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
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
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
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
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
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
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
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
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
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
The United States has extended its tariff deadline until August as Ishka examines what has unfolded across the 90-day pause. more
08/07/2025
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
Lessors received 17 order book aircraft from Airbus and Boeing in June, accounting for around 14% of total deliveries from the two OEMs. more
06/07/2025
$1.25 billion in unsecured debt was raised by lessors in June. more
02/07/2025
Independent aircraft asset managers have successfully raised billions of dollars of equity since the start of 2024, according to Ishka research. more
30/06/2025
This is the 20th 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
27/06/2025
Aircraft lessors have announced equity raises for a total of $4.7 billion of fresh equity into aviation funds so far in 2025, according to Ishka research, a significant improvement compared to the last two years. more
24/06/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Investor Briefings
A muted Paris Air Show - partly down to the absence of any new order announcements for Boeing aircraft. more
18/06/2025
Ishka's report investigates why aircraft lessors are parting out A320neos. more
17/06/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Capital Markets
Carlyle Aviation Partners (Carlyle) has priced $525.667 million of new 2025-2 aviation ABS notes. more
16/06/2025
Carlyle Aviation Partners is marketing $525.667 million in new 2025-2 ABS notes, to be issued within the master trust established with the issuance of AASET 2025-1 issued earlier this year. more
13/06/2025
A London High Court judge has ruled in favour of lessors, finding that losses from Russia’s invasion fall under war risk, not all risks, policies. more
12/06/2025
in Lessors & Asset managers , Airline trends & analysis , Other
Airlines have been actively exploring various financing structures to help fund new deliveries with Ishka understanding several North American carriers have issued RFPs in recent weeks. more
11/06/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
Ishka's Transaction Update is a report series looking at essential trends, recent deal flow, and key announcements within aviation and aircraft leasing... more
10/06/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines
Spirit Airlines has said it may seek to “postpone or cancel delivery” of certain aircraft currently scheduled for delivery as a result of the impact of tariffs on aircraft and parts costs. more
10/06/2025
Willis Lease Finance Corporation (WLFC) is in the market with a $596 million ABS, Willis Engine Structured Trust VIII / WEST VIII. more
04/06/2025
in Lessors & Asset managers , Capital Markets , OEMs, Cargo & Engines
This is the 5th 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
02/06/2025
The post ‘liberation day’ capital market environment was described as ‘tepid’ last week in Dublin as industry professionals gathered for Ishka’s Aviation Finance Festival and Trading Summit: Midlife, Engines & Parts conferences. more
28/05/2025
Private equity firm Cerberus Capital Management (Cerberus) has acquired turboprop lessor Abelo from funds managed by Oaktree Capital Management. more
27/05/2025
Aircraft sellers say trading in the first five months of 2025 has been largely unaffected by tariff threats and announcements from the Trump administration. more
27/05/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
SKY Leasing (SKY)’s $503 million aircraft lease ABS SLAM 2025-1 has priced, achieving a spread of 180 on its single A tranche. more
20/05/2025
Aircraft leasing firm and JOLCO arranger FPG has introduced "F.bit," Japan's first publicly offered, fractionalised aircraft investment product tailored for individual Japanese investors. more
19/05/2025
Ishka explores the implications for future insurance policies following the settlement of all claims in Ireland's landmark aviation insurance dispute. more
15/05/2025
SKY Leasing is in the market with a $503 million aircraft lease ABS, SLAM 2025-1. more
14/05/2025
Lessor capital market activity has generally been quite muted, with no new bond issuances in the last six weeks more
13/05/2025
San Francisco-based aviation investment manager SKY Leasing announced earlier this week it has acquired JetBlue’s venture capital arm JetBlue Ventures, an early investor in innovative companies in enterprise and frontier technology solutions. more
12/05/2025
Ishka's Transaction Update is a report series looking at essential trends, recent deal flow, and key announcements within aviation and aircraft leasing... more
08/05/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines
An escalation and continuation of global tariffs could push up the values of used aircraft as operators turn to less costly forms of lift, AerCap CEO Aengus Kelly noted during the lessor’s Q1 2025 earnings call. more
07/05/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
Ishka's asset managers datasheet provides a summary of recent news, activity, and metrics of aircraft asset managers in Q1 2025. more
06/05/2025
Alt lender PK AirFinance is back in the ABS market with the first aviation loan securitisation of the year, PKAIR 2025-1. more
02/05/2025
Saudi lessor AviLease has closed a $1.5 billion three-year unsecured revolving credit facility, while Avolon has announced the completion of a five-year $1.1 billion senior unsecured facility. more
30/04/2025
in Lessors & Asset managers , Capital Markets , Aviation Banks and Lenders
Ishka reveals two new narrowbody RFPs with submission deadlines set for May. Elsewhere, Spirit AeroSystems Holdings has entered into a definitive agreement with Airbus. more
29/04/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , OEMs, Cargo & Engines