Kuwaiti lessor ALAFCO will ask for shareholder approval in a special general meeting on December 27 to sell a significant part of its aircraft portfolio to Macquarie AirFinance Group. The transaction, which helps to improve the lessor’s financial position, has been…
Dublin-based Japanese lessor SMBC Aviation Capital expects to close the acquisition of Goshawk Aviation in the coming weeks. SMBC announced the acquisition in May and said then it would be closed in the second half of the year. SMBC will pay $6.7…
UPDATE – New Saudi Arabian aircraft lessor AviLease has delivered its first two aircraft to an airline customer. Saudi low-cost carrier flynas took delivery of its first two Airbus A320neo’s, with ten more to follow this year and in 2023.…
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AerCap is raising its earnings per share for 2022 on the back of a strong third quarter and the year to date as the outlook for the fourth quarter looks strong. The world’s biggest lessor continues to see robust demand…
While there are clear indications that the air freight market is cooling down from record levels in 2020-2021, this doesn’t seem to have an impact on the market for full freighters. After Wednesday’s firm order from Cargolux for ten Boeing 777-8Fs,…