Financing Rules Making Lessors Wary Of New Orders

By Andrew Compart .
Source: Aviation Daily .

The CEOs of two leasing companies say rate volatility and new rules for export credit agency (ECA) financing are making it less appealing for lessors to order new aircraft. “We don’t believe in ordering new aircraft for future delivery from the manufacturers. We think that this is an old model” that is inappropriate for a publicly traded company, Fly Leasing CEO Colm Barrington said in a presentation last week to the Dahlman Rose Global Transportation Conference ...

Monday, October 22, 2012 | Posted in , , , | Read More »

Congressional Stalemate Could Disrupt Multi-Year Contracts

By Jen DiMascio .
Source: Aviation Week & Space Technology .

Just as the Pentagon has asked for authority to put five programs on contracts that will run for up to four years, budget turmoil on Capitol Hill threatens to throw a wrench into the Pentagon's plan to save money and add stability to the industrial base on those and other long-term contracts ...

Friday, October 19, 2012 | Posted in , , | Read More »

Mars Will Take More Than Just Curiosity

By Mark Carreau .
Source: Aviation Week & Space Technology .

Early Aug. 6, NASA's Curiosity rover—the centerpiece of a $2.5 billion flagship mission—raced across the Martian sky, undergoing a half-dozen rapid-fire changes in configuration before an untried “Sky Crane” landing system paused just above the terrain to lower the one-metric-ton robot geologist to the surface ...

Thursday, October 18, 2012 | Posted in , , , | Read More »

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