Leasing

Legendary Jet Leasing Pioneer Udvar-Hazy Announces Retirement After 60 Years in the Industry

3 months ago

In a significant shift for the aviation leasing sector, Stephen Udvar-Hazy, often celebrated as the “godfather” of jet leasing, has officially declared his retirement after an impressive six-decade-long career. Known for his pivotal role in shaping the commercial aviation landscape, Udvar-Hazy's departure marks the end of an era for a sector he helped revolutionize.

Mercedes-Benz Considers Sale of Leasing Unit as Part of Comprehensive Strategy Review

4 months ago

In a significant strategic shift, Mercedes-Benz is reportedly exploring the possibility of selling its leasing division. This decision comes amid a broader examination of the company's business operations aimed at enhancing profitability and aligning with the evolving auto market landscape. The potential sale of the leasing unit reflects a larger trend within the automotive industry, where companies are reassessing their portfolios to focus on core competencies and streamline operations.

Rising Costs Make Electric Vehicle Leasing a Challenge for Budget-Conscious Drivers

7 months ago

As the market for electric vehicles (EVs) continues to grow, prospective lessees looking for affordable leasing options may soon find their choices dwindling. A combination of regulatory changes and increasing vehicle prices is set to make leasing an EV significantly more difficult for consumers seeking budget-friendly options.

Unexpected Rate Cut at ECB Signals Shift Towards Global Easing

8 months ago

The European Central Bank (ECB) is poised to initiate a surprising rate cut, a move that many analysts did not anticipate would occur in the near term. This decision arises as the bank contemplates broader economic challenges that are forcing a reassessment of its monetary policy stance. The ECB's evolving strategies could herald a new phase in global monetary easing, significantly impacting markets and economies worldwide.

Global Easing Intensifies Challenges for Bank of Japan's Monetary Policy

8 months ago

New developments in international financial markets have seen the increased trend of global monetary easing become a big thorn in the flesh of the Bank of Japan as it contemplates future policy decisions with regard to hiking interest rates. Central banks worldwide are easing further against the general economic weakness; this development makes it complicated for the hope of the BOJ in tightening its monetary policy.