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 ...

Embraer’s ECC Leasing subsidiary, which is actively promoting the parent company’s used regional jets in markets not usually associated with 50-seat jets, has expanded its reach into Russia. The leasing company says it sees opportunities in South America; with oil, gas and mining companies operating in Africa; as a replacement and upgauge for operators of Beechcraft 1900 turboprops; and even as a new niche for smaller U.S. turboprop operators who want to take advantage of markets dropped by larger regional carriers ...