Reading Time: < 1 minute The European Union has officially given its approval for AerCap’s merger with GECAS. The transaction marks part of an ongoing consolidation in the leasing market in the wake of Covid-19. “The transaction is therefore unlikely to give rise to serious competition concerns in the markets for aircraft and aircraft engine leasing,” European Commission said. The […]
Reading Time: < 1 minute Yet another milestone in a sustainable future of aviation. Airbus has begun aircraft deliveries by doing sustainable aviation fuel (SAF) flights to customers location from its Hamburg, Germany, site. The first delivery of this kind has already took place. Airbus handed over two brand new A321LR on lease from AerCap to Air Transat using a […]
Reading Time: < 1 minute AerCap Holdings has reported its major business transactions during the third quarter 2018. The company has signed lease agreements for 62 aircraft, including 9 widebody aircraft and 53 narrowbody aircraft and purchased 12 aircraft, including 6 Airbus A320neo Family aircraft, 2 Airbus A350s, 2 Boeing 737 MAX 8s and 2 Boeing 787-9s. AerCap executed sale […]
Reading Time: < 1 minute AerCap has announced its major business transactions during the first quarter 2018. The Company signed lease agreements for 83 aircraft, including 15 widebody aircraft and 68 narrowbody aircraft. AerCap purchased 7 aircraft, including 2 Airbus A320neo Family aircraft, 2 Airbus A350s and 3 Boeing 787-9s and executed sale transactions for 24 aircraft, including 11 Airbus […]
Reading Time: < 1 minute Irish-headquartered lessor AerCap has exercised options on 50 Airbus A320neo family aircraft, with deliveries starting from 2022. This latest commitment takes AerCap to a total of 270 A320neo family aircraft, owned and on order. “As the largest lessor of the A320neo family aircraft, we have already placed three quarters of our A320neo family aircraft from […]
Reading Time: < 1 minute Air Mauritius has taken delivery of its first Airbus A350-900 aircraft, opening a new chapter for the Indian Ocean carrier. The aircraft, leased from AerCap, was delivered during a ceremony held in Mauritius. The Mauritian based airline has chosen a very comfortable two class layout with a total of 326 seats comprising 28 in Business […]
Reading Time: 2 minutes Rolls-Royce has announced the launch of LessorCare, which “addresses lessors’ needs for a simple and flexible service offering. It draws together a range of services under one comprehensive framework, while still allowing lessor customers the opportunity to adapt the level of service through the life of the engine.” Prior to rolling out the complete program […]
Reading Time: 2 minutes Istanbul-based Turkish Airlines reported a nine-month 2016 net loss of $463 million, reversed from a net profit of $877 million in the year-ago period. According to the report, revenues for the nine-month period decreased 6.1% to $7.6 billion; operating loss for the period was $154 million, reversed from an operating profit of $894 million last […]