PR: Air Lease (NYSE: AL) (“Air Lease”) announced today that it has entered into a definitive agreement to be acquired by a new holding company based in Dublin, Ireland, whose shares are held by Sumitomo Corporation, SMBC Aviation Capital Limited,…
Less than four months since launching services on June 30, the new Norwegian low-cost airline Flyr is already announcing a logic shift in its fleet strategy. It has signed a Letter of Intent with Air Lease Corporation (ALC) for the lease…
Airbus has made a clean sweep at ITA, the replacement airline for Alitalia that starts services on October 15. Italia Trasporto Aereo signed an agreement with Air Lease Corporation (ALC) to lease 31 Airbus narrow- and wide-bodies. It signed an…
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UPDATE ALC – A dispute with Airbus over a quality issue on Qatar Airways A350s has entered a new stage. On explicit instruction of the Qatar regulators, the carrier has grounded thirteen A350s. CEO Akbar Al Baker wants Airbus to step…
UPDATE – German leisure airline Condor has selected the Airbus A330neo as the replacement for its aging Boeing 767-fleet. Condor will purchase sixteen A330-900s, of which nine will be leased. The Supervisory Board approved the fleet renewal plan on July…