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...Related Stories Leading Hong Kong tycoons turn their backs on jet leasing Li Ka-shing to exit jet-leasing business in $4.3bn deal Hong Kong property tycoons play nice as China steps up pressure Zoom...
...Fitzpatrick, Vertical chief executive, said “electrification will transform flying in the 21st century in the same way the jet engine did 70 years ago”....
...With the state controlling most of China’s airline and jet leasing sectors, Comac has been getting a steady stream of local orders for both the ARJ21 and C919....
...Last year SMBC sold 50 used jets, the second-highest level in its history....
...Ben Murray, Global Jet senior managing director of asset management, says this can throw up customers who might never have thought of leasing....
...A version of this article was first published by the Nikkei Asian Review on March 6 2018. ©2018 Nikkei Inc. All rights reserved....
...Analysts said concerns remained about the order book for the C series, with one Russian aircraft leasing company scaling back its order and uncertainty remaining over the soundness of some other orders....
...Amazon has signed a new leasing deal for cargo jets, doubling the size of its fleet and underscoring its ambitions to grow its air transport network....
...In addition to leasing the jets, Amazon also has the option to buy one-fifth of the shares in ATSG over the next five years, at a price of $9.73 per share. Shares in ATSG jumped 19 per cent on the news....
...This ignores the fixed cost of owning or leasing the jet, or buying a new one when it needs to be replaced....
...General Motors, Ford, Audi and BMW are all reportedly trialling plans for several people to share leasing a car. It works with private jets, so why not?...
...Ron Wainshal, chief executive of Aircastle, a leasing company that owns more than 150 aircraft, points out that, for many European airlines, the decline in the price of jet fuel has been offset by the decline...
...In mid-July, Delta announced it would take part in a rival proposal made by Intrepid Aviation, the US aircraft leasing company that is Skymark’s biggest creditor....
...after accumulating large order backlogs with airlines and aircraft leasing companies....
...Fred Cromer, head of commercial aircraft, was former president of ILFC, the jet leasing company....
...Its customer list is instead heavy on leasing companies and small or start-up airlines....
...This means the net asset value of an aircraft leasing fund depends on an assessment of the value of the jets, which may not prove accurate....
...These jets were part of a bigger order made in 2010, for 35 E-175 jets, which seat 88 people. The total order was worth $1.3bn based on catalogue prices....
...BOC Aviation, the aircraft leasing subsidiary of Bank of China, has made its biggest single order for aircraft yet with the purchase of 82 Boeing jets for $8.8bn, half of which will be used by customers...
...Boeing has orders for more than 1,000 Dreamliners from 58 airlines and leasing companies, while 38 carriers have committed to buying more than 700 A350s, Airbus’ planned long-range jet....
...New orders for Boeing jets at the Farnborough air show lifted shares of the aircraft maker 1.12 per cent to $129.52....
...ILFC is one of the world’s largest aircraft leasing companies, with almost 1,000 passenger jets in its fleet that are rented out to airlines across the world....
...Shares in Textron, the maker of Cessna aircraft, rose 14.5 per cent on the day the FT reported it was buying rival jet maker Beechcraft....
...Airbus on Thursday emerged as the narrow victor over Boeing at the 50th Paris air show by unveiling deals valued at $68.7bn to sell 466 passenger jets to airlines and leasing companies....
...Boeing halted deliveries of 787s to airlines and leasing companies after the January grounding, but Mr Loftis said these would resume “within weeks”....
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