Singapore-based lessor BOC Aviation has secured long-term delivery slots with Airbus by ordering A320neo family aircraft that will be delivered between 2027 and 2029. With the A320neo family sold out until 2027, BOC has at least safeguarded delivery positions for its...
Aircraft insurance rates have surged, following the situation with aircraft confiscated and nationalized by the Russian authorities. Robert Martin, managing director and CEO of BOC Aviation, told the CAPA Aviation Leader Summit in Manchester that the effect is already...
Norse Atlantic Airways is delaying its first services until June, citing uncertainties in international air travel that have been caused by the war in Ukraine. The Norwegian start-up now plans to launch ticket sales to the US in April, it said in an update on March...
UPDATE – Lessor BOC Aviation said that eighteen aircraft with a book value of $935 million may be affected by the sanctions on Russia. It is too early to say if this means that it won’t be able to repossess these aircraft, but every option must be taken into...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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