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 […]

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 […]

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 […]