The Directorate General of Civil Aviation (DGCA), the Indian aviation watchdog, is to streamline regulations for Indian airlines to wet lease aircraft to boost their operations. The new streamlined rules will entail enhanced oversight of the leased aircraft. There are…
Avolon, a leading global aviation finance company, announces an agreement to acquire Castlelake Aviation Limited (‘CA Ltd’), an entity managed by Castlelake L.P., the global alternative investment manager. CA Ltd.’s total assets as of 31 March 2024 were $5.0 billion,…
SMBC Aviation Capital announced that the leasing company has converted options for 22 A320neo family aircraft into firm orders. This follow an initial order for 20 aircraft in 2021, bring the lessor’s total commitment to 42 additional firm A320neo family…
Aercap is the largest aircraft lessor, giving it a role as industry bellwether. “AerCap continued its strong performance during the first quarter. Our business is performing very well, and the demand for our aviation assets remains robust,” said Aengus Kelly,…
Air Lease reported 4Q23 EPS of $1.89, +68% above the consensus of $1.12. “Fourth quarter and full-year performance at ALC was very strong. With the exception of the benefit of tax reform in 2017, we achieved record revenues and profits…
AerCap is the world’s largest aircraft leasing company , and when its CEO, Aengus Kelly, speaks, the industry pays attention. This week, he had some strong words for Boeing, stating that Boeing’s financial targets must “take a back seat” and…