- Latest edition October 16th: ABS issuance has a strong start to Q4
- Latest edition October 2nd: ABS issuance fully regains early year momentum
- Latest edition September 18th: Insurers can't appeal London judgement in Russia 'stranded assets' case
- September 4th edition: The latest move in the quest for scale
- August 21st edition: Lessors report record earnings
- August 7th: Sale-Leaseback opportunities to grow
Aircraft Orders TrueNoord makes landmark first direct OEM order
Aviation Economics Study shows the huge costs of reduced aircraft production for airlinesA joint study by IATA and Oliver Wyman on the impact of aircraft supply chain issues on the global airline industry shows they could cost airlines more than $11 billion in 2025. The paper, Reviving the Commercial Aircraft Supply Chain, analyses aerospace's supply chain challenges, their impact on airlines and actions to be considered to help alleviate some of the many pain points. Leasing Business Agreement lets AerCap move on from Spirit's struggles as it reports busy Q3AerCap signed 66 lease agreements in a busy third quarter that included the world’s largest aircraft lessor striking a deal with struggling US low cost carrier Spirit Airlines that sees the airline reject 27 leases in a court sanctioned agreement. The airline is looking to terminate more of its lease agreements as it seeks to slash costs and right-size its fleet. |
In this issue In this issueThe aircraft ABS market continues its hot streak with two new deals to kick of the final quarter with one coming from a debut issuer, Griffin, and the other the third 2025 deal from serial issuer Castlelake. We also see Truenoord joining the small number of lessors with direct OEM orders thanks to the regional specialist's 'landmark' Embraer deal. Elsewhere, the flexibility of the aircraft leasing model and its advantages for the lessor and the lessee is evident in AerCap's agreement with Spirit Airlines the airline looks to quickly slash costs. Aircraft ABS Q4 aircraft ABS issuance gets off to a quick start
Leasing Business Avolon raised $2.2 billion in unsecured funding in Q3The latest business update from Avolon shows the lessor ended Q3 with an owned and managed fleet of 637 aircraft with 99% of its orderbook placed for the next 24 months. Its business highlight of the quarter was its 90 aircraft order with Airbus while it has recently added Morocco flag carrier Royal Air Maroc to its client roster. |
TrueNoord, the specialist regional aircraft focussed lessor, has placed its first ever direct aircraft order, with its agreement to acquire 20 Embraer E195-E2 aircraft, as well as purchase rights for 30 additional jets, being described by its CEO, Anne-Bart Tieleman, as a landmark for the lessor and 'an important stepping stone in our continued growth as a global leasing platform'. It also sees it join a small number of lessors with direct OEM orders.
With aircraft ABS issuance on track for one of its strongest years the final quarter got off to a strong start with a debut $1.245bn issuance from Griffin Global Asset Management (GGAM 2025-1) backed by a pool of 25 aircraft, while veteran issuer Castlelake, underlining the strength of the market, issued its third deal of 2025 (CLAS 2025-3), a $758m issuance backed by a pool of 29 aircraft.