Trusted, expert assessment of the latest industry trends from the respected Ishka team, including regional analysis, airlines, lessors and critical emerging issues.
After a muted August for unsecured lessor bond issuance, several key players have returned to the market. more
30/09/2025
Ashland Place’s new $414.4 million loan ABS has priced, achieving a record-low spread on its senior tranche. more
30/09/2025
Ishka's asset managers datasheet provides a summary of recent news, activity, and metrics of aircraft asset managers in Q3 2025. more
29/09/2025
Alternative lender Ashland Place is back in the ABS market with its second issuance, APL Finance 2025-1 – a $414.4 million four-tranche aviation loan securitisation. more
26/09/2025
Engine lessors were candid about the difficulty in investing in the latest technology narrowbody aircraft engines, arguing that the lack of information and data surrounding performance, time on wing, maintenance, and residual values made new technology engines especially difficult to model. more
25/09/2025
Azul filed its Chapter 11 plan of reorganisation in the US Bankruptcy Court for the Southern District of New York as it seeks to eliminate more than $2 billion of debt and raise around $950 million in new capital. more
24/09/2025
Delegates at Ishka’s Japan conference signalled strong interest for either JOL or JOLCO transactions involving engines, as the local investor market continues to warm up to the asset class. more
23/09/2025
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
22/09/2025
Insurers have been blocked from appealing a June 2025 London High Court decision while cases remain ongoing in the US with a “second wave” of operator policy claims expected to be heard next year. more
19/09/2025
Ishka updates a report looking at the services offered by Castlelake's new lending arm – Merit AirFinance more
19/09/2025
In response to a reader's request, Ishka is providing a quick snapshot of expected unlevered returns for commercial aircraft engines, based on surveyed engine lessors and traders. more
18/09/2025
Navigator 2025-1, the third and latest aircraft lease ABS issuance from the Navigator platform, has priced. more
18/09/2025
Ishka provides a status update on the Pratt & Whitney GTF engine, including Pratt’s attempts to expand its MRO network, improve time-on-wing, and updates to the engine’s revised hot-section. more
16/09/2025
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