Aviation Leasing

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Thursday, 21 November 2019

Latest News for: Aviation leasing

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SMBC Aviation Capital's H1 profits up 18%

RTE 21 Nov 2019

Dublin-based aircraft leasing company SMBC Aviation Capital has reported higher pre-tax profits and income for the six months to the end of September ... Peter Barrett, CEO of SMBC Aviation Capital, said that successful implementation of its strategy and relentless focus on building ......

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SMBC says it will take time for 737 Max to return to service

The Irish Times 21 Nov 2019

Dublin-based aircraft leasing firm SMBC Aviation Capital, a major customer of Boeing’s 737 MAX jet, does not expect the grounding of the plane to be lifted until early next year, and warned it would take time to bring it back into service ... of lease rates weakening for such models....

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Major 737 MAX customer SMBC says it will take time to return plane to service

Canada Dot Com 21 Nov 2019

DUBLIN — Aircraft leasing firm SMBC Aviation Capital, a major customer of Boeing’s 737 MAX jet, does not expect the grounding of the plane to be lifted until early next year, and warned it would take time to bring it back into service ... Federal Aviation Administration (FAA) to lift the MAX’s grounding in mid December....

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Sanad signs new deal with Emirates on aircraft maintenance

The National 20 Nov 2019

Italian defence firm Leonardo partners with Falcon Aviation on VIP helicopter terminal ... As a trusted partner providing holistic services in aviation and industrial MRO, engine financing and leasing, Sanad will play a key role in promoting Abu Dhabi as a global aerospace hub,” said Badr Al Olama, head of Mubadala Aerospace....

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Dynam Japan aims high with plane business

Hong Kong Standard 20 Nov 2019

The company's interim net profit rose 4.2 percent to 8.6 billion yen ... Meanwhile, the company aims to achieve steady growth through an aircraft leasing business leveraged by cash flow generated from pachinko hall operations. For its aircraft leasing operation, the company incorporated a subsidiary in Ireland, Dynam Aviation Ireland in December 2018 ... ....

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Boeing’s grounded 737 Max scores 2nd order at Dubai Airshow

Federal News Radio 20 Nov 2019

Airbus capped off the day with an announcement that GE Capital Aviation Services, a commercial aircraft leasing arm of General Electric, had signed an order for 12 wide-body A330neos and 13 new single-aisle A321XLRs ... Ghana’s Aviation Minister Joseph Kofi Adda described the airline ......

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Boeing nabs 50 sales for troubled Max

Arkansas Online 20 Nov 2019

The orders come after SunExpress of Turkey purchased 10 planes, giving a total value of about $7.5 billion at list prices ... Airbus capped off the day with an announcement that GE Capital Aviation Services, a commercial aircraft leasing arm of General Electric, had signed an order for 12 wide-body A330neos and 13 new single-aisle A321XLRs....

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CIAF Leasing signs order with Embraer for three E190 jets

TravelDailyNews 19 Nov 2019

Hassan Mohamed, Chairman and CEO of CIAF Leasing, and John ......

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Military's R500-million plane contract — for no planes

Mail Guardian South Africa 19 Nov 2019

The department has been locked in litigation with Adonai Aviation over the controversial contract — a five year bid to lease two aircraft to ferry dignitaries, starting in 2012 ... Adonai Aviation itself seems to be embroiled in a complex misrepresentation and conflict of interest case, involving Adonai’s legal representatives....

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GE Capital Aviation Services orders 32 Airbus aircraft

Gulf Daily News 19 Nov 2019

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, has signed a firm order for 12 highly efficient wide-body Airbus A330neos and 20 long-range single-aisle A321XLRs. The agreement for the A321XLR includes an order for 13 new planes and the upsizing of seven A321s in its existing backlog ... ....

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Pacific Life lays off 54 in Newport Beach as it outsources IT work

Orange County Register 19 Nov 2019

Pacific Life Insurance Co. is laying off 54 employees at its Newport Beach headquarters, part of a move to outsource some of its technology operations. The employees will be terminated as of Dec. 31, according to a letter filed Oct ... Aviation Capital Group, a commercial aircraft leasing company, was sold to Tokyo Century Corp., a public company ... ....

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CDB Aviation Begins Deliveries of Six A330neo Aircraft to New Airline Customer Garuda Indonesia

The Record 18 Nov 2019

CDB Aviation, a wholly owned Irish subsidiary of China Development ... CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), a 35-year-old Chinese leasing company that is backed mainly by the China Development Bank....

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Hayden airport replaces ground operator, completes Atlantic Aviation expansion ahead of busy winter flight season

Craig Daily Press 18 Nov 2019

Booth has estimated the new facility, which includes an expanded apron space to park airplanes, a new terminal and storage building, will bring in about $125,000 in annual lease revenue to the airport, up from $80,000 Atlantic Aviation paid annually for its old facility....