Tag: aircraft leasing

Jet Airways Denies Grounding Aircraft Due to Lessors Demand

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 […]

How ROI Turns Into Lost Profit for Aircraft Investors

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 […]

Lessors Dominate Airbus, Boeing November Orders

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 […]

Boeing, Avolon Finalize Deal for 75 737 MAX Airplanes

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 […]

Chinese Lessors Must Tread Carefully With Local Demand

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 […]

Malaysian Airlines To Lease Eight Alitalia Jets

Reading Time: 1 minute Malaysian Airlines CEO Peter Bellew has told Reuters he is willing to lease jets from Italy’s troubled Alitalia. Alitalia entered administration proceedings last month after a restructuring bid, involving job and compensation cuts, by shareholder Etihad failed. Meanwhile Bellew has said he wants to lease either the carrier’s A330s, B777s or a combination in a […]

WOW Air Takes Delivery Of Its First A320neo

Reading Time: 1 minute WOW Air, the low-fare airline based in Iceland, has taken delivery of its first A320neo (TF-MAX • MSN 7560) on a lease from Air Lease Corporation. WOW Air is an all-Airbus operator with a dozen aircraft in its fleet to date. The order, announced last year includes five A320 Family Aircraft. Of these, three A321neo […]

The (Avoidable) Cost of Leasing

Reading Time: 2 minutes New research suggests that many airlines would improve profitability by leasing more aircraft. Sylvain Bourjade and Catherine Muller-Vibes of Toulouse Business School analysed 16 years of data from different types of carrier, and found that “the optimal leasing level… is significantly higher than the proportion of leased aircraft in the worldwide global fleets”. One area […]