Connected EV platform wins VWFS UK start-up battlefield competition

A platform connecting EV drivers and eco-friendly businesses has won a start-up battlefield competition hosted by Volkswagen Financial Service UK to identify new business ideas. Go To-U secured first place in the UK edition of the competition which saw entrants with ideas in three categories battle for a €15,000 grant and a place in the Volkswagen Future Mobility Incubator in Dresden.

Connected EV platform wins VWFS UK start-up battlefield competition

Aug 17, 2018

A platform connecting EV drivers and eco-friendly businesses has won a start-up battlefield competition hosted by Volkswagen Financial Service UK to identify new business ideas. Go To-U secured first place in the UK edition of the competition which saw entrants with ideas in three categories battle for a €15,000 grant and a place in the Volkswagen Future Mobility Incubator in Dresden.

Willis Lease sees 32% revenue rise

Aviation sector specialist Willis Lease Finance Corporation has reported 50.4% growth in annual pre-tax income to $36 million, from $23.9 million in 2016, and recorded a total revenue increase of 32.6% to $274.8 million. The rise was driven by solid revenue growth in the core leasing business and a significant increase in spare parts and equipment sales.

Willis Lease sees 32% revenue rise

Aug 10, 2018

Aviation sector specialist Willis Lease Finance Corporation has reported 50.4% growth in annual pre-tax income to $36 million, from $23.9 million in 2016, and recorded a total revenue increase of 32.6% to $274.8 million. The rise was driven by solid revenue growth in the core leasing business and a significant increase in spare parts and equipment sales.

New Arval UK CEO set to reveal transformational changes to consumer mobility in keynote fleet speech at IAFN Conference and Awards

Miguel Cabaca, the new CEO of Arval UK is to present Fleet re-invented: driving mobility for consumers and businesses to an audience of up to 500 delegates at the IAFN Conference and Awards in London on 13 September 2018. This is a wide ranging presentation designed to will consider how to make sense of - and how to thrive in - the changing environment in which fleet companies are operating. It considers the roles each channel is playing, whilst assessing the future for dealers, brokers, manufacturers and for dealing direct with customers online.

New Arval UK CEO set to reveal transformational changes to consumer mobility in keynote fleet speech at IAFN Conference and Awards

Aug 07, 2018

Miguel Cabaca, the new CEO of Arval UK is to present Fleet re-invented: driving mobility for consumers and businesses to an audience of up to 500 delegates at the IAFN Conference and Awards in London on 13 September 2018. This is a wide ranging presentation designed to will consider how to make sense of - and how to thrive in - the changing environment in which fleet companies are operating. It considers the roles each channel is playing, whilst assessing the future for dealers, brokers, manufacturers and for dealing direct with customers online.

Europe

UK fleets are positive on growth over the next three years, says Arval

Aug 07, 2018

Despite uncertain conditions, a net 20% of businesses believe the number of vehicles they operate will grow in the next three years, according to new research by Arval. The figure – which shows those companies predicting an increase minus those who foresee a decrease - is virtually identical to last year when a net 21% of fleets said that they were optimistic about growth prospects. The findings come from the 2018 edition of Arval’s Corporate Vehicle Observatory Barometer, research which covers 3,718 fleet decision makers.

Americas

Enterprise Fleet Management signs public sector leasing deal

Jul 30, 2018

Enterprise Fleet Management has signed a leasing deal with Erie County in New York state which will see it replace its current owned vehicle fleet with vehicles leased from Enterprise. The agreement will rotate out 395 vehicles from the county fleet, primarily in the Public Works and Parks departments, over the next five years along with 187 vehicles from the Erie County Sheriff’s office over the next four years. These county-owned vehicles will be sold and the proceeds used to defray leasing costs, accruing savings to the county of approximately $3.7 million by year five.

Asia Pacific

Indian airline fleet set to double within 10 years

Jul 30, 2018

Avolon, the international aircraft leasing company, is expecting the Indian airline fleet to double to almost 1,100 by 2027 at a projected value of $60 billion in order to keep up with passenger demand. Indian airlines currently operate almost 600 passenger aircraft - 75% narrowbody, 11% widebody and 14% regional aircraft. The company makes the prediction in its new 76-page white paper called ‘India, a 21st Century Powerhouse’, which offers an in-depth look at the country’s air travel market.