- Latest edition November 12th: Making M&A work
- October 29th edition : The split in the aviation leasing market
- Latest edition October 15th October: BBAM raises $1.7 billion for third fund
- Latest edition October 1st: AerCap unsecured notes issuance signals higher lessor funding costs
- September 17th edition: Neuberger follows up Mustang investment with new debt platform
- September 3rd edition: La Caisse goes again with its leasing JV
Aircraft Financing Emirates finances widebodies with innovative Shariah-compliant French lease financingEmirates secured a milestone financing for two Airbus A350-900 aircraft through UAE lender Dubai Islamic Bank and French lender Natixis Corporate & Investment Banking. The financing aligns the features of a French lease with Islamic Finance principles and is seen as a repeatable blueprint for future aircraft financings. Investment in Aviation $1.4 billion leasing JV sees Avolon expand its asset management business
Leasing Business Sumisho deleveraging focus results in lease revenue dropSumisho Air Lease reported a drop in net income for Q3 as the former Air Lease Corporation business saw an 18% large drop in lease income, driven by the company’s continuing sales activity as it moves to bring its leverage in line with its target of 3.0X. The lessor reported good progress on this front and also revealed that the post-acquisition integration of its lease and asset data, and commercial servicing activities is now complete. |
In this issue In this issueConsolidation in aircraft leasing has been the key theme in the aviation sector in recent years and the latest results from DAE and Sumisho Air Lease, both major participants in recent M&A activity, highlight the advantages scale offers the sector. Of course, not all deals can work out as hoped, Stephanie Loughnane gives her insights on M&A integration. The strength of global investor interest in the aviation finance space also features through the latest global investor/aircraft lessor sidecar between Avolon, ADIA and I Squared, while we also look at Emirates' latest financing deal. Mergers & Acquisitions Mergers & Acquisitions: Why value in aircraft leasing M&A is won or lost after the deal
Leasing Business DAE revenues climb past $1.4 billionDubai Aerospace Enterprise has reported year-on-year revenue growth of over 13% for the first three quarters of 2026 with revenues reaching $1.45bn and assets jumping to $26.8 billion following the July 2026 completion of its acquisition of Macquarie Air Finance. CEO Firoz Tarapore said the integration of Macquarie Air Finance will be fully complete by the end of November 2026. |
Avolon is teaming up with I Squared Capital, the US-headquartered global infrastructure investor, and sovereign wealth fund Abu Dhabi Investment Authority to launch a new aircraft leasing investment platform, Constellation Aviation. The platform will be seeded by a $1.4 billion portfolio of modern aircraft to be acquired from Avolon, with the lessor acting as manager and servicer to the investment platform, with the lessor's significant orderbook seen as a key advantage for the new platform's ambition to scale.
With consolidation reshaping the global aircraft leasing landscape PwC’s Stephanie Loughnane says the real test for how successful these mergers will be in the long-term comes after closing. She looks at what is driving this consolidation and highlights the key takeaways of a recent PwC research paper, ‘Closing is just the Beginning’, including the post-closing steps buyers should and should not take to execute an efficient and effective post-merger integration.