Air Lease Corp

Atlas Air Worldwide (AAWW) is an outsourced global provider of aircraft and aviation operating services for airlines, express delivery providers, freight forwarders, the United States military, and charter brokers.

It is no secret that there has been a long-standing secular shift to other modes of freight transport (airfreight is 1% to 2% of global volume), but conversely, there has been a critical value shift.

Several carriers carved out a substantial profit center during the 2000s from cargo and passenger transportation of U.S. military deployments.

This morning, Boeing (BA) received a major boost for its troubled 787 Dreamliner, whose order backlog has depleted rapidly.

The second day of the Dubai Air Show was quite eventful. Boeing and Airbus were both vying for new contracts, but Airbus stole the spotlight.

Boeing (BA) may lose another multibillion-dollar aircraft order to Airbus as its fast-selling 737 MAX aircraft remain grounded.

The troubled 737 MAX’s prolonged grounding and uncertainties are hurting Boeing’s (BA) commercial aircraft order and delivery numbers.

Air New Zealand announced this morning that it had signed a deal with Boeing (BA) to buy eight 787-10 Dreamliner planes, according to Reuters.

Rising safety concerns about the Dreamliners could create more problems for Boeing. The stock has already fallen significantly in the last four months.

Boeing received a major order for its 787-9 Dreamliner last week. Boeing needed such a deal, as orders for its 737 MAX planes dried up after the Ethiopian Airlines crash.

General Electric (GE) fell ~4.4% yesterday after market experts questioned how much the company could make from selling its airline-leasing unit.

In NAV (net asset value) terms, in the one-year period ending January 2016, the Parnassus Asia Fund (PAFSX) was the worst-performing fund among our nine.