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Air Transport
BAMBOO AIRWAYS agreed to lease two 787-9s
By Stephen Costley
Nov 08, 2019
BAMBOO AIRWAYS agreed to lease two 787-9s from GECAS for delivery in December 2019.
Air Transport
URAL AIRLINES took delivery of new LEAP-powered A321-200neo
By Stephen Costley
Nov 08, 2019
URAL AIRLINES took delivery of new LEAP-powered A321-200neo (8955) on lease from GECAS (SPNWS; August 2).
Air Transport
LOGANAIR leased converted ATR 72-500F
By Stephen Costley
Nov 08, 2019
LOGANAIR leased converted ATR 72-500F (570; ex-Canary Fly) from Nordic Aviation Capital.
Air Transport
AIR ASTANA took delivery of its fifth (019) of five E190-E2s
By Stephen Costley
Nov 08, 2019
AIR ASTANA took delivery of its fifth (019) of five E190-E2s on lease from AerCap to gradually replace older E190s.
Air Transport
AEROMEXICO sold new GEnx-powered 787-9
By Stephen Costley
Nov 08, 2019
AEROMEXICO sold new GEnx-powered 787-9 (65092) to AerCap, and leased it back.
Air Transport
HI FLY MALTA acquired ex-Singapore Airlines A330-300
By Stephen Costley
Nov 08, 2019
HI FLY MALTA acquired ex-Singapore Airlines A330-300 (1453) with Trent 700s.
Air Transport
AIR CANADA ROUGE took delivery of ex-Interjet A320-200
By Stephen Costley
Nov 08, 2019
AIR CANADA ROUGE took delivery of ex-Interjet A320-200 (3149) with CFM56s on lease from MERLIN AVIATION
Air Transport
LEASING (Ireland) 9 Limited in deal arranged by AVIATION CAPITAL GROUP
By Stephen Costley
Nov 08, 2019
LEASING (Ireland) 9 Limited in deal arranged by AVIATION CAPITAL GROUP, which acts as servicer for the aircraft (SPNWS; November 1).
Air Transport
LUFTHANSA has converted firm orders for 14 Boeing 777-9s into options
By Stephen Costley
Nov 08, 2019
LUFTHANSA has converted firm orders for 14 Boeing 777-9s into options.
Air Transport
LUFTHANSA CARGO plans to phase out all of its ten Boeing MD-11Fs
By Stephen Costley
Nov 08, 2019
LUFTHANSA CARGO plans to phase out all of its ten Boeing MD-11Fs by the end of 2020. It will order two more Boeing 777Fs and operate a fleet of nine
Air Transport
AUSTRIAN is phasing out all 18 de Havilland Canada Dash 8-400s
By Stephen Costley
Nov 08, 2019
AUSTRIAN is phasing out all 18 de Havilland Canada Dash 8-400s by 2022 and will replace them with ten Airbus A320s.
Air Transport
AIRBUS delivered 77 aircraft
By Stephen Costley
Nov 08, 2019
AIRBUS delivered 77 aircraft (four A220s; three A320ceos; 56 A320neos; six A330s; eight A350s) in October vs 81 (two A220s; 19 A320ceos; 48 A320neos
Air Transport
AEROCENTURY reached forbearance agreement with MUFG Union Bank
By Stephen Costley
Nov 08, 2019
AEROCENTURY reached forbearance agreement with MUFG Union Bank after falling out of compliance with its revolving credit facility due to lease payment
Air Transport
AIRCASTLE agrees to be acquired by a new entity controlled by Marubeni and Mizuho Leasing
By Stephen Costley
Nov 08, 2019
AIRCASTLE agrees to be acquired by a new entity controlled by Marubeni and Mizuho Leasing for $2.4b. Deal expected to close in 1H 2020.
Air Transport
U.S. OFFICE OF FOREIGN ASSETS CONTROL (OFAC) on Nov. 7 announced a $210,600 settlement with Apollo Aviation Group
By Stephen Costley
Nov 08, 2019
U.S. OFFICE OF FOREIGN ASSETS CONTROL (OFAC) on Nov. 7 announced a $210,600 settlement with Apollo Aviation Group, now known as CARLYLE AVIATION
Air Transport
AIR TRANSPORT SERVICES GROUP earned $105m net profit in 3Q19
By Stephen Costley
Nov 08, 2019
AIR TRANSPORT SERVICES GROUP earned $105m net profit in 3Q19, vs $72m in 3Q18. Result reflects strong demand trends, robust fleet and insulation from
Air Transport
EMIRATES AIRLINE had AED862m in fiscal 2019/2020 1H net income
By Stephen Costley
Nov 08, 2019
EMIRATES AIRLINE had AED862m in fiscal 2019/2020 1H net income, nearly quadrupled vs AED226m in 1H FY2018/2019s. Overall Emirates Group net income
Air Transport
JAZEERA AIRWAYS had KWD16.1m 9M 2019 net profit
By Stephen Costley
Nov 08, 2019
JAZEERA AIRWAYS had KWD16.1m 9M 2019 net profit, up 90.2% vs. KWD8.5m in 9M 2018 period. Revenue rose 30% to KWD82.8m, operating profit increased 90.5
Air Transport
LUFTHANSA GROUP had €1.04b for 9M 2019
By Stephen Costley
Nov 08, 2019
LUFTHANSA GROUP had €1.04b for 9M 2019 vs €1.8b for 9M2018. 3Q19 net profit was €1.15b vs €1.1b in 3Q18.
Air Transport
LUFTHANSA GROUP subsidiary SWISS INTERNATIONAL AIR LINES had adjusted earnings before interest and taxes
By Stephen Costley
Nov 08, 2019
LUFTHANSA GROUP subsidiary SWISS INTERNATIONAL AIR LINES had adjusted earnings before interest and taxes of CHF490m for 9M2019 vs CHF549m in 9M2018.
Air Transport
CVC FUND VII completed acquisition of ONTIC, UK from BBA Aviation
By Stephen Costley
Nov 08, 2019
CVC FUND VII completed acquisition of ONTIC, UK from BBA Aviation for just under $1.4b. Ontic has >165 licenses for >7,000 parts and operates out of
Air Transport
TRIMAS AEROSPACE earned $19.7m on $43.1m sales in 3Q19
By Stephen Costley
Nov 08, 2019
TRIMAS AEROSPACE earned $19.7m on $43.1m sales in 3Q19 vs $7.7m on $40.9m in 3Q18.
Air Transport
INTERNATIONAL AIRLINES GROUP (IAG) agreed to acquire AIR EUROPA
By Stephen Costley
Nov 08, 2019
INTERNATIONAL AIRLINES GROUP (IAG) agreed to acquire AIR EUROPA, Spain for €1b; deal is expected to be completed in 2H20.
Air Transport
THOMAS COOK AIRLINES SCANDINAVIA has been acquired out of solvency
By Stephen Costley
Nov 08, 2019
THOMAS COOK AIRLINES SCANDINAVIA has been acquired out of solvency by an investment group that includes Strawberry Group, Altor Funda and TDR Capital
Air Transport
RYANAIR posted €1.15b net income for six months ended September 30
By Stephen Costley
Nov 08, 2019
RYANAIR posted €1.15b net income for six months ended September 30 (vs €1.15b a year ago) on 11% higher revenues.
Air Transport
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