Industry News

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

THAI Airways 777-300ER

Nov 03, 2010 SEATTLE - Boeing and leasing company BOC Aviation (owned by Bank Of China) announced an order for eight 777-300ERs (extended range) valued at approximately $2.2 billion at average list prices. BOC Aviation will lease the new airplanes to Thai Airways International (THAI), Thailand's flagship carrier. ... Read more

Klaus Heinemann - CEO of AerCap

Oct 25, 2010 AMSTERDAM - AerCap Holdings N.V. ("AerCap") announced that it has signed an agreement today with Abu Dhabi-based investment holding company Waha Capital PJSC ("Waha"), under which Waha will acquire approximately 29.8 million shares in AerCap in exchange for $105 million in cash, Waha's 50% interest in ... Read more

JAL 747-400 Freighter

Oct 19, 2010 STAMFORD - Aircastle Limited announced today that one of its affiliates has agreed to acquire two Boeing 747-400 production freighter aircraft.  The aircraft are currently being operated by Japan Airlines and are expected to deliver to Aircastle during the fourth quarter of 2010.  Aircastle has already secured ... Read more

Thai Airways 777

Oct 15, 2010 BANGKOK - The emergence of low-cost carriers in Asia Pacific and the recovery of the airline industry in countries like India and China are fuelling growth in the world's aircraft leasing business, says a global consulting group. A new analysis from Frost & Sullivan (FS) revealed that ... Read more

ILFC Reaches 150th Aircraft Lease Milestone

Oct 14, 2010 LOS ANGELES - International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, Inc., announced the recent lease placement of ten aircraft which brings the company's total lease placements year-to-date to 150. ILFC Chief Executive Officer, Henri Courpron commented, "I am very pleased with the performance of our marketing team in a recovering market. These 150 lease commitments represent a strong improvement over past years and in fact are a total well above the entire fleet count of most other leasing companies. Our placement success combined with our improving balance sheet provides ILFC real momentum and is a true testament to the capabilities and focus of the people of ILFC." ... Read more

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