Latest News for: Aircraft leasing

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LATAM’s Fleet In 2021

Simple Flying 17 Jun 2021
According to ch-aviation, the airline currently has 286 aircraft, due to the impact of the COVID-19 pandemic, the lack of demand, and the many travel restrictions in South America ... At the end of 2019, LATAM had 320 passenger aircraft ... Like other carriers worldwide, it has simplified its fleet and rejected the leasing contracts of its older aircraft.
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Philippine Airlines parent reports record US$1.5b loss for 2020

Hong Kong Standard 17 Jun 2021
The parent company of Philippine Airlines booked a record 73 billion pesos (US$1.51 billion) loss in 2020, up seven fold from a year earlier, after the coronavirus pandemic lashed the global aviation sector ... The Standard Channel ... It has a fleet of 97 Boeing and Airbus aircraft, 81 of which are leased ...  . .
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Philippine Airlines parent posts record loss, readies restructuring plan

Metro USA 17 Jun 2021
MANILA (Reuters) – The parent company of Philippine Airlines’ booked a record 73 billion pesos ($1.51 billion) loss in 2020, up seven fold from a year earlier, after the COVID-19 pandemic lashed the global aviation sector ... Schneps Connects ... Subscribe. ... It has a fleet of 97 Boeing and Airbus aircraft, 81 of which are leased ... .
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Aer Lingus likely to get penalty fee in wake of Stobart failure

The Irish Times 16 Jun 2021
Aircraft leases. Esken guaranteed the leases on Stobart’s 13 aircraft. The airline leases these from a related company, Propius, which rents them from Goal Leasing. Stobart itself directly leases three planes from Nordic Aviation Capital and two from GE Capital Aviation Services.
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PURCHASE AND LEASEBACK ARRANGEMENT OF THREE AIRCRAFT (CALC - China Aircraft Leasing Group Holdings Ltd)

Public Technologies 16 Jun 2021
CHINA AIRCRAFT LEASING GROUP HOLDINGS LIMITED ... Upon completion of the Transaction, the Aircraft will be leased back to the Seller ... Upon completion of the Transaction, the Aircraft will be leased back to the Seller ... China Aircraft Leasing Group Holdings Limited (中國飛機租 ... China Aircraft Leasing Group Holdings Limited.
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Dubai Aerospace taps into debt markets, sells $1 billion in bonds

Gulf News 16 Jun 2021
Aircraft leasing firm Dubai Aerospace Enterprise (DAE) sold $1 billion (Dh3.67 billion) in bonds due in August 2024 ... The aircraft lessor’s adjusted profit before ...
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Lufthansa Puts 12 Airbus A340s Up For Sale

Simple Flying 16 Jun 2021
The airline operated a total of 17 of these four-engined jets before the pandemic broke, all of which are currently parked in long-term storage at Tureul, a Spanish aircraft graveyard ... Notably, Lufthansa has opted not to sell aircraft ranging from 13 to 15 years old ... However, there is a reason these aircraft were retired in the first place.
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‘It’s not as simple as just getting another job’

The Irish Times 16 Jun 2021
Stobart Air workers fear for their long-term employment prospects following the loss of their jobs at the weekend ... The airline leased its 13 aircraft, but has a number of assets, including some airport slots. Stobart also held aircraft engine spares and other stock ... .
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‘It’s not as simple as just getting another job’: Stobart workers fear for career prospects

The Irish Times 16 Jun 2021
Stobart Air workers fear for their long-term employment prospects following the loss of their jobs at the weekend ... The airline leased its 13 aircraft, but has a number of assets, including some airport slots. Stobart also held aircraft engine spares and other stock ... .
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‘It’s not as simple as just getting another job’: Stobart workers fear for job prospects

The Irish Times 16 Jun 2021
Stobart Air workers fear for their long-term employment prospects following the loss of their jobs at weekend ... The airline leased its 13 aircraft, but has a number of assets, including some airport slots that it owned, although of those it used belonged to Aer Lingus. Stobart also held aircraft engine spares and other stock ... .
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Dubai-based plane lessor DAE issues $1bn of bonds

The National 16 Jun 2021
Read More. Moody’s revises DAE’s outlook to stable as air travel shows signs of recovery ... It also sold $750 million in Islamic bonds, or sukuk, in November 2020 ... DAE is one of the world’s largest aircraft leasing companies with offices in a number of countries. The company had a total owned, managed and committed fleet of 377 aircraft as of March 31. .
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Vmo Aircraft Leasing Expands Executive Team with Appointment of Capital Markets Leader

The Marshall News Messenger 15 Jun 2021
Vmo Aircraft Leasing (“Vmo”), a San Francisco-based aircraft leasing company, announced today the appointment of Meghan O’Connor to the newly created role of Senior Vice President and Head of Capital Markets ... About Vmo Aircraft Leasing. Vmo Aircraft Leasing ... Vmo Aircraft Leasing.
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Aviation Capital Group Announces Financing of One Airbus A350-900 and Three Airbus A321neo Aircraft for ...

The Marshall News Messenger 15 Jun 2021
In connection with the A350-900 financing, ACG’s Aircraft Financing Solutions (AFS) program utilized a portion of its $650 million secured funding facility to act as a direct lender under a finance lease to THY ... A321neo aircraft, the first of which was delivered to THY this week.
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SWISS To Reduce Widebody Fleet By 5 Planes

Simple Flying 15 Jun 2021
Currently, the Lufthansa Group airline operates a fleet of 90 aircraft and those of Swiss regional airline Helvetic Airways under wet lease arrangements ... A Helvetic Airways operates wet-lease flights for SWISS ... Regarding the short hall aircraft, the obvious candidates are the Embraer E190 aircraft that SWISS wet leases from Helvetic Airways.
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