US aircraft lessor ACG gains traction with ECA-like product
Ishka examines ACG’s private aviation finance guarantee programme, AFS. more
13/12/2018
Investments in aviation finance – a return comparison
In a guest report asset manager and consultancy, AgFe, examines how aircraft equity returns compare to other real asset classes including airlines, REITs, shipping and the MSCI World Index. more
11/12/2018
Anatomy of a deal: Korean pension fund buys into ANA B777 mezz debt
Detailed market intelligence on lease rates, loans, and asset values, from Ishka. more
10/12/2018
in Aircraft Asset Profiles , Lessors and Lease Rates , Investor Education , Aircraft Finance Market
Fund watch: Sirius delays IPO; Ostrum seeks investors
Sirius Aviation Capital Holdings Limited, the Guernsey-based lessor launched by Ryanair’s ex-deputy CEO, Howard Millar, has delayed its IPO for the second time this month, while Ostrum Asset management launches a new aviation debt fund. more
07/12/2018
Thomas Cook feels the heat as shares fall by 55%
Thomas Cook blames the European heatwave this year for disappointing financials. Ishka investigates. more
06/12/2018
Ishka research update: Nepal Airlines struggles with $233m cost of new A330s
Detailed market intelligence on lease rates, loans, and asset values, from Ishka. more
04/12/2018
in Aircraft Asset Profiles , Airline Profiles , Aircraft Finance Market
Indigo Partners to the rescue after Icelandair axes WOW acquisition
Franke goes to Iceland: An eleventh-hour agreement to invest from Indigo Partners, founded by Bill Franke, has saved WOW Air after its acquisition by Icelandair was cancelled last week. more
03/12/2018
Alitalia fails to take leased engine delivery
Dispute with Aircraft Engine Lease Finance Limited could be costly for an insolvent carrier. more
22/11/2018
A marriage of convenience: Icelandair and WOW’s share swap
Ishka examines a merger between Iceland’s ailing adversaries. more
09/11/2018
Canada Jetlines breaches Boeing contract with A320 leases
The new carrier terminated its B737 MAX order to lease A320s from AerCap. more
08/11/2018
in Lessors and Lease Rates , Airline Profiles , Aircraft Finance Market
Stoptober: autumn’s failed airlines
After several airlines failures in the past few months, Ishka asks: is this par for the course or cause for concern? more
06/11/2018
TAP’s path to recovery
Ishka studies how Portugal’s flag carrier, TAP, has adapted its business model following the privatisation in 2015. more
01/11/2018
.svg.png)
Ishka research round-up: Finnair leases A350-900 for $1.115m
Detailed market intelligence on lease rates, loans, and asset values, from Ishka. more
30/10/2018
in Aircraft Asset Profiles , Lessors and Lease Rates , Airline Profiles , Aircraft Finance Market
‘Expect more airline failures this winter’ says Ryanair’s O'Leary
European airlines are split on whether there will be more bankruptcies this winter. more
26/10/2018
Lessons learned from Veling’s failed 777 leases
Veling has experienced a run of bad luck on two of its B777-200ERs. more
24/09/2018
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
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
The Aviation Investival Korea
Mar 21, 2019
FKI Tower 24, Korea
The only dedicated Korean aviation investor event returns to Seoul in March 2019 with some new twists and surprises.More info
Successfully navigating the aviation cycle
Trusted information for calculated decisions
Bespoke Ishka consultancy services
more
