ICBC Financial Leasing Co., a subsidiary of Industrial and Commercial Bank of China, has signed a memorandum of understanding with CFM International for CFM56-5B engines to power its new A320 aircraft...
Emirates is planning to spend a substantial amount to market Zambian tourism. Emirates will launch flights into Lusaka starting February 2012. The airline will fly to Lusaka five times weekly using an...
Air Lease Corporation (ALC) has ordered two new ATR 72-600 regional turboprop aircraft. This order is the conversion of two options placed in an order in 2010 for ten ATR 72-600s, plus 10 options. The...
Dublin-based global aircraft lessor, AWAS, has agreed with LAN Airlines, one of the leading passenger and cargo airlines in Latin America, to enter into a purchase and lease back transaction for five ...
Avolon has leased nine aircraft to Ryanair and AirAsia, two of the world’s leading low cost carriers. Avolon has also announced that it has increased its committed debt facilities by $600 million to $...
American International Group, parent of International Lease Finance Corporation (ILFC) is not yet convinced that the company’s debt reductions and maturity extensions are enough to convince investors ...
Embraer has delivered the first EMBRAER 190 jet to China’s CDB Leasing Co., (CLC). The aircraft will be operated by China Southern Air Holding Xinjiang Company, a branch of China Southern Airlines, wh...
Russian aircraft-leasing company Ilyushin Finance (IFC) has signed a letter of intent with Bombardier to purchase three CS100 and seven CS300. IFC, which is partially owned by Russian-government-contr...
Airbus has signed a Memorandum of Understanding (MOU) with leading Russian leasing company, VEB-Leasing, on cooperation in aviation leasing and finance. Under the agreement, Airbus and VEB-Leasing wil...
China Aircraft Leasing Co. (CALC) has signed an LOI with COMAC to purchase 20 CFM Leap-X-powered C919 aircraft. The C919s will probably be leased to Air China, China Eastern Airlines and China Souther...
Aviation PLC has announced it has entered into 10-year loan facility agreements for up to US $152.2 million under a mandate to Crédit Agricole-Corporate Investment Bank. The loan facilities can be dra...
Air Lease Corporation (ALC) has posted second quarter pre-tax income of $10.9 million and net income of $7.0 million and recorded cash flow from operations of $48.5 million. "Building on the success o...
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