Industry News

Asiana Airlines A330-300

Jun 14, 2011 LOS ANGELES – Air Lease Corporation (ALC) announced on Monday that it has signed lease agreements for 25 additional aircraft. “ALC is focused on providing innovative fleet solutions for airlines around the world. We are proud to offer a young fleet of aircraft that maximizes operating ... Read more

Alitalia signed leases for 5 E175 & 5 E190

Jun 02, 2011 LOS ANGELES – Air Lease Corporation (ALC) announced Wednesday that it has signed lease agreements for 20 additional aircraft. “The placements of these aircraft allow us to expand the global footprint of our fleet. We continue to strengthen longstanding relationships with our airline partners along with ... Read more

JV to lease IAE V2500-A5 and GE CF34-10E

Jun 02, 2011 NOVATO, Calif. and DUBLIN, Ireland - Willis Lease Finance Corporation, announced today it has entered into a joint venture agreement with Mitsui & Co., Ltd. ("Mitsui", head office: Tokyo) to acquire and lease IAE V2500-A5 and General Electric CF34-10E jet engines.... Read more

Kenya Airways E190

Jun 01, 2011 Fort Lauderdale – Jetscape today announced the acquisition of a new Embraer E190-100IGW aircraft and delivery on lease to Kenya Airways, Nairobi, Kenya. This is the second new E190 leased by Jetscape to Kenya Airways. The first E190 was delivered December 2010.  Both aircraft ... Read more

BAE Asset Management sold to Fortress

May 27, 2011 NEW YORK - BAE Systems has sold its asset management business and commercial aircraft lease portfolio to New York management firm Fortress Investment Group for $187 million. The sale is expected to close in the third quarter of 2011, subject to regulatory approval. BAE Systems will transition ... Read more

KLM signed lease for new A330-300 from ALC

May 11, 2011 LOS ANGELES - Air Lease Corporation (ALC) announced on Monday that it has signed lease agreements for 10 additional twin-aisle aircraft. “These twin-aisle lease placements fit ALC’s growth plan which includes broadening our global customer base and fleet with a prudent, measured quantity of new or ... Read more

Ron Wainshal, Aircastle's CEO

May 05, 2011 STAMFORD, Conn.- Aircastle Limited ("Aircastle") reported first quarter 2011 net income of $42.7 million, or $0.54 per diluted common share, and adjusted net income of $32.9 million, or $0.41 per diluted common share. Commenting on the results, Ron Wainshal,... Read more

A320neo in ILFC colors

Apr 28, 2011 TOULOUSE - ILFC has signed a firm contract for the purchase of 100 A320neo Family aircraft. This follows the signing of a memorandum of understanding for the deal which was announced on March 8th 2011. ILFC confirms its selection of Pratt & Whitney engines for powering at least ... Read more

AerCap - 1st Qtr 2011 transactions

Apr 19, 2011 AMSTERDAM - AerCap Holdings N.V. announced the completion of the following transactions during the first quarter 2011: Signed letters of intent for nine aircraft, delivered eleven aircraft and 13 engines under lease agreements, purchased seven aircraft and seven engines, sold four aircraft and four ... Read more

aircraft-leasing industry veteran Steve Udvar-Hazy

Apr 04, 2011 LOS ANGELES - The new venture led by aircraft-leasing industry veteran Steve Udvar-Hazy on Monday announced plans to raise as much as $700 million from an initial public offering being closely-watched by the private equity and investment funds who poured cash into the sector last year. Udvar-Hazy's year-old Air ... Read more

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