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...Minneapolis-based Castlelake is a specialist lender with a focus on aircraft leasing, providing financing for large airlines including United Airlines and Turkish Airlines that is secured against their planes...
...Indonesia’s TransNusa, partly owned by China Aircraft Leasing Group, is already operating two of Comac’s smaller ARJ21 aircraft....
...The group also has other investments in the UK including energy solutions group Aggreko and trailer leasing company TIP....
...The UK government has also subsidised some electric vehicles for local transport authorities in England outside of London....
...“This creates opportunities for foreign lessors, leveraging their extensive experience in aircraft leasing.”...
...happened with the two fatal crashes and this incident, the financial targets have to take a back seat for Boeing and its supply chain,” said Aengus Kelly, chief executive of the world’s biggest aircraft leasing...
...Industry-wide ASK has shrunk 5.6 per cent over the same period as many carriers retrenched during the pandemic, according to the International Air Transport Association....
...Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association. That is 200mn more than the pre-pandemic high set in 2019....
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...Two years ago, car leasing group Octopus EV could barely keep up with the red-hot demand for Teslas that accounted for half its sales....
...Aircraft leasing has better promising prospects, given the tight market for planes at the moment....
...Leasing companies also have costs to balance, especially of debt at a time of rising interest rates....
Approach for Aloha state carrier seems timed to gain from a rally in the currency but there are factors working against that too
A tie-up with Frontier might be the cleanest way forward
Collapse in would-be buyer’s share price suggests the market thinks this deal will stay grounded
Dara Khosrowshahi became entitled to award after meeting targets set before ride-hailing group’s IPO
It would be better to look at ecommerce giant Amazon and the scale of its third-party shipping service
...Technical specialists from the National Transportation Safety Board, the independent US government agency responsible for investigating civil transport accidents, will be poring over every inch of the door...
...It has made previous acquisitions in the sector such as the 2018 deal for trailer leasing firm TIP....
...The clause states that traders leasing a vessel should not cause its carbon intensity rating to rise above an agreed level, for instance by increasing the speed of the ship, adding shipowners would be entitled...
...Berkshire, whose related interests include car insurer Geico and dealership Berkshire Hathaway Automotive, was regarded as a vote of confidence in the US economy and more particularly in the traditional transport...
Delivery group returns to policy of employees being back in the office five days a week
Aircraft manufacturer has been under scrutiny after crashes involving variants of the plane in 2018 and 2019
...Is urban transport really winner-take-most? Until we see more evidence, we’ll continue to see Uber as a fast growing, moderately profitable transport company....
...backyard of a Portland resident on Sunday night, according to Jennifer Homendy, chair of the National Transportation Safety Board, the independent US government agency responsible for investigating civil transport...
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