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Cargo Market Update: Boeing 747-8F lease rates increase alongside continued cargo market growth

IATA has recorded eight consecutive months of double-digit growth across the cargo market, stabilising lease rates for widebody freighters amid consistent demand for metal. more

30/09/2024

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

Remarketing Watch Data Sheet: September 2024

The number of aircraft being actively remarketed on sites tracked by Ishka stays around the 330 mark for the fourth month in a row. more

24/09/2024

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

New aircraft ABS notes achieve yields below 5.5%

Senior notes for new aircraft ABS deals are scoring yields below 5.5%, as investors warm to the asset class. September saw a flurry of activity as three aircraft lease securitisations and one aircraft loan ABS came to market, all of which have priced in the last 10 days. more

20/09/2024

in Aircraft values, Lease Rates & Returns , Capital Markets

Current-tech aircraft values: Hitting the top of the market?

Current-tech aircraft values have "peaked and plateaued" argue asset managers, something which has been confirmed by Ishka appraisal team, as airlines react to slower revenues. more

20/09/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

Quick take: Boeing pulls out of ISTAT EMEA

Aircraft manufacturer Boeing has pulled out of the ISTATA EMEA conference, a trade gathering for aircraft investors and financiers, after the OEM announced it was banning non-essential travel last week in the wake of ongoing strikes to help preserve cash. more

20/09/2024

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

Aircraft investors shoot for mid-teen returns

Ishka provides a guide to aircraft equity investors and their return expectations. more

03/09/2024

in Aircraft values, Lease Rates & Returns , Investor Briefings

Airlines reassess post-pandemic future, the rise in cargo demand

Welcome to Ishka's Transaction Update, a report series looking at essential trends, recent deal flow and key announcements within aviation and aircraft leasing. more

02/09/2024

in Aircraft values, Lease Rates & Returns , Other

An investors guide to: Training, Special Mission, and Subregional aircraft

In a guest Insight, Aldo Giovannitti from consultancy, Aernovum Aviation looks at pricing and opportunity presented by a class of alternative aircraft assets often overlooked by many investors – the training, special mission and subregional aircraft market. more

20/08/2024

in Aircraft values, Lease Rates & Returns , Investor Briefings

Remarketing Watch Data Sheet: August 2024

The number of aircraft being actively remarketed on sites analysed by Ishka remains in a plateau in August. more

15/08/2024

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

Aircraft Buyers List August 24: Which aircraft are lessors targeting?

This is the 13th edition of Ishka’s aircraft buyers list, where Ishka summarises a list of potential and active buyers of leased aircraft on the secondary market. Since the last update on 8th July 2024, Ishka recorded ten new aircraft trades. more

13/08/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

Sale/leaseback update Q3 2024

Ishka's data sheet provides a summary of recent sale/leaseback (SLB) transactions, requests for proposals (RFP), key figures and active bidders. more

08/08/2024

in Aircraft values, Lease Rates & Returns

On Watch: IAG scraps Air Europa Deal, Rex Airlines enters administration

International Airlines Group (IAG) has withdrawn from its agreement with Globalia to acquire Spanish LCC Air Europa (On Watch) following mounting pressure from the European Commission. more

06/08/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

SLB: IndiGo’s teaser, TAP’s RFP, TUI shortlists lessors

Several airlines have issued financing RFPs in the last few weeks as carriers try to catch the attention of financiers and lessors before the holiday season starts in earnest for the aviation finance industry. more

30/07/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

A weak Yen forces JOLCO and JOL returns to creep up

Unlevered returns for aircraft JOL and JOLCOs appear to have increased as a weak yen has forced Japanese investors to charge more for equity when funding aircraft investments. more

29/07/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

Trading Update: Buyers gravitate to older assets

Mid-life and end-of-life narrowbody aircraft were the most traded type on the secondary market over the past twelve months, with Boeing's 737 NG comprising nearly a quarter of all acquisitions. more

26/07/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

Mid-year market update, tight market to continue on OEM production delays

Welcome to the 127th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. In this edition, you'll notice a refreshed format that aims to deliver insights more effectively. We are excited to have additional content and features introduced in the upcoming editions, ensuring you stay informed and ahead with the latest updates. more

22/07/2024

in Aircraft values, Lease Rates & Returns

SLB returns: The rise of A320neo unlevered returns

Ishka reviews Q2 2024 SLB pricing trends for new tech single-aisle aircraft to examine net present values (NPVs), and unlevered returns (IRRs). more

15/07/2024

in Aircraft values, Lease Rates & Returns , Other

Remarketing Watch Data Sheet July 2024

The number of aircraft being remarketed on sites analysed by Ishka has remained largely consistent month-on-month, increasing by one from 331 to 332 aircraft. more

11/07/2024

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

Ishka Transaction Update - 11th July 2024

Welcome to Ishka's Transaction Update, a report series looking at essential trends, recent deal flow and key announcements within aviation and aircraft leasing. more

10/07/2024

in Aircraft values, Lease Rates & Returns

SLB returns: Unlevered IRR and NPV analysis for regional jets

This data sheet is an illustrative look at pricing trends, net present values (NPVs), and unlevered returns (IRRs) for nine hypothetical sale/leaseback (SLB) transactions informed by rumoured pricing terms of real SLB deals concluded between January to June 2024. more

27/06/2024

in Aircraft values, Lease Rates & Returns

Aircraft Pricing Benchmark: Low OEM output ‘artificially’ ups older 737 NG and A320ceo values and lease rates

Aircraft OEM delays and restricted supply continue to boost values and market lease rates of mid-life and older-generation narrowbodies, according to Ishka’s Aircraft Pricing Benchmark. The research, based on multiple market sources, confirms that prices for mid-life Airbus A320ceo aircraft have been moving upwards since the end of last year. more

26/06/2024

in Aircraft values, Lease Rates & Returns

15-year-old aircraft values, COMAC makes domestic delivery progress, Russian carriers adapt fleet plans

Welcome to the 126th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

18/06/2024

in Aircraft values, Lease Rates & Returns

Aircraft Buyers List June 24: Which aircraft are lessors targeting?

This is the 11th edition of Ishka’s aircraft buyers list, where Ishka summarises a list of potential and active buyers of leased aircraft on the secondary market. Since the last update on 1st May 2024, Ishka recorded ten new aircraft trades. more

07/06/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

10-year-old aircraft values, Saudia signs order for 105 A320neos family jets, GOL to restructure

Welcome to the 125th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. This report examines how aircraft types are faring through current events; which types are in favour; which are ‘on watch’; and which are most exposed or impacted by the evolving aircraft environment. more

05/06/2024

in Aircraft values, Lease Rates & Returns

Cargo Market Update: Reduced freighter feedstock coincides with lease rate stability

Speaking at Ishka’s Trading Summit in Dublin earlier this month, cargo carrier CEOs flagged concerns over the limited availability of older aircraft for freighter feedstock, as passenger airlines look to extend the lives of their current fleets. Mid-size widebodies remain highly in demand among operators despite their age, with the lease rates of certain A330-300P2F vintages outpacing the B747-400F. more

29/05/2024

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

5-year-old aircraft values, rising demand for spare engines amid MRO bottlenecks

Welcome to the 124th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

27/05/2024

in Aircraft values, Lease Rates & Returns

Aircraft values: The uptick in mid-life 737NG and Airbus A320ceo values

Robust demand and OEM delivery slot shortages have seen mid-life narrowbodies surge in value. Ten and 15-year-old Airbus A320ceos recorded the largest growth over the last 12 months, increasing 20% from $27 million to $32 million, according to Ishka's Transaction Economics platform. more

22/05/2024

in Aircraft values, Lease Rates & Returns

Aircraft ABS market ‘open’ but lessors question likely LTVs

Lessors speaking at Ishka’s Dublin Financing Festival last week argued that the ABS market was is now “open” for aviation issuers, with at least two aircraft ABS deals rumoured to be looking to issue before the summer more

20/05/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

New-build aircraft values, COMAC looks to ramp-up C919 production to meet demand

Welcome to the 123rd ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. This report examines how aircraft types are faring through current events; which types are in favour; which are ‘on watch’; and which are most exposed or impacted by the evolving aircraft environment. more

06/05/2024

in Aircraft values, Lease Rates & Returns

New lessor: Jeff Lewis leads Korean lessor Hanwha Aviation

South Korean conglomerate Hanwha has officially launched Hanwha Aviation, an aircraft and engine leasing platform based in Singapore. more

03/05/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

Aircraft Buyers List May 24: Which aircraft are lessors targeting?

This is the 10th edition of Ishka’s aircraft buyers list, where Ishka summarises a list of potential and active buyers of leased aircraft on the secondary market. Since the last update on 19th March 2024, Ishka recorded five aircraft trades and has added a new category to indicate buyers’ interest in aircraft 10 years and older. more

01/05/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

Asset managers survey: Expected returns tighten for mid-life widebodies

Asset managers surveyed by Ishka state expected unlevered returns have tightened for both mid-life and new-tech aircraft since Ishka’s last survey, conducted in October 2023. more

30/04/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

15-year-old aircraft values, delivery shortages keep secondary market rates high

Welcome to the 122nd ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

22/04/2024

in Aircraft values, Lease Rates & Returns

Q1 2024: Engine buyers predict lease rates will continue to rise

Aircraft engine buyers surveyed by Ishka have confirm that some single-aisle engine lease rates nearly doubled between the start of 2023 and 2024, with the majority arguing lease rates for narrowbodies engines will continue to rise for the rest of the year. more

11/04/2024

in Aircraft values, Lease Rates & Returns , OEMs, Cargo & Engines

10-year-old aircraft values, lease rates expected to continue rising amid OEM delays and capacity constraints

Welcome to the 122nd ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

08/04/2024

in Aircraft values, Lease Rates & Returns

SMBC Aviation Capital CEO: 'More Boeing woes could cause lease rates to rise further'

SMBC Aviation Capital CEO Peter Barrett talks to Ishka about rising lease rates, how a weak Japanese Yen is impacting aircraft leasing and the difficulties of M&A in the aircraft leasing space. more

27/03/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Other

5-year-old aircraft values, Japan Airlines' post-pandemic rebound, Asian carriers bulk up their orderbooks

Welcome to the 121st ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

25/03/2024

in Aircraft values, Lease Rates & Returns

Ishka London: US PE explores aviation opportunities, but European investors hesitant to boost allocations

Multiple sources have confirmed that there has been an uptick of interest from private equity (PE) investors for aircraft opportunities in 2024 – a stark contrast to last year which was noticeably difficult for new fundraises, particularly in aviation. more

21/03/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Other

Aircraft Buyers List March 24: Which aircraft are lessors targeting?

This is the 9th edition of Ishka’s aircraft buyers list, where Ishka summarises a list of potential and active buyers of leased aircraft on the secondary market. Ishka recorded eight new aircraft trades and added two new firms to the list since the last update on January 23rd, 2024. more

19/03/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

How FX issues are impacting Japanese aircraft investors, Falko closes NAC trade

Aircraft asset managers confide that currency movements are starting to impact Japanese investor appetite and behaviour when it comes to aircraft investments. Separately Ishka examines UK lessor Falko Regional Aircraft recent acquisition of 24 regional jets. more

18/03/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Other

New-build aircraft values, American’s bumper order, airlines scale back MAX delivery expectations

This is the 119th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

13/03/2024

in Aircraft values, Lease Rates & Returns

ISTAT Austin: Lessors CEOs debate peak aircraft shortage and M&A

Aircraft lessor CEOs speaking at the ISTAT Americas conference in Austin in early March discussed rising lease rates, aircraft shortage and potential M&A. more

08/03/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

15-year old aircraft values, Cargo market softens, Tibet Airlines orders 40 COMAC C919s

Welcome to the 119th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

28/02/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

AerCap Q4 2023: OEM ramp-up won’t stop aircraft shortage

A return to pre-shock OEM production levels would only be the first step towards steadying a supply-demand imbalance that shows “no signs of ending anytime soon,” AerCap CEO Aengus Kelly told the lessor’s Q4 2023 earnings call. more

27/02/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers

10-year-old aircraft values, Airbus delivers 30 aircraft in January, Aircastle settles with two Russian airlines

Welcome to the 118th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

12/02/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines

Remarketing Watch Data Sheet: High demand continues to limit current-tech narrowbody availability

This Data Sheet provides a snapshot of aircraft currently being remarketed on three of the main remarketing sites. more

07/02/2024

in Aircraft values, Lease Rates & Returns

5 year-old aircraft values, Akasa Air orders 150 B737 MAXs, Cargojet cancels B777 freighter expansion

Welcome to the 117th ‘Extra’ supplement to Ishka’s Transaction Economics platform, delivering ‘the Ishka View’ on events that have a bearing on aircraft values and lease rates, and the market dynamics that matter in today’s aviation environment. more

31/01/2024

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines