In her days as a factory-build aircraft, the Airbus A330 Freighter was never a success. But there seems a bright future for the type in the future as passenger to freighter (P2F) cargo planes. Elbe Flugzeugwerke in Dresden delivered the first…
The Indonesian Ministry of State-Owned Enterprises is investigating corruption with aircraft lease contracts and procurements at Garuda Indonesia. The investigation initially focuses on the purchase of Garuda’s thirteen ATR 72-600s, but the ministry suspects the involvement of other manufacturers as…
African airline Bestfly is the lessee of the first Embraer E190 offered by ACIA Aero Leasing, but it plans to grow the fleet by another four E190s by 2025. The jets are the first in the carrier’s fleet and are…
Air Lease Corporation (ALC) is currently unable to ‘reasonably estimate’ the impact of the Covid-19 crisis on its business, operational results, and financial position for the foreseeable future, the US-lessor reported in its Q1-results on May 7. The company is…
Korean Air announced plans to order 10 787-9 and 10 787-10 aircraft from Boeing at the Paris Air show, and will lease an additional 10 787-10 aircraft from AirLease corporation. This represents 20 new orders for Boeing, valued at $6.3…
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