Tag: leasing business

Locatory.com Will Invest $10M to Engine Stands Leasing Business

Reading Time: < 1 minute Locatory.com, an aviation IT company primarily acting as an aircraft parts locator, a part of Avia Solutions Group, has announced about their investment in a new business. The company is spreading its services portfolio and has started the leasing of aircraft engine stands globally. It is planned that in five upcoming years Locatory.com will invest […]

Air Asia Exits Leasing Business with Sale of 182 Airbus Jets

Reading Time: 2 minutes Air Asia is to sell its plane leasing operations to firms managed by BBAM Ltd. and which will see the sale of an impressive 182 Airbus jets. The initial part of the deal with one of the world’s largest aircraft portfolio managers is valued at US$1.2 billion and will assist AirAsia, the region’s largest budget […]