Aviation Capital Group (ACG), a premier global full-service aircraft asset manager, has delivered one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (SAS). Featuring CFM International LEAP-1A engines, this is the eleventh aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-and-leaseback transaction between ACG and SAS. ACG specialises in
Turkish Airlines, Airbus, and Rolls-Royce came together at Turkish Airlines’ headquarters in Istanbul to commemorate the momentous order for 150 A321neo and 80 A350-family aircraft placed in December 2023. The gathering was attended by distinguished figures including the Turkish Minister of Trade, Prof. Ömer Bolat, Minister of Industry and Technology, Mehmet Fatih Kacır, Minister of
ACIA Aero Leasing (ACIA), a regional aircraft lessor, has reported the delivery of the first of two ATR 72-500 bulk freighters to Thailand’s newest airline, Pattaya Airways. Pattaya Airways received the aircraft (MSN745) earlier in April 2024, with the second (MSN742) scheduled to be delivered this May. “We are very pleased to be entering a
IndiGo, India’s leading airline, has finalised a firm order for 30 A350-900 aircraft, marking a significant expansion opportunity for IndiGo to broaden its network and connect various Indian metros to destinations worldwide. These aircraft will be equipped with Rolls-Royce Trent XWB engines, combining mission capability with the efficiency of the Trent XWB engine to provide
GD Helicopter Finance (GDHF), a newly established helicopter leasing and finance firm headquartered in Dublin, Ireland, has finalised a deal with Airbus Helicopters and GDAT for up to 20 H175 helicopters. The agreement comprises ten firm orders and ten options, with GDHF set to market these H175 helicopters to clients in the energy, search and
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has signed new lease agreements for a fleet of seven additional narrow-body and wide-body aircraft with its existing customer, Turkish Airlines (Turkish), the flag carrier of Türkiye. Under the new agreements, one used Airbus A330-343 will be delivered in May
Condor, a German leisure airline, has received its inaugural Airbus A320neo on lease from Avolon following a ceremony in Toulouse. This milestone marks the airline’s ongoing fleet modernisation, which already features the A330neo for long-haul routes. By utilising aircraft from the A320 and A330neo families, Condor aims to maximise the benefits of commonality between these
Aviation market intelligence and advisory company IBA has revealed that with rising engine lease rates and market values showing double-digit growth, the engine sector is now a “lessors’ market”. The latest IBA analysis shows that engine leasing activity has grown significantly with operators now favouring lease extensions to secure lift. In its recent webinar on
Elbe Flugzeugwerke GmbH (EFW), an expert in Airbus passenger-to-freighter (P2F) conversions, and MRO Japan (MJP), a prominent player in Japan’s aerospace maintenance repair and overhaul sector, have announced a memorandum of understanding (MOU) to collaborate on passenger-to-freighter (P2F) conversions. Under the MOU, MJP will serve as a subcontractor for EFW in P2F conversions and offer
Harbour Air, North America’s largest seaplane airline, has signed a Letter of Intent (LOI) with magniX to acquire 50 magni650 electric engines. magniX’s electric propulsion units (EPUs) will be utilised to electrify Harbour Air’s fleet, commencing with the De Havilland DHC-2 Beaver in 2026. The magni650s will also be employed for third-party conversions. This agreement
