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Buying or leasing? That’s the question

Leasing of aircraft has taken a jump. Yet airlines prefer to buy them outright too. Richard Schuurman looks at the trends. Over the half a century of airliner leasing it has been a booming business. “In 1970 a half of one percent of the world’s fleet was leased. In...

Alitalia fleet

Pity the traveler with a ticket on Alitalia.  Pity, even more, the firm that is doing business with the airline. CNBC has a good summary of the airline's financial woes. What happens if the airline is shut down?  At present 82% of the fleet is leased - so there's risk...

Spirit takes first A320neo delivery in the United States

Spirit Airlines accepted the first A320neo delivery in the United States with an aircraft on lease from AerCap. This is the first of five scheduled deliveries, with four additional options for Spirit. Ted Christie, Spirit’s Chief Financial Officer stated “ The...

Ethiopian Airlines Airbus A350 First Flight to Johannesburg

Ethiopian Airlines, in it's 70th year of operation, is fulfilling its company motto: "The New Spirit of Africa". It is the first African airline (and second Star Alliance airline), to receive an Airbus A350XWB (on lease from the AerCap). With the delivery on 29th June...