Tag: wet-lease

airBaltic to Temporarily Wet-Lease Additional Aircraft for Early Summer Season

The Latvian national airline airBaltic announces that in the period of March 27 and May 31, 2023 it will temporarily wet-lease additional aircraft short-term. Such conditions have arisen as a result of the manufacturer’s inability to fulfill the obligations of engine maintenance in a timely man...

airBaltic to Wet-lease Four Aircraft for the Summer Season 2023

The Latvian national airline airBaltic announces that during the summer season of 2023 it will wet-lease four additional aircraft short-term – to meet the increasing passenger demand and ensure a successful performance of planned flights. To support these efforts, a partnership with the leading...

airBaltic wet leases one Ukraine International Airlines aircraft

Latvian airline airBaltic announces that it has agreed to wet lease one Ukraine International Airlines Boeing 737-900ER aircraft. Aircraft and its crew will perform flights within airBaltic network short term starting from May 1, 2022. Martin Gauss, airBaltic Chief Executive Officer: “Ukrain...

Commercial aircraft leasing market to record USD 14.50 Bn growth

The global commercial aircraft leasing market has the potential to grow by USD 14.50 billion between 2020 and 2025. The market observed a year-over-year growth of 8.71% in 2021. However, the growth momentum is expected to decelerate at a CAGR of 9% during the forecast period. The report pro...

EU drops restrictions on wet lease services of US crewed aircraft

EU drops restrictions on wet lease services of US crewed aircraft

European Union (EU), Norwegian, and Icelandic officials have scrapped restrictions on foreign airlines leasing aircraft and crews from US carriers- after signing an agreement that allows US carriers to seek wet lease services to European carriers. The U.S. Transportation Department in a statemen...

Ariana Afghan Airlines looking to expand network and fleet

Ariana Afghan Airlines looking to expand network and fleet

Ariana Afghan Airlines is looking to source a wet-lease operator which it can use to fly into Frankfurt and is also targeting a new route to Guangzhou, China as it looks to expand its operations. Speaking at Airline yesterday (28 March) in Canary Wharf, London, the carrier's quality assurance di...

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