MENU
MENU
Ishka’s Airline Credit Profile team provide a detailed macro and operational breakdown, aimed at risk officers, for some of the key airlines in the headlines... more
17/12/2025
in Lessors & Asset managers , Airline trends & analysis , Aviation Banks and Lenders
The latest aircraft engine ABS from Willis Lease Finance Corporation (WLFC), WEST IX, has priced with tightened spreads compared to the lessor’s previous issuance this year. more
15/12/2025
in Lessors & Asset managers , Capital Markets , OEMs, Cargo & Engines
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
04/12/2025
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
Lessors hurry airlines to finish novations in time for end-of-year aircraft trading rush. more
04/12/2025
in Lessors & Asset managers , ESG & Regulation , Aviation Banks and Lenders
Lessors tracked by Ishka raised $2.25 billion in unsecured debt in November, with bonds issued by AviLease, SMBC Aviation Capital, CDB Leasing, and ICBCIL. more
03/12/2025
in Lessors & Asset managers , Airline trends & analysis , Capital Markets
Ishka speaks with Joe McConnell, Castlelake’s deputy co-chief investment officer about aircraft acquisitions plans for next year, how its alt lender subsidiary Merit AirFinance is performing and asks if the lessor has any plans for the engine market. more
26/11/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
Ishka’s Pricing Benchmark looks at lease rates and prices for eight and 16-year-old A320ceos and 737NGs. more
25/11/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
Lessors state that revised LLP escalation rates have increased expected maintenance costs for several common narrowbody engine types. Ishka presents a quick review of current MRO costs. more
20/11/2025
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
The latest aircraft lease ABS from Carlyle Aviation Partners (Carlyle) has priced, achieving yields of 5.301% on its $526.182 series A notes and 5.801% on its $76.254 million series B notes. more
17/11/2025
Carlyle Aviation Partners (Carlyle) is back in the aircraft lease ABS market with its third transaction of the year, AASET 2025-3. more
13/11/2025
Responding to Ishka, Avia Solutions Group (ASG) addresses the sale and recent restructuring of its former subsidiary SmartLynx Latvia. The firm also commented on the ACMI market and answered questions about the firm’s new Dublin-based leasing platform Waypoint Operating Lease Finance (WOLF), currently in the market for a $500 million capital raise. more
12/11/2025
Key trends, recent deal flow, and announcements within aviation and aircraft leasing. more
07/11/2025
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
Risk-adjusted margins on new aircraft loans and warehouse facilities dropped again slightly in the past three months, Ishka research shows, driven by tough competition between lenders looking to win financing mandates. more
06/11/2025
October was a bumper month for airlines in the Capital Markets with American Airlines marketing a $1.1 billion EETC and Southwest Airlines pricing $1.5 billion in unsecured bonds. more
04/11/2025
in Lessors & Asset managers , Airline trends & analysis , Capital Markets
AerCap adds ex-Spirit Airbus orders to its own book - but also has to contend with rejected aircraft. more
31/10/2025
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
Aviation insurance brokers say premium levels for annual hull and liability portfolio renewals are expected to remain broadly flat through 2025, but sources caution that post-Russia confiscation caps are likely to persist. more
29/10/2025
There are 270 aircraft being actively remarketed on sites tracked by Ishka in October 2025, a 15% drop compared to October 2024. more
28/10/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
FTAI Aviation Ltd (FTAI) has raised $2 billion in equity commitments for its latest fund – which is now estimated to be the largest aircraft leasing vehicle dedicated to acquiring mid-life, current generation aircraft. more
28/10/2025
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
27/10/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines
This is the 8th edition of Ishka’s Engine Buyers List, where Ishka profiles some of the most active commercial engine buyers in the secondary market. more
23/10/2025
Ishka understands that several lessors are debating whether to overhaul or part out several GTF-powered A320neos set to be rejected by Spirit Airlines as part of its ongoing Chapter 11 bankruptcy. more
21/10/2025
in Lessors & Asset managers , ESG & Regulation , OEMs, Cargo & Engines
Griffin Global Asset Management (Griffin)’s $1.245 billion aircraft lease ABS, GGAM 2025-1, has priced. more
20/10/2025
One of the big questions from attendees at the Ishka Aviation Investival: North America in New York was the level of investor appetite for subordinated ABS tranches - including the elusive aircraft ABS E note. more
17/10/2025
Regional aircraft lessor TrueNoord has made its debut direct aircraft order with a firm agreement with Embraer for 20 E195-E2s. New lessor WOLF launches a $500mn equity raise. more
16/10/2025
Aircraft lessor ACIA CEO Mick Mooney tells Ishka the lessor is expanding beyond its roots of acquiring older ATRs and is eying ATR sale/leasebacks. Mooney also talks about ATR freighter conversions and standalone engine leasing amid tightening supply chains. more
15/10/2025
Engine manufacturer Pratt & Whitney has increased its maintenance guidance for lessors for the PW1100G-JM - the powerplant behind the A320neo - by more than 30% in October, as well as shortening the advised time on-wing. more
13/10/2025
Setna iO CEO David Chaimovitz tells Ishka the firm is scaling its aircraft-leasing platform, targeting 17–20 aircraft by 2026, while maintaining a self-funded model and expanding its footprint across engine trading and MRO services. more
13/10/2025
CLAS 2025-3, the latest aircraft lease ABS transaction from Castlelake – and its third of the year – has priced. more
10/10/2025
Griffin Global Asset Management (Griffin) is marketing its debut aircraft lease ABS, GGAM 2025-1. more
10/10/2025
CLAS 2025-3 is a $758.56 million triple-tranche aircraft lease ABS with a majority midlife portfolio. more
08/10/2025
Around $21 billion in US dollar-denominated unsecured lessor bonds is due to mature next year, with a weighted average issuance yield of 3.18%. more
08/10/2025
This is the 22nd 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
07/10/2025
US carrier Spirit Airlines filed a court motion to reject 87 additional aircraft leases, bringing the total number of rejections sought under its Chapter 11 process to more than 100 aircraft as lessors brace to see what the impact will be. more
06/10/2025
After a muted August for unsecured lessor bond issuance, several key players have returned to the market. 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
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
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
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
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
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
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
Navigator 2025-1, the third and latest aircraft lease ABS issuance from the Navigator platform, has priced. more
18/09/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Capital Markets
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
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
Spirit Airlines' $519 million sale-and-leaseback agreement with GA Telesis has been terminated, according to a bankruptcy court filing. more
08/09/2025
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
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
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
in Lessors & Asset managers , Airline trends & analysis , Capital Markets
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
Trusted information for calculated decisions
Bespoke Ishka consultancy services
more
