US fund manager and leasing firm Castlelake, L.P. is in the market with an $819.75 million aircraft lease ABS, Castlelake Aircraft Structured Trust 2025-1. more
05/02/2025
Airlines are starting the year with a bang as several have issued financing RFPs for new aircraft deliveries. Ishka notes that many airlines are asking for finance leases as well as sale/leasebacks. Ishka is still in the process of collecting pricing data, but based on initial conversations there appears to be some upward pressure on lease rate factors. more
04/02/2025
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
Aircraft sellers welcome the influx of capital in the secondary market but complain about higher execution risk with some buyers walking away from deals. more
02/02/2025
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
28/01/2025
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
Carlyle Aviation Partners is back in the market with the first commercial aircraft ABS of 2025, the $518.3 million AASET 2025-1. more
27/01/2025
FTAI Aviation stock has begun to recover slightly after a dramatic drop last week, which followed allegations of misleading financial reporting by an online research firm. more
23/01/2025
Falko’s Chief Commercial Officer Mark Hughes talks to Ishka about the firm’s new owners, its strategy, and how it became a leader in the small aircraft space. more
21/01/2025
After several requests, Ishka is extending the deadline for Deal of the Year Awards submissions to 21st of February 2025. The awards will be handed out at the Ishka Aviation Finance Festival in Dublin on the 20th of May. more
21/01/2025
in Lessors & Asset managers , ESG & Regulation , Other , Aviation Banks and Lenders
Ishka's Transaction Update is a report series looking at essential trends, recent deal flow, and key announcements within aviation and aircraft leasing... more
13/01/2025
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
AerCap was again the big bond issuer of the year in 2024, with $4.65 billion raised on the unsecured bond market. more
10/01/2025
Ishka can reveal at least six aircraft lessors plan to sell a portfolio of aircraft during the first half of 2025. This insight emerged from December’s aircraft buyers survey, where Ishka asked lessors about their sales plans for the coming period. more
08/01/2025
On Tuesday, Dubai Aerospace Enterprise (DAE) announced it had signed a definitive agreement to acquire 100% of rival leasing firm, Nordic Aviation Capital (NAC). Prior to its restructuring NAC was the world’s largest regional aircraft lessor but the firm has since been transitioning to narrowbodies. more
07/01/2025
Ishka is now accepting submissions for its Deal of the Year Awards. The Ishka Deal of the Year Awards celebrate the best-closed aircraft financings of 2024. more
03/01/2025
This is the 17th 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
31/12/2024
Ishka takes a quick look at some things you might have missed over the last two weeks. more
30/12/2024
This is the 3rd 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
20/12/2024
The court overseeing Spirit Airlines’ Chapter 11 bankruptcy has approved the sale of the remaining 18 aircraft of the 23-strong A320 family transaction with GA Telesis. more
19/12/2024
in Lessors & Asset managers , Airline trends & analysis , OEMs, Cargo & Engines
JOLCO levered returns have increased in the last four months, according to Ishka research, as Japanese investors are charging airlines more to fund USD assets thanks to continuing currency volatility between the US dollar and the Japanese yen. more
18/12/2024
Azorra has signed a R$1.1 billion ($182 million) financing agreement with Brazilian export credit agency BNDES to finance eight Embraer E2 jets to Azorra. more
16/12/2024
in Lessors & Asset managers , Airline trends & analysis , Aviation Banks and Lenders
Asset managers surveyed by Ishka state expected unlevered returns have notably dropped for new- tech narrowbodies and strengthened for both current-tech and new-tech widebodies since Ishka’s last survey, conducted in April 2024. more
13/12/2024
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Investor Briefings
Anne-Bart Tieleman, founder and CEO of TrueNoord, tells Ishka that the regional jet lessor will be “actively looking” at an aircraft order from “one or even two” OEMs in 2025. more
11/12/2024
Arena Aviation Capital CEO Patrick den Elzen talks to Ishka about the aircraft investor landscape, Arena’s busy year for purchases, and a potential equity gap on the horizon in 2025. more
10/12/2024
November was an exceptionally muted month for lessor unsecured debt issuance, with CMB Financial Leasing the sole issuer. more
09/12/2024
Marc Cho and Abdol Moabery speak with Ishka about what the Spirit trade means for GA Telesis’ long-term leasing ambitions, and why there is a ceiling on engine LLP escalation. more
03/12/2024
More aircraft lessors are competing for Embraer aircraft in the sale/leaseback market, according to numerous industry sources. The trend shows that Embraer’s E1 and E2 assets appear to be broadening their appeal beyond a fairly small group of regional jet lessors.Ishka reports on a new Spanish infra fund entering into aviation more
02/12/2024
105 aviation ABS tranches tracked by Ishka traded in the last 90 days, accounting for 444 individual trades. more
28/11/2024
This is the 16th 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 October 2024, Ishka recorded 25 aircraft trades among tracked buyers and added GA Telesis as a buyer. more
27/11/2024
Lessors received 16 aircraft from their order books with Airbus and Boeing in October. more
21/11/2024
Leasing and asset manager Airborne Capital has entered into a “transformative partnership” with Daiwa Securities Group, a major Japanese investment bank and securities firm. more
21/11/2024
Narrowbody engine prices largely stabilised for most types in Q3, but lease rates for several narrowbody engine types have appeared to have fallen slightly since the start of the year, according to Ishka’s latest engine buyers survey. more
14/11/2024
Air Lease Corporation (ALC) expects sustained high market appetite for sale-leasebacks from airlines with large order books as they take delivery of new aircraft, management told the ALC’s Q3 earnings call on 7th November. more
13/11/2024
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
AerCap CEO Aengus Kelly dismissed the idea that lease rates are becoming too high for airlines during the lessor’s recent Q3 earnings call. more
05/11/2024
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
Ishka reviews the latest crop of aircraft portfolios hitting the market. more
01/11/2024
Ishka sits down with Mounir Kuzbari, Novus’ Co-CEO and SAF One co-founder, to shed light on their innovative strategy. more
30/10/2024
This is the 2nd 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. Since the last update on 28th August, Ishka recorded two engine trades among tracked firms and added two new buyers to the list: Arena Aviation Capital and Total Engine Asset Management (TEAM). more
28/10/2024
Trading update: GA Telesis has signed a definitive purchase agreement to acquire 23 used Airbus A320ceo and A321ceo aircraft from Spirit Airlines while Ishka examines Aircastle's latest portfolio to come to market. more
25/10/2024
Conversations around lease rate sustainability from last week's Ishka Aviation Investival: North America. more
23/10/2024
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis
Two key panel session takeaways from Ishka Aviation Investival: North America, which took place in New York on Tuesday 15th October 2024. more
22/10/2024
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Capital Markets , OEMs, Cargo & Engines
Ishka's asset managers datasheet provides a summary of recent news, activity, and metrics of aircraft asset managers in Q3 2024. more
17/10/2024
Aviation alt lender Apollo PK AirFinance CEO, Gary Rothschild and President Eelco van de Stadt, talks to Ishka about the process of getting the ratings agencies familiar with the aircraft loan ABS vs lease product, why aircraft e-notes will likely need to evolve, and what the plans are for Perseus Aviation, Apollo’s leasing arm. more
16/10/2024
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
Lessors surveyed by Ishka expect new sale/leaseback purchase prices to settle within a relatively constrained band for new campaigns. more
09/10/2024
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers
This is the 15th 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 10th September 2024, Ishka recorded six new aircraft trades and added Doric as a buyer. more
08/10/2024
Lessors tracked by Ishka raised $4.2 billion in unsecured capital markets debt in September. more
02/10/2024
in Lessors & Asset managers , Airline trends & analysis , Capital Markets
Ishka's Transaction Update is a report series looking at essential trends, recent deal flow, and key announcements within aviation and aircraft leasing... more
25/09/2024
in Lessors & Asset managers , Capital Markets , Aviation Banks and Lenders
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
Lessor CDB Aviation has announced two large orders for narrowbody aircraft with Airbus and Boeing in a move set to more than triple its total confirmed order book with the two OEMs. more
19/09/2024
The US Federal Reserve announced yesterday it is lowering the target range for the federal funds rate by half a percentage point to 4.75% to 5%- its first cut in interest rates in four years. more
19/09/2024