Gulf airlines continue to face heavy disruption, while U.S. carriers deal with a fuel cost surge and must compete against largely hedged European airlines.
AerCap has placed a firm order for 23 A320neos and 77 A321neos, partly by exercising 45 options, and secured long-term leases with CFM for 48 Leap-1A engines.
Industry consolidation accelerates as Dubai Aerospace Enterprise agrees to buy Macquarie AirFinance, expanding DAE’s fleet to more than 1,000 aircraft.
Airlines operating new-technology fleets will need more aircraft than previous generations to account for increased downtime, AerCap CEO Aengus Kelly said.
Thai Airways has taken delivery of the first of 32 Airbus A321neos, marking another step in the airline’s broader fleet and network modernization program.
Dubai Aerospace Enterprise, launched 20 years ago with diverse goals, now focuses on aircraft leasing and MRO, but it might revisit its wider original vision.
As it proceeds through its latest Chapter 11 restructuring, Spirit Airlines unveils new financing agreements and plans to reject over two dozen aircraft leases.
Steven Udvar-Házy, famous for creating aircraft leasing, has made important moves at the right time twice. In selling ALC, he may have the timing right again.
Spirit Airlines intends to double down on certain efforts as it reenters restructuring less than six months after emerging from its last reorganization.
Lessor Azorra’s focus on the small narrowbody jet sector has recently been boosted through buying a portfolio of 49 Embraer E-Jets from Dubai Aerospace Enterprise (DAE).
