Latest News for: Aircraft leasing


Russian Jet Catches Fire Days After Planes Declared Safe Despite Sanctions

Yahoo Daily News 07 Feb 2023
Russia has also been re-certifying old and outdated aircraft into the Russian National Register, some of which haven’t been in service since the ‘90s ... This is something that happens in the rest of the world but is frowned upon by the aircraft leasing companies that provide most of the planes to carriers.

International travel demand flies high

ECNS 07 Feb 2023
From Jan 20, Emirates resumed passenger service to Shanghai with two weekly flights operated by an Airbus A380 aircraft ... Avolon Holdings, a Dublin-based aircraft leasing company, said that driven by the reopening of the Asian market, especially China, global air passenger volumes are expected to fully recover in the next few months. 1 2 3 Next Page.

Spirit Airlines Reports Fourth Quarter and Full Year 2022 Results

Victoria Advocate 07 Feb 2023
In prior periods, we excluded supplemental rent adjustments related to the modification of aircraft or engine leases from our non-GAAP measures ... In prior periods, we excluded supplemental rent adjustments related to the modification of aircraft or engine leases from our non-GAAP measures.

VIC Fire Authorities defend taxpayers’ $30 million aircraft lease amid leaked letter

The Daily Telegraph Australia 06 Feb 2023
Victoria does not own the aircraft, instead leasing them through a series of contracts which is costing ...

Norwegian Will Add 6 ALC Owned Boeing 737 MAXs To Its Fleet

Simple Flying 06 Feb 2023
... MAX 8 aircraft on lease for the upcoming summer season.

TAT Technologies signs a 5-year contract extension with a global air carrier for APU MRO ...

Victoria Advocate 06 Feb 2023
The Company is also engaged in APUs leases to airlines, mainly for B777 aircraft, under an exclusive 10-year contract with Honeywell.� Piedmont has completed its facility upgrades required to start MRO operations for the GTCP331-500 (B777) and expects to complete the same for the GTCP131-9 (A320/B737) within the coming months.

FTAI Aviation Ltd. Announces Timing of Fourth Quarter and Full Year 2022 Earnings and ...

Eagle-Tribune 06 Feb 2023
NEW YORK, Feb. 06, 2023 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ ... A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https.// ... Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices ... .

Lift on track to increase seat capacity to 1.5m, says airline’s chief exec

Independent online (SA) 06 Feb 2023
This was a huge increase from 370 000 seats, he said ...Lift is adding four aircraft to its fleet, which has been done using flexible capacity that can easily be increased or decreased based on demand ... Three of our largest operational costs are denominated or driven by the rand-to-dollar exchange rate, fuel, aircraft leases and insurance,” he said.

Affordable fares with unparalleled domestic network remain our core strategy: Pieter Elbers, IndiGo

The Times of India 06 Feb 2023
So in order to again deal with the capacity situation and the OAG situation caused by the supply chain we made an arrangement with Turkish Airlines to temporarily lease these aircraft from Turkish Airlines to operate on that route specifically. So what is your plan going forward? Are you looking at inducting more wide body aircraft to your fleet?.

AerCap Signs Lease Agreement To Deliver 4 Boeing 777-300ERSFs To Fly Meta

Simple Flying 05 Feb 2023
The leasing company AerCap announced it had signed lease agreements for four Boeing 777-300ERSF aircraft with Hong Kong-based global air cargo charter company Fly Meta this week ....

See inside a new pilotless cargo plane, which has a nose-loading door like the Boeing ...

Business Insider 05 Feb 2023
The aircraft, known as Pelican Cargo, is pilotless and can carry up to 400 pounds across 200 miles ... Pyka's aircraft will be leased, and they cost around $15 per hour to operate, which is much lower than the $500-$1,000 per hour figures other small cargo aircraft can cost, according to Norcia.

What’s eating Michael O’Leary? Profits are booming, passengers are flocking but all the Ryanair boss can talk about is ‘black swans’

Irish Independent 05 Feb 2023
“At the moment, we think we’re somewhere around 44, 45 aircraft ... Most airlines either lease large portions of their fleet or carry huge amounts of debt on their balance sheet for the aircraft they have bought ... a gap of 35 aircraft to meet its 2026 ambition.

SkyWest, Inc. Announces Fourth Quarter and Annual 2022 Results

Cadillac News 03 Feb 2023
is the holding company for SkyWest Airlines and SkyWest Leasing, an aircraft leasing company.

Record revenue push IndiGo’s net profit to best-ever in a quarter

Financial Express 03 Feb 2023
The addition of 22 new aircraft during the quarter, taking the total to more than 300, in addition to an increase in passenger load to 85% from 80%, helped push margins ... The addition of 22 new aircraft during the quarter, taking the total to more than 300, in addition to an increase in passenger load to 85% from 80%, helped push margins.Also Read.

India's IndiGo seeks partnerships to expand international network

Reuters 03 Feb 2023
To mitigate the impact, the airline has extended some existing leases and is also taking aircraft on 'wet lease' - an arrangement whereby the lessor maintains operational control of flights while providing aircraft and crew - Negi told analysts.

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