Latest News for: Aviation leasing

Edit

In Depth: HNA’s Culture of Nepotism

Caixin Online 25 Sep 2021
Meanwhile, during 2001 to 2005, PAC also provided aviation material financing leasing services for HNA, which listed PAC as one of its long-term payable recipients ... Business registration records showed that as of December 2003, Shaanxi Xinyuan was 83.3% owned by Changjiang Leasing Co., formerly known as HNA Aviation Leasing Co.
Edit

Nordic Aviation Capital appoints Norman C.T. Liu as incoming President and makes substantial progress in ...

The Philadelphia Tribune 24 Sep 2021
24, 2021 /PRNewswire/ -- Nordic Aviation Capital ("NAC" or the "Company"), the world's largest regional aircraft lessor, today announced that it has appointed Norman C.T ... Liu is a highly accomplished global aviation executive, having been President of GE Capital Aviation Services ("GECAS") between 2009 and 2016, and its Chairman in 2016.
Edit

High Court appoints liquidator to aviation company

RTE 24 Sep 2021
The High Court has appointed a provision liquidator to an Irish registered aviation company. NAC Aviation 9 Limited became insolvent and unable to pay its debts after it was unable to satisfy a demand from its lender German Bank Norddeutsche Landesbank Girozentrale (Nord) to repay $20m.
Edit

Wow: The Biggest Aircraft Lessors Own Over 1000 Aircraft

Simple Flying 23 Sep 2021
In fact, according to data from ch-aviation.com, eight lessors have fleets in excess of 400 aircraft ... Avolon – 582 aircraft Nordic Aviation Capital – 483 aircraft Air Lease Corporation – 474 aircraft BOC Aviation – 459 aircraft SMBC Aviation Capital – 446 aircraft BBAM – 427 aircraft Avolon has an average fleet age of just 5.5 years.
Edit

2 Years On: Remembering Thomas Cook Airlines

Simple Flying 23 Sep 2021
Sign up for our daily and weekly aviation news digests ... These companies were Air Lease Corporation, Aviation Capital Group, Aviation PLC, Avolon, BBAM, Castlelake, Carlyle Aviation Partners, and ICBC ... One went back to Air Lease Corporation, with the remaining three to Aviation Capital Group.
Edit

Davidson Kempner Launches New Commercial Aviation Financing Platform

The Salamanca Press 21 Sep 2021
Villa Tennity brings nearly 25 years of professional experience in the aviation leasing and lending space to Ashland Place.� She most recently served as President of CIT's Aviation Lending business, providing aircraft-backed loans to the commercial aviation industry. �Prior to serving as President of CIT's Aviation Lending business, Ms.
Edit

Limerick-based lessor NAC secures extension on $6bn debt deal

Irish Independent 21 Sep 2021
LIMERICK-based aircraft leasing giant Nordic Aviation Capital has secured a further extension to a forbearance agreement with lenders related to $6bn (€5bn) of debt, it’s understood ... Nordic Aviation Capital (NAC) is the world’s largest lessor of regional aircraft and the ...
Edit

Limerick-based NAC remains tightlipped as deal on its $6bn debt pile expires

Irish Independent 21 Sep 2021
Limerick-based aircraft leasing giant Nordic Aviation Capital has remained tight-lipped on discussions regarding its $6bn (€5bn) debt pile after an extension to a forbearance agreement reached with lenders expired yesterday. Nordic Aviation Capital (NAC), the world’s largest ...
Edit

Propeller Airports Hires Veteran Aviation Lawyer Jack Rossi as Vice President and General Counsel

Ellensburg Daily Record 21 Sep 2021
Rossi comes to Propeller with extensive experience in aviation regulatory law, airport affairs, and a broad spectrum of aviation-related business transactions, including real property leasing and acquisition, design and construction, project finance, concessions, and ...
Edit

What Happened To Jet Airways’ Boeing 737 MAX Jets?

Simple Flying 21 Sep 2021
“A Boeing technical team is carrying out the return to service program for the five Max that were leased by erstwhile Jet Airways. This work has not started on the 13 Max of SpiceJet, which has not been paying lease rentals for these planes.” ... The fifth MAX, VT-JXE, belonging to SMBC Aviation Capital is stored in Prague Ruzyne.
Edit

Universal Hydrogen to set up engineering centre at Toulouse Airport

Renewables Now 21 Sep 2021
Los Angeles-based Universal Hydrogen Co, a company specialising in hydrogen-fuelled aviation, said it will open its second engineering and design centre in Toulouse, France. It said it is leasing the Hangar B16 at Toulouse-Blagnac Airport, where the new centre’s team will ...
Edit

Irish plant-based seafood start-up nets a place on US accelerator

The Irish Times 18 Sep 2021
Founded by Jennifer O’Brien, the food tech company is using wild Atlantic seaweed and combining this with other sustainable ingredients to make burgers and goujons that are stocked by retailers, which include SuperValu ... Sectors. Ms O’Brien has worked in a number of sectors, including asset management, real estate and aviation leasing ... .
Edit

‘We have seen fewer airline failures than you would expect’

The Irish Times 17 Sep 2021
It might not be fair to say aviation was the hardest hit industry during the pandemic, but it certainly got a wallop when global lockdowns, travel restrictions and even total bans were implemented from March 2020 ... Laura Cunningham, partner in Arthur Cox’s aviation group ... Joe O’Mara, head of aviation finance at KPMG in Ireland agrees.
Edit

GST rates of these items changed: Here is the list

Live Mint 17 Sep 2021
GST Council Meeting ...    ... Premium Premium Delhi Metro ... These medicines include ... - IGST payable on import of aircraft or other goods imported on lease shall now be exempted from double taxation. This will facilitate domestic industry and aviation sector, these will also allow transfer of goods imported under lease without payment of IGST ...  .
×