Industry News

Latin America

Nov 16, 2015 Boeing projects the Latin American commercial aviation market will grow at one of the highest rates in the world over the next 20 years. As a result, Boeing forecasts the region's airlines will need 3,050 new airplanes valued at $350 billion.  "The economies of Latin America and the Caribbean will grow faster than the rest of the world over the long term," said Van Rex ... Read more


Nov 04, 2015 FLY Leasing Limited (“FLY”), a global leader in aircraft leasing, today announced that it has acquired a new Boeing 777-200LRF aircraft in a sale and 12-year leaseback transaction with a leading flag carrier. “This is our second B777-200LRF acquisition in the past month as ... Read more


Apr 07, 2015 CIT Group Inc., a global leader in transportation finance has placed a firm order for five more A321ceo aircraft, in effect doubling its most recent commitment for five A321ceo’s signed at the 2014 Farnborough International Airshow and firmed up in November 2014.  This latest ... Read more

Virgin Atlantic 787-9

Mar 27, 2015 DUBLIN, Ireland - International aircraft lessor Avolon announces today the delivery of its first Boeing 787-9 to Virgin Atlantic. Today’s delivery is the first of four B787-9 aircraft scheduled for delivery to Virgin Atlantic by Avolon. Dómhnal Slattery, Chief Executive Officer, Avolon commented:... Read more

A321neo 97t will have 4,000nm range

Jan 13, 2015 Toulouse, France - Airbus has officially launched the A321neo with 97 tonnes Maximum Take Off Weight (MTOW) having secured the first commitment from Air Lease Corporation (ALC). The Los Angeles based lessor signed a Memorandum of Understanding (MoU) for 30 more A321neo, upsizing its commitments at the ... Read more

CIT orders 15 A330-900neo

Dec 03, 2014 New York, NY - CIT Group has firmed up its order for 15 A330-900neo aircraft and five A321ceo aircraft. CIT became one of the launch customers of the A330neo after signing its initial agreement in July 2014, at the Farnborough International Airshow.  “Given our ... Read more

Thai Airways B777

Nov 19, 2014 Stamford, Connecticut. Intrepid Aviation has reportedly filed for an initial public offering of common stock with U.S. regulators.  As of June 13, 2014, the company owned 16 aircraft planes leased to 12 airlines, including Alitalia (A330), Sichuan Airlines (A330), ... Read more

New aircraft leasing joint venture

Nov 05, 2014 Hong Kong / Tokyo - Mitsubishi Corporation (“MC”), through its 100% subsidiary MC Aviation Partners (“MCAP”), has entered into an agreement with Cheung Kong (Holdings) Limited (“CK”) to newly establish a joint venture (“JV”) dedicated to aircraft leasing.  ... Read more


Jul 18, 2014 Hong Kong Aviation Capital orders 70 A320neo Family aircraft -  Hong Kong Aviation Capital (HKAC), a fast growing aircraft leasing company based in Hong Kong, has signed a firm order with Airbus for a total of 70 A320neo Family aircraft (40 A320neo and 30 A321neo) Hong ... Read more


May 29, 2014 Boeing and Air Lease Corporation (ALC) celebrated the direct delivery of the first of 15 777-300ERs (Extended Range) from its existing order pipeline with the manufacturer. This 777-300ER, the eighth 777 in ALC's fleet, is one of two delivering to British Airways on long-term lease from the lessor.... Read more

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