Avolon net income $339 million for 2023
Avolon reported a net income of $339 million for the full year of 2023. Its fourth quarter results also saw net income increase to $110 million, up from $41 million in Q4 2022. Operating cash flow for...
Avolon reported a net income of $339 million for the full year of 2023. Its fourth quarter results also saw net income increase to $110 million, up from $41 million in Q4 2022. Operating cash flow for...
Dubai Aerospace Enterprise (DAE) total revenue was up 16% from $1.1bn in 2022 to $1.3bn in 2023. It also reported an after tax profit of $350.6 million for the year, a significant improvement from its...
Amid ongoing issues of supply chain shortages and aircraft delivery delays, a ‘hot market’ for pre-owned aircraft continues to work to the lessor’s benefit, highlighted the Airline Economics fleet man...
Speaking at Airline Economics’ Fleet Management, Assets and Parts Trading Day in Dublin, Walter Valarezo, head of America sales, DAE Capital, surmised: “At this point, we’re extending around two third...
Spirit Airlines has received a delivery for one A321neo aircraft from Aviation Capital Group (ACG). It is the fourth aircraft delivered and the final delivery scheduled for Spirit from ACG's orderb...
With uncertainty abounding about securing sufficient supplies of sustainable aviation fuel (SAF) to satisfy demand, Natasha Mann, CEO of Future Energy Global, highlighted that “capital is not flowing ...
With Falko coming into its 13th year, “this is the best market we have seen to be a lessor,” confirmed Mark Hughes, chief commercial officer at Falko. “We’re seeing everything we have expiring in 2024...
Azorra has purchased 12 Airbus A220-300s from EgyptAir, the flag carrier of Egypt. Azorra is acquiring the aircraft from EgyptAir “to support the airline’s ongoing fleet transformation”. John Ev...
Speaking at Airline Economics' 2024 Growth Frontiers Dublin conference, Air Lease Corporation CEO and president John Plueger and SAS CEO Anko Van Der Werff discussed the various geopolitical issues fa...
With production issues plaguing Boeing aircraft, particularly the 737 MAX 9, one of the world's largest aircraft lessor Air Lease Corporation (ALC) executive chairman and aviation entrepreneur Steven ...
Regional aircraft lessor TrueNoord has purchased two E175s on lease with Air Canada, marking the completion of its acquisition of ten Embraer aircraft from Nordic Aviation Capital (NAC). “We are very ...
European investment company RIVE Private Investment has acquired a Leonardo AW139 helicopter as part of a joint venture with long-standing partner LCI, a leading aviation company. The aircraft will be...
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