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…
Dublin-based lessor AerCap is seeing the purchase of US-competitor GECAS as a golden opportunity to strengthen its long-term future to the benefit of both customers and investors. The two lessors’ portfolios of aircraft leasing, engine leasing, and helicopters complement each…
Reuters reports another MAX order cancellation. Last month Boeing announced that it had 150 MAX cancelations to date. This latest one, from GE, is for another 69. GECAS has 29 MAX planes in its fleet and will maintain existing orders…
Boeing had little to add on the final day of the Paris Air Show, announcing no additional orders during the final press conference on June 20. With everything focussed on getting the MAX back in service, Boeing took a humble…
Leasing of aircraft has taken a jump. Yet airlines prefer to buy them outright too. Richard Schuurman looks at the trends. Over the half a century of airliner leasing it has been a booming business. “In 1970 a half of…
News out today from Bloomberg suggests the Indian carrier may have selected the 787 over the A330neo. This is potentially the third win in a row for Boeing. What may be going on behind the scenes that allowed Boeing to…