Reading Time: < 1 minute Air Europa Líneas Aéreas S.A.U. plans to add 15 aircraft to its fleet according to the long-term lease contract with AerCap Holdings N.V. The airline will lease 10 Boeing 737 MAX 8 and 5 Boeing 787-9 Dreamliners, receiving the deliveries in 2024-2026. Air Europa will become the first Spanish operator of the Boeing 737 MAX […]
Reading Time: < 1 minute Avolon, aircraft lessor, has announced that it is adjusting its orders to the current market needs. The company cancelled the order for 75 unplaced Boeing 737 MAX aircraft and rescheduled deliveries of 16 aircraft of the same time to start from 2024 or even later. Although Avolon cancelled its booking for 75 MAX jets, including […]
Reading Time: < 1 minute Financial problems at India’s Jet Airways has now resulted in 21 of its predominantly leased fleet of 119 aircraft grounded through payment default to leasing companies. This figure does not include aircraft which have been grounded for maintenance purposes. Abu Dhabi’s Etihad Airways holds a 24 percent stake in the beleaguered carrier. With an increasing […]
Reading Time: 2 minutes Lufthansa Group’s supervisory board has approved a €1 billion ($1.2 billion) investment to purchase and lease up to 61 aircraft for its LCC subsidiary Eurowings as the bidding process for parts of the insolvent airberlin continues. The funds will be used to acquire up to 41 Airbus A320 family aircraft and 20 Bombardier Dash 8 […]
Reading Time: < 1 minute Low-cost carrier (LCC) Wizz Air has reported a 31% rise in maintenance costs, to EUR 27m, for Q1 2017/18. The Budapest-based airline says most of the rise was due to a larger fleet, which increased by 13 aircraft from the year-before period. By 2020 it expects to operate 120 Airbus narrowbodies, including A320neos and A321neos, […]
Reading Time: 2 minutes Finland flag carrier Finnair has extended the lease on an Iberia Airbus A330 until May 31 because of A350 crew training delays. The A330 had been scheduled to leave the fleet Jan. 31. The oneworld carrier had planned to use the A330 on its 3X-weekly Miami route only from Jan. 10-31, but this 21-day lease […]