Reading Time: < 1 minute BOC Aviation, a Singapore-based airplane lessor, continues to grow its fleet. Currently, 99% of its owned fleet is leased out. Currently, only nine out of 420 company’s aircraft are not leased. In total, it has over 100 Airbus A320ceos, over 80 A320neos, close to 20 A330s – current engine and new engine options, as well […]
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: 3 minutes As market competition intensifies, more often airlines are striving to increase their efficiency while reducing numerous risks related to business operations. In result ACMI providers such as Latvian-based SmartLynx Airlines (SmartLynx) are becoming a solution for other aviation companies. This trend has made SmartLynx the largest ACMI provider in Europe. Aleksandrs Gusevs, Board Member of […]
Reading Time: < 1 minute An aircraft leasing company BOC Aviation has placed an order for 20 additional Airbus A320neo aircraft. Up to 12 out the 20 booked have been committed for lease to Bogota-based Avianca. “This addition of 20 new Airbus A320NEO aircraft reflects our disciplined investment strategy of building our portfolio with popular and in-demand new technology aircraft […]
Reading Time: < 1 minute AviaAM Leasing, one of the most efficient aircraft leasing and trading companies around the globe, earned EUR 49.3 million revenues (including net gain on sale of aircraft) and posted a record net profit of EUR 29.1 million for the year ended 31 December 2018. The net profit grew by 9% as compared to 2017 (EUR […]
Reading Time: < 1 minute A crisis-hit Jet Airways, a major Indian international airline, denies grounding its aircraft and cancelling some of its flights due to financial problems with aircraft lessors. Jet Airways confirmed to Aviation Voice that the ongoing minor disruption in its network operations due to cancellation of a few of its flights is of a temporary nature. According to […]
Reading Time: 4 minutes 2019 kicked off with a $1bn investment of a US private equity giant KKR into the passenger and freight aircraft leasing business. The deal reflects the ever-growing interest of investment entities towards commercial aviation which is expected to generate $35.5bn of profits for aircraft lessees, the airlines, alone. But with an almost decade-long queue for […]
Reading Time: 2 minutes Boeing dominated November’s new order tally, booking 159 commercial aircraft by six customers, valued at approximately $21 billion at list prices. Boeing’s November sales included major orders by Ireland-based subsidiaries of two Chinese aircraft leasing companies. CDB Aviation, a wholly owned Dublin-based subsidiary of China Developmental Bank Financial Leasing Co. (CDB Leasing), firmed an order […]
Reading Time: 2 minutes Boeing and Avolon, the international aircraft leasing company, today finalized an order for 75 737 MAX airplanes. The confirmed order is for 55 MAX 8s and 20 MAX 10s, with options for 20 additional MAX 8s. The agreement, announced as a memorandum of understanding at the 2017 Paris Air Show, is valued at nearly $11 […]
Reading Time: < 1 minute China’s voracious appetite for new aircraft has caused Boeing to raise its long-term demand forecast for the country. The U.S. manufacturer predicts that China will require 7,240 new aircraft through 2036, comprised of 5,420 narrowbodies, 1,490 widebodies, 180 freighters and 150 regional aircraft. The total is 6.3% higher than 2016’s 20-year forecast. “China’s continuous economic […]