Most Clicked ELFA SmartBrief Stories
1. Competitors close in on aircraft-leasing giants GECAS and ILFC
ELFA SmartBrief | Feb 10, 2012
GE Capital Aviation Services and International Lease Finance are still the largest aircraft lessors in the industry, but competitors are quickly closing the gap, according to Airline Business' annual survey. AerCap, BBAM and CIT Aerospace saw double-digit growth in fleet value last year. Sumisho Aircraft Asset Management is expected to become a big player if it completes a deal with RBS Aviation Capital. FlightGlobal.com (U.K.) (02/09)
2. GE will spend $580 million on factories in Ala. and Miss.
ELFA SmartBrief | Feb 14, 2012
General Electric plans to invest $580 million in its jet-engine business. The money will go toward a factory in Auburn, Ala., and another in Ellisville, Miss. Telegraph (London), The (02/13)
3. Can Wacky Employee Perks Help You Retain Your Staff?
ELFA SmartBrief | Feb 13, 2012
OPEN Forum blogs (02/12)
4. Many tax breaks would end under Obama's plan, Geithner says
ELFA SmartBrief | Feb 15, 2012
President Barack Obama's proposal to change how the government taxes business would end "dozens and dozens" of tax breaks, Treasury Secretary Timothy Geithner told the Senate Finance Committee. He said the plan would preserve a few targeted tax breaks intended as incentives for "creating and building stuff in the United States." Reuters (02/15)
5. Cost of Wall Street bailout is more than double previous figure
ELFA SmartBrief | Feb 15, 2012
The Obama administration is asking for $61 billion from its proposed bank tax to pay for the rescue of Wall Street, compared with $30 billion last year. Officials previously said the bailout would cost significantly less than estimated. Washington Post, The (02/13)
6. Deere raises profit forecast for fiscal 2012
ELFA SmartBrief | Feb 15, 2012
Deere & Co.'s profit for its fiscal first quarter and earnings estimate for fiscal 2012 beat analysts' forecasts. The world's largest maker of farm equipment predicted annual profit of $3.28 billion, compared with analysts' estimate of $3.18 billion. Bloomberg (02/15)
7. Freight-car lease rates stay strong, Longbow Research says
ELFA SmartBrief | Feb 14, 2012
Lease rates for freight cars continue improve, according to a survey of rail-car lessors by Longbow Research. Rates for 30,000-gallon tank cars are at a record high. Lease rates for coal cars are below average because the warm winter is letting utilities maintain their coal stockpile. ProgressiveRailroading.com (02/13)
8. Equilease will service SL Financial's middle-ticket portfolio
ELFA SmartBrief | Feb 14, 2012
Equilease Financial Services was retained by SL Financial Services to provide account servicing and reporting for a $260 million portfolio of middle-ticket equipment leases and loans. As part of the agreement, Equilease hired several SL Financial employees. Read more. Blank (02/14)
9. Libra orders AgustaWestland helicopters in leasing expansion
ELFA SmartBrief | Feb 13, 2012
Libra Group is expanding into helicopter leasing. The company plans to invest as much as $400 million on AgustaWestland 139, 169 and 189 aircraft. The helicopters will be used for oil and gas exploration, rescue missions and medical transport. Bloomberg Businessweek (02/13)
10. Trailer-makers see high demand from energy industry
ELFA SmartBrief | Feb 14, 2012
Demand from the oil and gas sector for trailers to haul product is bolstering the manufacturing industry. Such trailers cost as much as $150,000. Chemical and food companies, however, are finding that there are not enough specialized trucks for them, as manufacturers focus on the energy sector. Fox Business (02/13)
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