PHINIA (PHIN) 2025 Conference September 03, 2025 08:50 AM ET Company ParticipantsBrady Ericson - President, CEO & DirectorConference Call ParticipantsLaurence Alexander - Equity AnalystLaurence AlexanderGood morning and welcome to the first day of the Jefferies Industrials Conference. Laurence Alexander with the chemical sector. It's my pleasure to introduce Brady Ericson, who is the CEO of PHINIA. Without any further ado, we're going to jump in. Should we just turn this off? Let's start with just a very qu ...

Averitt Express branded Volvo VNL Truck Volvo Trucks North America customer Averitt Express, one of the nation’s leading freight transportation and supply chain management providers, has placed an order for more than 200 all-new Volvo VNL 860s. Greensboro, North Carolina, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Volvo Trucks North America customer Averitt Express, one of the nation’s leading freight transportation and supply chain management providers, has placed an order for 264 new Volvo VNL 860s. The deal ...

Core Insights - AviLease has placed its first direct order for Boeing airplanes, securing a firm purchase of 20 737-8 jets with options for 10 more, enhancing its aircraft portfolio [1][2] - The deal aligns with Saudi Arabia's strategic plan to become a global aviation hub, aiming to serve 330 million passengers and attract 150 million visitors annually by 2030 [2] - The Boeing 737 MAX is expected to provide AviLease with fuel efficiency and versatility, supporting its global expansion and sustainability goals [3] Company Developments - AviLease's CEO, Edward O'Byrne, emphasized the importance of this order in complementing the company's growth strategy and achieving investment grade ratings [2] - The transaction demonstrates AviLease's capability to engage in various market channels, including sale and lease-back, secondary trading, M&A, and direct OEM purchasing [2] Industry Context - The Boeing 737 represents approximately 30% of all financed airplanes, highlighting its significance in the leasing industry [3] - The partnership between Boeing and AviLease is expected to strengthen the global 737 MAX fleet and support the airline customers' business objectives [3]

"BOC Aviation's latest investment in the 737-8 demonstrates the confidence lessors have in this airplane to meet continued air travel demand and improve fuel efficiency," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "The 737-8 is much sought after by airlines due to its unmatched versatility, generating significant operational savings because of lower fuel consumption." The 737-8, seating 162 to 210 passengers depending on configuration and with a range of up to 3,500 ...