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New Saudi lessor AviLease delivers first aircraft to flynas

New Saudi lessor AviLease delivers first aircraft to flynas

by Richard Schuurman | Nov 14, 2022 | Airlines, Lessors | 0 comments

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...
ALC expects booming market for widebody aircraft

ALC expects booming market for widebody aircraft

by Richard Schuurman | Nov 5, 2022 | Aerospace, Air Lease Corp, Lessors | 0 comments

Not just AerCap is optimistic about the prospects of the widebody aircraft market, but so is Air Lease Corporation (ALC). The US lessor is reading a strong recovery of the long-haul market that will be supported by upcoming sales, which could cover two years of...
AerCap bullish about demand as aircraft delivery delays continue

AerCap bullish about demand as aircraft delivery delays continue

by Richard Schuurman | Nov 3, 2022 | AerCap, Aerospace, Lessors | 0 comments

AerCap is raising its earnings per share for 2022 on the back of a strong third quarter and the year to date as the outlook for the fourth quarter looks strong. The world’s biggest lessor continues to see robust demand for air travel. Combined with the pressure on new...
Lessor DAE grows thanks to SKY Leasing deal

Lessor DAE grows thanks to SKY Leasing deal

by Richard Schuurman | Oct 10, 2022 | Aerospace, DAE, Lessors | 0 comments

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....
SAS expects to return to profitability in FY24

SAS expects to return to profitability in FY24

by Richard Schuurman | Sep 30, 2022 | Airlines | 0 comments

UPDATE Oct 5 – In an update of its Chapter 11 restructuring and financial outlook, SAS Scandinavian Airlines says it expects to return to reach an operating profit in its financial year 2024 and become net-debt free in 2026. Revenues should return to pre-Covid...
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