Latest News for: Aircraft leasing

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Commercial Aircraft Leasing Market to Register $14.50 Billion during 2021-2025 | Technavio

The Oneida Daily Dispatch 20 Jun 2021
The commercial aircraft leasing market is poised to grow by USD 14.50 billion�during 2021-2025, decelerating at a CAGR of�almost 9% during the forecast period.�- Advertisement - ... The study identifies the influence of taxes on aircraft leasing as one of the prime reasons driving the commercial aircraft leasing market growth during the next few years.
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Airlines, passengers hurting over Lagos airport’s non-functional runway lights

Business Day Online 19 Jun 2021
It is only when airlines have frequencies and schedules that they would be able to meet up with their leased aircraft payments,” Ohunayo said ... BusinessDay’s checks show that the Murtala Muhammed International Airport records about 1,540 aircraft movement monthly (arrivals and departures).
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New low-fare airlines take to skies amid recovery

Arkansas Democrat-Gazette 19 Jun 2021
The first new U.S. air carriers in 14 years are vying for a slice of air travel's rebound as the industry emerges from its worst downturn in history. For more than a year, a global pandemic laid waste to aviation. U.S ... In the aftermath, pent-up demand is fueling a travel surge ... [CORONAVIRUS ... Aircraft leasing firm Avolon estimates the new U.S ... .
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Aviation Capital Group Announces Delivery of Eighth A320neo to Viva Air

Daily Freeman 18 Jun 2021
Aviation Capital Group LLC (“ACG”), a leading aircraft asset manager, announced today the delivery of one new Airbus A320neo aircraft on long-term lease to Viva Air ... aircraft as of March 31, 2021, which are leased to approximately 85 airlines in approximately 40 countries.
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3 Airbus A380s Have Been Scrapped To Date

Simple Flying 18 Jun 2021
Even the only specimen to successfully transition operators has also been retired by its adopter, Portuguese wet lease specialist Hi Fly ... The aircraft, which had taken its first flight in May 2006, was acquired along with four others through a ten-year lease deal ... Photos surfaced of the sad fate of the aircraft in December of the same year.
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Air Belgium Set To Take 2 Airbus A330-900neos

Simple Flying 18 Jun 2021
Air Belgium is set to lease two Airbus A330-900neos that were initially built for the now-defunct Air Berlin ... The two A330neos will be acquired on lease from Air Lease Corp ... According to ch-aviation, the two aircraft are owned by Air Lease Corp (ALC) and will be delivered to Air Belgium on lease.
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Smartavia To Operate 40 Airbus A320neos By 2025

Simple Flying 18 Jun 2021
There are yet to be any official details of deals for financing, but the airline has reportedly signed with leasing companies for seven of the aircraft to be delivered in 2022 ... The 737s are leased until 2023 and will be retired from the fleet when their contract is up.
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Indonesia to decide whether to shut down or refinance national airline Garuda

Straits Times 18 Jun 2021
On a June 10 filing to the Indonesia Stock Exchange, he reported that Garuda returned two Boeing 737-800NG planes to a lessor and is in discussions with other companies to restructure leasing terms. It currently operates 142 aircraft ... ATR aircraft as well as Rolls-Royce engines.
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Garuda's future up in the air amid high debt, revenue slump

Straits Times 18 Jun 2021
In a June 10 filing to the Indonesia Stock Exchange, he reported that Garuda returned two Boeing 737-800NG planes to a lessor and is in discussions with other companies to restructure leasing terms. It currently operates 142 aircraft ... ATR aircraft as well as Rolls-Royce engines.
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What Happened To The Rolling Stones Boeing 737?

Simple Flying 17 Jun 2021
The Rolling Stones took their turn with 737-400 aircraft in 2014 and 2015 ... This was a 737-400 aircraft hired from Greek leasing company GainJet ... It remains in active leasing use with the company still ... This aircraft carries registration N802TJ and again remains in leasing use, now with leasing operator iAero Airways.
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Aircastle Delivers the First of Four A320neo Aircraft to Frontier Airlines

Finger Lakes Times 17 Jun 2021
All four aircraft will be ... Aircastle Limited acquires, leases, and sells commercial jet aircraft to airlines throughout the world. As of February 28, 2021, Aircastle owned and managed on behalf of its joint ventures 261 aircraft leased to 75 customers located in 43 countries.
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LATAM’s Fleet In 2021

Simple Flying 17 Jun 2021
According to ch-aviation, the airline currently has 286 aircraft, due to the impact of the COVID-19 pandemic, the lack of demand, and the many travel restrictions in South America ... At the end of 2019, LATAM had 320 passenger aircraft ... Like other carriers worldwide, it has simplified its fleet and rejected the leasing contracts of its older aircraft.
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Abu Dhabi's Royal Jet will expand fleet by summer - if COVID-19 travel restrictions go

Gulf News 17 Jun 2021
According to DiCastri, Royal Jet fits in the ‘premium private aviation sector,’ where “it’s not so much the corporate jets (or) smaller aircraft flying small groups ... “We have done some trips to and from India, Pakistan… where there are groups getting together and leasing an aircraft,” said DiCastri.
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How Do Turboprops Get Delivered To Far Away Customers?

Simple Flying 17 Jun 2021
Turboprop aircraft are used all over the world, yet most are manufactured in Europe or North America ... Getty Images Building and delivering aircraft ... Some aircraft, particularly smaller and simpler turboprops, may be shipped by land and sea ... Biman Bangladesh Airlines took on a new Dash 8 (to join its leased aircraft) in November 2020.
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Philippine Airlines parent reports record US$1.5b loss for 2020

Hong Kong Standard 17 Jun 2021
The parent company of Philippine Airlines booked a record 73 billion pesos (US$1.51 billion) loss in 2020, up seven fold from a year earlier, after the coronavirus pandemic lashed the global aviation sector ... The Standard Channel ... It has a fleet of 97 Boeing and Airbus aircraft, 81 of which are leased ...  . .
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