Griffin Global Asset Management (Griffin) and Bain Capital through their joint venture have agreed to purchase and lease-back ten Boeing 737-8 aircraft to Air India Express, a subsidiary airline of Air India. The first aircraft was delivered in November 2023 and the remaining nine are to be delivered throughout the remainder of the fourth quarter
Azul Linhas Aereas (Azul) has disclosed a firm order for four additional Airbus A330-900 aircraft from a purchase agreement signed in June 2023. With these aircraft, the airline will expand its fleet and international route offering. The A330neo is Airbus’ latest wide-body aircraft. Powered by latest-generation Rolls-Royce Trent 7000 engines, the A330-900 is capable of
Turkish Airlines, Türkiye’s national carrier, is set to significantly expand its fleet with a substantial order of 220 Airbus aircraft. This order comprises 150 popular Airbus A321s and 70 of the highly modern and efficient A350 wide-body aircraft, including 50 A350-900s, 15 A350-1000s, and five A350F freighters. This comes on the heels of two previous
Japan Airlines (JAL) has taken delivery of its first A350-1000 from Airbus’ delivery centre in Toulouse, France. The A350-1000 is set to become the airline’s new international aircraft, initially flying on the prestigious Tokyo Haneda – New York JFK route. JAL will be replacing its fleet of Boeing 777-300ERs with the new A350-1000 aircraft. The airlines’
Deutsche Aircraft has inked a Letter of Intent (LOI) with an undisclosed customer, marking a pivotal move towards acquiring up to four cutting-edge D328eco aircraft. This strategic agreement signifies a major achievement for Deutsche Aircraft, solidifying its foothold in the sub-50-seater category and underscoring the global demand for state-of-the-art regional aircraft. Renowned for its technological
TrueNoord, a prominent player in regional aircraft leasing, has announced its latest portfolio trade involving 11 aircraft with Nordic Aviation Capital (NAC). The diverse aircraft portfolio includes four Dash 8-400s, three E175s and four E190s, contributing to TrueNoord’s growing fleet of new and young in-production turboprop and regional jets, now totaling 87 aircraft. The transaction
Avolon, the international leasing powerhouse, is making significant strides in expanding its aircraft portfolio with recent firm orders for Boeing and Airbus aircraft. The Ireland-based lessor has inked a deal with Boeing to acquire an additional 40 737-8 airplanes, further augmenting its 737 MAX portfolio. This expansion, which includes both 737-8 and 737-10 variants, will
Australia’s regional airline, REX, has achieved a significant milestone as its domestic jet fleet expands to double digits with the recent delivery of its tenth Boeing 737. The newly acquired 737-800NG aircraft, registered as VH-8ZL, touched down in Brisbane after a ferry flight from Goodyear, Arizona, where it underwent scheduled heavy maintenance and painting prior
GE Aerospace reached a new milestone for a more sustainable future of flight with the completion of testing on its tenth engine model using 100% SAF since 2016, confirming the company and its joint ventures have one of the most expansive programmes for testing the alternative fuel in the industry. For example, in 2018, GE90
ANA Holdings (ANA HD) and Joby Aviation, pioneers in the development of all-electric aircraft for commercial passenger service, have joined forces with Nomura Real Estate Development Co. (NRE), one of Japan’s leading real estate developers. This strategic alliance aims to facilitate the establishment of take-off and landing infrastructure critical for the widespread adoption of electric
