Lessons learned from Veling’s failed 777 leases
Veling has experienced a run of bad luck on two of its B777-200ERs. more
21/09/2018
in Aircraft Asset Profiles , Lessors and Lease Rates , Airline Profiles
CIT veterans launch new leasing platform: Zephyrus Aviation Capital
The 21-aircraft platform plans to expand to up to 75 aircraft within 18 months. more
20/09/2018
Future deliveries update: The Americas
Ishka reviews the aircraft delivery schedule for the next two years for North, Central and South America. more
18/09/2018
Investing in Japan: JOL and JOLCOs go “mainstream”
Demand has seen pricing for JOLCO and JOL products tighten while Japanese retail investors are, cautiously, open to a wider group of aviation credits. more
17/09/2018
Lessons learned from Veling’s failed 777 leases
Veling has experienced a run of bad luck on two of its B777-200ERs. more
21/09/2018
in Aircraft Asset Profiles , Lessors and Lease Rates , Airline Profiles
How will Turkey’s lira crisis affect THY and Pegasus Airlines?
Turkish lira has lost more than 40% of its value since the beginning of the year potentially increasing costs for Turkish carriers. more
21/08/2018
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SAS recovers after years of restructuring
After years of restructuring, SAS appears to have finally found some success in recent years. Ishka studies how SAS managed this turnaround in this Airline Credit Profile. more
26/07/2018
North American carriers yields hold up but rising fuel and labour costs hit operating profits
Ishka studies the North American airlines’ operating profitability in light of the inflationary pressures from higher crude oil prices and labour expenses. more
10/07/2018
FastJet comes off life support (again)
The LCC is fighting for its life, Ishka looks at the carrier’s fleet financing arrangements. more
29/06/2018
in Lessors and Lease Rates , Airline Profiles , Aircraft Finance Market
Lessors maintain claims against Monarch Airlines
Administrators and ex-lessors are in dispute over security deposits and maintenance reserves. more
22/06/2018
Airlines adjust to more lease novations
Ishka reviews airline novation charges for lessors. more
12/06/2018
in Lessors and Lease Rates , Airline Profiles
Norwegian plans to divest up to 140 aircraft
The low-cost carrier wants to free up its balance sheet and reduce costs by moving away from operating leases. more
30/04/2018
The hidden rationale behind IAG’s potential bid for Norwegian
Ishka examines why IAG may be planning to take over a vulnerable Norwegian Air Shuttle. more
13/04/2018
in Airline Profiles , Ishka insights , Aircraft Finance Market
Improving Azul benefits from Brazilian recovery
Macroeconomic recovery in Brazil helped Azul to return to the black in 2017. But is Azul in a position to leverage the growth in the market? Ishka studies Azul’s strengths and weaknesses in this ‘Airline Credit Profile’. more
11/04/2018
Jet Airways struggles to reduce debt pile
The continued confidence of shareholder Etihad Airways, is crucial to the airline’s future. more
06/04/2018
‘No interest in current Alitalia’ say bidders
Administrators say the airline languishes in a state of ‘objective economic impotence.’ more
26/03/2018
in Lessors and Lease Rates , Airline Profiles , Ishka insights
Have airline yields recovered for North American carriers?
Ishka studies passenger yields across major North American carriers over the past eight quarters. more
20/03/2018
Airline profile: Aeroflot looks set to be a world cup winner
All the indications suggest Aeroflot is set to enjoy robust revenues as the carrier leverages off the recovery in Russia. more
11/02/2018
Is the worst now over for Russian airlines?
Ishka studies whether the Russian carriers can look forward to a positive 2018. more
01/02/2018
Another one bites the dust – a review of defunct airlines in 2017
In this Insight Ishka summarises the airlines that failed during 2017. more
25/01/2018
The new kids on the block – a review of start-up airlines in 2017
Ishka summarises the airlines that came to life in 2017. more
22/01/2018
US airlines celebrate tax cut with worker bonus and fleet orders
The tax cut should accelerate already high levels of fleet investment and soothe labour relations. more
12/01/2018
North American airlines’ liquidity and their near-term obligations
Ishka studies liquidity management of North American carriers in the context of their near-term obligations, and analyses how many of these airlines may fund their incoming fleet. more
11/01/2018
How do North American airlines compare to European carriers in terms of labour productivity?
Ishka studies the labour productivity among North American carriers. more
19/12/2017
Japanese traffic growth bodes well for ANA
The following report is an excerpt from Ishka Vista, a new 2018 aviation finance market forecast, containing more than 100 pages of commentary and analysis. more
17/12/2017
How will LATAM face the growing threat of LCCs?
The following report is an excerpt from Ishka Vista, a new 2018 aviation finance market forecast, containing more than 100 pages of commentary and analysis. more
07/12/2017
Airline liquidity – the outliers
As a follow-up to a previously published Insight on airline liquidity, Ishka examines the airlines with the strongest and weakest liquidity positions. more
06/12/2017
What next for airberlin’s leased fleet?
Ishka identifies the grounded aircraft formerly leased by airberlin as lessors seek to find them new homes. more
05/12/2017
in Lessors and Lease Rates , Airline Profiles , Ishka insights , Premium , Aircraft Finance Market
Is China Southern expanding too rapidly?
The following report is an excerpt from Ishka Vista, a new 2018 aviation finance market forecast, containing more than 100 pages of commentary and analysis. more
30/11/2017
Global airline leverage levels improve by 7.5%
As part of a series of Insights looking at key financial metrics at a global level, in this week’s Insight Ishka studies the evolution of airline leverage levels between 2012 and 2016. more
29/11/2017
US airlines save billions under Trump tax changes
A proposed cap on corporate tax deductions for net interest expense is unlikely to have any effect on US airlines, but a 15% reduction in the top rate will be a boon for carriers. more
24/11/2017
in Airline Profiles , Ishka insights , Regulatory and Accounting , Premium , Aircraft Finance Market
Has airline liquidity improved over the past four years?
Ishka looks at global airline liquidity levels between 2012 and 2016 to understand whether the record profitability witnessed during 2015 and 2016 has had any impact. more
21/11/2017
Big three US carriers aren’t paying any corporation tax
The big three US carriers have been able to offset recent record profits thanks to years of previous losses. more
15/11/2017
in Airline Profiles , News , Ishka insights , Regulatory and Accounting , Premium
Norwegian’s Q3 results prove doubters wrong
Low-cost carrier Norwegian Air Shuttle has posted surprisingly robust third quarter results. more
31/10/2017
in Airline Profiles , News , Ishka insights , Premium , Aircraft Finance Market
Lessors move quickly to seize Monarch’s leased fleet
Lessors have acted swiftly to repossess aircraft from Monarch Airlines which was taken into administration last week. more
13/10/2017
in Lessors and Lease Rates , Airline Profiles , Ishka insights , Premium
Lessors wait to hear from toppled Monarch
Monarch’s collapse means lessors are preparing to have to remarket its fleet of A321 aircraft. more
02/10/2017
in Lessors and Lease Rates , Airline Profiles , Ishka insights , Aircraft Finance Market
Are lessors too complacent about South African Airways?
As South African Airways narrowly avoids defaulting for the second time this year Ishka asks whether lessors are perhaps too complacent about the potential risks facing the airlines. more
26/09/2017
in Lessors and Lease Rates , Airline Profiles , Ishka insights , Aircraft Finance Market
Kenya Airways seeks 5-year waiver on $1.9 billion Afrexim loan
Ishka examines Kenya Airways’ breach of terms on its $1.9 billion syndicated loan arranged by the African Export-Import Bank to fund 20 aircraft and its effort to obtain a payment holiday and lease reductions. more
18/09/2017
Update: Alitalia will not restructure leases until after sale
An update to our previous Insight. Alitalia will not restructure any leases until it knows who the new owner will be. more
14/09/2017
in Airline Profiles , Ishka insights , Aircraft Finance Market
Lessors adopt ‘wait and see’ approach to Alitalia
Lessors who have aircraft placed with Alitalia, the Italian flag-carrier currently in administration, are waiting to see what will happen to the airline before making any commercial decisions. more
06/09/2017
in Airline Profiles , Ishka insights , Aircraft Finance Market
Update: the scramble for airberlin’s assets
Ishka reviews the fallout from airberlin’s insolvency as competitor airlines bid for assets. more
31/08/2017
in Airline Profiles , Ishka insights , Aircraft Finance Market
Is Norwegian’s low-cost long-haul model sustainable?
Ishka compares Norwegian Air Shuttle with a regional rival low-cost carrier, Wizz Air, to understand just how expensive Norwegian’s long-haul ambitions are proving to be. more
29/08/2017
Will Brexit force the UK to drop out of the European open skies deal?
In a special guest insight piece, RDC Aviation Economics’ Tim Coombs, looks at the impact of Brexit on airlines and airports. more
21/08/2017
Lessors ponder fall out from airberlin’s collapse
Ishka reviews how the German carrier’s recent insolvency could impact Airbus aircraft lease rates. more
17/08/2017
What went wrong with Etihad’s equity alliance strategy?
Etihad made a net loss of $1.87 billion in 2016, due partly to losses stemming from its stake in other airlines. Ishka examines Etihad’s equity alliance strategy to understand the flaws in the Gulf carrier’s strategy. more
07/08/2017
fastjet’s rough road to recovery
Ishka re-examines whether fastjet’s new strategy is enough to save the low-cost carrier. more
18/07/2017
European Airlines’ labour efficiency in two charts
Ishka’s analysis highlights the gulf in labour productivity between many of the major European carriers. more
28/06/2017
What’s next for Qatar Airways?
Qatar Airways, the Middle East’s fastest expanding carrier, is set to be the airline worst affected by the ongoing crisis in the Gulf. Ishka looks at how the airline could respond. more
14/06/2017
Is the boom period over for the ME3 carriers?
In this Insight, Ishka looks at the key developments and challenges affecting the ME3 (Emirates, Etihad & Qatar Airways) carriers. more
11/06/2017
Jet fuel hike hits US Q1 earnings
Is this the beginning of the end for cheap fuel? According to IATA, global jet fuel prices are on average 10.3% higher than they were a year ago. Ishka looks at how this has affected the largest North American and European carriers in the first quarter of 2017. more
07/06/2017
in Airline Profiles , Ishka insights , Aircraft Finance Market
North American FSCs post marginally weaker results
After enjoying record profitability during the past three years, the North American Full-Service Carriers (FSCs) collectively posted marginally weaker results in full year 2016 mainly on account of revenue pressures. more
05/06/2017
airberlin: is European airline consolidation finally on the cards?
European airlines have consolidated much more slowly than airlines in the United States. Following the bankruptcy of Alitalia, airberlin’s ongoing restructuring programme could spur the market in to action more
01/06/2017
Could Emirates slide into the red?
Ishka looks at whether Emirates’ 80% fall in profitability in 2016/17 suggests a more worrying long-term trend. more
16/05/2017
How sustainable is LATAM’s return to profitability?
LATAM Airlines posted its first annual net profit in six years in 2016. Ishka looks at whether this profit is on the back of improving operations and whether it is sustainable. more
03/04/2017
The Aviation Investival : New York
Oct 16 - Oct 17, 2018
Stewart Hotel, United States
Ishka is bringing our unique festival format to New York in 2018! Keeping a strong focus on the capital markets, the event promises to connect an even wider network of investors with key stakeholders in the aviation indu...More info
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