After a decade of growth, 2019 Q1 passenger numbers in Sweden are 4.2% lower than the same period in 2018. Is aviation finance waking up to the long term risk of climate-conscious passengers? more

17/07/2019

in Regulatory and Accounting , Aircraft Finance Market

The continued uncertainty over the length of the MAX grounding poses a dilemma to lessors- a handful of which have offered their airline customers rental holidays or deferrals. more

15/07/2019

in Lessors and Lease Rates , Aircraft Finance Market

As the MAX grounding enters its fourth month, affected airlines are growing impatient with Boeing over the OEM’s muted response to their calls for remedy.. more

11/07/2019

in Airline Profiles , Aircraft Finance Market

Aircraft lessor BOC Aviation has returned to the ABS market after a four-year absence for its second ABS - Silver Aircraft Leasing Limited. more

10/07/2019

in Lessors and Lease Rates , Aircraft Finance Market , Capital Markets

Ishka examines three of the weakest state carriers: Garuda Indonesia, Kenya Airways and South African Airways which together lost a combined $719 million in 2017 alone. more

08/07/2019

in Airline Profiles , Aircraft Finance Market

Ishka summarizes some of the talking points at its recent festival, held last week in Dublin. more

01/07/2019

in Aircraft Finance Market

Used 737-800 lease rates climb higher and lessors win longer extensions as MAX faces recertification delays. more

28/06/2019

in Lessors and Lease Rates , Aircraft Finance Market

Tokyo-based fund manager Mercuria Investment (Mercuria) is launching two aviation equity funds for Japanese institutional investors. more

21/06/2019

in Aircraft Finance Market

Aircraft lessor BBAM Aviation Services Limited (BBAM) is in the market with its third aircraft ABS, Horizon Aircraft Finance II. more

20/06/2019

in Capital Markets , Aircraft Finance Market

A US private equity firm and a separate US equity fund manager have won bids to acquire separate leased aircraft portfolios from AerCap and Aircastle. more

04/06/2019

in Aircraft Asset Profiles , Aircraft Finance Market

Aircastle took roughly a 10% delta y-o-y—on its rental yields and net cash margins in Q1 2019 following the bankruptcies of just two of its 86 lessees, Jet Airways (India) and Avianca Brazil (Brazil). more

03/06/2019

in Lessors and Lease Rates , Aircraft Finance Market

JOL Air Limited is the first aircraft ABS to include a Japanese Operating Lease (JOL) structure. more

22/05/2019

in Lessors and Lease Rates , Aircraft Finance Market

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

FLY Leasing has chosen not to exercise the 2019 A320neo options it inherited as part of the AirAsia transaction. more

17/05/2019

in Lessors and Lease Rates , Aircraft Finance Market

Ireland-headquartered Goshawk Aviation conduct a roadshow for its debut aircraft ABS - the youngest aircraft ABS with tradable E-note to date. more

15/05/2019

in Lessors and Lease Rates , Capital Markets , Aircraft Finance Market

Attendees and appraisers at ISTAT Asia did not think the MAX would be flying again in time for the summer season and asked how the grounding could impact MAX values and lease rates. more

14/05/2019

in Aircraft Asset Profiles , Aircraft Finance Market , Regulatory and Accounting

GECAS has closed its fifteenth asset-backed securitisation (ABS) backed by narrowbody leased aircraft - STARR 2019-1 and the second to involve a tradable equity note (E-note). more

12/05/2019

in Capital Markets , Aircraft Finance Market

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

Lessors are in limbo following the MAX grounding while 737 MAX lease rates are likely to remain low in the short-term. more

02/05/2019

in Lessors and Lease Rates , Aircraft Finance Market

Financial markets and credit agencies have decisively shrugged off Avolon’s HNA woes as investors jumped feet first into the lessor’s gargantuan $2.5 billion issuance of senior unsecured debt in early April 2019. more

01/05/2019

in Lessors and Lease Rates , Aircraft Finance Market

US fund manager and leasing firm Castlelake has priced its sixth structured ABS financing, Castlelake Aircraft Structured Trust 2019-1 (CLAS 2019-1). more

17/04/2019

in Capital Markets , Aircraft Finance Market

Aircraft investors and lessors gathered at Ishka’s Aviation Finance Europe conference last week confirmed that returns on new technology leased aircraft, such as the Boeing 737 MAX and Airbus A320neo, have tightned forcing many investors seeking higher returns towards older aircraft. more

15/04/2019

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

Ishka summarises some of the key takeaways from the Ishka’s Investing in Aviation Finance Europe conference held last week in London. more

12/04/2019

in Regulatory and Accounting , Capital Markets , Aircraft Finance Market

Ishka examines two new aviation equity funds one launched by Aero Capital Solutions, which has closed at $200 million, and another, by PH Aviation Asia, which is still seeking investors. more

11/04/2019

in Capital Markets , Aircraft Finance Market

Ishka reviews some of the key market concerns raised by the public aircraft lessors including AerCap, Aircastle, ALC, and Fly including a potential slow-down in capital from China, Jet Airways’ and the tension of enforcing the Cape Town Convention in Brazil. more

08/04/2019

in Lessors and Lease Rates , Capital Markets , Aircraft Finance Market

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

AWG has published GATS draft documentation ahead of its planned Q1 2020 release. In it, the organisation takes pains to address some of the common question that the market has had over its project. more

03/04/2019

in Regulatory and Accounting , Technical Expertise , Aircraft Finance Market

Boeing's MAX software fix has been delayed from days to weeks by the FAA, who are themselves losing the confidence of aviation authorities worldwide. more

02/04/2019

in Regulatory and Accounting , Aircraft Finance Market , Aircraft Asset Profiles

South Korean equity investors are open to more aviation deals including aircraft ABS e-notes, according to aviation financiers and lessors speaking at Ishka’s Hong Kong Investival last week. more

01/04/2019

in Lessors and Lease Rates , Capital Markets , Aircraft Finance Market

Japan remained a centrepiece of discussion at Ishka’s Investival Asia in Hong Kong, with participants confident about aviation's continued appeal for Japanese investors, but uncertain about where recent tax reforms leave non-Japanese banks. more

29/03/2019

in Capital Markets , Aircraft Finance Market , Investor Education

CDB Aviation’s CEO Peter Chang and President Pat Hannigan believe that higher funding costs and declining yields will deter Chinese investors from creating more leasing platforms. more

25/03/2019

in Lessors and Lease Rates , Aircraft Finance Market

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

A panel of leasing CEOs from GECAS, SMBC Aviation Capital, CDB Aviation and Air Lease Corporation debate whether the aviation finance industry is entering a downturn. more

18/03/2019

in Lessors and Lease Rates , Aircraft Finance Market

Optimism-driven growth was the main theme of Air Lease Corporation’s performance in 2018. But with gains from trading showing some softness across several top lessors, Ishka wonders if weakness in the secondary markets may be emerging. more

15/03/2019

in Lessors and Lease Rates , Aircraft Finance Market

Lessor chiefs decline to speculate on the causes of the crash. more

12/03/2019

in Lessors and Lease Rates , Aircraft Finance Market , Regulatory and Accounting

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

After missing a bond payment and having two real estate stakes frozen, CMIG is rumoured to be exploring selling off some of its subsidiaries, including its aircraft leasing arm, to meet its financial commitments. more

05/03/2019

in Lessors and Lease Rates , Aircraft Finance Market

AerCap's capex in 2018 was unprecedented, resulting in significant improvement of the lessor's fleet metrics. Yet full-year revenues largely failed to reflect the quality of the newly expanded fleet. Ishka explores the possible reasons. more

28/02/2019

in Lessors and Lease Rates , Aircraft Finance Market

Ishka summarises sections of the 2019 Japanese tax reform relevant to the JOL/JOLCO market and its potential effects on market participants. more

26/02/2019

in Regulatory and Accounting , Aircraft Finance Market

In the past 12 months, turboprop lessors have seen lease rates stabilise for both ATR72-600 and Bombardier’s Dash 8 Q400. Ishka analyses the market performance of the two large turboprops and what lessors make of this slice of the market. more

25/02/2019

in Lessors and Lease Rates , Aircraft Finance Market

In January a new accounting standard, IFRS 16, which puts operating leases on an airline’s balance sheet came into effect. Colin Sach, an aviation corporate finance adviser asks how the new accounting standard could impact airline fleet management. more

22/02/2019

in Regulatory and Accounting , Modelling and Forecasting , Aircraft Finance Market

Aircastle’s mostly positive results for the full year 2018 were overshadowed by the ongoing concerns for the fate of the lessor’s aircraft operated by Avianca Brazil. more

19/02/2019

in Lessors and Lease Rates , Regulatory and Accounting , Aircraft Finance Market

Merx Aviation is in the market with a new $429.1 million aircraft securitisation, MAPS 2019-1 Limited which will refinance the 2014 RISE Ltd aircraft ABS transaction (RISE). more

18/02/2019

in Lessors and Lease Rates , Capital Markets , Aircraft Finance Market

JOL/JOLCO lessors, offshore lenders and equity investors alike could be hit by upcoming Japanese tax reforms. more

11/02/2019

in Regulatory and Accounting , Aircraft Finance Market

Hopes that India could soon introduce the Cape Town Convention into its domestic legislation have been dashed, with progress unlikely until at least mid-2019. more

05/02/2019

in Regulatory and Accounting , Aircraft Finance Market

Equity returns for leased aircraft continue to tighten. more

04/02/2019

in Capital Markets , Investor Education , Aircraft Finance Market

Aircraft lessors and financiers indicate a greater resolve in trying to preserve returns for 2019. more

29/01/2019

in Lessors and Lease Rates , Modelling and Forecasting , Aircraft Finance Market

Following requests, Ishka is extending its Deal of the Year Awards submission deadline to 7th February 2019. more

24/01/2019

in Aircraft Finance Market

Although JOLs and JOLCOs have been two of the most commonly used tax leases in the market in recent years, market chatter indicates an end to the days of plenty. more

15/01/2019

in Aircraft Finance Market