Financing Appears To Be Available For Airliner Purchase | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 12.22.14 ** HD iPad-Friendly -- Airborne 12.22.14 **
** Airborne 12.19.14 ** HD iPad-Friendly -- Airborne 12.19.14 **
** Airborne 12.17.14 ** HD iPad-Friendly -- Airborne 12.17.14 **

Tue, Sep 20, 2011

Financing Appears To Be Available For Airliner Purchase

Money People See A Robust Traffic Numbers, Fleet Upgrade Possibilities

The people and companies who put up money for the purchase or lease of airliners seem to be at least cautiously optimistic about a return on investment in new, quieter, fuel efficient aircraft.

The buzz at the meeting of the International Society of Transport Aircraft Trading, being held this week in Barcelona, Spain, is that airlines are poised to rebuild their fleets with newer, more efficient airplanes in an effort to increase their bottom lines. They cite as examples recent announcements from American, Delta, and Air France-KLM for the purchase of hundreds of new airliners from Boeing and Airbus. The Wall Street Journal reports that John Plueger, president of Air Lease corporation, said that "demand for new aircraft over the next several years is exceeding supply."

Domhnal Slattery, CEO of the Irish leasing company Avolon Aerospace Leasing, said interest rates at "extraordinarily low" levels will also have a positive effect on the industry, and should offset the increased cost of government guarantees.

An executive of Germany's DVB Bank SE said that there will likely be a squeeze on re-financing older airplanes, as many of the best deals are for purchase of new equipment. That means older planes may be retired sooner than they might have otherwise, and their value may be written down by airlines and leasing companies sooner than they had anticipated.

FMI: www.istat.org


Advertisement

More News

Virgin America First To Offer Gogo's ATG-4 Inflight WiFi Service Fleetwide

New ATG-4 WiFi Brings Increased Bandwidth And Faster Browsing Speeds For Flyers At 35,000 Feet Virgin America has rolled out Gogo's faster ATG-4 WiFi service fleetwide, with the co>[...]

Aero-News: Quote Of The Day (12.22.14)

"It was a long time goal for both sisters to fly together and that dream recently came true. The women recently operated flight 1480 from FLL to DCA making them the first ever sist>[...]

Airborne 12.19.14: Falcon 8X Unveiled, Sportys 172LITE, Bizarre CA AvGas Lawsuit

Also: ANN/Airborne's Crystal Ball, Lear70/75 Mexico Cert, Carnegie Mellon's Lunar Rover, Dragon Delays Dassault Aviation rolled back the curtains earlier this week on the ultra-lon>[...]

Aero-News: Quote Of The Day (12.21.14)

"We have received extremely positive feedback from our Amadeus A-CDM Portal stakeholders. It is easy to use and enables them to make better decisions that contribute to smoother an>[...]

London Gatwick Airport Increases Runway Capacity To 55 Flights Per Hour

Estimates An Additional 2 Million Passengers On A Single Runway Assisted By Amadeus A-CDM Portal London Gatwick Airport (LGW) is the first to implement a cloud-based Airport-Collab>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC