8 July 2021

AerCap leased, purchased, and sold 78 aircraft in second quarter of 2021

AerCap Holdings (AerCap) has announced its major business transactions during the second quarter 2021: AerCap signed lease agreements for 51 aircraft, including 13 wide-body aircraft and 38 narrow-body aircraft. The company purchased 15 aircraft, including ten Airbus A320neo-family aircraft, four Boeing 737 MAX aircraft and one Embraer E2 aircraft. AerCap executed sale transactions for 12 …

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GA Telesis signs repair management agreement with Air Astana

GA Telesis, LLC (GAT) has announced the signing of a repair management agreement with Air Astana, the flag carrier of Kazakhstan. The agreement covers repair services for spare parts, components, and tooling in support of the Air Astana fleet, which encompasses Boeing 767, Airbus A320/A321, and Embraer E-190 aircraft types. The agreement is a supplemental …

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Blueberry Aviation expands team with appointment of Toshiyuki Takada

Blueberry Aviation, the specialist aircraft trading and management company, has further expanded its team with the appointment of Toshiyuki Takada as Senior Consultant Japan, based in Tokyo. Toshiyuki has over 30 years’ experience in commercial aircraft finance, leasing, and trading. He worked for NatWest for eight years and spent the following 25 years working for …

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MTU Maintenance Hannover delivers facility’s 9,000th engine to Saudi Aramco

MTU Maintenance, a global market leader in customized solutions for aero engines, has delivered the facility’s 9,000th engine, a CFM56-7B from the Saudi Aramco fleet. Saudi Aramco is the largest listed, state-owned petroleum and natural gas company based in Saudi Arabia. The company has been sending CFM56 engines to MTU Maintenance since 2004 and relies on …

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Dubai Aerospace Enterprise (DAE)

DAE Capital signs agreements to sell nine narrow- and wide-body aircraft

Dubai Aerospace Enterprise’s leasing division DAE Capital has signed agreements to sell nine narrow- and wide-body aircraft with a total market value of approximately US$500 million. The aircraft sales are all expected to close in 2021. Firoz Tarapore, Chief Executive Officer of DAE commented “The post-pandemic market for trading aircraft assets is robust. These transactions …

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