Developments

Latest Edition April 3rd: Avoiding tariff turbulence
April 3rd 2025: In this issue: Oriel's Olga Razzhivina analyses aircraft values and lease rates and asks if we are the peak yet?; Castlelake and Aero Capital Solutions secure major commitments for their latest aviation investment vehicles; BOC Aviation strengthens it delivery pipeline into the 2030s; Flurry of debt issuances, capital raises and financings completed ahead of 'trade war' turbulence; SAF 'book and claim' pilot gets strong backing across supply chain; Korean Air's multi-billion dollar widebody order; BOAD backs Air Cote d'Ivoire; CADO established to operate IATA’s newly launched SAF Registry initiative.

March 20th Edition: How tariffs could reshape the aircraft market
March 20th 2025: In this issue: How tariffs could reshape the aircraft market; Record profits for BOC Aviation as it expects to add to scheduled deliveries for 2025; Udvar-Hazy to step down from Air Lease Corporation; Pre-tax income up 127% at Willis Lease in 2024; SMFL LCI adds scale with Macquarie Rotorcraft acquisition; Beautech teams up with JALUX to meet engine leasing demand; Jackson Square Aviation's Airbus order; DAE invest $1 billion in 17 new tech aircraft.

 

Perspectives

Lessors place big orders with Boeing and Airbus


The latest batch lessors look to a peace to come includes one of the largest orders this year, for 80 A320 family aircraft by BOC Aviation, and the firming up of an order with Boeing for 32 MAXs from ALC.
Sanctions present varied legal issues for lessors
Insurers ponder true extent of their claims exposure
Delta, easyJet and Wizz see blue skies ahead
Assets trapped in Russia are an operational nightmare for financiers and lessors

Developments

March 6th Edition: The possible slowdown in international air travel
March 6th 2025: In this issue: TD Cowen's Becker: 'Geopolitical concerns may cause people to reconsider some international markets and focus on staying local'; AerCap ups dividend, share buybacks programme after strong 2024 as CEO says positive environment for lessors to continue in 2025; ACG sees record revenues in 2024; Airbus expects 7% increase in deliveries for 2025; Flynas secures Islamic facility to finance jet purchases; All Nippon Airways makes first major jet order of 2024; BOC Aviation's Arajet deal; Willis Lease opts for 30 CFM LEAP engines.

February 20th Edition: Momentum builds in 2025's ABS market
February 20th 2025: In this issue: Aviation ABS: Early year ABS trends toward more traditional asset profile; Air Lease achieves record revenues in 2024; Avolon enjoys net income surge in 2024; AerCap and Altavair issuances maintain early 2025 ABS market momentum; Deliveries: Boeing continues to clear MAX backlog as Airbus recovers from December push; Avolon and BOC Aviation settle with their insurers in Dublin court case; TrueNoord's inaugural senior secured note issuance; Avation closes portfolio financing facility.

February 6th Edition: Optimism on aircraft supply, but bottlenecks remain
February 6th 2025: In this issue: Engines could be a limiting factor on 2025 narrowbody deliveries; Aircraft ABS market expected grow 14% in 2025; Sale leaseback market activity to remain strong; Europe's aviation sector gives reality check to net-zero goals, urges support from European Commission; Carlyle and Castlelake bring early year aircraft ABS deals; DAE profits jump 45%; Embraer wins record $7 billlion business jet order.


January 23rd Edition: Positive outlook for lessors and airlines in 2025
January 23rd 2025: In this issue: Avolon's Morrison: razor-thin margins call for major airline consolidation; PwC's Leonard: Lessors to benefit from continued supply constraints and increased investment in aviation finance sector; Regional jets: Falko reports 'considerable demand' for lease extensions, as Azorra secures ExIM backing for Embraer orderbook; Aircastle has the capacity but will remain disciplined on major acquisitions; ITA Airways joins Lufthansa Group as deal closes; S&P: Capacity constraints will hold back growth but air travel demand to remain healthy; Cebu's debut sustainability-linked loan; Avolon closes Castlelake deal.

January 9th Edition: Demand and supply tensions
January 9th 2025: In this issue: Joe Gill looks at what 2025, and beyond, holds in store for the aviation complex; Consolidation: DAE's agreement to acquire NAC will give a portfolio of 750 aircraft; CDB Aviaton's Chen: Operational and cost milestones were central to CDB Aviation's robust 2024; BBAM's 36 aircraft deal with Southwest Airlines; AerCap's 2024: key metrics include 496 lease agreements as it kicks off 2025 with $1.5 billion notes issuance; Commercial aircraft deliveries down sharply in 2024 but Boeing can increase deliveries by 45% in 2025; Lesha Bank to make aviation 'a key pillar' of it business.

December 12th Edition: Managing rate volatility the new challenge for lessors
December 12th 2024: In this issue: Avolon's Ross O’Connor on the lessor's 2024 financing activities and the growing stature of aircraft lessors in capital markets; PwC's Paul Sheridan and Sinead Loughnane outline the use cases for GenAI in aircraft leasing; Elizabeth Bowen on Aircraft Leasing Ireland key goals for 2025; Airline revenues to top $1 trillion in 2025; M&A update: Falko deal closes, Stonepeak takes a step closer to ATSG acquisition; Air India adds 100 aircraft to orderbook; TrueNoord portfolio hits 100 aircraft; SAF production growth 'disappointingly slow'.

 

Developments - 2021

November 28th Edition: The aviation asset investment opportunity
November 28th 2024: In this issue: Airborne Capital and Daiwa to deepen collaboration with JV; Irish leasing industry backs credits system to boost SAF adoption; Oaktree sees major opportunity in aircraft leasing; Sale leaseback a ‘powerful tool’ for airline’s finance strategy; India's fleet to grow by 75 per cent over the next five years; Volofin debut transaction adds to aviation ABS market rebound; BOC Aviation's six aircraft deal with Turkish; CDB Aviation sells widebodies

November 14th edition:
November 14th 2024: In this issue: Arena Aviation Capital’s Patrick den Elzen analyses the mid-life aircraft market; Lessors' Russia claims loom large over relatively benign aviation insurance market; Boeing deliveries at new post-Covid low but gloom may be lifting; IATA to accommodate digital currencies in its financial settlement systems; E-commerce opportunity behind Stonepeak's $3.1 billion investment; Strong growth in air travel sets new record; Spirit Airlines' possible impact on ABS issuances; ACG's inaugural sustainability-linked loan; Riyadh Air's $1.3 billion Islamic finance facility.

October 31st Edition: No end in sight for supply chain delays
October 31st 2024: In this issue: AerCap's Kelly says supply chain snarls to persist for years to come; Avolon records net year-on-year income rise of 24% in Q3; Boeing’s $22 billion raise to help weather fallout from quality issues and worker strike; Wafra acquires Aquila from Warburg Pincus; GA Telesis' 23 aircraft deal with Spirit Airlines; Steep rise in Avation profits.

October 17th edition: The aviation finance market and the known unknowns
October 17th 2024: In this issue we feature analysis from Avitas' Dr Adam Pilarski who looks at the shifting geopolitical landscape through his economic lens and the known unknowns of the future of air travel; We also get an investor's angle on the aviation finance market through AB CarVal's James McManus; AerCap's first move into the Islamic Finance space, through its inaugural Sukuk issuance also features as do trading updates from leading lessor Avolon, BOC Aviation, ALC and Aircastle.

October 3rd edition: Air passenger travel to reach record levels in 2024
October 3rd 2024: Russian leased aircraft case kicks off in London; Fitch restores Embraer's IG status, as Boeing contemplates $10 billion equity raise; Air travel to pass milestone figure in 2024; CALC issues perpetual sustainability-linked note; Castlelake closes in on acquisitions of aviation assets backed by new $1 billion facility; Global fleet forecast to grow by 10,000 aircraft by 2034; AerCap's Azerbaijan Airlines deal; Griffin closes note offering

September 19th edition: ABS market rebounds strongly in Q3
September 19th 2024: A Flurry of deals as aviation ABS market activity jolts back into life; Deal for CAL will see Avolon's owned fleet grow to almost 700 aircraft; CDB Aviation orders 130 new tech aircraft from Boeing and Airbus; Brookfield tie-up gives Castlelake fuel to scale its platform; Ryanair's O'Leary on what the Boeing strike means for deliveries; AllianceBernstein adds to private markets fund offering; AerCap's authorises new $500m repurchase programme; Air Lease's $300m preferred stock public offering; SMBC Aviation Capital agrees 20 aircraft deal with United.