Latest News

  • JAL’s cash remains robust amid tough environment

    Japan Airlines (Jal) maintained a healthy cash position at the end of September amid a challenging period filled with natural disasters, rising fuel prices.

  • Avic Leasing lands $350m in fresh funds

    Avic International Leasing Co netted $350m on Tuesday from a three year bond, opting for a slightly different pricing strategy by starting the deal at a relatively tight guidance.

  • DVB sale gathers momentum

    The sale of the aviation division of DVB Bank is now entering its final phase, according to multiple sources.

  • Hong Kong 2018: Avolon-Orix ‘transformation step' to investment grade: Higgins

    “Even if you’re investment grade you …want to be accessing other forms of capital, be that on the equity side or other forms of debt capital...”

  • Hong Kong 2018: Hong Kong 2018: Aviation ‘blessed’ with long-term growth: DAE

    Firoz Tarapore, chief executive officer of DAE Capital, says the industry is “blessed by very, very favourable long-term growth dynamics”.

  • Hong Kong 2018: SLB pricing 'moved against' Goshawk

    “For us, it’s about if that market becomes sensible again and pricing returns to more normal levels we would expect to be doing more sale and leasebacks,” says Kelly, adding that pricing has “moved so far against” Goshawk.

  • Hong Kong 2018: Retaining young talent is 'challenge' for lessors: Kelly

    “There’s huge interest in aircraft leasing. It’s seen as a very attractive sector to work in and lots of young people are very interested in coming in the sector. The challenge, then, is keeping them, I suppose. Not in the sector, but in your business,” says Ruth Kelly, speaking at the Airfinance Journal Asia Pacific 2018 conference at the Conrad Hotel in Hong Kong.

  • More ABS this year but less to finance aircraft: MUFG

    There has been less asset backed securitisation (ABS) transactions to finance portfolios this year compared to last year as lessors look to use the product more as a tool to sell portfolios, according Olivier Trauchessec, managing director, head of transportation Americas, MUFG Securities.

  • Hong Kong 2018: Hong Kong boosts air finance education

  • CDB Aviation confirms COO appointment

    CDB Aviation has confirmed the appointment of former SMBC Aviation capital executive Nick Hazeldine as the company’s chief operating officer, after Airfinance Journal first reported the news on 22 August.

  • Spirit Airlines closes 43-unit PDP facility

    The final maturity of the facility is 30 December 2020. Credit Agricole CIB and NordLB acted as co-lead arrangers and bookrunners. Credit Agricole CIB will act as facility agent.

  • Cross Ocean begins investing debut aviation fund

    Cross Ocean Partners, a US asset manager, has finalised a $438 million aviation fund to invest in late-life commercial aircraft and engines.

  • Turbulent summer cuts Ryanair profit

  • Tata in talks to buy Jet stake: report

    India’s Tata Group has held preliminary talks to buy a large stake in Jet Airways, according to The Times of India.

  • Airspeed sells narrowbodies

  • Kroll affirms Voyager issuer rating

    Additionally, KBRA assigns a ‘B+’ senior unsecured debt rating with a ‘stable outlook’ to Voyager’s $500 million 8.5% senior notes maturing in 2021.

  • Air India struggles for credit despite government guarantee

    The airline wants to draw the loan within three working days after awarding the bid to the successful bank or banks.

  • Room for AFIC even if Ex-Im returns: ING

    Aircraft Finance Insurance Consortium (AFIC) will still play a significant role in financing new Boeing deliveries even if the US Export-Import Bank (Ex-Im Bank) resumes activity, according to ING’s managing director and head of structured export finance.

  • Airline leaders on China rich list

    Several Chinese airline executives have been named in the 2018 Hurun China Rich List, an annual report of China’s wealthiest people.

Related Analysis