BOC Aviation has reached an agreement to acquire six new Airbus aircraft, consisting of four Airbus A321neo and two Airbus A320neo planes. These aircraft will be leased to Condor Flugdienst GmbH, a German leisure airline, under long-term lease arrangements, with expected delivery dates in 2027 and 2028. Steven Townend, Deputy Managing Director and Chief Financial
Falko Regional Aircraft Limited (Falko), has acquired one ATR 72-500 aircraft on lease to regional carrier, Blue Islands. The aircraft bearing MSN 884 was purchased from Aergo Capital Limited (Aergo) who managed the sale on behalf of the owner. Karl Trowbridge, Head of Asset Management at Aergo commented: “We are thrilled to see the successful
Sunclass Airlines , the Danish leisure airline, has received its inaugural Airbus A321neo aircraft from the Airbus facility in Hamburg, Germany. This acquisition aligns with Sunclass Airlines’ strategic commitment to advancing operational efficiency while concurrently reducing fuel consumption and emissions. By incorporating the A321neo into its fleet alongside the A330neo, Sunclass Airlines is transitioning into
LATAM group (LATAM) has announced an order for five more Boeing 787 Dreamliners to continue advancing its commitment to be more efficient and sustainable. The purchase ranks the South American airline group as the largest operators of Dreamliners in Latin America. With this order, together with the already scheduled deliveries of this model in the
Swedish hybrid-electric airplane maker Heart Aerospace and U.S. charter carrier JSX have signed a Letter of Intent (LOI) for the purchase of 50 of the Swedish company’s regional ES-30 airplanes, with an option for an additional 50. JSX, which was launched in 2016, is now the biggest public charter carrier in the U.S., operating point-to-point
easyJet has confirmed a firm order for 157 additional A320neo-family aircraft following shareholder approval. The firm order comprises 56 A320neo and 101 A321neo aircraft and also includes the upsizing of an existing order for 35 A320neos into the larger A321neo. The agreement is part of easyJet’s fleet renewal and up-gauging plan and is also bringing
Boeing and the Lufthansa Group have announced a landmark 737 MAX order for up to 100 jets that will see Europe’s largest airline group restore the Boeing 737 family into its fleet. The commitment includes a firm order for 40 737-8 airplanes with 60 options. “It is a good strategic decision for the Lufthansa Group
In November 2023 Finnair executed a rights issue of €570 million. Thanks to the strengthened balance sheet and cash funds resulting from the rights issue, Finnair has now purchased six previously leased A321 aircraft from BOC Aviation. Finnair will spend in excess of €200 million on the transaction and its positive impact on both profit
IBA, a leading aviation market intelligence and consultancy company, has released an overview of OEM performance in 2023. It shows that, while some OEMs will reach their targets, others are set to fall short due to quality issues and production setbacks. Dr Stuart Hatcher, IBA’s Chief Economist and ISTAT Certified Senior Appraiser, used IBA
Air Corsica, Corsica’s leading air transport operator and ATR have confirmed a firm order for two ATR 72-600 aircraft placed initially at the Paris Air Show. Air Corsica has completed the full transition of its fleet of ATR-500 series to the latest generation of turboprop aircraft, demonstrating its commitment to operational excellence, regional connectivity and
