Griffin Global Asset Management (Griffin) has announced the mandate for the purchase and lease back of five Boeing 737-8 aircraft with Akasa Air, a new airline based in India. The aircraft deliveries are scheduled to begin this June. “We were introduced to Akasa Air’s management team over a year ago and have watched with excitement
Aircraft remarketing specialists Airstream International Group has announced the sale of a Bombardier DHC-8-311 aircraft, on behalf of Jetlite Air Limited, to Binder Capital Corporation. The aircraft, serial number 406, will be operated by Canadian operator Central Mountain Air, which is owned by Binder Capital Corporation. Airstream has been very active placing DHC-8 aircraft and
On June 7, 2022, at UP Summit, an annual gathering of leaders in transportation innovation hosted by investment firm UP Partners, urban air mobility (UAM) pioneer Volocopter announced that it has achieved another milestone towards bringing UAM to life: its fixed-wing passenger aircraft, the VoloConnect, completed its first flight in May 2022. This accomplishment makes
Specialist regional aircraft lessor TrueNoord has successfully remarketed two YoM 2016 Bombardier CRJ900 ER NextGen aircraft (MSN15398 and MSN 15400) to South African operatorCemAir (Pty) which has signed long-term operating leases for both regional jets. Following transition from its previous lessee, the first aircraft in CemAir’s livery was integrated into the fleet in April and
In April 2022, Eve and Falcon Aviation Services (Falcon), a business aviation services operator in the Middle East and Africa region, have signed a Letter of Intent (LoI) for up to 35 electric vertical take-off and landing (eVTOL) aircraft. With deliveries expected to start in 2026, the partnership will introduce the first eVTOL touristic flights
3TOP Aviation Services (3TOP), a fast-growing aviation asset acquisition and management company specialising in aftermarket inventory support solutions, has announced the acquisition of two Boeing 737-900 aircraft bearing MSNs 33646 and 33648, to support growing demand from its global customer base. Chris Emechete, CEO at 3TOP, comments: “With the pandemic now increasingly in our rear-view
Azorra, the commercial aircraft lessor providing lease, financing and asset management solutions with a focus on regional, crossover and small narrowbody aircraft, has completed the acquisition of a 37-aircraft portfolio formerly owned by Nordic Aviation Capital (NAC). The portfolio is comprised of 29 Embraer E-Jets and seven ATR and Q400 turboprops leased to 13 different
Atlas Air has taken delivery of a Boeing 747-8 freighter, which will operate on behalf of its customer Cainiao, the logistics arm of Alibaba Group, as part of a previously announced long-term agreement. The aircraft will increase capacity on routes between China and the Americas. This aircraft is the first of four new 747-8 freighters
Air Lease Corporation (ALC) has announced long-term lease placements for three new Airbus A321neo aircraft with LATAM Airlines. The aircraft are scheduled to deliver to LATAM in summer and fall of 2023 from ALC’s orderbook with Airbus. “We are pleased to announce the long-term leases of three new Airbus A321neo aircraft to the largest airline in
Sky High Aviation (Sky High), an airline based in the Dominican Republic, has taken delivery of its first Embraer E190 passenger jet – becoming the only E-Jet operator based in the Caribbean. The first of two E190s being provided by regional aircraft lessor, TrueNoord, arrived last week at Las Americas José Francisco Peña Gómez airport
