Latest News for: Aircraft leasing

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S7 A321 Unable To Taxi Off The Runway In Novy Urgengoy

Simple Flying 06 May 2021
The aircraft was stuck in Novy Urengoy Airport in the Yamalo-Nenets autonomous region ... The aircraft landed safely and slowed down without issue but could not get off the runway due to technical issues ... The aircraft involved in the incident, registration VQ-BQK, pictured here ... In 2013, S7 Airline leased the aircraft and has been flying it ever since.
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Dubai Aerospace Enterprise reports 7.1 % lease revenue growth in Q1'21

Urdu Point 05 May 2021
US$2,693.0 million) • Commenting on the results, Firoz Tarapore, Chief Executive Officer of DAE, stated, "We saw a robust level of business activity in Q1 2021 in both our Aircraft Leasing and Engineering divisions ... in lease revenue driven by net additions to our owned portfolio.
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DAE Q1 profit before tax sees 70pc drop at $25m

Gulf Daily News 05 May 2021
“We saw a robust level of business activity in Q1 2021 in both our aircraft leasing and engineering divisions ... He said DAE’s aircraft leasing division recorded sequential growth in lease revenue driven by net additions to its owned portfolio.
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Dubai Aerospace reports 12% drop in first quarter revenue

Gulf News 05 May 2021
“We saw a robust level of business activity in 2021 in both our aircraft leasing and engineering divisions,” said Firoz Tarapore, Chief Executive Officer of DAE. “Revenue at DAE’s Engineering division hit a record high, and DAE’s Aircraft Leasing division recorded sequential ...
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Soon To Be Extinct: The Airbus A340-500

Simple Flying 05 May 2021
When this ends later this month, there are currently no more scheduled routes by the aircraft ... This is the result of only one remaining active aircraft ... A very niche aircraft ... In addition, a raft of other carriers used the aircraft on a short-term and wet lease basis from aircraft, crew, maintenance, and insurance (ACMI) provider HiFly.
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Atlas Air Worldwide Reports Strong First-Quarter 2021 Results

Tyler Morning Telegraph 05 May 2021
We flexed our global network and increased aircraft utilization to match airfreight demand ... Airline Operations and Dry Leasing. Previously, our operating and reportable segments were ACMI, Charter and Dry Leasing ... 1 Average of All Operating Aircraft excludes Dry Leasing aircraft, which do not contribute to block-hour volumes.
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Sun Country Airlines Reports First Quarter 2021 Results

Tyler Morning Telegraph 05 May 2021
On April 22, the Company received an additional $4.8 million true-up of the PSP-2 grant programContinued focus on reducing aircraft ownership costs by purchasing five aircraft previously on operating leases at Sun Country ... A sixth aircraft was purchased off lease in the second ...
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DHL Repositions Its Boeing 757 Whose Door Opened In Flight To Budapest

Simple Flying 05 May 2021
The aircraft made its way from Leipzig/Halle Airport to Budapest yesterday, likely to undergo further repairs ... The aircraft, registration G-DHKZ, is the same plane that suffered a midflight door opening in mid-February ... Due to this increase, DHL has leased dozens of aircraft to keep up with requests and operates a full schedule.
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Purolator enhances air network as demand for express shipping continues to rise

The Philadelphia Tribune 05 May 2021
Chorus provides a full suite of regional aviation support services that encompasses every stage of an aircraft's lifecycle, including aircraft acquisitions and leasing; aircraft refurbishment, engineering, modification, repurposing and preparation; contract flying; and aircraft and component maintenance, disassembly, and parts provisioning.
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Monthly Return of Equity Issuer on Movements in Securities for the month ended 30 April 2021 (CALC - China Aircraft Leasing Group Holdings Ltd)

Public Technologies 05 May 2021
). Monthly Return of Equity Issuer on Movements in Securities. For the month ended. (dd/mm/yyyy) .30/04/2021. To . Hong Kong Exchanges and Clearing Limited. Name of Issuer. China Aircraft Leasing Group Holdings Limited. Date Submitted. 5 May 2021. I. Movements in Authorised Share Capital. 1. Ordinary Shares ... 1848 ... CALC - China Aircraft Leasing Group Holdings Ltd.
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BreakingviewsLong-suffering GE shareholders flex muscle on pay

Reuters 05 May 2021
Executive pay often resembles a ratchet, only going in one direction. up. Shareholders of General Electric (GE.N) on Tuesday rebelled ... He sold a biopharma unit for $21 billion, divested lightbulbs, reduced the firm’s stake in oil-services company Baker Hughes (BKR.N), and agreed to merge GE’s aircraft-leasing business with specialist AerCap (AER.N).
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Marathon Oil Reports First Quarter 2021 Results

Tyler Morning Telegraph 05 May 2021
SAFETY ... The adjustments to net income for first quarter 2021 totaled $69 million, primarily due to the income impact associated with unrealized losses on derivative instruments, gain recorded in respect of forward starting interest rate swaps, corporate aircraft lease termination expense, and severance expenses associated with a workforce reduction.
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Where Did Monarch’s Aircraft End Up After Its Collapse?

Simple Flying 04 May 2021
In the short term, its A321s returned to the following aircraft leasing companies. AerCap AerGen Leasing Apollo Aviation Archway Aviation Aviation Capital Group (ACG Avolon Castlelake Jackson Square Aviation (JSA) The A321 was Monarch’s most numerous aircraft when it folded.
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Aviation Capital Group Adds First A220 to its Portfolio

The Marshall News Messenger 04 May 2021
Aviation Capital Group LLC (“ACG”), a leading aircraft asset manager, announced the delivery of one new Airbus A220-300 aircraft on long-term lease to airBaltic. This aircraft is ACG’s first A220 and the first of four A220-300 aircraft to be leased by ACG to airBaltic as part of a sale and leaseback transaction between ACG and the airline.
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Armed forces use lease route to cut red-tape, stay prepared for adversaries

Hindustan Times 04 May 2021
Faced with a northern neighbour who is constantly inducting stand-off weapon systems like weaponized drones, nuclear powered submarines, fifth generation aircraft and large warships, the leasing system at least allows the Indian armed forces to be prepared for future wars.

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