Minneapolis, Minnesota-based global investment firm Castlelake is providing financing through its aviation lending programme to United Airlines secured on four 2020-vintage 787-9 Dreamliners with a value in excess of US$540 million. “We are pleased to partner with United, one of the world’s largest airlines, to provide them with tailored financing solutions to support their global […]
SAS AB has reached agreements with two additional lessors, Air Lease Corporation and Jackson Square Aviation, representing 13 aircraft in the aggregate, to amend the terms of existing aircraft and equipment lease agreements. With these agreements, SAS concludes its lessor negotiations as part of the chapter 11 process. In total, SAS has reached agreements with
SAS concludes lessor negotiations as part of chapter 11 process Read More »
Air Lease Corporation (ALC) has posted an update on aircraft investments, sales and significant financing activities occurring in the fourth quarter of 2022. As of December 31, 2022, ALC’s fleet was comprised of 417 owned aircraft and 85 managed aircraft, with 398 new aircraft on order from Boeing and Airbus set to deliver through 2028.
Air Lease Corporation reports activity update for fourth quarter of 2022 Read More »
Having grounded the Boeing 737 MAX 8 in 2019 after fatal crashes in 2018 and 2019, the Chinese government has finally lifted its restrictions on the aircraft and a Boeing 737 MAX 8 took off from Guangzhou for a flight to Zhengzhou this Friday, January 13, based on information obtained from Flightradar24. Operated by China
First Boeing 737 MAX 8 takes to the skies in China since 2019 Read More »
Blueberry Aviation has added Jon O’Connell to its commercial aircraft team as Commercial Director Asia-Pacific. O’Connell has over 30 years’ experience in aircraft leasing, trading, finance, marketing, technical evaluation and management and has worked in senior leadership positions for airlines, aircraft manufacturers and leasing companies in various global locations during his extensive, international career in
Jon O’Connell joins Blueberry Aviation’s team Read More »
The latest preliminary figures from WorldACD Market Data indicate that, consistent with a continued softening of market conditions, global air cargo tonnages has shown no signs yet of a post-holiday-season recovery, whereas last year there was already an upswing by the end of the first week of the year. Figures for week one (January 2-8th)
easyJet, Flughafengesellschaft Berlin Brandenburg (FBB) and the Brandenburg state government have celebrated the opening of the easyJet maintenance hangar at Berlin Brandenburg Willy Brandt Airport (BER). The new hangar, which started construction in September 2021, will provide easyJet with the capacity needed to ensure it can operate in the most efficient, safe and competitive way.
easyJet opens first continental European maintenance hangar at BER airport Read More »
Parker Meggitt, a business segment of Parker Hannifin Corporation, a global leader in motion and control technologies, has announced a partnership with Airbus to develop an energy buffer (eBuffer) in support of the ZEROe aircraft demonstrator. Parker Meggitt is working with Airbus to build energy storage equipment that will support electric propulsion. The eBuffer will
Parker Meggitt and Airbus team up to develop eBuffer in support of ZEROe demonstrator Read More »
