Aviation Leasing

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Wednesday, 25 November 2020

Latest News for: Aviation leasing

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Alaska Airlines will acquire 13 more Boeing 737 Max planes despite misgivings from skeptical consumers ...

Business Insider 25 Nov 2020

Alaska will grow its 737 Max 9 fleet to 45 aircraft with the new order from Air Lease Corporation ... Alaska Airlines announced a leasing deal for more Boeing 737 Max aircraft on Monday just days following the end of a 20-month grounding by the Federal Aviation Administration after two fatal crashes....

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Alaska Airlines places bet on 737 Max

Arkansas Online 24 Nov 2020

SEATTLE -- Days after the Federal Aviation Administration cleared Boeing's 737 Max to fly passengers again, Alaska Airlines became the first carrier to expand its fleet of the aircraft. Alaska announced Monday it will lease 13 Maxes from Los Angeles-based Air Lease Corp ... Air Lease Corp....

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3 new wind turbines approved for Providence waterfront

San Francisco Chronicle 24 Nov 2020

The 325-foot (99 meter) tall, 1.5-megawatt turbines approved by the Providence Planning and Zoning Boards, the Federal Aviation Administration and the Coastal Resources Management Council will be sited on land leased from the Port of Providence and Johnson & ......

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CDB Aviation Brings Next Generation A330 P2F Freighter to Market

The Marshall News Messenger 23 Nov 2020

CDB Aviation, a wholly owned Irish subsidiary of ... CDB Aviation is bringing the next generation Airbus A330 P2F freighter to the market with 23% more cargo volume than older freighters aircraft types, which will be available for lease to airline customers beginning in early 2022....

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Norwegian Air’s Irish subsidiaries subject to legal action

The Irish Times 23 Nov 2020

Both companies, along with Irish-registered Arctic Aviation Assets, Torskefjorden Leasing and Norwegian Air International (NAI), are subject to the High Court’s protection since Wednesday ... The three leasing companies are subsidiaries of Arctic Aviation....

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airBaltic Appoints Jetcraft Commercial in Largest Single-mandate to Date

The Marshall News Messenger 23 Nov 2020

... the sub-lease of 11 Dash 8-400 NextGen aircraft from airBaltic ... Jetcraft Commercial is the commercial aircraft division of global aviation trading firm Jetcraft, supporting airlines and operators in the fields of buying, selling, leasing, marketing and financing their aircraft....

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Aviation Capital Group Announces Lease Agreements with SKY express for Four Airbus A320neo Aircraft

The Marshall News Messenger 23 Nov 2020

Aviation Capital Group LLC (“ACG”), announced that it has entered into long-term leases with SKY express for four new Airbus A320neo aircraft ... Aviation Capital Group was founded in 1989 and is one of the world’s premier full-service aircraft asset managers with approximately 450 ......

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Boeing seeks dismissal of Norwegian Air’s €1bn lawsuit over Max aircraft

The Irish Times 23 Nov 2020

Justice Quinn last week appointed Kieran Wallace of KPMG interim examiner to Irish-registered Norwegian Air International, Arctic Aviation Assets, Drammensfjorden Leasing, Lysakerfjorden Leasing and Torskefjorden Leasing, and granted them protection from creditors ... The three leasing companies hold 72 of its 140 aircraft....

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Interview: Trapped inside a Chinese riddle

Irish Independent 22 Nov 2020

He has had enough. The senior Irish aviation leasing executive has been barred for almost two years now by a Chinese court from leaving that country ... He is free to travel anywhere he wishes in China ... to hand over to the court an Airbus A330-300, the main asset of his employer China International Aviation Leasing Service Co Limited (CALS Ireland) ... ....

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Irish businessman barred from leaving China begs for help

Irish Independent 22 Nov 2020

The father of four young children was caught up in the complicated corporate situation after travelling to Shanghai in March last year to represent an Irish registered aviation leasing firm, of which he is a director, following the arrest of its Chinese owner in the city in connection to a separate company ... "I'm sick with worry ... " ... ....

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Liquidating Norwegian Air Shuttle would leave €6bn deficit

The Irish Times 21 Nov 2020

On Wednesday, Mr Justice Michael Quinn appointed KPMG partner Kieran Wallace as interim examiner to Irish-based Norwegian Air International (NAI), Arctic Aviation Assets DAC and three of its subsidiaries, Drammersfjorden Leasing, Torskefjorden Leasing and Lysakerfjorden Leasing ... Arctic Aviation Assets....

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Airbus, Boeing expected to turn to hybrid engine technology for new planes-lessor

Canada Dot Com 20 Nov 2020

... challenges with the return of the 737 MAX and certification of the 777X, Air Lease Corp Chief Executive Steven Udvar-Hazy said at the Skift Aviation Forum....

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SMBC Aviation Capital's H1 pre-tax profits slump due to Covid-19

RTE 18 Nov 2020

Dublin-based aircraft leasing company SMBC Aviation Capital has reported a sharp drop in pre-tax profits for the six months to the end of September due to the impact of Covid-19 on the aviation sector ... The company said its total aircraft operating lease assets grew by 9.5% to $11.5 billion reflecting increased sale and leaseback activity. ....