Veling Ltd, a Mauritius-based aircraft leasing company, sold an ATR 72-212A to PT Pelita Air Service, a fully owned subsidiary of Pertamina (Indonesia State Oil and Gas Company), based in Jakarta, Ind...
Norwegian plans to wet lease two A340s from HiFly if the delivery of Norwegian's Boeing 787 fleet is delayed. The low-cost carrier plans to fly 787 services from Oslo to New York JFK from May 30 and O...
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced it will lease three Airbus A320 aircraft to Vueling Airlines to expand the low-cost car...
International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, has entered into an agreement with American Airlines (American) for the purchase and leasebac...
Air Lease Corporation (ALC) has ordered 10 777-300ERs (extended range) airplanes. The order, valued at $3.2 billion at current list prices, adds to the growing portfolio of long-haul airplanes for the...
Air Lease Corporation (ALC) has ordered 10 777-300ERs (extended range) airplanes. The order, valued at $3.2 billion at current list prices, adds to the growing portfolio of long-haul airplanes for the...
Buried in International Airlines Group’s annual report is the news that the group has informed its lenders that is has failed to meet one of the financial covenant on a finance lease for one A340-600,...
David Andrews has resigned from investment firm Pimco to start his own venture. Timelines are yet to be agreed but industry friends have been quick to wish him well. Greg Lee of Goldman Sachs says: “D...
Hong Kong Aviation Capital has acquired the second of three A330-200 aircraft today for lease to Hawaiian Airlines. “Our growing fleet of new A330s is enabling us to diversify and expand the Hawaiian...
Aircastle reported fourth quarter 2012 net income of $29.8 million – a drop of 16.3% compared to the same period last year. The change reflects higher net revenues of $19.7 million that was offset by ...
GE Capital Aviation Services Limited (GECAS) will lease three Airbus A319 aircraft to new customer Donavia, a subsidiary of Aeroflot. The aircraft will expand the airline’s fleet and are scheduled for...
AWAS has delivered the fourth of five planned Boeing 737-800 passenger aircraft to SpiceJet, the dynamic and successfully growing Low Cost Carrier in India. SpiceJet’s domestic share of market has rec...
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