Latest fleet and mobility management course launches in Poland

Polish independent fleet and leasing consultancy Total Fleet Solutions has announced its latest fleet and mobility management course for the industry. The course, which will start in February, is the country’s first academic-based fleet management course. It was designed by the partners at Total Fleet Solutions - Paul Ramsay Gogolinski and Krzysztof Sosnowski - and developed together with Leon Kozminski University, Warsaw, a top 20 business school for management studies, according to the Financial Times.

Latest fleet and mobility management course launches in Poland

Jan 16, 2019

Polish independent fleet and leasing consultancy Total Fleet Solutions has announced its latest fleet and mobility management course for the industry. The course, which will start in February, is the country’s first academic-based fleet management course. It was designed by the partners at Total Fleet Solutions - Paul Ramsay Gogolinski and Krzysztof Sosnowski - and developed together with Leon Kozminski University, Warsaw, a top 20 business school for management studies, according to the Financial Times.

Altavair AirFinance secures $1 billion investment

Global investment firm KKR is putting $1 billion into a new partnership with Altavair AirFinance, a specialist commercial aviation finance company to create a global portfolio of leased commercial aircraft. Seattle-headquartered Altavair will be KKR’s partner for aircraft leasing investments and KKR will also acquire a 50% interest in Altavair as part of the long-term partnership. KKR’s initial investment will go towards the acquisition of six cargo aircraft on long-term lease with a diverse group of airline counterparties.

Altavair AirFinance secures $1 billion investment

Jan 14, 2019

Global investment firm KKR is putting $1 billion into a new partnership with Altavair AirFinance, a specialist commercial aviation finance company to create a global portfolio of leased commercial aircraft. Seattle-headquartered Altavair will be KKR’s partner for aircraft leasing investments and KKR will also acquire a 50% interest in Altavair as part of the long-term partnership. KKR’s initial investment will go towards the acquisition of six cargo aircraft on long-term lease with a diverse group of airline counterparties.

Aircraft leasing firm ATSG boosted by Amazon deal

Aircraft leasing company Air Transport Services Group (ATSG) is expanding its aircraft leasing agreements with internet retail giant Amazon. The developments include agreements to lease and operate 10 additional Boeing 767s for Amazon, extending leases for 20 767 aircraft ATSG currently provides, and extending the current agreement through which ATSG’s airlines operate those aircraft in the Amazon Air network. In addition, Amazon will be granted warrant rights which, if exercised, would further expand its potential equity stake in ATSG. The arrangements also provide warrant incentives for Amazon to lease up to 17 additional cargo aircraft from ATSG.

Aircraft leasing firm ATSG boosted by Amazon deal

Jan 14, 2019

Aircraft leasing company Air Transport Services Group (ATSG) is expanding its aircraft leasing agreements with internet retail giant Amazon. The developments include agreements to lease and operate 10 additional Boeing 767s for Amazon, extending leases for 20 767 aircraft ATSG currently provides, and extending the current agreement through which ATSG’s airlines operate those aircraft in the Amazon Air network. In addition, Amazon will be granted warrant rights which, if exercised, would further expand its potential equity stake in ATSG. The arrangements also provide warrant incentives for Amazon to lease up to 17 additional cargo aircraft from ATSG.

Europe

Hitachi Capital acquires Maske Fleet to expand vehicle solutions operations in Europe

Jan 09, 2019

Hitachi Capital has expanded its fleet management service coverage in Europe with the acquisition of Maske Fleet. Maske Fleet provides rental and fleet management services for cars and commercial vehicles in Austria and Germany. It also has a presence in Denmark, which Hitachi Capital intends to use as an entry point for further expansion into the Nordic region.

Americas

Fortis fleet management launches

Jan 14, 2019

A new professional consultancy and provider of asset management and monitoring solutions for rental companies and fleet owners across the equipment industry has launched to the industry. Fortis will be led by an executive team including Josh Mosko, founder and CEO. He said: “Together, we possess more than a century of asset management and telematics expertise in the rental and equipment industry. “Part of our value proposition is we have worked for rental, distributor, and OEM firms in various sales, operations, fleet, and product support roles. We understand the equipment, applications, and end-user expectations and the pain points of managing fleets from the field to the executive level.”

Asia Pacific

McMillan Shakespeare and Eclipx agree merger

Nov 21, 2018

McMillan Shakespeare and Eclipx have agreed a merger to create a new market leader in salary packaging and fleet management for Australia and New Zealand. As part of the deal, the MMS board will expand to include three Eclipx directors, while current MMS CEO and CFO, Mike Salisbury and Mark Blackburn, will retain their titles in the combined group. The deal requires shareholder approval, but the businesses say it brings major financial benefits, including efficiency savings. The combined businesses provide salary packaging, novated leasing, fleet leasing and fleet management services throughout Australia and New Zealand.