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AerCap concerned about new-engine reliability

The world’s biggest lessor, AerCap, is concerned about the reliability of the latest generation of engines. Powerplants need to be removed from the wing for maintenance, repair, and overhaul much sooner than expected. In the current environment of supply chain...

AerCap takes $2.4 billion net charge on aircraft in Russia and Ukraine

Lessor AerCap has taken a $2.4 billion net charge on aircraft that are still in Russia and Ukraine since February, it said on May 17. The charge is for 113 aircraft and eleven engines that are unlikely to be repossessed. AerCap takes $2.4 billion net charge on...

AerCap to make impairment on aircraft ‘lost’ in Russia

UPDATE - AerCap, the world’s largest leasing company, expects to recognize an impairment on its assets leased to Russian airlines that have not been returned following the sanctions on Russia. The exact amount hasn’t been determined, but the impairment will be...

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...

AerCap takes $2.4 billion net charge on aircraft in Russia and Ukraine

AerCap takes $2.4 billion net charge on aircraft in Russia and Ukraine

May 17, 2022 | AerCap, Aerospace

Lessor AerCap has taken a $2.4 billion net charge on aircraft that are still in Russia and Ukraine since February, it...

AerCap to make impairment on aircraft ‘lost’ in Russia

AerCap to make impairment on aircraft ‘lost’ in Russia

Mar 30, 2022 | AerCap, Aerospace

UPDATE - AerCap, the world’s largest leasing company, expects to recognize an impairment on its assets leased to...

Buying or leasing? That’s the question

Dec 17, 2018 | AerCap, Air Asia, Air Lease Corp, Airbus, Airlines, ALAFCO, American Airlines, Avolon, BOC, Boeing, Bombardier, CDB Leasing, China Aircraft Leasing Group Holdings Ltd, China Development Bank Leasing, COMAC, DAE, Delta Air Lines, Embraer, Frontier, GECAS, ILFC, KLM, Lessors, Mitsubishi, Norwegian Air, Volaris, Wizz Air

Leasing of aircraft has taken a jump. Yet airlines prefer to buy them outright too. Richard Schuurman looks at the...

Alitalia fleet

May 9, 2017 | AerCap, Air Lease Corp, Alitalia, CIT, Lessors

Pity the traveler with a ticket on Alitalia. Pity, even more, the firm that is doing business with the airline. CNBC...

Spirit takes first A320neo delivery in the United States

Oct 12, 2016 | AerCap, Aerospace, Airbus, Airbus A320 NEO, Pratt & Whitney, Spirit

Spirit Airlines accepted the first A320neo delivery in the United States with an aircraft on lease from AerCap. This...

Ethiopian Airlines Airbus A350 First Flight to Johannesburg

Jul 25, 2016 | AerCap, Airbus, Airbus A350xwb, Carbon Fiber, Ethiopian Air, Pilot Training, Rolls-Royce, Star Alliance

Ethiopian Airlines, in it's 70th year of operation, is fulfilling its company motto: "The New Spirit of Africa". It is...

That bubble keeps building

May 19, 2016 | AerCap, Air Lease Corp, Airbus, ALAFCO, BOC, Boeing, CDB Leasing, China Aircraft Leasing Group Holdings Ltd, China Development Bank Leasing, CIT, GECAS, Lessors

The huge backlogs Airbus and Boeing have for single aisle aircraft are well known. Both firms have backlogs of about...

BOC Aviation – Bucking Lessor Trends in Engine Selection?

Mar 19, 2015 | AerCap, Air Lease Corp, Airbus, BOC, CFM International, CIT, GECAS, International Aerospace

On March 13th, Bank of China Aviation made an announcement that it had selected IAE V2500 engines for an order for 12...