AerCap has announced its major business transactions for the full year and fourth quarter of 2023: In the full year of 2023, the company signed 592 lease agreements, completed 173 purchases and executed 188 sale transactions. They also received approximately US$1.3 billion in cash insurance settlement proceeds. AerCap repurchased around 44 million shares at an
Envoy has announced the addition of 19 Embraer large regional jets to its fleet, comprising eight Embraer 175 and eleven Embraer 170 aircraft, with deliveries commencing later this year. This announcement complements Envoy’s fleet expansion throughout 2023, which included six E175s in March, seven E175s and five E170s in June and four E175s in October.
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
