But in May, Lithuanian lessor Avion Express and Italian lessor Blue Panorama both ended their contracts with Cubana, the companies told Reuters, without explaining why.
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SINGAPORE (Reuters) - Asia's second-biggest aircraft lessor, BOC Aviation Ltd (210.
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SINGAPORE (Reuters) - Hong Kong-listed aircraft lessor BOC Aviation Ltd (2588.
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Haloho declined to name who the lessor for the Boeing jets was.
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CALC is currently the largest aircraft operating lessor in China and is .
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For a graphic on Jet Airways planes hamstrung by lessor defaults, see - tmsnrt.
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CDB says it is the world's 11th largest aircraft lessor by fleet size.
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You can also deduct any additional taxes from rent you pay to the lessor.
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Last year, BOC Aviation raised $1.1 billion in the biggest IPO by an aircraft lessor.
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Only after these are cleared is the lessor allowed to fly the aircraft out of India.
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Otherwise, Avianca Brasil will lose the planes as the lessor already has a favorable court order.
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We're told Tyga missed a couple of his lease payments, and the lessor wasn't taking any chances.
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The Amedeo model could start in 2023 when planes are due to be returned to the lessor.
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A lessor can, however, use a Starter Interrupt Device (SID), which remotely deactivates a vehicle's ignition system.
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Although Ireland's first lessor, Guinness Peat Aviation (GPA), collapsed in 1993, Ireland has remained the industry's global hub.
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Ireland-based lessor Avolon declined to comment when asked about the status of its planes with Air Berlin.
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This has benefits for both airlines and investors, explains Alec Burger, chief executive of GECAS, the world's biggest lessor.
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The company also announcement that it agreed to sell 100 planes to the U.S. plane lessor Air Lease Corporation.
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The carrier turned to AerCap Holdings NV, the largest independent lessor, to help find planes coming onto the market.
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"After a sizable bet on online car-lessor Fair, that company is struggling to stay afloat," the WSJ reports.
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HK), Asia's second-biggest aircraft lessor, said on Thursday it will buy eight A330neo jets from Airbus SE (AIR.
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The current third-largest airplane lessor, Dublin-based SMBC Aviation Capital, has also been reported to be interested in AWAS.
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The Shanghai-based lessor provides equipment, shipping, and aviation leasing services; its domestic assets reached CNY10041643bn as of end-2015.
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Cancellation of long-haul routes after a lessor asked for planes to be returned is adding to uncertainty, he added.
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A wet-lease is an arrangement where the lessor provides an aircraft, complete crew, maintenance, and insurance to an airline.
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Air Transport Services surged 23.2 percent to $14.50 after the lessor said Amazon would lease 20 Boeing 17 freight aircraft.
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Earlier this week, HNA sold a 30 percent stake in aircraft lessor Avolon Holdings to Janpan's Orix for $2.2 billion.
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With a portfolio of about 250 planes, BOC Aviation is Asia's second-largest aircraft lessor after Japanese-owned SMBC Aviation Capital.
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The company, controlled by Brin's family, was listed in Google's 2017 proxy as a lessor of part of the Ames hangar.
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For the full year, up to 7 A320s and 23 737 MAXs could be delayed, the lessor said in a statement.
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The lessor, which has an investment grade rating, has already tapped into different sources of financing, including offshore renminbi-denominated bonds.
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And industrial property lessor Parque Industrial Mexicali signed a US$120m seven-year loan last month to refinance debt, sources said.
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Once a plane is de-registered, the lessor can take it out of the country and lease it to other airlines.
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The proceeds will be used for general corporate purposes, and maybe, to repay some of the existing debt, the aircraft lessor said.
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The world's two largest lessor fleets are managed from Shannon, though many of the 4,210 registered aircraft will never touch down there.
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BOC Aviation listed in Hong Kong last year when it raised $1.1 billion in the biggest IPO by an aircraft lessor globally.
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On Monday, De Havilland landed an order for 20 Dash 8-400 turboprops from lessor Palma Holding at the ongoing Dubai Airshow.
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State-owned aircraft lessor DAE said last month it had increased an existing $480 million four-year revolving credit facility to $800 million.
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"The first de-registration filing by one lessor opened the floodgates for many others," said one leasing source who has dealings with Jet.
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HK) is the only listed aircraft lessor in Asia, while the U.S. has a few listed sector players including AerCap Holdings NV (AER.
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Airbus was also said to be scouting for business in China, where it has a deal pending with lessor ICBC for 80 jets.
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It also provided 170 million pounds of long-term debt to Corelink Rail Infrastructure, a rolling stock lessor platform, it said in a statement.
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A year later it acquired rival Pegasus for $5.2 billion, merging the groups to create what was then the world's third-largest plane lessor.
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Those are the first E-Jets placed by AerCap, the launch lessor for the E2 program, with 50 firm orders already in Embraer's backlog.
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The IPO, set to be the world's biggest by an aircraft lessor, is expected in second quarter 2016, people familiar with the matter said.
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A representative said the carrier was operating with 35 planes but could lose 9 of them by Sunday, due to a claim by lessor Aircastle.
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DUBAI (Reuters) - State-owned aircraft lessor Dubai Aerospace Enterprise (DAE) said on Thursday it had increased an existing four-year loan deal to $800 million.
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Lessor GE Capital Aviation Services and an affiliate are seeking to repossess 12 Airbus A13s from Avianca Brasil, according to James Luton, a GE spokesman.
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Brazil's aviation regulator said on Thursday it would seek to ground a separate group of 10 planes at the request of a different lessor, GECAS.
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Denmark-based NAC, the world's largest turboprop lessor recently announced its expansion into regional jet leasing with the purchase of Jetscape, another jet leasing company.
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Reuters reported in December that AWAS had been put up for sale in an auction that could value the lessor at $7 billion, including debt.
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GE's move on GE Capital Aviation Services (GECAS), the world's second-largest lessor, follows expressions of interest from some of its competitors, the sources said.
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Major aircraft lessor Avolon said on Wednesday it and peers could benefit from the coronavirus outbreak as airlines shore up cash by refinancing their planes.
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On Monday, Denmark-based Nordic Aviation Capital, the world's largest turboprop aircraft lessor, said it would expand into regional jets by acquiring Florida-based Jetscape Aviation.
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Another lessor, Aviation Capital Group, which is owned by Pacific Life Insurance also received a favorable decision to repossess nine planes and has already taken three.
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N) for $10.4 billion in late 2016, creating the world's No.3 aircraft lessor after General Electric's GE Capital Aviation Services and U.S.-listed AerCap (AER.
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Once the world's biggest lessor of shipping containers, P&R sells containers to investors and its sister company in Switzerland rents them out to shipping companies.
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Asia's second-biggest aircraft lessor, which had 487 aircraft as at June 30, said it expected to take delivery of the aircraft in 2020 and 2021.
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If finalized, the deal would be a record single-order for the turboprop from a lessor, De Havilland vice president sales & marketing Philippe Poutissou told Reuters.
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"I think the party is over in terms of lower interest rates," said Robert Martin, CEO of Asia's largest-listed aircraft lessor BOC Aviation (13.HK).
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For more commentary on the broader sector review, please see 'Fitch Completes Aircraft Lessor Peer Review; Affirms Ratings for Eight Firms; Outlooks Stable', available at 'www.fitchratings.com'.
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The company provides aviation, shipping, and equipment leasing services and is the largest lessor in China with total domestic assets of CNY164 billion as of end-2016.
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Norwegian Air Shuttle, another low-cost carrier, now treats its fleet of more than 100 planes like a lessor, hiring some of them out to other operators.
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The 26-year-old reportedly missed several payments on the lease and the lessor sent a repo man with a spare key to pick up the vehicle.
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As of March 31, 13, Air Lease was the fifth-largest aircraft lessor in the world measured by total owned, managed and on-order aircraft (627 planes).
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Boeing said lessor BBAM had commissioned the planemaker to convert three 737-800 passenger jets to freighters to serve the growing e-commerce market and express air cargo.
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According to TMZ, Tyga, 26, missed several of the car's lease payments – and the lessor sent a repo man with a spare key to pick up the vehicle.
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DUBAI, Aug 20 (Reuters) - Government-controlled Dubai Aerospace Enterprise (DAE) said on Sunday it had completed the acquisition of Dublin-based AWAS, the world's tenth biggest aircraft lessor.
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Bank of China aims to launch the initial public offering (IPO) of lessor BOC Aviation, based in Singapore, in the second quarter of this year, the people said.
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"It is correct that the aircraft has been removed from service ahead of its return to the lessor in October," a spokesperson for the airline said by email.
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Reuters had reported in December citing sources that AWAS had been put up for sale in an auction that could value the lessor at $903 billion, including debt.
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The Hong Kong-listed lessor, controlled by state-owned conglomerate China Everbright Group, placed an order for 50 737 Max aircraft in June 2017 and later expanded the order.
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DUBAI/SINGAPORE, April 24 (Reuters) - Dubai Aerospace Enterprise Ltd (DAE) announced a takeover of Dublin-based aircraft lessor AWAS on Monday, adding more than 200 planes to its fleet.
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DUBLIN (Reuters) - Chinese aircraft lessor Bank of Communications Financial Leasing Co. (BoComm) may consider an initial public offering at some stage in the future, an executive said on Thursday.
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NEW YORK (Reuters) - Airlines owned by Chinese conglomerate HNA Group have missed payments due on leased aircraft, the chief executive of lessor Aergo Capital has told industry publication FlightGlobal.
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The Irish lessor on Wednesday was upgraded by Fitch Ratings from BB to BB+ with a positive outlook after it reported profit of $717 million for its 2018 financial year.
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SINGAPORE/HONG KONG (Reuters) - China's HNA Group Co Ltd is in advanced talks to sell a 30 percent stake in aircraft lessor Avolon Holdings Ltd to Japan's Orix Corp (8591.
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The Hong Kong lessor also signed a memorandum of understanding for 42 Boeing MAX 8 and 8 wide-body Boeing 787-9 airplanes at a ceremony at the Paris Airshow.
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Jet has been in talks with the lessor since securing the deal but it has given few details on settling pending lease payments and on its turnaround plans, he said.
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Sete Brasil's pursuit of an in-court reorganization could force Petrobras to compensate shareholders, creditors and suppliers of the rig lessor for refusing to sign the contract, lawyers have said.
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DAE will use part of the proceeds from the bond sale, together with cash on hand, to pay for the acquisition of Dublin-based lessor AWAS, announced earlier this year.
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The lessor - the world's fifth-largest by fleet size and fourth-largest by fleet value, according to its IPO prospectus - is selling shares to raise funds for more new aircraft.
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The cheer was capped by news that Petrobras will record a 1.3 billion-real ($326 million) provision in its first-quarter results because of a dispute with a bankrupt rig lessor.
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The order represents Avolon's largest ever engine order to date, and one of CFM's biggest ever engine transactions with a lessor for the LEAP engine, CFM and Avolon said on Tuesday.
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Jet did not respond to specific queries on lessor and salary payments but said in a statement that the airline has informed the aviation regulator it is operating a curtailed schedule.
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HONG KONG, July 1 (Reuters) - Two of Chinese aircraft lessor Bohai Financial's subsidiaries have agreed to buy 45 leased aircraft worth $2 billion from General Electric's GECAS, it said on Friday.
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Castlelake was ranked as the 32nd biggest lessor with the value of its total fleet estimated at $2.1 billion in consultancy FlightGlobal's ranking of top global lessors as of September 2018.
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At the end of March, Boeing had 91 net orders, but the company's leasing and lending services unit Boeing Capital moved four of its 20183 MAX delivery slots to a lessor.
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The agreed deal will allow Orix Aviation Systems Ltd, a fully-owned unit of Orix, to gain part control of a lessor that has 562 aircraft, nearly three times its size.
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The Hong Kong-listed lessor, controlled by state-owned conglomerate China Everbright Group Co Ltd, placed an order for 50 737 MAX aircraft in June 2017 and later expanded the order.
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But to create a lessor citizen by fiat or by simple failure to carry out the duties of the presidency is an assault on our fellow citizens and on the Constitution.
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"The 767s, I think one of them is due back (to the lessor) in 2020 so I have got a decision to make," he said in reference to the airline's two widebodies.
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SMBC Aviation Capital, Sumitomo Mitsui Banking's leasing arm, expects to receive an extra $1 billion from shareholders in a couple of months, Peter Barrett, CEO of the world's No. 5 lessor said.
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Without a deal, the airline would have faced the immediate seizure of 20 percent of its fleet, which is owned by lessor Aircastle Ltd, and could have lost more planes in the future.
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The lessor, the world's third largest, on Wednesday was upgraded by Fitch Ratings from BB to BB+ with a positive outlook after it reported profit of $717 million for its 2018 financial year.
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SHANGHAI, Aug 31 (Reuters) - Singapore-based aircraft lessor BOC Aviation said on Wednesday it has ordered five Airbus A321-200 planes for $574.5 million, which it has already leased to an Asian airline.
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While the process of repossession has been delayed, the lessor said in a statement, Aircastle is appreciative that this new ruling adheres to the rule of law and provides a path towards resolution.
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SINGAPORE, Feb 16 (Reuters) - Regional turboprop planemaker ATR, a joint venture between Airbus Group and Italy's Finmeccanica, signed a deal to supply five ATR 72-600 aircraft to Singapore-based lessor Avation PLC.
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BOC Aviation has consistently reported the highest pre-tax return on assets (ROA) and net spreads among aircraft lessor peers, supported in part by low funding costs due to its strong parent linkages.
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SINGAPORE, Feb 11 (Reuters) - Boeing Co said on Tuesday that lessor BBAM had ordered three 737-800 converted freighters to serve the growing e-commerce market and express sectors of the air cargo market.
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News. The lessor, Alex Benedict, filed the suit earlier this month in Orange County Superior Court claiming that he made an agreement with Tyga, 27, in May but the rapper has yet to pay.
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Santander Brasil said the federal police asked for documents related to investments by the pension funds in the rig lessor Sete Brasil, which is under bankruptcy protection, and in a fund called Global Equity.
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But the only orders reported by Boeing for April were bookkeeping entries: Four 737 Max jets that had been sold to Boeing Capital in the past were transferred to an unidentified lessor last month.
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PIA would consider purchasing the aircraft directly from the manufacturer and financing the order through a sale and leaseback arrangement, when an airline sells a jet to a lessor who then leases it back.
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The overseas deals include plans announced in February to buy U.S-listed electronics distributor Ingram Micro IM.N for $1033 billion and the $2.5 billion purchase of Irish aircraft lessor Avolon Holdings Ltd last year.
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Since then it has picked up speed with formal deals for 220 aircraft, including a 100-plane order from Irish lessor Avolon, leaving it 90 short of Boeing's end-November total of 690 jets.
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The Hong Kong-listed lessor, which is controlled by the state-owned conglomerate China Everbright Group, placed an order for 50 aircraft in June 2017 and later expanded the order, the newspaper reported bit.ly/2G9Ey84.
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Evergrande's deal at its stated size would be the largest debt sale by a company so far this year, topping a $1.75 billion offering from aircraft lessor Avolon Holdings, which is controlled by Bohai Capital.
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The lessor of the car sent a repo man with a spare key to pick up the vehicle while Tyga and Jenner were reportedly out looking at new cars at a Calabasas Bentley dealership, TMZ reported.
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Here, too, there are problems: the legal framework through which leasing companies re-possess their aircraft has not yet been tested in Iran, prompting at least one Gulf-based lessor to steer clear of the market.
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The company provides aviation, shipping, and equipment leasing services and is the largest lessor in China while ICBC is the largest of China's state-owned commercial banks and the largest bank in the world by assets.
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Among pending deals, Airbus is urgently trying to close what industry sources described as a provisional $9 billion deal with Chinese lessor ICBC for 80 jets, partially announced in Farnborough without the buyer's name being disclosed.
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When adjusted for those one-off items - including 13 billion reais in judicial contingencies due to an ongoing dispute with a bankrupt rig lessor - Petrobras said it would have reported a quarterly profit of 5.1 billion reais.
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He is already reported to have raised substantial capital—including some from Robert Milton, a former chief executive of Air Canada, and Henri Courpron, a former boss of the International Lease Finance Corporation, a respected aircraft lessor.
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SAO PAULO, Dec 13 (Reuters) - Asia's largest listed aircraft lessor, BOC Aviation, said late on Wednesday it had repossessed two Airbus A320 planes from Brazil's fourth-largest airline, Avianca Brasil, days before it filed for bankruptcy protection.
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HNA's financing woes continued this week, with a report that airlines owned by the Chinese conglomerate have missed some payments due on leased aircraft, Fred Browne, CEO of aviation lessor Aergo Capital Ltd, told industry publication FlightGlobal.
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DUBAI, June 19 (Reuters) - Government-controlled Dubai Aerospace Enterprise (DAE) plans to raise up to $2 billion in July to finance part of its acquisition of Dublin-based aircraft lessor AWAS, according to sources familiar with the matter.
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SINGAPORE, March 14 (Reuters) - Asia's second-biggest aircraft lessor, BOC Aviation Ltd, posted a better-than-expected 40 percent rise in full-year net profit on Wednesday as it benefited from higher lease revenue and U.S. tax cuts.
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The stake purchase in the world's No. 3 lessor will help Orix to bulk up in the $280 billion global aircraft leasing market, where demand is growing, supported by a rise in low-cost carriers and passenger traffic.
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"While the airlines here (in Iran) are rebuilding their capacity, the regional carriers ... are looking to suck traffic out over the Gulf airports," Dick Forsberg, strategy chief at aircraft lessor Avolon, said during the CAPA Iran Aviation Summit.
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For the full year, up to 7 A320neos and 23 737 MAXs could be delayed, including three for which an airline customer has the right to acquire upon delivery, Asia's second-biggest aircraft lessor said in a statement.
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Now China's biggest lessor, and the world's sixth-biggest, with a fleet valued at more than $10 billion, BOC Aviation was founded in 203 and bought by Bank of China in 2006 from investors including Singapore Airlines (SIAL.SI).
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While the lessor has ordered more than 170 Airbus and Boeing aircraft worth over $18 billion at list prices over the last 18 months alone, almost all are narrow-body jets like the Airbus A320s and Boeing 737s.
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But Timothy Ross, a spokesman for Singapore-based BOC, said in an email to Reuters that the lessor terminated its leases with Avianca Brasil and was able to repossess the two planes in the days before the filing.
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Aengus Kelly, the former GPA employee who is now CEO of the world's largest lessor AerCap, said the number of banks and bond investors willing to lend to his firm has mushroomed from 50 to 500 in two decades.
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"There are a lot of new players and I am sure some of them will thrive and do very well and some of them won't," said Peter Barrett, another GPA alumnus who runs No.4 lessor SMBC Aviation Capital.
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SAO PAULO (Reuters) - Shareholders in Sete Brasil Participações SA voted on Wednesday to allow the ailing rig lessor to seek bankruptcy protection after efforts to secure a long-term contract with state-controlled oil producer Petróleo Brasileiro SA failed.
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"It is very hard to pick a winner out of those five shells, but there is no doubt they will cannibalize each other," said Aengus Kelly, chief executive of AerCap, the world's second-largest lessor of 103 MAX jetliners.
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Boeing topped up its tally by announcing a firm order for 125 737 MAX 8 airplanes with an undisclosed customer and another deal with lessor AerCap to convert 15 of its MAX 7373 orders into the larger MAX 10.
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DUBAI (Reuters) - Government-controlled Dubai Aerospace Enterprise (DAE) will consider ordering more than 257 new aircraft after it acquires Dublin-based lessor AWAS, a deal it expects to close in the "early part of the third quarter," its chief executive said.
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SAO PAULO, Jan 23.7138 (Reuters) - Lessor Aircastle is set to repossess 10 jets from Avianca Brasil, the country's No. 4 airline, after a bankruptcy hearing on Monday, a source familiar with the matter said, potentially disrupting flights for thousands of passengers.
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SINGAPORE, Feb 16 (Reuters) - Mitsubishi Aircraft Corp, a unit of Mitsubishi Heavy Industries Ltd, struck a deal to supply 20 MRJ jets valued at about $940 million at list prices to U.S. leasing firm Aerolease, its first agreement with a lessor.
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The ballot gives management of Rio de Janeiro-based Sete Brasil power to decide when and where to file for court protection, which shareholders in the rig lessor saw as the only way to press Petrobras into signing a favorable contract.
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DAE, which calls itself the largest aircraft lessor in the Middle East with a portfolio of 112 planes, said the combined company will have an owned, managed and committed fleet of 394 planes with a total value of over $14 billion.
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HONG KONG, April 27 (Reuters) - BOC Aviation Ltd said on Thursday it would buy two Boeing 777-300ER aircraft from Turkish Airlines for an undisclosed sum as the aircraft lessor builds its balance sheet by investing in in-demand aircraft.
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RIO DE JANEIRO (Reuters) - Brazilian state-run oil firm Petroleo Brasileiro SA will record a 1.3 billion-real ($326 million) provision in its first-quarter results due to an ongoing dispute with a bankrupt rig lessor, it said on Thursday.
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The company has been trying to boost its market share by financing cars made by Ford Motor Co and Nissan Motor Co Ltd after General Motors replaced Ally as the exclusive lessor for Buick, GMC and Cadillac vehicles last February.
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HONG KONG, Nov 1 (Reuters) - Avolon, the world's third-biggest aircraft lessor, wants to double in size through a mix of organic growth and acquisitions at a time when the industry outlook looks positive for several years, the company's CEO said on Wednesday.
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DUBLIN, Feb 13 (Reuters) - Irish aircraft lessor Avolon, the world's third largest, plans to issue up to $4 billion of unsecured debt this year to achieve its "absolute focus" of securing an investment grade rating, chief executive Domhnal Slattery said on Wednesday.
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SINGAPORE (Reuters) - Dublin-based AWAS has been put up for sale by its private equity owner in an auction that could value the aircraft lessor at $7 billion, including debt, and draw bids from Chinese lessors and other Asian investors, sources said.
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The European plane-maker Airbus has kicked off the 2019 International Paris Air Show with the launch of a long-range, single-aisle airliner and an announcement that they have agreed to sell 100 planes to the U.S. plane lessor Air Lease Corporation.
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HONG KONG (Reuters) - BOC Aviation Ltd said on Friday it bought two Boeing 747-8 freighter aircraft for an aggregate list price of $758.2 million, as the aircraft lessor aims to build its balance sheet by investing in modern and in-demand aircraft.
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Monday's deal extends a rebound for the A220 after leasing company Air Lease Corp provisionally ordered 50 of the planes at last month's Paris Airshow as part of a broader deal giving the lessor access to Airbus's hot-selling new longer-range A321XLR.
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SINGAPORE, July 30 (Reuters) - Aircraft lessor BOC Aviation Ltd said on Tuesday it expected up to 30 Boeing Co and Airbus SE jets that had been scheduled to arrive this year could be delayed, primarily due to the Boeing 737 MAX grounding.
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The lessor has a portfolio of 915 owned, managed and committed planes catering to 151 airlines in 65 countries, many of which were acquired when it bought the aircraft leasing business of rival CIT Group Inc for around $10 billion last year.
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DAE, the aircraft leasing and maintenance company controlled by the government of Dubai, will use part of the proceeds from the bond sale, together with cash on hand, to pay for the acquisition of Dublin-based lessor AWAS, announced earlier this year.
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A similar deal for 100 planes from Chinese-owned lessor Avolon, which had been kept under wraps in similar conditions as the industry waited to see how trade tensions between China and the United States would play out, was confirmed in December.
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Disposals include control of the Radisson hotel group; a quarter stake in Hilton Hotels; prime property in New York, Sydney, Shanghai, San Francisco and Hong Kong; regional Chinese airlines; a stake in aircraft lessor Avolon; and half of its stake in Deutsche Bank.
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It has delivered six E190-E2 planes split between Norwegian carrier Wideroe and lessor Aercap, and one E195-E2, which is not yet in commercial service but has been delivered to Brazilian airline Azul SA. Azul said its operations were not affected.
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The offering of 2.65 percent senior unsecured notes by SMBC Aviation Capital, the world's fourth largest lessor by aircraft numbers according to an Airfinance Journal ranking, was eight times oversubscribed, with demand spread between Asia, Europe and North America, Chief Executive Peter Barrett said.
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"Sentiment is as positive as I have seen it," Alec Burger the head of No. 2 lessor GECAS - formed from the hulk of GPA - told a packed second conference, Global Airfinance, where airline executives buoyed by surging air traffic eyed funds to expand their fleets.
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Business Briefing United States East Coast ports planning to use the Panama Canal expansion to lure traffic from congested West Coast ports are years away from being ready for extra business, the chief of the world's largest lessor of container ships said on Tuesday.
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Divya Subrahmanyam, who works on consumer debt cases for low-income New Yorkers with CAMBA Legal Services, recalled a case in which a woman's violent boyfriend took her to a car dealership and, unbeknownst to her, listed her as the sole lessor of a Ford Fusion.
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A government notice issued in November said that after an application is filed, airport operators and other private entities need within five days to inform the lessor and DGCA of pending dues related to that aircraft for the three months leading up to the deregistration date.
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Carl's vocal carries with it the necessary emotional heft needed to sell lines like "I might as well be crucified/drowning, drowning, drowning, drowning for love," which in the hands of a lessor producer, arranger, and performer could come across as nothing more than teenage solipsism.
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In its first results since listing in Hong Kong in June, BOC Aviation, Asia's second-biggest aircraft lessor with a 265-plane fleet, made a net profit of $212 million for the six months to the end of June, up from $171 million a year ago.
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Of the 243 aircraft owned as of March 7503, 2017, approximately 78.2% by aircraft count were narrowbody, 21.4% were widebody and 0.4% were regional jets and the weighted average fleet age was 3.7 years, which was at the low-end of the rated aircraft lessor peer group.
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The aircraft and commercial vehicle lessor has agreed to buy five aircraft, for delivery by end of 2017, for an aggregate list price of $542 million, and intends to buy another nine aircraft for $975.6 million, the Hong Kong-listed firm said in a filing late on Thursday.
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"If you draw the SARS (Severe Acute Respiratory Syndrome) analogy, the impact on the airlines will peak 3-1393 months from now in terms of absolute lost revenue," said Slattery, who leads the world's third-biggest operating lessor and has been in the industry for more than 30 years.
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The AirAsia sale process comes at a time when Dublin-based aircraft lessor AWAS has been put up for sale by its private equity owners in an auction that could value it at $7 billion, including debt, and has drawn interest from Chinese lessors and other Asian investors, sources have said.
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In addition to the Bahraini government's propensity to ensure repayment of the CBB6 sukuk, in Fitch's view it would also be required to ensure full and timely repayment of CBB6's obligations due to the Bahrain government's various roles and obligations under the sukuk structure and documentation, especially - but not limited to - the following features: - On each periodic distribution date, the Bahraini government acting as sub-lessee will pay to the sub-lessor the rental which is intended to be sufficient to fund the periodic distribution amounts payable by the issuer under the certificates.
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PARIS, June 21 (Reuters) - Airbus: * Aviation financier and lessor Stellwagen, a subsidiary of Acasta Enterprises, has signed a firm order for 12 Airbus C295 medium transport aircraft in the first sale to a leasing company achieved by Airbus Defence and Space * Agreement includes options for a further 12 aircraft * The C295 is a nine tonne capacity, ramp-equipped, medium transport and mission aircraft in-service with 28 operators in 25 countries * Today's agreement takes firm orders for the type to 198 and the options would take the figure past 200, reconfirming its position as the market leader, adds Airbus in a statement
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