UPDATE – New Saudi Arabian aircraft lessor AviLease has delivered its first two aircraft to an airline customer. Saudi low-cost carrier flynas took delivery of its first two Airbus A320neo’s, with ten more to follow this year and in 2023. New Saudi lessor...
Lessor Dubai Aerospace Enterprise (DAE) has grown its portfolio by 36 aircraft by acquiring SKY Fund I from leasing asset manager SKY Leasing. The acquisition includes new-technology Airbus and Boeing aircraft, for which DAE itself has no current orders in backlog....
Hong Kong-based lessor CALC is accelerating its strategy to capture a bigger market of overseas, non-Chinese customers and benefit from the strong recovery. The company has also entered the emerging passenger-to-freighter market, with work on the first aircraft...
The world’s biggest lessor, AerCap, is concerned about the reliability of the latest generation of engines. Powerplants need to be removed from the wing for maintenance, repair, and overhaul much sooner than expected. In the current environment of supply chain...
Air Lease Corporation announced its second quarter 2022 results today, with revenues up 13.4% and pre-tax income up 26.4% over 2021. The write-off of the Russian fleet in the first quarter in the wake of US imposed economic sanctions during the Ukraine war amounting...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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