Tag: lease

Willis Lease Finance Corporation closes on third JOLCO deal

Willis Lease Finance Corporation, the lessor of commercial aircraft engines and global provider of aviation services, announced today the closing of its third engine-backed Japanese operating lease with call option (“JOLCO”), a US$21 Million financing with a 5.0% interest loan maturing in March ...

Air Lease Corporation announces lease placement of two new Boeing 737-8 aircraft with LOT Polish Airlines

Today, Air Lease Corporation announced long-term lease placements for two new Boeing 737-8 aircraft with LOT Polish Airlines. Both aircraft are scheduled to deliver to LOT in mid-2024, and will add to the 11 Boeing 737-8s and one 787-9 Dreamliner aircraft already on lease from ALC. “We are p...

BOC Aviation signs finance leases with Indigo for 10 Airbus A320NEO aircraft

BOC Aviation Limited has announced that it has entered into a finance lease transaction involving ten Airbus A320NEO aircraft with IndiGo. The aircraft are all powered by CFM LEAP-1A engines. All ten aircraft are scheduled for delivery in 2023. Steven Townend, Deputy Managing Director and Chie...

Air Lease Corporation to lease five Boeing 737 aircraft with Royal Air Maroc

Today Air Lease Corporation announced long-term lease contracts for five Boeing 737 aircraft with Royal Air Maroc (RAM), including four new Boeing 737-8s and one Boeing 737-800. The new aircraft are scheduled to deliver to the Moroccan flag carrier in 2024 from ALC’s order book with Boeing. ...

AerCap Announces Lease Placement of Three Embraer E195-E1 Aircraft with Airlink

AerCap Holdings N.V. today announced lease placements with Airlink, the largest regional airline in Southern Africa, for three used Embraer E195-E1 aircraft. The first aircraft was delivered in March, while the second and third aircraft are scheduled for delivery in July 2023. "We are very pl...

Avolon Supports Salamair Fleet Expansion with Agreement to Lease Three Airbus A330neos

Avolon, the international aircraft leasing company, has announced a firm commitment to lease three Airbus A330neo aircraft to SalamAir, Oman’s value-for-money airline. A letter of intent was signed at the Paris Air Show on 19 June 2023, and the first delivery is expected to be in October 2023. ...

Aeroflot has confirmed the purchase of 10 Boeing 777 jets

The national airline of Russia, Aeroflot, has acquired 10 stranded Boeing 777 aircraft from Irish leasing companies. Aeroflot stated in a statement received by the Russian state-owned news agency TASS on December 30, 2022 that the 10 Boeing 777-300ERs, "which had been under financial lease from a...

Air Astana Signs Agreement on Lease for Three Boeing 787-9 Dreamliner

Air Astana, Kazakhstan’s flag carrier, has signed an agreement with Air Lease Corporation for the long-term lease of three new wide-body Boeing 787-9 Dreamliner. The leased aircraft are scheduled to begin arriving from the first half of 2025. Peter Foster, President and Chief Executive Offic...

Wings announces aircraft acquisitions

Wings announces aircraft acquisitions

Wings Capital Partners LLC has announced the purchase of two narrowbody commercial aircraft, adding one Boeing 737-8 MAX aircraft and one Airbus A321-200 aircraft to its portfolio. This transaction, coupled with other recent acquisitions, has added seven narrowbody aircraft to the Wings portfolio...

ITA Airways firms up order for 28 Airbus aircraft

ITA Airways, Italy’s new national carrier, has firmed up an order with Airbus for 28 aircraft, including seven A220s, 11 A320neos and 10 A330neos, the latest version of the most popular A330 widebody airliner. The order confirms the Memorandum of Understanding announced on 30th September 2021. ...

Norwegian enters into agreement to lease two Boeing 737 MAX 8 aircraft

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...

Lithuanian Airports announces tender for aviation fuel infrastructure lease

Lithuanian Airports are launching an international tender to lease the existing fuel storage facilities at Vilnius and Palanga airports for ten years to manage the existing infrastructure as efficiently as possible. According to Dainius Ciuplys, Head of the Operations and Infrastructure Departmen...

TrueNoord leases ATR72-600 to Silver Airways

Image: Matt Hefferon Airspotterone TrueNoord, the specialist regional aircraft lessor, has signed a long-term operating lease with Silver Airways for an ATR72-600. The turboprop entered Silver Airways’ fleet at the end of May and is flying in Silver’s network within the southeast United St...

Kuwait’s ALAFCO secures $78.9mln financing

By Staff Writer, ZAWYA Kuwait’s Aviation Lease and Finance Company (ALAFCO) has secured a short-term loan of $78.9 million from banks for operating requirements, the company said on Tuesday. The company, formerly the aircraft leasing arm of Kuwait Airways before it was acquired by the...

Lead operator AIPUT completes two new lease transactions at Heathrow

Aberdeen Standard Investments’ AIPUT fund (Airport Industrial Property Unit Trust) has today announced the completion of two new lease transactions at Airport Gate, Heathrow, with Automania Garage Services (AGS) and PRS Distribution together totalling nearly 100,000 sq.ft. Now responsible for almo...

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