Industry News

China Aircraft Leasing to aquire two Airbus aircraft

Apr 14, 2017 China Aircraft Leasing Group Holdings Ltd  said it would buy two Airbus aircraft from Airbus for an aggregate list price of $216.8 million (174.23 million pounds), to match customer demand under dynamic market conditions.The aircraft lessor's unit CALC (BVI) had agreed to buy two Airbus A320-200 ... Read more

ABC will Lease Two New 747-8 Freighters

Apr 06, 2017 Breakbulk carrier AirBridgeCargo Airlines has leased two new Boeing 747-8 freighter aircraft from Singaporean aviation firm BOC Aviation. BOC announced the purchase of the two new aircraft in parallel with the long-term leases to ABC. They will be used for long-haul breakbulk and general cargo transportation and join ... Read more

CityJet Confirms four Additional CRJ900 Aircraft

Mar 30, 2017 Bombardier Commercial Aircraft today announced that Dublin-based regional carrier, CityJet has exercised the four options that were part of a purchase agreement announced on February 1, 2017. That agreement included a firm order for six CRJ900 aircraft and options for four more. Upon delivery, the aircraft ... Read more

Fly Leasing plans $750 million investment in new aircraft

Mar 17, 2017 Global aircraft leasing firm Fly Leasing plans to invest $750 million in new aircraft this year as part of an ongoing renewal programme. The company made the announcement as it revealed its annual results for 2016, which showed a net loss of $29.1 million and ... Read more

Air Lease Announces Placement of 787 Dreamliner with Aeromexico

Mar 06, 2017 Air Lease Corporation announced a long term lease agreement with Aeromexico for one new Boeing 787-9 aircraft with General Electric engines. The aircraft is from ALC’s order book with Boeing and is scheduled for delivery in June 2018.   "When ALC began in 2010, Aeromexico was our first customer in Latin America. This will be our second new 787-9 on lease to the airline, the first 787-9 delivered in November 2016. The aircraft will be flown primarily on flights between Mexico and Europe and to Asia, replacing a 777-200 being returned to another lessor," said Steven F. Udvar-Hazy,... Read more

BOC Aviation renews aircraft leasing scheme

Mar 02, 2017 BOC Aviation Limited is pleased to announce that it has successfully renewed its Aircraft Leasing Scheme (the “ALS”) for a five-year period to June 2022. The company’s current ALS will expire in June 2017.   The ALS is an incentive scheme under which ... Read more

SKY Leasing Completes Successful Launch Year

Feb 22, 2017 In 2016, SKY Leasing, a full-service aircraft leasing company headquartered in Dublin, Ireland, originated an initial portfolio of 18 aircraft with an appraised value of approximately $1.0 billion, diversified globally across 14 different lessees including Aeroméxico, China Airlines, Ethiopian Airlines, Hawaiian ... Read more

Air India leases first A320neo

Feb 17, 2017 In an agreement with Aviation Lease and Finance Company, Air india has just leased its first Airbus A320neo. With India currently being the fastest growing commercial aviation market (according to Forbes), its no surprise that this aircraft is just one of fourteen that Air India plans to lease.... Read more

China’s Loong Air Leasing 20 Narrowbody Aircraft

Feb 09, 2017 Chinese carrier Loong Air has agreed to acquire 20 aircraft from Irish lessor AerCap. The aircraft type was not specified, but Loong Air is currently an all-narrowbody operation, with 17 Airbus A320s and three Boeing 737-300 freighters. It also has A320ceos and A320neos on ... Read more

Aviation Capital Group Announces Lease Agreement with LOT Polish Airlines

Jan 31, 2017 Aviation Capital Group Corp., announced today that it has signed long-term lease agreements with LOT Polish Airlines for three new B787-9s. These aircraft are from ACG’s order book commitment with Boeing. The first aircraft is expected to be delivered in March 2018.  "ACG is delighted to be partnering with LOT Polish Airlines, one of the premier international airlines in Europe, by providing three widebody aircraft to facilitate their fleet expansion plans," ... Read more

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