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May 20, 2024
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Italians have a new airline, well a new name at least. This is what the fleet looks like at the start of the ITA Airways’ journey. All the aircraft listed are ex-Alitalia and should be delivered on October 21. As we can see several are parked and need to be reactivated.

In terms of fleet age, the next table lists the ages of the various models. The A319-112s are aging fast and will almost certainly be the focus of the A220s to come. Similarly, the A320-214s are in need of replacing by the forthcoming neos.  The A330-200 are still young and there should be less pressure to replace those.

Next, we see which of the lessors is involved with ITA Airways. Air Lease Corporation (ALC) will be the preferred lessor going forward. As we see below, ALC’s role at present is limited.  The future fleet plan is clearly a close collaboration between Airbus and ALC.

Finally looking at the fleet age by lessor, we can see who might be losing revenues to ALC as the new aircraft join the fleet.

ALC is currently on the “right” side here with relatively young A330s. Note the oldest aircraft are those listed under Owned, which seems to help the current lessors.  The Owned column is likely to see replacement first. The other lessors still stand to benefit as the airline is ambitious. Its fleet demands might be better yet be better met by other lessors than ALC. Although ALC is the preferred lessor, it might not have the ideal solution for every requirement.

author avatar
Addison Schonland
Co-Founder AirInsight. My previous life includes stints at Shell South Africa, CIC Research, and PA Consulting. Got bitten by the aviation bug and ended up an Avgeek. Then the data bug got me, making me a curious Avgeek seeking data-driven logic. Also, I appreciate conversations with smart people from whom I learn so much. Summary: I am very fortunate to work with and converse with great people.

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