Ishka insights: indispensable aviation data, analysis and opinion
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AIP Capital markets debut ABS - MCAV 2026-1

AIP Capital is in the market with its debut aircraft lease ABS transaction. more

30/06/2026

in Lessors & Asset managers , Capital Markets

SMBC bank sells $2bn aircraft loan portfolio but is not exiting aviation

Sumitomo Mitsui Banking Corporation (SMBC) is currently in the process of selling a multi-billion portfolio of secured aircraft loans, according to multiple sources. more

29/06/2026

in Lessors & Asset managers , Aviation Banks and Lenders

Griffin prices latest ABS under master trust, tightening spreads

The latest ABS notes offering from Griffin Global Asset Management has priced. more

26/06/2026

in Lessors & Asset managers , Capital Markets

easyJet rejects fourth takeover bid, 10-year-old Boeing NB values

The Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

26/06/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Aviation Banks and Lenders

Griffin markets new aircraft lease ABS under master trust

Griffin Global Asset Management is issuing a new series of aircraft lease ABS notes under its existing master trust structure. more

25/06/2026

in Lessors & Asset managers , Capital Markets

Perseus markets $563.3 million MAPS 2026-2 aircraft lease ABS

Perseus Asset Management is back in the ABS market with its second transaction of the year, MAPS 2026-2. more

23/06/2026

in Lessors & Asset managers , Capital Markets

New mandates: Itochu partners with Sirius, KKR launches $1.4bn Altitude 3 with Altavair

There have been several asset manager updates this week, including the announcement that Japanese firm Itochu has teamed with Sirius, and that KKR has agreed a third aircraft leasing fund with Altavair. more

23/06/2026

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

Analysis: Castlelake makes public its £4.7bn easyJet bid after third rejection

Castlelake has disclosed a third £4.7 billion proposal for easyJet. Ishka examines the ownership structure, financing plan and valuation dispute underpinning a potential takeover. more

22/06/2026

in Lessors & Asset managers , Airline trends & analysis

Lessor gains on sale continue to increase

Major lessors have mostly been making sequentially larger gains on sale of aircraft over the past few years. more

19/06/2026

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

US-Iran peace and the impact on engine leases, KKR commits $1.4bn to Altavair, 10-year-old Airbus NB values

Ishka's Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

18/06/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines

Engine lessor CEOs debate: Are narrowbody engine lease rates declining?

One engine lessor CEO warns that narrowbody lease rates could drop by 15% if the Iran war continues. more

17/06/2026

in Lessors & Asset managers , OEMs, Cargo & Engines

‘Yes, no, maybe’: which lessors are looking to sell aircraft portfolios in H2 2026

Ishka surveys 18 lessors on their near-term aircraft sales plans. more

16/06/2026

in Lessors & Asset managers

June Aviation Debt Pricing Comp: Alt lending spreads and unsecured yields continue to trend down, ABS spreads settle

An overview of the most recent trends in lessor and lender financing costs across both capital markets, commercial bank debt and private aviation alt lenders. more

15/06/2026

in Lessors & Asset managers , Capital Markets , Aviation Banks and Lenders

Crestone completes Arena acquisition; Canada offers struggling airline loans; 15-year regional & turboprop values

Ishka's Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

12/06/2026

in Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Other

H1: Ishka webinar takeaways: the muted reaction to the jet fuel crisis

The key takeaways from this week’s Ishka Airfinance H1 webinar: Midlife narrowbody lease rates decline from their peaks, airlines reduce growth plans. more

11/06/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis

2026 aviation ABS issuances double 2025 levels for first five months

Despite the disruption brought about by the conflict in the Middle East, aviation ABS issuance in 2026 is greatly exceeding 2025 volumes for the same period. more

09/06/2026

in Lessors & Asset managers , Capital Markets

Castlelake eyes easyJet, UK-based cargo airline enters administration, 15-Year-Old Boeing WB values

Ishka's Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

05/06/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Aviation Banks and Lenders

Aircraft Buyers List June 26: Which aircraft are lessors targeting?

This is the 25th 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

03/06/2026

in Lessors & Asset managers

Cap Markets May: ABS issuance continues to outstrip unsecured lessor bonds

May was another sparse month on the unsecured bond markets for lessors, with a single issuance from ICBCIL the only activity from lessors tracked by Ishka. more

01/06/2026

in Lessors & Asset managers , Capital Markets

Maybe less shiny, but this is still the ‘golden era’ for current-tech narrowbodies

Midlife narrowbody lease rates maybe starting to slip due to recent airline insolvencies caused by the fuel crisis, but narrowbody aircraft market values are still way above their base values. more

28/05/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis

Ishka Dublin takeaways: More risk is coming, ‘time to buckle up’ and begin buying aircraft

Hundreds of aircraft lessors, engine lessors and financiers gathered in Dublin last week for Ishka’s aviation finance festival and global trading conference. Ishka summarises some of the key takeaways from two days of events. more

27/05/2026

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

GA Telesis CEO: ‘A320ceo part-out prices are dropping’ thanks to Spirit

GA Telesis CEO, Abdol Moabery, shares that his A320ceo part-out pipeline is filling up, thanks in part to Spirit Airlines' (Spirit) liquidation, as lessors deal with the influx of ex-Spirit aircraft, either being sold or returned to leasing firms. more

25/05/2026

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

737 MAX part-outs, Airborne and Mercuria reach first fund close, 15-Year-Old Boeing NB values

Ishka's Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

22/05/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Aviation Banks and Lenders

FTAI Aviation prices debut ABS

The inaugural aircraft lease ABS from FTAI Aviation, MRE 2026-1, has priced. more

21/05/2026

in Lessors & Asset managers , Capital Markets

FTAI Aviation markets debut $612.0 million aircraft lease ABS, MRE 2026-1

FTAI Aviation (FTAI) is in the market with its debut ABS, MRE 2026-1, a $612.0 million midlife aircraft lease securitisation. more

20/05/2026

in Lessors & Asset managers , Capital Markets , OEMs, Cargo & Engines

China orders 200 Boeing aircraft, aircraft retirements could rise, 15-year Airbus narrowbody values

Ishka's Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

14/05/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Aviation Banks and Lenders

Eclipse 2026-1 aircraft lease ABS prices

The latest aircraft lease ABS from Sculptor Capital Management, Eclipse 2026-1, has priced. more

14/05/2026

in Lessors & Asset managers , Capital Markets

Q1 2026 part-out trading: Firms buy more 737s for tear down

Ishka research investigates the number of aircraft part-outs in Q1 2026 based on public disclosures from the largest tear-down firms. more

12/05/2026

in Lessors & Asset managers

Sculptor markets $415.5 million midlife aircraft lease ABS

Sculptor Capital Management is in the market with a $415.5 million aircraft lease ABS, Eclipse 2026-1. more

12/05/2026

in Lessors & Asset managers , Capital Markets

Cap Markets: Lessor bond activity slowly picks up after Iran hiatus

April saw more green shoots for potential lessor capital market issues, as a handful of leasing ABS and bond issuances successfully priced. more

11/05/2026

in Lessors & Asset managers , Capital Markets

Spirit's liquidation, Azorra buys DAE's A220 orderbook, ATR, Embraer and A220 values

Ishka's Transaction Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

08/05/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Aviation Banks and Lenders

SKY Leasing prices $813.28 million aircraft lease ABS

SKY has priced its latest aircraft lease ABS, SLAM 2026-1. more

05/05/2026

in Lessors & Asset managers , Capital Markets

Borrowers tap cap markets, Arcus to buy a stake in TrueNoord, new-build Boeing WB values

Ishka's Transaction Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

01/05/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Aviation Banks and Lenders

SKY Leasing markets $813 million aircraft lease ABS SLAM 2026-1

The deal, the fifth to be serviced by SKY Leasing, is the eighth aviation lease ABS to be issued so far in 2026 and the third to come to market since the outbreak of the current conflict in the Middle East. more

30/04/2026

in Lessors & Asset managers , Capital Markets

AA’s new EETC, Ascend Airways hands back MAXs, What EASA’s certification of the Advantage means for GTF residual values

Ishka quick takes is a new regular Insight series summarising key market trends and updates shaping the aviation finance landscape... more

29/04/2026

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

Jet Fuel Crisis: Airlines request rent deferrals from lessors

Lessors speaking with Ishka confirm that more airlines are asking for rent deferrals due to high jet fuel prices and the disruption to jet fuel supply caused by the war in Iran. more

24/04/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Aviation Banks and Lenders

Spirit bailout talks advance, JetBlue dismisses bankruptcy risk, new-build Airbus WB values

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

24/04/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Aviation Banks and Lenders

Castlelake prices new aircraft lease ABS CLAS 2026-2

Castlelake’s latest, the $888.170 million CLAS 2026-2, has priced. more

20/04/2026

in Lessors & Asset managers , Capital Markets

Jet fuel crisis threatens JetBlue and Spirit, Lufthansa cuts capacity, new Boeing NB values

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

17/04/2026

in Lessors & Asset managers , Airline trends & analysis , Capital Markets

Castlelake tests market with CLAS 2026-2 - first aircraft lease ABS since Iran crisis

US aircraft lessor Castlelake is the sponsor behind a $888.2 million ABS - the first aircraft lease securitisation to hit the market since the escalation of the war between the US and Iran in late February. more

16/04/2026

in Lessors & Asset managers , Capital Markets

Q1 Bank Survey: Margins stable but aviation banks brace for higher funding costs

Lenders share that the Iranian conflict will likely force bank margins higher to accommodate both risks facing airlines and increased funding costs. more

14/04/2026

in Lessors & Asset managers , Aviation Banks and Lenders

Jet fuel supply risks, ITE & Blackstone unveil jumbo sidecar, Air Lease sale concludes, new-build Airbus narrowbody values

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

10/04/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines

Air Lease merger bonds only leasing issuances since Iran war began

There has been a dearth of leasing capital markets activity since the US and Israeli attacks on Iran began on 28th February, with one relatively large exception – the $4 billion issued as part of the Air Lease acquisition. more

08/04/2026

in Lessors & Asset managers , Capital Markets

Indonesia’s new leasing platform, Avion Express to return A320ceos, ten-year-old turboprop values

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

02/04/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines

Aircraft Buyers List April 26: Which aircraft are lessors targeting?

This is the 24th 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

01/04/2026

in Lessors & Asset managers

Doric’s MD discusses aircraft sales as firm exits aviation

Doric is preparing to sell the remaining aircraft in its portfolio as part of a gradual exit from aviation asset management. Ishka speaks with Sibylle Paehler, Doric’s Managing Director and co-founder. more

01/04/2026

in Lessors & Asset managers , Other , Aviation Banks and Lenders