AerCap has reported a net income of $604 million for the first quarter of the year and an earnings per of share of $3.02, up from $432 million, or $1.79 year-on-year (YoY). Its adjusted net income was...
Dubai Aerospace Enterprise (DAE) reported a total revenue of $343.6 million for the first quarter of 2024, up 9% from 2023's first quarter result of $315.2 million. It reported a profit of $67.8 milli...
The aviation leasing industry’s total contribution to Ireland’s economy is US$975 million (€897 million) supporting 8,543 jobs, according to the latest Taking flight 2023 report from PwC.The PwC repor...
Flyr, a Norwegian airline, filed for bankruptcy on 1 February 2023 after failing to raise NOK330m (US$31m) to pay for EU ETS charges that fall due on 30 April 2023. Given the airline’s exposure to pot...
Willis Lease Finance Corporation (WLFC) has closed its third engine-backed Japanese operating lease with call option (JOLCO), a $21 million financing with a 5.0% interest loan maturing in March 2033 o...
Airline Economics Growth Frontiers India was held against the backdrop of a jumbo order of 470 aircraft from the revitalised Air India. The conference was abuzz with the discussions of the record orde...
2022 saw a gradual return of Japanese operating leases (JOLs) and Japanese operating leases with call options (JOLCOs) in the aviation sector. These products are essentially used to deploy Japanese eq...
The global pandemic significantly impacted appetite for aircraft Japanese Operating Leases (JOLs) and Japanese Operating Leases with Call Options (JOLCO) due to the ensuing restructuring and insolvenc...
ACIA Aero Leasing has delivered the first of two ATR 72-500 freighter aircraft to Thailand's newest airline, Pattaya Airways. ""We continue to see strong demand for the ATR 72 freighter and are loo...
Air Lease Corporation (ALC) has frequently graced these pages with tales of the latest financing innovation (who could forget the now infamous Thunderbolt ABS magazine cover). The small but brilliant ...
The US Department of Transportation (DOT) has reminded air passengers that from April 30, Southwest Airlines customers must compensate them with a transferrable voucher worth at least $75 for any cont...
Manufacturer delivery delays are continuing to push up demand for leased aircraft, especially ahead of the busy summer season and leasing companies are reaping the benefits. Dublin-based aircraft less...
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