DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Peter Nicholls - 1 StanChart - 1 Simon Cooper - 1 Airfinance - 1 Fahad Al - 1 Saif - 1 AviLease - 1 Rishav Chatterjee - 1
Top related locs:
London Britain Saudi Arabia Riyadh Saudi Dublin Europe Bengaluru
Top related orgs:
Chartered - 1 REUTERS - 1 Aircraft Leasing Co - 1 Chartered Aviation Finance - 1 Aviation Finance - 1 Corporate - 1 Institutional Banking - 1 Standard Chartered - 1

Search resuls for: "Aviation Finance"


5 mentions found


☆ StanChart to sell jet leasing arm to Saudi wealth fund unit for $3.6 bln
  + stars: | 2023-08-28 | by ( Rishav Chatterjee | ) www.reuters.com   time to read: +2 min
The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. Riyadh-headquartered AviLease, also known as Aircraft Leasing Co, is a jet lessor owned by Saudi Arabia's sovereign wealth fund. StanChart said in January it was exploring options for its global aviation finance business. Dublin-based Standard Chartered Aviation Finance owns and manages more than 120 aircraft and offers services including jet fuel hedging, debt financing and remarketing of unneeded planes. PIF is setting up startup carrier Riyadh Air to predominantly serve the kingdom’s capital, which has ambitions to become a global business hub.
Persons: Peter Nicholls, StanChart, Simon Cooper, Airfinance, Fahad Al, Saif, AviLease, Rishav Chatterjee, Shounak Dasgupta, Mark Potter Organizations: Chartered, REUTERS, Aircraft Leasing Co, Chartered Aviation Finance, Aviation Finance, Corporate, Institutional Banking, Standard Chartered, Saudi Public Investment Fund, Riyadh Air, Thomson Locations: London, Britain, Saudi Arabia, Riyadh, Saudi, Dublin, Europe, Bengaluru
☆ StanChart profit tops forecasts on rising rates
  + stars: | 2023-04-26 | by ( Selena Li Lawrence White | Selena Li | Lawrence White | ) www.reuters.com   time to read: +3 min
HONG KONG, April 26 (Reuters) - Standard Chartered PLC (StanChart) (STAN.L) on Wednesday said first-quarter profit jumped 21%, beating expectations, as rising interest rates buoyed income from its cash management and retail banking businesses. The earnings update showed how rising central bank rates have boosted revenue, as StanChart charged borrowers more interest while not passing all of the increase to depositors. StanChart, which earns most of its revenue in Asia, said January-March statutory pretax profit reached $1.81 billion. That compared with $1.49 billion a year earlier and the $1.43 billion average of 14 analyst estimates compiled by the bank. The bank said it saw signs of stabilisation in China's troubled commercial real estate market, with no increase in credit impairment from the previous quarter.
☆ Jet delivery delays spark penalties battle
  + stars: | 2023-01-18 | by ( Tim Hepher Padraic Halpin | Tim Hepher | Padraic Halpin | ) www.reuters.com   time to read: +4 min
DUBLIN, Jan 18 (Reuters) - A battle for compensation is brewing over delays in the delivery of commercial jets, with a Dublin aviation summit descending into a blame game over the worst industrial disruption in years. Aircraft contracts contain dense descriptions of adverse factors which excuse manufacturers for multiple types of delay, meaning they can avoid paying penalties or "liquidated damages". Excusable delays include "acts of God", natural disasters, fire, flood, earthquakes and epidemics, among other examples, according to extracts of past contracts filed with regulators. Non-excusable delays include anything that falls outside this catalogue, but are rare, experts say. 'OVER-OPTIMISTIC'"They are not excusable at all," Aengus Kelly, chief executive of lease giant AerCap (AER.N) told the Airfinance Journal conference when asked about the delays.
☆ Standard Chartered CEO explains why 'inflation is not done'
  + stars: | 2023-01-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStandard Chartered CEO explains why 'inflation is not done'Bill Winters, CEO of Standard Chartered, discusses the outlook for inflation and gives an update on the potential sale of the bank's aviation finance business.
☆ Industry vs. Regulator - aviation heavyweights spar in Dublin
  + stars: | 2023-01-16 | by ( Joanna Plucinska | ) www.reuters.com   time to read: +3 min
Willie Walsh, outspoken head of the world's biggest airline trade body, IATA, joined the European Union's top permanent transport official Henrik Hololei on stage at the Airline Economics conference in the world's aviation finance capital. But Walsh wanted to know what could be done to lift that closure, which threatens to penalise some Western airlines at the expense of Chinese and other carriers that continue to fly over Russia. He added there would be no "business as usual" if Russian airspace did reopen. Airlines accuse airports of overcharging carriers, while airports say they have to fund huge capital investments. "We allowed those who wanted to find the poster child for environmental damage to pick on aviation," he said.
0 next >>
Total: 5