AerCap has seen continued strong demand for lease extensions of current-generation aircraft as deliveries of new-technology aircraft are delayed by supply chain issues. Eighty percent of the 134 lease agreements signed in Q3 have been for extensions. According to CEO…
Boeing continues taking new MAX orders this week, with lessor SMBC Aviation Capital signing up for 25 incremental MAX 8s on Tuesday. The aircraft will be delivered in 2028 and 2029. The latest order brings the total backlog of the Dublin-based…
Air Lease Corporation (ALC) Chairman Steven Udvar-Hazy is still not convinced that the market really needs the passenger version of the Boeing 777X. The operating costs per seat of the big twin-jet are higher and the 787-10 is doing better.…
AerCap has agreed to settle its insurance claim over seventeen airliners and five engines that are still in Russia. The lessor will receive $645 million for the assets, that were on lease to Aeroflot and Rossiya but which they refused…
Another lessor order confirmation today, this time for Boeing. Aviation Capital Group (ACG) finalized an order for thirteen MAX aircraft, including seven MAX 8s and six MAX 10s, the two companies said on September 5. Boeing nor ACG disclosed further details…
Lessor Avolon has confirmed a Memorandum of Understanding previously announced in June for twenty Airbus A330neo’s, with most of them believed to be for the larger A330-900. Avolon has also converted options on fifty A320neo’s into A321neo’s, it said on September…