Seven of Merpati Nusantara Airline’s 737-300s may be withdrawn by the owners who leased the aircraft to the airline due to unpaid rentals of Rp. 50 billion (US$5.5 million). Aircastle has already repo...
Willis Lease Finance Corporation has reported a 66% year-over- year increase in first quarter net income and an 89% increase in net earnings applicable to common shareholders. Net income increased to ...
Air Lease Corporation (ALC) 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 ba...
Dublin based aircraft lessor, AWAS, has delivered a new Airbus A320-200 aircraft to Royal Jordanian. The placement is part of Royal Jordanian’s major fleet renewal programme, to offer its customers s...
Discovery Air Technical Services (DATS), a wholly owned subsidiary of Discovery Air, has received its Approved Maintenance Organisation (AMO) Certificate from Transport Canada for the CRJ100/200. ”We ...
Aircastle has 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. Ron Wainshal, Air...
Jackson Square Aviation has delivered the first of three Airbus A320-232 aircraft to Wizz Air (Hungary) under a long-term operating lease. “Wizz Air is an important customer in the high-growth region ...
In the first quarter of 2011 FLY Leasing operating lease revenue was $47.6 million, and net income was $2.8 million or $0.10 per share. At quarter end, all 60 aircraft were contracted for lease to 34...
ALAFCO Aviation Lease and Finance Company financial results for the first half of the current fiscal year ended March 31, 2011 show net profits rose five times to KD 25.4 million versus KD 5 million i...
Bahrain-based investment bank, Capital Management House (CMH), in partnership with Novus Aviation and Muzun Partner has acquired a Boeing 777-200ER airliner from Emirates Airlines. According to the te...
Jackson Square Aviation (JSA) has delivered the fourth Boeing 737-846 aircraft to Japan Airlines. The aircraft is on a long-term operating lease. The senior debt was provided by DVB Bank. "We are thri...
ALC’s IPO sold 30.3 million Class A shares, 5.3 million more than anticipated, at the midpoint of its $25-to-$28 price range. JP Morgan and Credit Suisse managed the offering. ALC has 46 commercial ai...
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