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Aircraft Leasing

ALC lease six A3210neoLRs to Air Arabia

ALC lease six A3210neoLRs to Air Arabia

Air Lease Corporation (ALC) has agreed to lease six Airbus A321neoLRs to Air Arabia. The aircraft will come from ALC’s existing Airbus orderbook. The first aircraft is due to join the Sharjah-based fleet of Air Arabia in 2019, allowing the

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AerCap leases six 787-9s to EGYPTAIR

AerCap leases six 787-9s to EGYPTAIR

AerCap has agreed to lease six Boeing 787-9s to EGYPTAIR. The aircraft will come from AerCap’s existing orders with Boeing. The airline will lease the aircraft as part of its fleet modernisation programme, as well for future growth. “The 787

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CDB Aviation confirms 90 aircraft A320neo family order

CDB Aviation confirms 90 aircraft A320neo family order

CDB Aviation has firmed up previous commitments for 90 Airbus A320neo family aircraft. The original orders were placed in two batches. The first was a 2014 commitment for 45 A320neo family, which was entered into the Airbus order book as

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ALAFCO firms up 20 737 MAX 8s

ALAFCO firms up 20 737 MAX 8s

ALAFCO has doubled its 737 MAX 8 commitments with Boeing to 40 aircraft, after finalising a further order for 20 aircraft. The 20 new aircraft were originally announced as a commitment during the 2017 Paris Air Show, but finalised in

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SMBC bolsters cash with $1 billion investment

SMBC bolsters cash with $1 billion investment

The backers behind SMBC Aviation Capital are injecting a further $1 billion into the company, as it prepares to place further aircraft orders. SMBC’s shareholders, Sumitomo Mitsui Financial Group (SMFG) and Sumitomo Corporation, will complete the funding by the end

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DAE completes AWAS acquisition

DAE completes AWAS acquisition

Dubai Aerospace Enterprise (DAE) is now one of the largest lessors in the world after completing its acquisition of Irish lessor AWAS yesterday. The move will bring the Dubai lessor’s total fleet to 400 aircraft, valued at more than $14

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Air Astana gets five E190-E2s from Aercap

Air Astana gets five E190-E2s from Aercap

Kazakhstan’s flag carrier Air Astana has signed a long-term lease with Aercap for five Embraer E190-E2s. The aircraft are expected to be delivered in 2018. The airline has leased the aircraft portfolio to replace its ageing last-generation E190 fleet, which

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ALC places five aircraft with TAP

ALC places five aircraft with TAP

Air Lease Corporation has placed four Airbus A330-900neos and one new A320-200neo with TAP Portugal. The five aircraft are from ALCs order book and are scheduled for delivery between Q4 2018 and Q3 2019. The A330neo are fitted with Rolls-Royce

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Chorus to acquire two E190s

Chorus to acquire two E190s

Chorus Aviation Capital has agreed to acquire two Embraer 190s currently on lease to Aeromexico Connect. The acquisition is set to close in the third quarter. Following the closing, this will be the second and third aircraft Chorus will have

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AeroCentury purchases three E175s, extends RCF

AeroCentury purchases three E175s, extends RCF

Californian lessor and financier AeroCentury has purchased three Embraer 175s and extended its existing credit facility to $170 million. The three aircraft are currently on lease to an unnamed US regional carrier. Michael G. Magnusson, CEO, said: “This recent acquisition,

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