Ishka insights: indispensable aviation data, analysis and opinion
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airBaltic files for Chapter 11

airBaltic announced it has entered into voluntary Chapter 11 bankruptcy proceedings this week, following a lengthy period of difficulty for the airline in the wake of GTF issues and surging jet fuel prices. more

14/09/2026

in Airline trends & analysis , Other

FLY91 orders 40 72-600s, Avianca SLBs 12 aircraft, 15-year-old Airbus NB values

The Weekly Review is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

10/09/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Other , Aviation Banks and Lenders

Fleet Analysis: Air France renews widebody fleet, Lufthansa faces B777-9 delays

The Ishka Airfinance Fleet Analysis tracks airline fleet activity and future fleet plans. This is a report series aimed at lessor remarketers and aviation lenders... more

10/09/2026

in Airline trends & analysis

Fleet Analysis: Delta retires B717s and B757s, United awaits over 550 aircraft on order

The Ishka Airfinance Fleet Analysis tracks airline fleet activity and future fleet plans. This is a report series aimed at lessor remarketers and aviation lenders... more

26/08/2026

in Airline trends & analysis

JetSMART CEO: SLBs to remain financing bedrock as fleet continues to scale

As JetSMART marks its 10th anniversary, CEO Estuardo Ortiz discusses why sale/leasebacks remain central to its next phase of fleet growth, the potential for more sophisticated financing structures, and Argentina’s role in near-term expansion. more

26/08/2026

in Airline trends & analysis , Aviation financings

FTAI enters $2 billion warehouse facility, Air France-KLM pens $1.15 billion RCF for M&A activity

The latest Ishka Airfinance loan datasheet examines recent loans for commercial aircraft lessors and airlines, and the dynamics impacting aircraft lenders. more

24/08/2026

in Lessors & Asset managers , Airline trends & analysis , Other , Aviation Banks and Lenders

SpiceJet avoids insolvency decision after last-minute settlement forces reset

SpiceJet has avoided an immediate decision that could have pushed it into insolvency, after the Indian carrier settled with lessor Aviator ML over a payment dispute worth around INR600 million ($6.3 million). more

21/08/2026

in Airline trends & analysis

airBaltic buys time as bondholders back interest capitalisation

airBaltic bondholders have approved the capitalisation of two interest payments on its €380 million 14.5% notes due in 2029, easing near-term liquidity pressure as the carrier progresses an out-of-court restructuring. more

18/08/2026

in Airline trends & analysis

Bank Q2 survey: More risk but no pricing reset for aviation banks

Bank risk-adjusted margins appear to have dropped in the last three months for secured aircraft financings, according to Ishka Airfinance research, despite bank costs increasing for many lenders and many carriers becoming riskier credits given the operational headwinds caused by the spike in fuel prices since March. more

14/08/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Aviation Banks and Lenders

airBaltic to cut 18 aircraft, START II ABS breaches DSCR trigger, 5-year-old Boeing WB values

The Weekly Review is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

14/08/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Other

China's demand puzzle

Ishka Airfinance looks at how the Iran war has upset the trajectory for the big three Chinese airlines, and how China’s other carriers could weather the crisis. more

12/08/2026

in Airline trends & analysis

LATAM VP fleet talks future RFPs, E2s and 787 financing plans

Ishka Airfinance sits down with LATAM Airlines Group VP of fleet and projects, Sebastián Acuto, to discuss the group's fleet strategy, its widebody financing plans, a stronger-than-expected appetite for its E2 campaign, and the shifting bottleneck in Pratt & Whitney GTF maintenance delays. more

05/08/2026

in Airline trends & analysis

SMBC upsizes existing debt deals, Allegiant agrees four loans

The latest Ishka Airfinance loan datasheet examines recent loans for commercial aircraft lessors and airlines, and the dynamics impacting aircraft lenders. more

22/07/2026

in Lessors & Asset managers , Airline trends & analysis , Other , Aviation Banks and Lenders

On Watch: Flybondi fends off bankruptcy petition, airBaltic courts bondholders, ICBC to repossess SpiceJet 737-8s

This edition of On Watch provides updates on Flybondi, airBaltic, SpiceJet, Volotea, Aer Lingus and Mexicana. more

17/07/2026

in Airline trends & analysis

Farnborough rumours, ITE’s new lending arm, regional & turboprop values

The Weekly Review is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

17/07/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , Other

Apollo ignites easyJet bidding war with £5.7 billion offer

Private equity firm Apollo Global Management has launched a surprise bid for easyJet, announcing an agreement in principle for a possible cash acquisition days after the airline agreed a deal with Castlelake. more

10/07/2026

in Airline trends & analysis , Aviation Banks and Lenders

Apollo swoops for easyJet, airBaltic returns leases early, 10-year-old Boeing WB values

The Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

09/07/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , Other

Wizz Air CCO: RFPs heavily 'oversubscribed' amid strong JOLCO and sale/leaseback demand

Wizz Air's Chief Corporate Officer, Owain Jones, speaks exclusively to Ishka Airfinance about how the airline is financing one of Europe's largest narrowbody orderbooks, why rising Japanese interest rates have not dented JOLCO demand, and the importance of fuel hedging as structural risk mitigation. more

08/07/2026

in Airline trends & analysis

Castlelake wins easyJet backing 'in principle', Neuberger agrees $6bn DAE JV

Castlelake and easyJet have reached an agreement in principle on the key financial terms of a proposed takeover, valuing the airline at approximately $7.3 billion. Elsewhere, Dubai Aerospace Enterprise is launching an aircraft leasing co-investment vehicle, Mustang Aerospace, in partnership with Neuberger Speciality Finance. more

06/07/2026

in Lessors & Asset managers , Airline trends & analysis

Spirit seeks approval for $630 million stalking horse bid on 27 A320-family aircraft

Spirit Airlines is seeking court approval for bidding procedures and a stalking horse bid covering 27 owned Airbus A320 and A321 aircraft. more

03/07/2026

in Lessors & Asset managers , Airline trends & analysis

SMBC bank sells aircraft loan portfolio, Partners Group invests in midlife, 10-year-old Airbus WB values

The Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

03/07/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , Other

Q3 jet fuel outlook: supply fears ease, but price pain will linger to 2027

European jet fuel prices are unlikely to return to pre-conflict levels until 2027, as a prolonged inventory rebuilding cycle keeps crack spreads elevated even as Brent crude retreats, according to multiple oil commodity analysts speaking to Ishka. more

01/07/2026

in Airline trends & analysis , Other

easyJet rejects fourth takeover bid, 10-year-old Boeing NB values

The Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

26/06/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Aviation Banks and Lenders

Analysis: Castlelake makes public its £4.7bn easyJet bid after third rejection

Castlelake has disclosed a third £4.7 billion proposal for easyJet. Ishka examines the ownership structure, financing plan and valuation dispute underpinning a potential takeover. more

22/06/2026

in Lessors & Asset managers , Airline trends & analysis

US-Iran peace and the impact on engine leases, KKR commits $1.4bn to Altavair, 10-year-old Airbus NB values

Ishka's Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

18/06/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines

Crestone completes Arena acquisition; Canada offers struggling airline loans; 15-year regional & turboprop values

Ishka's Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

12/06/2026

in Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Other

H1: Ishka webinar takeaways: the muted reaction to the jet fuel crisis

The key takeaways from this week’s Ishka Airfinance H1 webinar: Midlife narrowbody lease rates decline from their peaks, airlines reduce growth plans. more

11/06/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis

H1 2026: How airline fleet managers are responding to jet fuel crisis

At least 15 airlines across five regions have announced concrete fleet or capacity measures since the conflict in the Middle East drove jet fuel prices to roughly double since late February, according to Ishka research. more

10/06/2026

in Airline trends & analysis

Jet Fuel Crisis: Governmental support fourteen weeks into the conflict

To date, Ishka has tracked 46 enacted, confirmed, requested and reported aviation support measures across 23 countries and jurisdictions since the conflict in the Middle East began on 28th February 2026. more

05/06/2026

in Airline trends & analysis

Castlelake eyes easyJet, UK-based cargo airline enters administration, 15-Year-Old Boeing WB values

Ishka's Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

05/06/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Aviation Banks and Lenders

Could Castlelake buy easyJet?

Ishka explores Castlelake's possible bid for easyJet, the structural obstacles to a deal, and which European airlines could partner on a potential bid. more

03/06/2026

in Airline trends & analysis , Aviation Banks and Lenders

Maybe less shiny, but this is still the ‘golden era’ for current-tech narrowbodies

Midlife narrowbody lease rates maybe starting to slip due to recent airline insolvencies caused by the fuel crisis, but narrowbody aircraft market values are still way above their base values. more

28/05/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis

737 MAX part-outs, Airborne and Mercuria reach first fund close, 15-Year-Old Boeing NB values

Ishka's Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

22/05/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Aviation Banks and Lenders

On Watch: Air India posts $2.8 bn loss, small European airlines cite fuel costs in EU261 reform pushback

This edition of On Watch provides updates on Air India, Lufthansa Group and ITA Airways. more

20/05/2026

in Airline trends & analysis

THY issues 60 plus aircraft RFP, OEM warn of ‘major trade war’ if EU expands ETS scope

Turkish Airlines is rumoured to be in the market with a financing RFP for more than 60 older aircraft. Elsewhere, the European Commission reaffirmed its intention to “apply an effective price signal” to extra-European flights through its carbon market. more

18/05/2026

in Airline trends & analysis , OEMs, Cargo & Engines

Jet Fuel Crisis: Governmental support eleven weeks into the conflict

To date, Ishka has tracked 42 enacted, proposed and requested measures for aviation support globally, spanning direct loans, state-backed credit facilities, tax relief, fuel supply interventions and regulatory flexibility initiatives. more

18/05/2026

in Airline trends & analysis

China orders 200 Boeing aircraft, aircraft retirements could rise, 15-year Airbus narrowbody values

Ishka's Weekly Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

14/05/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Aviation Banks and Lenders

Why Europe's jet fuel problem is price, not supply

European airline fuel managers tell Ishka they are not concerned about physical jet fuel shortages this summer, with the real risks lying in pricing, basis risk and eroding hedge cover. more

14/05/2026

in Airline trends & analysis

Jet Fuel Crisis: Governmental support ten weeks into the conflict

To date, Ishka has tracked more than 40 enacted, proposed and requested aviation support measures globally, spanning direct loans, state-backed credit facilities, tax relief, fuel supply interventions and regulatory flexibility initiatives. more

08/05/2026

in Airline trends & analysis

Spirit's liquidation, Azorra buys DAE's A220 orderbook, ATR, Embraer and A220 values

Ishka's Transaction Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

08/05/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Capital Markets , OEMs, Cargo & Engines , Aviation Banks and Lenders

Spirit undergoes Chapter 11 liquidation, 66 aircraft set to return to lessors

The Middle East fuel shock has pushed Spirit Airlines into liquidation, making it the first major airline to collapse during the crisis. more

05/05/2026

in Airline trends & analysis

Borrowers tap cap markets, Arcus to buy a stake in TrueNoord, new-build Boeing WB values

Ishka's Transaction Update is a report series that examines key trends, recent deal flow, and major announcements in aviation and aircraft leasing. more

01/05/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Aviation Banks and Lenders

On Watch: Spirit delays court hearing, AVA requests $2.5 billion jet fuel liquidity pool

Spirit Airlines has delayed an expected bankruptcy court hearing as it continues discussions with the US government on a potential financing package. Ishka's research suggests that current jet fuel prices could add roughly $50 million to the carrier’s monthly fuel bill, compared with the assumptions underpinning its original Chapter 11 restructuring plan. more

29/04/2026

in Airline trends & analysis

Spirit bailout talks advance, JetBlue dismisses bankruptcy risk, new-build Airbus WB values

Ishka's Transaction Update is a report series looking at the key trends, recent deal flow, and key announcements within aviation and aircraft leasing. more

24/04/2026

in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Airline trends & analysis , Aviation Banks and Lenders