GE Capital Aviation Services (GECAS) has agreed a purchase/leaseback (PLB) arrangement for 14 LEAP-powered Airbus neo aircraft with IndiGo. The deal involves seven A320neo and seven A321neo aircraft which are scheduled to deliver between the fourth quarter of 2021 and mid-2022. GECAS has supported Indigo since the carrier’s inception in 2006 and it is currently
One year after completing the acquisition of the Swiss Company Kopter Group (Kopter), Leonardo has welcomed the SH09 single-engine helicopter as a full member of its product range by rebranding it as the AW09. This step synergizes the two identities of Leonardo and Kopter. The AW09 perfectly complements the existing product range of Leonardo, allowing
Aergo Capital Limited (Aergo) has completed the acquisition of four 2014-15 Vintage ATR72-600 aircraft from a major international financial institution. The aircraft were acquired naked and in parallel, lease documentation is close to being agreed on a number of the units. Fred Browne, Chief Executive Officer of Aergo, commented: “This acquisition demonstrates Aergo’s flexibility and broad
Australia’s Rex Airlines has taken delivery of another Boeing 737-800NG aircraft, the sixth to join the airline’s growing fleet of jet aircraft. The 737, with the registration VH-RYU, touched down in Sydney after emerging from the lessor’s paint facility adorned in the distinctive Rex livery. It will soon enter service on the airline’s domestic network
Boeing has reported that aircraft lessor Dubai Aerospace Enterprise (DAE) is growing its 737 MAX portfolio with an order for 15 737-8 jets. DAE had been investing in the 737 MAX by buying jets from existing customers and leasing them back to the carriers. The new order is DAE’s first direct 737 MAX purchase from
Volocopter and the global mobility technology group, Geely Technology Group, have presented Volocopter’s electric air taxi, the 2X, for the first time in China at Geely’s booth at the Shanghai International Automobile Industry Exhibition 2021. The companies are highlighting their cooperation and aim to introduce urban air mobility to the Chinese market and give visitors the chance to
Air Lease Corporation (ALC) has delivered one new Airbus A321-200neo LR aircraft on long-term lease to Air Arabia. This aircraft, featuring CFM International LEAP-1A32 engines, is the sixth of six new A321-200neo LRs to deliver to Air Arabia from ALC’s order book with Airbus. ALC also disclosed that Air Astana has taken delivery of one
Boeing has recorded a year-on-year nine plane increase in monthly deliveries with 29 delivered in March 2021 compared to 20 in 2020, while also maintaining a positive net order book for the second month running. February saw the first positive net orders for 14 months as confidence slowly returns to the company’s customers. Orders for
Dubai Aerospace Enterprise (DAE) has reported its business transactions update for the first quarter of 2021 for its aircraft leasing division, DAE Capital. DAE acquired 13 aircraft in the first quarter of 2021 (owned: nine; managed: four), sold seven aircraft (owned: four; managed: three) and signed lease agreements and extensions for 48 aircraft (owned: 43;
flypop has signed a multiple aircraft A330-300 lease deal with aircraft lessor Avolon. Navdip Singh Judge, CEO & Principal of flypop, commented: “As a twin-engine, double-aisle, wide-body that can carry over 400 passengers, the A330-300 aircraft will deliver everything we want to offer our flypop passengers, especially the lowest seat prices to India. With this
