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News Stories (24 Results) - Commercial Aircraft

CIT Group announced that its Commercial Finance unit served as sole lead arranger for a $422 million senior secured loan financing to White Oak Commercial Aviation, LP, an affiliated entity of White Oak Global Advisors, LLC (White Oak) that is wholly... Read Story
January 19, 2018, 07:20 AM


White Oak Global Advisors, LLC announced it completed a $550 million transaction with GE Capital Aviation Services (“GECAS”) to buy and immediately lease back 20 wide body aircraft engines.To facilitate this transaction, and to strengthen and grow... Read Story
January 19, 2018, 07:19 AM


Boeing anticipates diverse markets and participants will continue the upward trend in availability of efficient financing for record new aircraft deliveries in the next year.Now in its tenth year, the annual Boeing Current Aircraft Finance Market... Read Story
December 08, 2017, 07:05 AM


Airbus SE and Bombardier Inc. are to become partners on the C Series aircraft program. A corresponding agreement was signed on October 16, 2017.  The agreement brings together Airbus’ global reach and scale with Bombardier’s newest, state-of-the-art... Read Story
October 17, 2017, 07:04 AM


Bombardier Commercial Aircraft released its 20-year Market Forecast for the 60- to 150-seat segment. According to this new 2017-2036 Market Forecast, the 60- to 150-seat seat segment will be a catalyst to further growth, market penetration and... Read Story
September 14, 2017, 07:14 AM


Air Lease Corporation announced that a wholly-owned subsidiary of the Company entered into a joint venture with a co-investment vehicle (the “JV Partner”) arranged by Napier Park Global Capital for the purpose of investing in commercial aircraft and... Read Story
August 04, 2017, 07:22 AM


CIT Group announced that it completed the sale of its commercial aircraft leasing business to Avolon Holdings Limited (Avolon), the international aircraft leasing company and wholly-owned subsidiary of Bohai Capital Holding Co. Ltd., for a purchase... Read Story
April 05, 2017, 07:02 AM


CIT Group announced that CIT Aerospace finished 2016 on a strong operating note. During the fourth quarter of 2016, CIT Aerospace signed 26 lease agreements for current and future leases of commercial aircraft and delivered 17 aircraft, including new... Read Story
February 28, 2017, 07:03 AM


Air Lease Corporation announced long term lease agreements with China Southern Airlines for five new Boeing 787-9 aircraft outfitted with GE’s GEnx engines, all from ALC’s order book with Boeing.  Delivery of the aircraft is scheduled to begin in the... Read Story
February 06, 2017, 07:00 AM


Aircraft leasing companies are poised for favorable industry dynamics in 2017 and should benefit from strong growth of global air traffic, according to a new report from Fitch Ratings. Moderate increases in energy prices will reduce airline... Read Story
January 13, 2017, 07:04 AM


CIT Group Inc. announced it has entered into a definitive agreement to sell CIT Commercial Air, its commercial aircraft leasing business, to Avolon Holdings Limited (“Avolon”), the international aircraft leasing company and a wholly-owned subsidiary... Read Story
October 07, 2016, 07:18 AM


CIT Group announced that CIT Aerospace, Defense & Government Finance provided a $35 million senior secured credit facility to Mesa Airlines, a provider of regional air service for American Airlines and United Airlines. Mesa Airlines is the... Read Story
September 23, 2016, 07:10 AM


Aircraft lessors around the world continue to benefit from increased air travel, strong airline profitability, low interest rates and generally accessible funding markets, according to Fitch Ratings' latest North American FI Chart of the Month and... Read Story
September 20, 2016, 07:06 AM


CIT Group announced that CIT Aerospace signed a total of 22 agreements in the first quarter of 2016 for the current and future leases of commercial aircraft. CIT Aerospace delivered 16 aircraft, including new and used aircraft and lease extensions of... Read Story
May 23, 2016, 07:10 AM


Willis Lease Finance Corporation announced Marc Pierpoint has joined the firm as its Vice President, Portfolio Management & Trading.“Marc brings strong leadership skills to Willis Lease and has extensive experience in business development, sales... Read Story
April 14, 2016, 07:16 AM


The global airline industry currently has access to an abundance of fragmented capital, but there may not be an equal abundance of market awareness to adapt to potential changes in market conditions. This fragmentation has served the industry well... Read Story
September 29, 2015, 07:05 AM


CIT Commercial Air, a segment of CIT Aerospace, a global leader in aircraft finance, announced several key promotions within its Financial Institutions Group.John Morabito, Managing Director and Head of the Financial Institutions Group, said, "We are... Read Story
March 04, 2015, 07:00 AM


GE Capital has released a national survey of C-suite executives at middle market companies (ranging from $10 million - less than $1 billion in sales). The survey, which is broken out by industry including those in commercial aviation, examines... Read Story
August 01, 2014, 06:38 AM


A maturing small twin-aisle aircraft market presents challenges and opportunities for Airbus as it considers the future of its A330 aircraft, according to Steve Mason, Vice President of Aircraft Analysis, CIT Aerospace at CIT Group. These views and... Read Story
March 18, 2014, 06:04 AM


The airline industry, and with it, air traffic, is expected to increase in 2014, with Asia and Latin America representing the fastest growing markets, according to Tony Diaz, President of CIT Aerospace at CIT Group. These views and others are... Read Story
March 13, 2014, 06:42 AM


International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced that it has completed 125 lease transactions during the January through June timeframe of 2013. These transactions include... Read Story
July 09, 2013, 07:00 AM


CIT Group Inc. announced that in 2012, CIT Aerospace, a global leader in transportation finance, delivered 56 aircraft to its airline customers around the world. These deliveries include new and used aircraft and lease extensions of the existing... Read Story
February 12, 2013, 07:21 AM


American International Group, Inc. and an investor group led by Mr. Weng Xianding, the Chairman of New China Trust Co. Ltd., announced today that they have entered into an agreement under which AIG will sell up to a 90% stake in International Lease... Read Story
December 10, 2012, 07:26 AM


CIT Group Inc., announced from the Farnborough International Air Show (Air Show) that CIT Aerospace has placed orders with Airbus for 10 A330 aircraft in 2012. Five A330 aircraft were ordered earlier this year in conjunction with the cancellation of... Read Story
July 11, 2012, 06:30 AM