As fuel costs rise and airline bankruptcies have piled up in 2019, aviation financiers debate whether banks have become more sensitive to airline credit risk in the past year. more

20/05/2019

in Airline Profiles , Capital Markets , Aircraft Finance Market

Ishka studies how Aegean has achieved continuous growth despite the fact that Greece’s GDP has shrunk by 25% since 2008. more

07/05/2019

in Airline Profiles

In the latest in the HNA saga, the firm's group of airlines have reported dismal 2018 results as the parent continues to look for assets to sell off. more

06/05/2019

in Airline Profiles , Aircraft Finance Market

Low-cost carrier Norwegian Air Shuttle has scaled back growth of its captive lessor, Arctic Aviation Assets (AAA), by delaying aircraft deliveries for the next two years. more

30/04/2019

in Main Categories , Aircraft Asset Profiles , Airline Profiles , Regions

Ishka analyses the latest developments in Jet Airways’ fleet and the hurdles lessors could face. more

16/04/2019

in Lessors and Lease Rates , Airline Profiles

Lessors are still seeking to repossess aircraft from struggling Latin American carrier Avianca Brazil, as its creditors actively explore auctioning off the airline’s assets. more

10/04/2019

in Lessors and Lease Rates , Airline Profiles

Ishka examines the level of optimism hinted by other airline schedules, the impact of the immediate MAX order backlog on operators, and how large and small airlines exposed to the type are reacting. more

05/04/2019

in Airline Profiles , Modelling and Forecasting , Aircraft Finance Market

Icelandic carrier WOW Air ceased operating on 28th March after talks failed on a lifeline investment from Indigo Partners. Ishka assesses the impact on lessors. more

28/03/2019

in Lessors and Lease Rates , Airline Profiles

Azul’s acquisition of Avianca Brazil’s aircraft leases and airport slots needs to be closed “fast” in the next 60 days if the struggling Avianca spin-off wants “business". more

22/03/2019

in Lessors and Lease Rates , Airline Profiles

Jet Airways has reached a critical juncture in the negotiations for its survival with potential rescuers Etihad and the State Bank of India (SBI) locking horns as more aircraft are grounded. more

20/03/2019

in Lessors and Lease Rates , Airline Profiles

Norwegian says it is "obvious" Boeing will pick up the bill for the cost of the MAX groundings, but how likely is it that airlines will receive compensation from the OEM? more

19/03/2019

in Airline Profiles , Aircraft Finance Market , Aircraft Asset Profiles

Lessors appealing a court-mandated stay on repossessions on leased aircraft with Avianca Brazil are looking at a non-binding asset takeover deal by LCC Azul with interest. more

14/03/2019

in Lessors and Lease Rates , Airline Profiles

Chinese and Indonesian aviation authorities have grounded 737 MAX aircraft after the second crash in five months of a new MAX during take-off. more

11/03/2019

in Airline Profiles , Aircraft Finance Market

Japanese group MUFG is to acquire German DZ Bank’s aviation finance division as part of the dismantling of DVB Bank, DZ’s troubled transport finance business. Ishka analyses DVB AAM's managed fleet and the Deucalion aviation funds. more

08/03/2019

in Lessors and Lease Rates , Aircraft Finance Market , Aircraft Asset Profiles , Airline Profiles

More than half of Norwegian’s 162 aircraft fleet (51%) is currently leased from third party lessors. Ishka analyses the exposure of aircraft lessors to the long-haul low-cost carrier. more

06/03/2019

in Aircraft Asset Profiles , Airline Profiles

Norwegian Air Shuttle (Norwegian) has been a pioneer in making the idea of long-haul low-cost a reality. However, as Ishka has previously stated, the airline’s current business model is unsustainable. more

04/03/2019

in Aircraft Asset Profiles , Airline Profiles

Struggling Indian carrier Jet Airways has confirmed it has grounded at least 25 leased aircraft in February and March due to non-payment to lessors. The troubled carrier has effectively shrunk its operational fleet by around 35% since the start of the year. more

01/03/2019

in Lessors and Lease Rates , Airline Profiles

Aircraft lessors exposed to ailing carrier Avianca Brazil are expected to remain on stand-by until next month despite new court developments technically paving the way for aircraft repossessions. more

20/02/2019

in Lessors and Lease Rates , Airline Profiles , Regulatory and Accounting

Following a share slump and rising debt last year Thomas Cook has announced a potential sale of its four subsidiary airlines. Ishka examines Thomas Cook’s leased fleet and lessor exposure. more

15/02/2019

in Lessors and Lease Rates , Airline Profiles

Indian airlines had a tough year in 2018. A mixture of capacity growth, rising costs and fierce competition has put pressure on yields and margins. more

13/02/2019

in Airline Profiles , Modelling and Forecasting

A new conundrum emerged in the aircraft leasing market last week: Germania. The Berlin-based leisure airline filed for bankruptcy on February 4 after 32 years in operation. more

08/02/2019

in Aircraft Asset Profiles , Lessors and Lease Rates , Airline Profiles

Aircraft lessors exposed to Avianca Brazil have appealed a controversial 73-day extension to a stay on aircraft repossessions granted by a court in Sao Paulo on February 1. more

06/02/2019

in Aircraft Asset Profiles , Lessors and Lease Rates , Airline Profiles , Regulatory and Accounting

Investors should get confirmation this week whether troubled Indian carrier Jet Airways, which denied earlier aircraft repossession reports, has agreed to an equity lifeline from its two largest backers. more

01/02/2019

in Aircraft Asset Profiles , Lessors and Lease Rates , Airline Profiles

Ishka looks at airlines that began life in 2018, and asks how secure are the plans for some of these start-ups? more

25/01/2019

in Airline Profiles

Investors have helped the troubled German airline to meet a €20 million shortfall to keep operating but the charter carrier remains on Ishka's watch list. more

17/01/2019

in Airline Profiles

As part of a regular series looking at the trends in air traffic and capacity, in this Insight Ishka reviews the year-on-year changes in traffic and capacity between January and November 2018. more

09/01/2019

in Airline Profiles

Mainstream media has been agitated as of late over some of the more recent airline failures. But is there any cause for concern? more

07/01/2019

in Airline Profiles

Ishka studies the prospects for Germania, an independent niche leisure German carrier. more

01/01/2019

in Airline Profiles

Thomas Cook blames the European heatwave this year for disappointing financials. Ishka investigates. more

06/12/2018

in Airline Profiles

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

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

in Airline Profiles

Dispute with Aircraft Engine Lease Finance Limited could be costly for an insolvent carrier. more

22/11/2018

in Airline Profiles , Aircraft Finance Market

Ishka examines a merger between Iceland’s ailing adversaries. more

09/11/2018

in Airline Profiles

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

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

in Airline Profiles

Ishka studies how Portugal’s flag carrier, TAP, has adapted its business model following the privatisation in 2015. more

01/11/2018

in Airline Profiles

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

European airlines are split on whether there will be more bankruptcies this winter. more

26/10/2018

in Airline Profiles

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

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

in Airline Profiles

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

in Airline Profiles

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

in Airline Profiles

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

Administrators and ex-lessors are in dispute over security deposits and maintenance reserves. more

22/06/2018

in Lessors and Lease Rates , Airline Profiles

Ishka reviews airline novation charges for lessors. more

12/06/2018

in Lessors and Lease Rates , Airline Profiles

The low-cost carrier wants to free up its balance sheet and reduce costs by moving away from operating leases. more

30/04/2018

in Airline Profiles , Aircraft Finance Market

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

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

in Airline Profiles , Ishka insights

The continued confidence of shareholder Etihad Airways, is crucial to the airline’s future. more

06/04/2018

in Airline Profiles

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