Exact(1)
The Other segment comprises of logistics, insurance, venture capital, aircraft leasing, and real estate businesses.
Similar(59)
The biggest order of the day was from DAE Capital, the aircraft leasing and financing division of Dubai Aerospace Enterprise, for 100 planes: 30 midrange Airbus A350-900s and 70 single-aisle A320s, worth $13 billion at list prices.
Candidates for divestment could include part or all of the consumer-finance, capital markets, aircraft-leasing or fund-management businesses though the last of these fits well with AIG's insurance operations.
New orders for non-defence capital goods, excluding aircraft, grew by 4.7%.
Lost in this analogy is the fact that capital assets like aircraft depreciate over time.
The report said that nonmilitary capital goods, excluding aircraft, rose 2.1 percent in May.
The Commerce Department reported that nonmilitary orders for capital goods, excluding aircraft, declined 1.2 percent last month.
In the latest report, a 4.5 percent drop in orders for nondefense capital goods, excluding aircraft, was of special concern.
Nonmilitary capital spending excluding aircraft was revised higher to 3.9 percent, indicating that many businesses expected the economy to keep growing.
Nonmilitary capital goods excluding aircraft, a measure of business investment, rose 2.6percentt in July after a 1.3percentt increase in June.
Orders for nonmilitary capital goods excluding aircraft, a proxy for future investment, jumped 3.2percentt last month after a 2.5percentt decline.
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