Rolls-Royce and Jiangsu A-Star have signed a new, long-term agreement for M250 turboprop engines as the Chinese company prepares its production line for the manufacture of Extra EA 500 aircraft. The a...
On November 6, 2014 Crédit Agricole CIB closed the financing of one A330-300 for Intrepid Aviation. The 2012 vintage aircraft is on lease to Taiwanese flag carrier China Airlines and was refinanced by...
Milestone Aviation Group has closed seven of 12 helicopter leases to Bristow Helicopters Limited, an affiliate of the Bristow Group. The helicopters will be used for civilian search and rescue (SAR) s...
Royal Brunei Airlines (RB) Brunei Darussalam’s national carrier has agreed to the lease of two new A320 passenger aircraft from AWAS. These aircraft will come from AWAS’ existing new order with the ma...
FLY Leasing has posted net income of $15.4 million, $0.37 per share, for the third quarter of 2014, compared to $0.3 million and $0.00 in the same period in 2013. Total revenues increased 33% to $105....
FLY Leasing has agreed to sell eight of the 11 Boeing 757 aircraft in its fleet. The sales are expected to close by the end of 2015. “The sale of these eight older B757 aircraft, averaging 15.7 years ...
GE Capital Aviation Services Limited (GECAS) has delivered three new 777-300ERs to China Airlines to expand the airline’s fleet. "China Airlines is very pleased to receive its third new 777-300ER from...
Lufthansa has sold four A340-300s to Deucalion Capital. Despite the documented difficulties with the A340, A340-300s remain an easily transferable asset due to their CFMi engines and the ability to re...
UK-based regional carrier Flybe plans to sell its 60% stake in Flybe Nordic, its Finnish operation with partner Finnair, for a symbolic €1 due to “unacceptable and deteriorating” losses. The sale is e...
SMBC Aviation Capital has announced an order for 80 737 MAX 8s, valued at more than $8.5 billion at list prices. This is the largest single order for 737 MAXs from a leasing company and will help SMBC...
According to the latest Airbus Global Market Forecast, air traffic involving Spain will double by 2033 compared to 2013. This includes domestic as well as international travel to and from the country....
Air Serbia has announced that it is on track to reach profitability by the end of the year. For the third quarter, the carrier posted a 54% rise in revenue to €57 million with passenger numbers up 74%...
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