Alafco Aviation Lease and Finance (ALAFCO) selected Pratt & Whitney PurePower PW1100G-JM engines to power its order of 50 firm A320neo family aircraft. Deliveries are scheduled to start in 2017. “ALAF...
Oman Air has ordered six 787-8s, completing an arrangement with Boeing and Kuwait-based leasing company ALAFCO to transfer existing orders for the six aircraft from ALAFCO to Oman Air. “Our decision ...
ALAFCO, the Kuwait-based international Aviation Lease and Finance Company, has finalised a purchase order for 50 A320neo Family aircraft and took options for 30 more. ALAFCO has already ordered a tot...
Several aircraft lessors are moving to repossess their aircraft from Kingfisher Airlines for non-payment of lease rentals. The lessors have been negotiating with Kingfisher for the past few days but ...
Air Lease Corporation (ALC) has recorded its third quarterly positive pre-tax income of $28.3 million and net income of $18.3 million and recorded cash flow from operations of $83.1 million. ALC’s pr...
Aircastle has reported third quarter 2011 net income of $22.7 million, or $0.31 per diluted common share, and adjusted net income of $15.4 million, or $0.21 per diluted common share. Lease rental rev...
Air Transport Services Group (ATSG) has reported improved third quarter financial results after excluding non-cash impairment charges. Pre-tax losses from continuing operations were $6.7 million while...
CIT Aerospace has signed an agreement with Embraer for 10 Embraer 190s and/or 195s, with a further 20 options. Deliveries are scheduled through 2015. CIT president-transportation finance Jeffrey Knitt...
AMS Aircraft (AMS) has arranged the sale of an Airbus A340-311 aircraft, MSN 015, to GECAS Asset Management Services for Part-out on behalf of AC Aircraft Leasing 6 (Cayman). GECAS Asset Management...
International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, completed its previously announced acquisition of AeroTurbine from AerCap Holdings late last ...
Crane Aircraft Partners, based in California and Michigan, has closed on its second transaction this year. The aircraft investment firm has purchased a 2000 Boeing 767-300ER. The plane is currently o...
Irish aircraft lessor Aergo Group is poised to pay $50 million for a 65% interest in the in Peruvian Airlines. Aergo plans wants to increase Peruvian Airlines flights throughout South America, Miami a...
We're Social