Wednesday, March 12, 2025

Equipment Leasebacks: Air Canada Flips Boeing 787 Dreamliners for Big Gains

From Puget Sound Business Journal Strong demand for Boeing’s 787 passenger jet has created a profitable sideline for Air Canada, which is selling some of its Dreamliners and leasing them back. Canada’s national airline sold two of the advanced, fuel-efficient planes to new owners for $259 million last year and leased them back, recording a $14 million gain on the sales, The Toronto Globe

Toshiba May Sell Westinghouse to Cut Nuke Losses

From The Pittsburgh Business Times Cranberry Township-based Westinghouse Electric Co. could be sold by Toshiba Corp. after a $6 billion loss from its nuclear business following an acquisition has shaken its parent company. The Japan Times reported on comments from a news conference Tuesday where Toshiba President Satoshi Tsunakawa said the Tokyo-based company has potential buyers for its controlling stake in Westinghouse. That could include Chinese- or South