Latest News for: Aircraft leasing

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PLDT Aviation Taking Off With Charter Business

Manila Bulletin 25 Feb 2021
Aside from ferrying corporate clients and individuals with ultra-high-net worth, the company can also fly cargo, perform medical evacuations, and lease out space at its hangar for clients who wish to park their own aircraft. It is the only aircraft charter company in the Philippines using full-time two-pilot operations.
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Li Ka-shing to raise US$400m for Spac deals

Hong Kong Standard 25 Feb 2021
They are considering seeking around US$400 million, though the exact terms haven’t been finalized, the people said ... Securities and Exchange Commission this week, the people said ... They also run CK Asset Holdings, which is one of Hong Kong’s largest developers and also has investments in hotels, utilities and aircraft leasing ... .
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Li Ka-shing to raise US$400m for US Spac deals

Hong Kong Standard 25 Feb 2021
Li Ka-shing is planning to raise funds for dealmaking by listing a special purpose acquisition company in the U.S., people with knowledge of the matter said, Bloomberg reports ... They also run CK Asset Holdings, which is one of Hong Kong’s largest developers and also has investments in hotels, utilities and aircraft leasing ... .
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Hong Kong tycoon Li Ka-shing plans US blank-cheque company

Straits Times 25 Feb 2021
A company backed by Mr Li's family is working with advisers on the potential Spac initial public offering, according to the people, who asked not to be identified because the information is private ... They also run CK Asset Holdings, which is one of Hong Kong's largest developers and also has investments in hotels, utilities and aircraft leasing ... ....
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Breeze Gets Tentative Green Light To Operate 22 Aircraft Fleet

Simple Flying 24 Feb 2021
The airline is cleared to fly up to 22 aircraft as of now ... Congratulations, @breeze_airways! The airline officially received its first #Embraer #E190 on lease from NAC this week ... Breeze has currently entered into agreements to lease three Embraer E190 or E195 with room for 108 or 118 passengers, respectively, with plans to add more aircraft.
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Airbus Agrees Terms To Cancel Norwegian’s 88 Aircraft Orders

Simple Flying 24 Feb 2021
As anticipated, Norwegian has reached an agreement with Airbus to cancel its outstanding aircraft orders. In all, 88 aircraft ... These have left it relying on older, less efficient aircraft, and even hiring in Hi Fly’s wet lease A380 for a time to cover its transportation commitments.
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Air cargo now aviation’s sole bright spot

Shenzhen Daily 24 Feb 2021
Luxembourg-based Cargo Facts Consulting expects about 90 aircraft to be converted to freighters in both 2021 and 2022 ... is rapidly expanding its fleet of planes, and recently announced it would buy 11 used Boeing 767-300 jets, the first time the online retail giant has purchased, rather than leased, aircraft for its fast-growing air cargo operation.
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Air cargo remains single bright spot for aviation sector in 2021

Hindustan Times 24 Feb 2021
Luxembourg-based Cargo Facts Consulting expects about 90 aircraft to be converted to freighters in both 2021 and 2022 ... is rapidly expanding its fleet of planes, and recently announced it would buy 11 used Boeing 767-300 jets, the first time the online retail giant has purchased, rather than leased, aircraft for its fast-growing air cargo operation.
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Boeing's issues with 787, including SC-made jets, have 'mushroomed,' says Air Lease

The Post and Courier 24 Feb 2021
The production issues plaguing Boeing Co.'s Dreamliner program "seemed to have mushroomed" with no end in sight, the top executive of a major aircraft leasing company told investors this week.�. Air Lease Corp.�CEO John Plueger said during a Feb ... Business ... The delays have Los Angeles-based�Air Lease waiting for planes it ordered ... Business ... .
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A Look At AirAsia X’s Restructuring Plan

Simple Flying 23 Feb 2021
The majority of aircraft lessors are backing a restructuring plan that would minimize their losses on aircraft leases ... AirAsia X attempts to wrangle 20 irate aircraft leasing companies ... AirAsia X sources its aircraft from some 20 lessors ... In the current environment, most of the lessors can’t re-lease any recovered AirAsia X aircraft.
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Which Airlines Leased Hi Fly’s Airbus A380?

Simple Flying 23 Feb 2021
Amid falling demand, Hi Fly Malta withdrew the aircraft from service in December 2020 ... One of the reasons it leased the aircraft was to clear a backlog of delayed passengers caused by the London Gatwick drone incident in December 2018 ... Indeed, it was already leasing another Hi Fly aircraft, namely an Airbus A340, at the time.
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Dubai Aerospace Enterprise confirms talks on to lease its Boeing 737 MAX 8

Gulf News 23 Feb 2021
Dubai Aerospace Enterprise (DAE) is in talks with airlines about leasing the Boeing 737 MAX 8 aircraft in its fleet - days after UAE’s aviation regulator lifted its ban on the airplane ... DAE posts full-year 2020 revenue of Dh4.78b Dubai Aerospace Enterprise to lease 7 Airbus aircraft to India's IndiGo.
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Dubai Aerospace leases 7 Airbus A321neo aircraft from IndiGo

Urdu Point 23 Feb 2021
Firoz Tarapore, Chief Executive Officer of DAE said, "We are delighted to add this fuel-efficient aircraft and popular aircraft type to our leased aircraft ...
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