Latest News for: Aircraft leasing

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Aircraft orders up as domestic travel demand recovers

China Daily 24 Sep 2022
As the latest deal to increase transportation capacity, Xiamen Airlines signed a deal to buy 40 A320neo airplanes from European aircraft manufacturer Airbus ... Currently, the fleet of Xiamen Airlines mostly comprises the B737 and B787 series made by US aircraft manufacturer Boeing Co. Late last year, Xiamen Airlines leased 15 Airbus A321neo aircraft.
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Businessman from Newton County convicted of aviation fraud in Guam

The Joplin Globe 24 Sep 2022
government through his company's use and leasing of unsafe aircraft ... He� was convicted of 99 counts, including aircraft parts fraud, employing uncertified mechanics and pilots, violating helicopter safety regulations, wire fraud and money laundering ... One of their aircraft crashed Sept.
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Xiamen Airlines signs deal to buy 40 Airbus planes for around $5b

China Daily 23 Sep 2022
Xiamen Airlines signed a deal to buy 40 A320neo planes from European aircraft manufacturer Airbus, as the domestic air travel market continues to recover from the COVID-19 pandemic ... aircraft manufacturer Boeing Co. Late last year, Xiamen Airlines leased 15 Airbus A321neo aircraft.
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Lufthansa Technik’s Irish operations claimed $18.4m from taxpayers in 2021 ahead of the sale of a division in Shannon

The Irish Times 23 Sep 2022
The results show that overall turnover was up almost 15 per cent last year in the three divisions of the Irish operation, including an engine repair operation, an aircraft leasing operation, and the Lufthansa Technik Shannon maintenance operation, which was sold to Atlantic Aviation earlier this year.
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Airlines’ Worry over Fleet Depletion Heightens as High Season Approaches

This Day 23 Sep 2022
But THISDAY gathered that as existing aircraft fleet is depleting, airlines might go for leasing to boost their fleet ... It is however, hoped that in the next few weeks some of these airlines that are off the sky would return to business and airlines would lease more aircraft to boost their fleet.
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Mixed Reaction Trail FG’s Choice of Ethiopian Airlines

This Day 23 Sep 2022
He emphasised that the national carrier was another window to achieving private sector participation in aviation, as well as the development of aircraft maintenance facilities and flight simulators, stressing that having a national carrier is beyond just flying an aircraft, but needs aircraft maintenance and training facilities.
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The pick of this year's best performing investment trusts

Moneyweek 23 Sep 2022
Round Hill Music Royalty has delivered 21% NAV growth this year. © Getty Images/iStockphoto ... UKW), Bluefield Solar (LSE ... JLEN) ... AA4), with NAV growth of 27% year to date, and DP Aircraft (LSE. DPA) have also benefited from specific events, where uncertainty about the value of leases for Airbus A380s has begun to resolve.Logistics funds look cheap ... .
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Company hired to arrange Florida Gov. Ron DeSantis’ migrant flights is tied to high-level state official

Finger Lakes Times 23 Sep 2022
TALLAHASSEE, Fla. — When Florida Gov ... But the company was familiar to a key member of the DeSantis administration ... Rep ... 7 ... The company’s business has focused on aircraft maintenance and support, training pilots and leasing its helicopters to fisheries and other companies around the world ... (FAA records show the company has 55 aircraft.) ... ———. .
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Florida migrant flight money went to company tied to DeSantis adviser

Tampa Bay Times 23 Sep 2022
TALLAHASSEE — When Gov ... But the company was familiar to a key member of the DeSantis administration ... In addition to Keefe, U.S. Rep ... 7 ... The company’s business has focused on aircraft maintenance and support, training pilots and leasing its helicopters to fisheries and other companies around the world ... (FAA records show the company has 55 aircraft.) ... ....
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Air India signs sale and leaseback pact with Willis Lease for 34 engines | Mint

Live Mint 22 Sep 2022
Air India has signed a sale and leaseback agreement with US-based Willis Lease Finance Corp for 34 engines to power 17 aircraft of the Airbus A320 family. . Under the agreement, Willis Lease will purchase from Air India 34 CFM56-5B engines to power 13 Airbus A321 aircraft and 4 Airbus A320 airplanes and lease them back to the airline.
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Air India signs engine sale & lease back agreement with Willis Lease

The Times of India 22 Sep 2022
The engines will be covered under Willis Lease’s ConstantThrust program, making it the first ConstantThrust sale and leaseback agreement for aircraft engines by any Indian carrier ... Under the sale side of the transaction, Willis Lease will purchase from Air India 34 engines ...
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Air India signs agreement with Willis Lease Finance Corp for engines on its Airbus fleet. Details here | Mint

Live Mint 22 Sep 2022
The company said in a statement, under the sale side of the transaction, Willis Lease will purchase 34 engines from Air India, powering 13 Airbus A321 aircraft and four Airbus A320 aircraft. Through the programme, Willis Lease will provide replacement and standby spare engines, ...
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ALSIB: What the Lend-Lease airports look like today

Beijing News 22 Sep 2022
The main air route for ferrying aircraft from the U.S. to the USSR under the Lend-Lease Act was opened in 1942 ... The Alaska-Siberia ('ALSIB') air route was created for ferrying military aircraft and cargoes from the United States to the Soviet Union under the Lend-Lease agreement.
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The easyJet share price has halved. Is it now below fair value?

The Motley Fool 22 Sep 2022
Not many easyJet (LSE. EZJ) passengers would be happy to keep flying through continuous turbulence. For the airline’s shareholders though, that has been the situation of late. The easyJet share price has halved over the past 12 months ... Revenues and costs ... Fixed costs like aircraft leases and purchases are high whether or not people fly ... .
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Bulgaria inches closer to buying more F-16s to replace Russian jets

Reuters 21 Sep 2022
With the first F-16 jets expected to be delivered to Bulgaria in 2025, the country is looking to lease other military aircraft to cover the expected gap and protect the country's airspace.

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