Apollo Aviation Group (together with its affiliates, Apollo Aviation), a multi-strategy aviation investment manager, reporte that since the second quarter of 2016 it has contracted to purchase 27 commercial aircraft and five aircraft engines for a total gross purchase price of US$750 m. All flight equipment is being purchased with leases attached to airlines in
As part of the Floreat Aviation Portfolio, the first Airbus A330-200 was purchased on November 30, 2016. This aircraft is on lease to Virgin Australia. Three more A330s are expected to be added to the portfolio in December 2016, resulting in an investment volume of up to US$400m. Aside from the commercial debt procured by Doric,
Rolls-Royce has won an order from New Caledonian airline Aircalin for Trent 7000 engines to power two Airbus A330neo aircrafts, supported by Rolls-Royce’s engine service, TotalCare. The order marks the first time that Aircalin has selected Rolls-Royce engines. The A330neo is exclusively powered by the Trent 7000 which brings together experience from the Trent 700
AerFin (UK) continues its acquisition drive with the purchase of Airbus A319-131 aircraft, MSN 2308, from aircraft leasing company SMBC Aviation Capital. The 2004 vintage narrow-body is AerFin’s eleventh aircraft acquisition of 2016 and second A320 family aircraft purchase of the year. Bob James, CEO, AerFin Ltd commented ‘This acquisition reaffirms AerFin’s commitment to building
Aircalin, the Noumea based carrier in the French territory of New Caledonia has signed an agreement (MoU) for two A320neo single-aisle and two A330-900 wide-body aircraft. The agreement was finalised and signed at a ceremony in the capital Noumea attended by airline officials and Airbus executives. The A320neo engine choice will be made at a
Wizz Air has concluded a sale and lease back deal with Bank of Communications and Financial Leasing (BoComm) as well as finalizing an earlier announced operating lease deal with BOC Aviation for the financing of a total of ten new aircraft. The airplanes are planned for delivery in 2017 and 2018 and at today’s list
SAS has secured financing of five Airbus A320neo through the signing of a sale and leaseback agreement with Jackson Square Aviation. The aircraft will be delivered between 2016 and 2018. The agreement means that SAS, at the time of delivery for respective aircraft, will sell the aircraft to Jackson Square Aviation and then lease it
Cabot Aviation, a division of Air Partner and a leading aircraft remarketing agent, has been exclusively authorised by Turkish Airlines to remarket eight Airbus A330-200s for sublease – either dry or wet. The aircraft have PW4168A-1D engines and a 233-tonne maximum take-off weight (MTOW). The authorisation concludes a successful month for Cabot, in which it
Bombardier Commercial Aircraft has delivered the first CS300 aircraft to launch operator Air Baltic Corporation AS (airBaltic), the flag carrier of Latvia. The CS300 is the larger variant of Bombardier’s all new C Series aircraft, which is designed to carry between 130 and 150 passengers. The handover to airBaltic comes just five months after the
Avolon, the international aircraft leasing company, has delivered one Airbus A320-200 aircraft to Batik Air. This is the fourth Avolon aircraft on lease to Batik Air.
