
JOLCO arrangers, aviation financiers and lawyers debate whether the implementation of the CTC in India could lead to a first Indian JOLCO. more
21/07/2025
Castlelake’s latest aircraft lease ABS, CLAS 2025-1, has priced, achieving a yield of 5.528% on its class A notes and a yield of 6.387% on its class B notes. more
21/07/2025
India’s Ministry of Civil Aviation has released new draft legislation, which threatens to undermine the protections introduced under the Cape Town Convention. more
17/07/2025
US fund manager and leasing firm Castlelake is back in the market with its second aircraft lease ABS of the year, CLAS 2025-2. more
16/07/2025
Aviation alternative lender margins tightened further in Q2 2025 according to Ishka research, with the average spread of regular deal flow now at 295bps over SOFR – marking the first time that margins have dropped below 300bps since Ishka began its quarterly survey in 2023. more
16/07/2025
Ishka takes a look at the Airbus and Boeing backlog as of 30th June 2025. more
15/07/2025
This is the 6th edition of Ishka’s Engine Buyers List, where Ishka summarises a list of some of the most active commercial engine buyers in the secondary market. more
14/07/2025
Two lessors have come to market with unsecured issuances in the first few weeks of July, issuing a total of $1.2 billion. more
10/07/2025
Ishka's Transaction Update is a report series looking at essential trends, recent deal flow, and key announcements within aviation and aircraft leasing... more
10/07/2025
Risk-adjusted margins on new aircraft loans and warehouse facilities have tightened further in the last three months, according to Ishka research, as lenders state the limited number of new aircraft deliveries is creating intense competition. more
10/07/2025