Akasa Air, India’s fastest-growing airline, recently welcomed two Boeing 737 MAX 8 aircraft to its growing fleet. With this, the airline exited the calendar year 2023 with a fleet size of 22 aircraft, including 21 Boeing 737 MAX 8 and one Boeing 737 MAX 8 200, the first of its kind in Asia. Havi...

AIP Capital, a global aviation asset management and investment firm, announces the closing of an LP investment in a VIG Partners fund which holds a control investment in Korean low-cost carrier, EastarJet, and placement of five new Boeing 737 MAX 8 aircraft. Two aircraft delivered to EastarJet in...

Norwegian has signed a Letter of Intent (LOI) with Air Lease Corporation (ALC) to lease six Boeing 737 MAX 8 aircraft which are in addition to the three 737 MAX 8 aircraft which Norwegian previously agreed to lease from ALC of which one has already been delivered to Norwegian. The aircraft are to...

BOC Aviation Limited has announced that it has delivered the final aircraft of a seven new Boeing 737 MAX 8 aircraft transaction to Turkish Airlines. The aircraft is powered by CFM LEAP-1B engines. “This delivery reflects the strong level of cooperation that we enjoy with Turkish Airlines, b...

In May, Norwegian and Boeing announced an agreement in principle for the purchase of 50 Boeing 737 MAX 8 aircraft with options for another 30 aircraft. Today, Norwegian announced that the various closing conditions related to agreement have been met. Following this, Norwegian estimates that it...

Norwegian Air Shuttle ASA has reached an agreement in principle with Boeing for a recommitment to purchase 50 Boeing 737 MAX 8 aircraft. The agreement also includes options for an additional 30 aircraft. The 50 aircraft are due to be delivered between 2025 and 2028, at a schedule closely corre...

Norwegian has a long-standing relationship with AerCap, the world’s largest aviation leasing company. The signed lease agreements also include eight Boeing 737-800 NG, which are part of the 70 aircraft fleet operational for the summer 2022 season. With these additions, Norwegian will have a ...

Today, Flair Airlines continues its rapid growth with the announcement it intends to lease 14 additional Boeing 737 MAX 8 aircraft. The ultra low-cost carrier’s fleet will grow to 30 aircraft by mid-2023. Canada’s everyday low-fare airline has 12 aircraft in service and will have 20 aircra...

Norwegian continues to selectively grow its aircraft fleet, and the company has announced that it has entered into agreement to lease two Boeing 737 MAX 8 aircraft. “This agreement is an important step in Norwegian’s plan to build an efficient and modern fleet for the future,” said Geir Kar...

Novus Aviation Capital, today announced it has completed the sale and leaseback of two Boeing 737 MAX 8 aircraft, carrying a list price of over USD 240 million,  with flydubai. The two aircraft were delivered to flydubai at the end of June 2021. Commenting on the transaction, Ghaith Al Gh...

Dubai Aerospace Enterprise (DAE) Ltd. today announced it had substantially completed the agreement with American Airlines signed in the third quarter of 2020 to deliver 18 new Boeing 737 MAX 8 aircraft. Firoz Tarapore, Chief Executive Officer of DAE said: “This transaction reflects our agil...

Canadian low-cost carrier Sunwing Airlines will operate all routes during the coming winter season without the Boeing 737 Max 8 aircraft which remains grounded. The new schedule comes into effect on 5 November 2019 and runs through until mid-May 2020. The airline's main bases are in Montreal and...

SpiceJet has reported its profit soared by a massive 788 per cent in the first quarter of 2019, on the back of increasing capacity and demand. The Indian carrier’s net profit came in at INR 261.7 crore (US$36.6 million) and total income of INR 3,145.3 crore for the quarter ending June 2019, as...

Air Canada has reported a rise in profits in the second quarter (Q2) despite the negative impact of the grounding of its Boeing 737 Max fleet which it is to keep on the tarmac until January. The airline also revealed it will be removing the 24 Boeing 737 Max from its schedule until at least 8 Ja...

Southwest Airlines has reported a record second quarter net income of $741 million – which came despite the negative impact on business due to the grounding of its Boeing 737 Max fleet. The airline also said it achieved record operating revenues of $5.9 billion, a 2.9 per cent rise on the same...