Avolon, the international aircraft leasing company, has publishes its World Fleet Forecast – Return to Growth – projecting trends in the commercial passenger aviation fleet out to 2042. It forecasts the fleet will almost double by 2042, growing 94% to 46,880 aircraft, underpinned by sustained growth in demand for air travel, building on the rapid recovery
Indian budget carrier Spicejet has announced it is expanding its aircraft fleet with the addition of ten new aircraft. The addition will enable the carrier to better cope with surging post-COVID-19 demand and the peak travel season in India. The new aircraft will include five Boeing 737 MAX aircraft between September and October this year.
Following a successful short-term agreement, KlasJet, a private and corporate jet charter company, and an ACMI service provider, has entered into a year-long contract with FlyEgypt, an Egyptian low-cost and charter airline, for wet-lease services. This partnership involves the leasing of a Boeing aircraft, which will be based at Hurghada International Airport and will operate
Boeing can now add Papua New Guinea’s flag-carrying airline, Air Niugini to its list of over 85 customers for its 787-8 Dreamliner. The Pacific Island carrier has announced it is to purchase two of the long-haul aircraft in a bid to grow its network across Asia and Australasia. Air Niugini will now be able to
Abu Dhabi Investment Office (ADIO) is leading the collaboration with Mark AB Capital Investment, a UAE-based private equity company, and SuperJet International (SJI), an Italian aviation company based in Venice, Italy, to support the development of the civil aviation industry in the UAE by establishing a state-of-the-art facility in Al Ain, Abu Dhabi and transferring
Elbe Flugzeugwerke GmbH (EFW) has redelivered the 50th passenger-to-freighter (P2F) converted aircraft of its new-generation Airbus P2F-family programme. The P2F aircraft, an A330-300P2F, was redelivered from EFW’s facility in Dresden to A330P2F launch customer DHL and is scheduled to join the DHL freighter fleet in Asia. EFW is a centre of excellence for Airbus P2F
CDB Aviation, an Irish subsidiary wholly owned by China Development Bank Financial Leasing (CDB Leasing), has signed lease agreements with South Korea’s T’way Air (T’way) for two brand-new Boeing 737 MAX 8 aircraft. The two aircraft, which will be delivered from CDB Aviation’s orderbook with Boeing, are expected to be received by T’way Air between
Boeing has announced the delivery of one 767-300 Freighter to Air Tanzania. The plane, which arrived at Air Tanzania’s Dar es Salaam hub is both the first 767-300 Freighter for the African carrier, while also the first to be delivered to the continent of Africa. “We are thrilled to welcome the 767-300 Boeing Freighter to
Falko Regional Aircraft (Falko) has released that on behalf of its investors, it has taken delivery of its fifth Embraer E195-E2. The aircraft is the final delivery in a five aircraft sale and leaseback transaction with Porter Airlines. “We are delighted to conclude this transaction with Porter, a new customer to Falko Regional Aircraft, as
LATAM Airlines Group S.A. (LATAM) has selected GTF engines to power additional A320neo-family aircraft, adding to its initial order selecting GTF engines to power more than 40 aircraft in 2013. Combined with remaining options, the deal will total up to 146 aircraft. Pratt & Whitney will also provide the airline with engine maintenance through a long-term EngineWise®
