Reading Time: < 1 minute SmartLynx Airlines, a Latvia-based wet lease operator, has just signed an agreement with SMBC Aviation Capital to lease two Boeing 737 MAX 8 aircraft, to meet growing demand from European and overseas markets. Zygimantas Surintas, SmartLynx Airlines CEO comments: “As SmartLynx Airlines continues to modernize its fleet, there’s no doubt that the Boeing 737 MAX […]
Reading Time: 2 minutes Just until recently wet leasing was considered a way to solve short term problems like seasonal volumes, maintenance checks, groundings, etc. Lately, though, long-term wet leasing from third parties has grown considerably in Europe. Aviation’s ACMI global market revenue is projected to reach over USD 7.07 B by 2025, the ACMI business model has become […]
Reading Time: 2 minutes In recent years, the aviation industry has developed rapidly and this is unlikely to end any time soon. The strong expansion can be seen across aviation, and particularly in passenger traffic. Growth is accelerating too: according to Eurostat, EU-28 passenger traffic rose by around 4% in 2012 and this increased to 5.8% in 2016. Factors […]
Reading Time: < 1 minute The first Airbus A320 of airberlin in the Austrian Airlines livery took off with the flight number OS 779 for its initial scheduled flight from Vienna to Skopje. The jet with the registration D-ABZA is the first of five Airbus A320 to be operated for Austrian Airlines by airberlin including airberlin crew within the context […]
Reading Time: < 1 minute On 3 March 2017 SmartLynx Airlines Ltd. signed an ACMI wet lease agreement with easyJet Airline Company Ltd. According to it SmartLynx leases to easyJet one aircraft Airbus A320, MSN 662 with Latvian Registration Mark YL-LCN. The lease term for this aircraft is determined from 1 April till 28 October 2017. Aircraft will operate form […]
Reading Time: 2 minutes SmartLynx Airlines signed ACMI wet lease agreement with Thomas Cook Airlines. According to it SmartLynx leases to Thomas Cook Airlines two aircrafts A320, MSN 533 and MSN 1873 with Latvian Registration Marks YL-LCL and YL-LCO respectively. Aircraft YL-LCL will operate from base in Birmingham International Airport (BHX), England, and YL-LCO – from base in London […]
Reading Time: 2 minutes German authorities have cleared Lufthansa to wet lease 38 Airbus A319/320s from airberlin, according to a Bundeskartellamt statement Jan. 30. Under the wet-lease agreement, airberlin will lease the aircraft—which are stationed at German and Austrian airports—to Lufthansa and its subsidiaries Eurowings and Austrian Airlines. Eurowings will take 33 of the aircraft, enabling it to phase […]
Reading Time: < 1 minute Austrian Airlines is launching a wet lease agreement with SunExpress Deutschland. • Objective: cover peak capacity requirements The objective of this cooperation is to cover peak capacity requirements, above all in the particularly dense summer flight schedule. A Boeing 737-800 aircraft along with the cockpit and cabin crew of SunExpress Deutschland will be deployed in […]