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Interpool Inc., a lessor of cargo containers, said yesterday that it had agreed to buy a rival, Transamerica Leasing Inc., for around $675 million in cash.
After repeatedly replacing damaged or stolen plumbing, electrical wiring and equipment and structural members, Roger lamented: "I have become the lessor of two evils!" The quotation, in a nutshell, summed up Roger's caustic wit and realistic assessment of a situation.
It remains for Mr. Cesar Balse, of Acapulco and Mexico City, the lessor of the St . Regis to launch in the King Cole Room a pool-sized Bloody Mary, properly celebrated on a postcard bordered by Orange Blossoms as big as the Ritz.
Most recently, it announced the purchase of Rigg Tools, a lessor of oilfield equipment.
There's a 10% chance that the airplane you fly in is owned by GE Capital, the largest owner and lessor of commercial aircraft.
John Rogers: Pitney Bowes is the dominant manufacturer and lessor of postal meters and has been for a very long time.
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Earlier this month, Canadian Airlines suspended payments of 135 million dollars to lenders and lessors of aircraft to conserve cash during the weak winter season.
GE SeaCo, which G.E. and Sea Containers of Bermuda formed nine years ago, has become one of the world's largest lessors of shipping containers.
Canadian Airlines' fleet of 79 aircraft is older than Air Canada's fleet of 155, and industry analysts said lessors of older or unwanted planes would have to accept payments as low as half the current rate or take back their assets.
With a fleet soon to reach 300, it is one of the world's biggest lessors of aircraft.Airbus said that 2011 had been its most successful year yet, as it delivered 534 aircraft to airlines and booked 1,419 net orders (new minus cancelled).
CIT also had to gather evidence to persuade the other banks that the lessors of United's fleet would not scuttle it, that customers would be willing to fly a bankrupt carrier, that the unions (who were unwilling to take pay cuts) now understood, in Russo's words, "you can win the battle and lose the war".
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