DAE profit climbs over 30% in 2024
Dubai Aerospace Enterprise (DAE) profit for 2024 climbed 36.2% to $477.5 million. Revenues for the year were $1.3bn, up 8.7% compared to 2023. Lease revenues for the year were $1.2bn, compared to $1.1...
Dubai Aerospace Enterprise (DAE) profit for 2024 climbed 36.2% to $477.5 million. Revenues for the year were $1.3bn, up 8.7% compared to 2023. Lease revenues for the year were $1.2bn, compared to $1.1...
SMBC Aviation Capital has signed lease agreements with Thai Airways for eight A321neo aircraft.These aircraft are all from SMBC Aviation Capital’s direct orderbook with Airbus, with deliveries schedul...
AFG Aviation Ireland, a wholly owned subsidiary of Aircraft Finance Germany, has successfully completed the acquisition of one A320 aircraft from CAI, an affiliate of Cebu Pacific.The company also clo...
BOC Aviation ended 2024 with a total portfolio of 435 owned aircraft, raising total funding for the year of over $5bn.Steven Townend, chief executive officer and managing director of BOC, commented: “...
airBaltic and Latin American startup airline Sociedad Uruguaya de Aviacion (SUA) Líneas Aéreas have entered a new wet lease agreement.As part of this new partnership between the two airlines, airBalti...
Aviation Capital Group (ACG) delivered one 737 MAX 9 to United Airlines on January 27, 2025. The aircraft is powered by CFM International LEAP-1B engines. The delivery is the fourth aircraft scheduled...
Dubai Aerospace Enterprise (DAE) signed a definitive agreement with K2 Aviation to sell seven Airbus and Boeing aircraft on lease to six airline customers. The lessor also signed an agreement with K2 ...
Fitch Ratings has upgraded Castlelake Aviation on January 21, 2025, after the recent acquisition by Avolon was finalised last week.The ratings agency upgraded the company to BBB- from BB with a positi...
Philippine Airlines has not exercised the early termination option contained in the lease of one 777-300ER with Singapore lessor Avation. The early termination option has therefore expired. “Avation i...
Falko added nine aircraft to its portfolio in the fourth quarter of 2024 after acquiring Nordic Aviation Capital's (NAC) E-Jet portfolio. The company sold 12 aircraft in the quarter, including three E...
KlasJet, a private and corporate jet charter firm, has expanded its collaboration with El Al's subsidiary, Sun D’or , by leasing a fourth Boeing 737-800 aircraft, the company announced.The addition of...
Dublin based aircraft lessor Genesis has concluded a transaction with trading partner Carlyle Aviation for the acquisition of three “mature in-demand” Airbus aircraft.The aircraft include one A330-200...
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