Trusted, expert assessment of the latest industry trends from the respected Ishka team, including regional analysis, airlines, lessors and critical emerging issues.
Why are JSA and Goshawk’s aircraft orders so significant?
Ishka examines the implications of two speculative aircraft orders by aircraft lessors, Goshawk Aviation and Jackson Square Aviation. more
17/07/2018
Operators still prefer production freighters to conversions
A boom in air freight has resulted in an undersupply of available aircraft, but operators still prefer production freighters to conversions. more
16/07/2018
Aircastle flexes new investment grade muscles
Dickon Harris interviews Aircastle’s CEO, Mike Inglese, about the firm’s plans following two investment grade ratings from both Fitch and S&P. more
12/07/2018
North American carriers yields hold up but rising fuel and labour costs hit operating profits
Ishka studies the North American airlines’ operating profitability in light of the inflationary pressures from higher crude oil prices and labour expenses. more
10/07/2018
Amedeo eyes London fund market for Intrepid fleet
Ishka speaks with Amedeo's CEO, Mark Lapidus, about the recent merger with Intrepid and his plans for the A380. more
04/07/2018
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Intrepid: what exactly have Amedeo acquired?
Ishka looks at Intrepid's fleet financing arrangements. more
03/07/2018
in Lessors and Lease Rates , Aircraft Finance Market
Intrepid and Sky Leasing purchases bode well for more leasing platforms sales
Dickon Harris offers highlights from Ishka’s Dublin festival. more
02/07/2018
FastJet comes off life support (again)
The LCC is fighting for its life, Ishka looks at the carrier’s fleet financing arrangements. more
29/06/2018
in Lessors and Lease Rates , Airline Profiles , Aircraft Finance Market
Lessors forced to wait for MRO slots
A spike in MRO activity is forcing aircraft lessors to wait for availability to overhaul aircraft and engines. more
25/06/2018
in Lessors and Lease Rates , Aviation financings , Aircraft Finance Market
Lessors maintain claims against Monarch Airlines
Administrators and ex-lessors are in dispute over security deposits and maintenance reserves. more
22/06/2018
Lessors limit impairments despite airline bankruptcies
In this Insight, Ishka reviews the asset quality performance of the major listed lessors during 2017. more
21/06/2018
FLY Leasing: all set for an ambitious expansion?
FLY Leasing’s self-proclaimed “transformative” acquisition of AirAsia is looking set to close in Q3 as required approvals come in, overshadowing somewhat Fly’s solid performance in Q1 2018. more
21/06/2018
GECAS is first aircraft ABS issuer to use equity asset manager
Och-Ziff will manage the equity portion on GECAS’ START 2018-1 more
19/06/2018
in Lessors and Lease Rates , Capital Markets , Investor Education , Aircraft Finance Market
Which lessors are growing the fastest?
Ishka identifies some of those companies involved in the leasing space that have expanded their portfolios the most over the last three years. more
18/06/2018
Lessors insist buyers take ‘the sweet with the sour’ with aircraft portfolio trades
Lessors have indicated that trading remains robust as sellers receive multiple bids for leased aircraft portfolios. more
15/06/2018
Airlines adjust to more lease novations
Ishka reviews airline novation charges for lessors. more
12/06/2018
in Lessors and Lease Rates , Airline Profiles
ALC’s ambitious growth plan is underway
Ishka explores ALC’s Q1 results in the light of its recently announced growth plans. The lessor is in an acquisition mode, looking to supplement its deep orderbook with opportunistic purchases in the open market. more
11/06/2018
GECAS launches START 2018-1 ABS, Castlelake prices fifth ABS
Castlelake has priced its fifth aircraft ABS while GECAS is in the market with its eleventh aircraft securitisation. more
08/06/2018
Market shows c.$4m spread in A320neo and 737 MAX values
Market shows c.$4m spread in A320neo and 737 MAX values more
07/06/2018
in Aircraft Asset Profiles , Lessors and Lease Rates , Aircraft Finance Market
AerCap thrives despite Monarch and Air Berlin effect
AerCap's active trading showcased the lessor's platform in Q1 2018 despite deterioration in some metrics. Ishka takes a closer look and is not concerned. more
06/06/2018
Castlelake to acquire 23 aircraft for fifth ABS
Aircraft fund manager returns to the ABS market with CLAS 2018-1. more
05/06/2018
in Lessors and Lease Rates , Aviation financings , Aircraft Finance Market
The Investor View: M&G Investments
Matthew O’Sullivan, Co-Head of ABS Credit Research at M&G investments discusses the aviation finance investment landscape. more
02/06/2018
in Aviation financings , Investor Education
FX issues dampen Korean investor demand
Cost of currency swaps is making senior debt uneconomic for Korean investors. more
31/05/2018
in Capital Markets , Aircraft Finance Market
Avation becomes a full-service lessor
Ishka examines Avation PLC’s evolution into a full-service lessor and its recent aircraft trading activity. more
28/05/2018
Q1 2018 Traffic Update: Year-on-year load factors pick up
As part of a regular series looking at the trends in air traffic and capacity, in this week’s Insight, Ishka reviews the traffic and capacity changes during the first quarter of 2018. more
23/05/2018
Rising swap rates put further pressure on returns
As 5-year USD swaps broke the 3% barrier last week Ishka examines what impact this is having on new aircraft leases. more
18/05/2018
Equity returns squeezed for leased aircraft
Investors report to Ishka that equity returns are compressing for leased aircraft. more
17/05/2018
in Lessors and Lease Rates , Aircraft Finance Market
GECAS portfolio sale confirms buoyant aircraft trading market
Ishka examines Q1 leased aircraft sales. more
15/05/2018
Case study: Lessors place Monarch aircraft
Ishka examines where the fleet of leased Monarch aircraft has gone, who is now operating them – and how long the process took. more
14/05/2018
in Lessors and Lease Rates , Investor Education
Is new equity here to stay?
Ishka reports from ISTAT’s Asia event in Singapore. more
11/05/2018
in Capital Markets , Investor Education , Aircraft Finance Market
When and why size matters for leasing companies
Ishka examines the value of size in aircraft leasing platforms. more
10/05/2018
Slots still risky for financiers as collateral despite Monarch victory
Monarch’s creditors recently won the right to trade the defunct carrier’s airport slots after an appeal but White & Case, in a guest report, argues that slots still represent uncertain collateral for financiers. more
08/05/2018
Turboprops forever?
Ishka examines ATR and Bombardier’s plans for updating their turboprop offering - an aircraft market largely unchanged since the 1980s. more
01/05/2018
Norwegian plans to divest up to 140 aircraft
The low-cost carrier wants to free up its balance sheet and reduce costs by moving away from operating leases. more
30/04/2018
New 777-300ERs lease rates and prices down slightly
Ishka looks at lease rates and values for the Boeing 777-300ER as it approaches the end of its production life. more
27/04/2018
Merx uses debut ABS to help switch to full servicer
Merx Aviation markets inaugural aircraft securitisation backed by 25 narrowbodies. more
24/04/2018
BOC Aviation moves away from floating rate leases
Ishka examines Singapore-based aircraft lessor BOC Aviation's latest results as it undergoes substantial expansion and shifts away from a floating rate business model. more
23/04/2018
Would lease transparency create more liquidity in aviation?
Attendees Ishka’s Investing in Aviation Finance event in London debate transparency. more
20/04/2018
Aviation Schuldschein: NAC repeats issue, no new entrants
Nordic Aviation Capital returns to the Schuldschein market with a $105 million issuance. more
19/04/2018
Will European investors stick with aviation as interest rates rise?
Ishka summarises some of the key takeaways from Ishka’s Investing in Aviation Finance Europe Conference held in London. more
17/04/2018
ALC uses tax boost to shop for aircraft
Ishka reviews Air Lease Corporation’s FY2017 results, as it preps for a higher interest rate environment to its planned shopping spree made possible by the U.S. tax changes. more
16/04/2018
The hidden rationale behind IAG’s potential bid for Norwegian
Ishka examines why IAG may be planning to take over a vulnerable Norwegian Air Shuttle. more
13/04/2018
in Airline Profiles , Ishka insights , Aircraft Finance Market
Improving Azul benefits from Brazilian recovery
Macroeconomic recovery in Brazil helped Azul to return to the black in 2017. But is Azul in a position to leverage the growth in the market? Ishka studies Azul’s strengths and weaknesses in this ‘Airline Credit Profile’. more
11/04/2018
Appraisers indicate prices firm for current tech narrowbodies
A consensus value of a group of ISTAT certified appraisers, polled by Ishka, reveals A320ceo and 737s are retaining their value despite the increasing number of NEOs and MAXes. more
10/04/2018
Lack of transparency holds back aircraft ABS secondary market
A lack of hard information is keeping secondary investors away from a booming market. more
09/04/2018
Jet Airways struggles to reduce debt pile
The continued confidence of shareholder Etihad Airways, is crucial to the airline’s future. more
06/04/2018
UAE banks react to fewer Emirates and Etihad deliveries
Ishka reviews UAE aviation finance banks. more
04/04/2018
How AirAsia Capital purchase will change Fly Leasing
Ishka reviews Fly Leasing’s Q4 and FY2017 results in light of its recent large-scale acquisition of the AirAsia Capital portfolio. more
03/04/2018
The Aviation Investival : Hong Kong
Sep 5, 2018
Sheraton Hong Kong Hotel & Towers, Hong Kong
Ishka’s inaugural Hong Kong conference connects institutional investors to the dynamic Asian aviation finance market and is the first independent gathering of the investor community in East Asia.More info
Investing in Aviation Finance : Japan - 航空機ファイナンス投資マスタークラス
Sep 11 - Sep 12, 2018
White & Case offices , Japan
Successfully navigating the aviation cycle
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