DAE reports strong 2022 despite write-down
Dubai Aerospace Industries (DAE) has reported total annual revenues of $1.1bn at the end of December 2022. Profit before exceptional items increased by 37% over 2021 figures to $258.6 million. However...
Dubai Aerospace Industries (DAE) has reported total annual revenues of $1.1bn at the end of December 2022. Profit before exceptional items increased by 37% over 2021 figures to $258.6 million. However...
Avolon reported a 9% leasing revenue increase to $2.3bn and adjusted net income of $253 million for 2022, five times as much as the year before. Cashflow climbed 35% for the year to $253 million, the ...
Malaysia's AirAsia plans to take additional 15 aircraft on lease to meet travel demand from China. Speaking to Reuters, Tony Fernandes, CEO, Capital A said: “We are so bullish on growth that we're in ...
CDB Aviation, the wholly-owned Irish subsidiary of China Development Bank Financial Leasing, has announced the delivery two Boeing 737-800s to Milan-based carrier Neos. “We look forward to building a ...
ACC Aviation has reported a "strong" fourth quarter of 2022 (Q4 2022), an outcome it said was driven by client demand, including for corporate and team flights to the football World Cup in Qatar. ACC,...
Akasa Air has taken delivery of five new Boeing 737 MAX aircraft from Avolon over the past couple of months. The agreement is Avolon's first sale and leaseback deal with Akasa Air - the five new 737 M...
Airstream has been "exclusively mandated" to sell three ATR72-500 aircraft on behalf of NovoAir. "We're delighted to continue our close relationship with NovoAir, after previously selling them their f...
Norwegian and Air Lease Corporation (ALC) have signed a letter of intent for the carrier to lease six Boeing 737 MAX 8 aircraft. The aircraft "are in addition to the three 737 MAX 8 aircraft which No...
Business aircraft finance company Global Jet Capital (GJC) has exceeded $3.5bn in support to users of new and pre-owned aircraft since starting operations in 2014. "This milestone is significant for t...
Fly Meta, Hong Kong based global air cargo charter company has signed lease agreement for four Boeing 777-300ERS with AerCap Holdings. The aircraft are scheduled to deliver in 2024 through 2025. Rich ...
UK-based aircraft remarketer business Airstream International has arranged the sale of three ATR42-500 aircraft. In a deal on behalf of Gladiator Leasing, one ATR was sold to interCaribbean Airways. I...
Aviation Capital Group (ACG) has announced the delivery of one new Boeing 737-9 MAX aircraft on long-term lease to Copa Airlines. The aircraft, which is powered by CFM International LEAP-1B engines, i...
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