Clicky

Industry News

Spring Airlines A320

Jun 28, 2010 SHANGHAI - Chinese airlines have started to look for domestic Chinese aircraft leasing firms, a break with the past when they would only lease from foreign companies. Spring Airlines, a Shanghai-based private budget airline, recently inked an agreement to lease two A320-200 airplanes from BOC Aviation,... Read more

Airbus A330-200 Freighter

Jun 11, 2010 STAMFORD, Conn. - Aircastle Limited announced today that it received approvals from the European Export Credit Agencies ("ECAs") to support up to $530 million of debt financing for seven new Airbus A330 aircraft, subject to customary terms and conditions.  More specifically, these approvals pertain ... Read more

747-400 needed for Hajj Operation

Jun 06, 2010 DHAKA, Bangladesh - The Bangladeshi state-run Biman has invited tender for a Boeing 747 aircraft on wet-lease for its hajj operation this year. With only three months in hand for the procurement, the Bangladeshi national flag carrier issued a tender notice on May 25, asking for ... Read more

Brazilian bankruptcy decisions towards a more balanced approach

Jun 06, 2010 Sao Paulo, Brazil - In 2006 and 2009 two cases produced precedents that posed a threat to the voting rights of aircraft lessors in Brazilian bankruptcy restructuring proceedings, which are termed 'judicial recuperation' proceedings. However, a recent decision by a Sao Paulo bankruptcy court and the initial ... Read more

AerCap sold six A320 to Avalon

May 26, 2010 DUBLIN - Avolon announced that it has agreed to acquire six A320 aircraft from AerCap, a Dutch aircraft leasing company. Avolon has also formed a joint venture (‘JV’) with AerCap to acquire three A330-200 aircraft. •Acquisition of six A320s Avolon is acquiring six ... Read more

Dómhnal Slattery, CEO

May 23, 2010 DUBLIN & NEW YORK & HONG KONG & SHANGHAI - Avolon, the aircraft leasing group, announced it has successfully completed its initial capital raise of US$1.4 billion including an equity commitment of US$750 million from three of the world’s leading private equity firms. ... Read more

Paul Masson, CEO of GMT Global

May 18, 2010 DUBLIN, Ireland and AURORA, CO - GMT Global Republic Aviation (GMT Global), a wholly owned subsidiary of Republic Financial Corporation, has announced the additions and promotions of corporate personnel as it prepares for improved commercial aviation market conditions.   "Our carrier customers are reporting improved traffic results in the past two calendar quarters and we are seeing overall macroeconomic conditions recover," said Paul Mason,... Read more

Portfolio of 53 Aircraft bought for $2 billion

Apr 28, 2010 American International Group's aircraft leasing unit, International Lease Finance Corp., announced Wednesday that Australian financial services conglomerate Macquarie Group Ltd. had bought 53 of its aircraft for $1.99 billion. ILFC is one of the two largest aircraft leasing companies in the world; the ... Read more

Carlyle and RPK in Joint Venture

Apr 23, 2010 WASHINGTON - The Carlyle Group intends to invest $600m in a joint venture that will buy commercial aviation assets around the world in the latest sign of a gradual thaw in the battered aviation finance markets.     Carlyle, the private equity group, ... Read more

Alafco is based in Kuwait City

Apr 22, 2010 KUWAIT CITY - Alafco Aviation Lease and Finance Company reported a net profit $17.36m for the first half of its current fiscal year that ended 31 March 2010, a 57% increase compared to the same period last year. Operating profit rose 51% to $32.13m. The ... Read more

Aviation Directory
  • Search Company
Back to Top