BOC Aviation mandated (08-Oct-2009) Citigroup to arrange financing guaranteed by the European Export Credit Agencies (ECAs) and US Export-Import Bank of up to USD301 million and USD296 million, respectively. Financing for the facility guaranteed by the European ECAs (Coface of France, Euler Hermes of Germany and the UK Export Credits Guarantee Department) will be provided by Citigroup and will cover eight A320 family aircraft delivering from Oct-2009 through to Mar-2010. Similarly, Citi will be providing the financing for the facility guaranteed by the US Ex-Im Bank. Deliveries of the eight B737NG aircraft under this facility will commence from Oct-2009 through to Feb-2010. BOC Aviation will have the option to replace the initial financing with an Ex-Im Bank guaranteed capital markets issue at a later date if market conditions are attractive. [more]
BOC Aviation mandates Citigroup to arrange fleet financing gaurantees
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Global commercial aircraft deliveries fell in 2016 as Boeing again outsold Airbus; 2017 to be a peak
The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
This report gives an overview of the number of commercial aircraft deliveries in 2016 and the outlook into 2017 and beyond. It also looks at numbers in service and on order by region. It is based on preliminary numbers from the CAPA Fleet Database and guidance on 2016 deliveries from Airbus and Boeing, who have yet to announce final numbers.
The data indicate that total worldwide deliveries fell in 2016, the first such decline for six years, as a result of delays to new aircraft programmes. Boeing delivered more aircraft than Airbus for the fifth straight year, but its deliveries fell short of its 2015 level, while Airbus increased its numbers year-on-year. Total deliveries will likely rise again in 2017, but this may prove to be a peak year.
CAPA Asia Aviation Summit Day 1: Trump impact on aviation, long haul LCCs, future of Asian FSCs
The CAPA Asia Aviation Summit was held on 15/16-Nov-2016 at the Capella at Sentosa in Singapore. First off, BOC Aviation's Robert Martin and Indigo Partners' William Franke discussed the outlook for long haul LCCs, as well as the aviation implications from Donald Trump's election to US President. Malaysia Airlines CEO Peter Bellew gave a key presentation on the transformation of the airline and plans for its A380 fleet.
Panel discussions addressed the future of the full service airline model in Asia, the opportunities from big data, China's "One Belt, One Road" strategy, joint venture strategies, partnerships/alliances at LCCs.
Day one was capped off by a Gala Dinner with the CAPA Asia Aviation Awards for Excellence.