Industry News

747-8 Freighter in flight testing

Jan 07, 2011 SEATTLE- The Boeing Co., whose new 747-8 jumbo-freighter has been delayed by a year and a half, lost a customer when Guggenheim Aviation Partners LLC canceled its remaining order for two of the jets because of delivery setbacks. “It’s very disappointing for us as ... Read more

CIT Orders 38 Next-Generation 737 Aircraft

Jan 04, 2011 NEW YORK and SEATTLE – CIT Group Inc. and Boeing today announced that CIT Aerospace placed an order for 38 Next-Generation 737 airplanes and purchase rights for seven additional 737s. The order, with deliveries into 2017, includes 15 737-900ERs (extended range) and 23 737-800s. ... Read more

Sahaab Aircraft Leasing

Dec 12, 2010 Kuwait - Jazeera Airways Group has increased the capital of its fully-owned leasing arm, Sahaab Aircraft Leasing, from USD 71 million to USD 103 million to take advantage of new market opportunities. Sahaab Aircraft Leasing was launched in October 2008 to acquire and lease high-utility commercial aircraft ... Read more

a WizzAir A320 owned by JSA

Dec 08, 2010 SAN FRANCISCO - Jackson Square Aviation, LLC ("JSA") has announced that it has closed a $400 million secured credit facility, which provides the company with committed long-term debt capacity.  JSA is one of the world's most active commercial aircraft lessors, and this facility provides the company ... Read more

Veuling Airlines A320

Nov 29, 2010 SYDNEY - Investec has added three narrow-body aircraft to its Investec Global Aircraft Fund (IGAF), bringing the portfolio to 10 aircraft and taking the total value past $600 million. The new aircraft are two Airbus A320-200s and one Boeing B737-700, acquired from GE Capital Aviation Services Limited.... Read more

Safair 737-400

Nov 19, 2010 DUBLIN - Aergo Capital and ASL Aviation signed a Share Purchase Agreement on Friday in Dublin whereby ASL Aviation will acquire from Aergo Capital three Irish based entities who's main interest is its investments in Safair Operations (Pty) Ltd, Safair Lease Finance (Pty) Ltd and three ATR72-500 aircraft. The ... Read more

China’s Kunpeng Airlines E190

Nov 17, 2010 São José dos Campos – Embraer and China’s AVIC International Leasing Co., Ltd. (AVIC Leasing), jointly announced the signing of a Memorandum of Understanding on aircraft financing and leasing during the press conference held today at the eighth China International Aviation & ... Read more

One of Royal Jordanian's eight Embraer aircraft

Nov 16, 2010 Fort Lauderdale – Jetscape announced the purchase of one (1) new Embraer E175 (MSN 17000316) aircraft from Embraer for lease to Royal Jordanian Airlines, Amman, Jordan.  This aircraft is the eight Embraer aircraft to join the Royal Jordanian fleet and the eleventh new Embraer E-Jet purchased ... Read more

flydubai 737-800 over Dubai

Nov 04, 2010 DUBAI - flydubai, Dubai’s first low cost airline, today announces sale and leaseback agreements on four Boeing 737-800 NG aircraft worth US$320m at list prices with aircraft leasing group Avolon. In addition to recently announced deals with GECAS and BBAM to finance nine aircraft, this ... Read more

Airbus A320 shown here with sharklets

Nov 03, 2010 TOULOUSE - BOC Aviation, the Singapore-based aircraft leasing subsidiary of Bank of China, has placed a new firm order with Airbus for the purchase of 30 A320 Family aircraft. Deliveries of the aircraft will take place over a three year period beginning in 2012. BOC Aviation will ... Read more

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