Jetstar Airways plans to expand its New Zealand network next year, launching flights from Sydney and Gold Coast to Hamilton and from Gold Coast to Dunedin.
At first sight, it seems an odd decision: Why introduce a single example of a different aircraft type into your fleet, with all the potential complexities that could arise?
AIRBALTIC has 3-year wet-lease contract extension to operate scheduled flights for Lufthansa Group starting in summer 2205; deal calls for deployment of up to 21 A220s in summer and five in winter at various hubs in the Lufthansa network.
AVOLON agreed to acquire CASTLELAKE AVIATION and its $5b portfolio of 105 aircraft on lease, commitments for 13 new-technology aircraft, two engines on lease, and nine loans; portfolio is 68% narrowbody aircraft/70% new technology.
Lufthansa Group is expanding its wet-leasing with airBaltic and has signed a three-year agreement with Brussels Airlines for four A220-300s starting in 2025.
Avolon will buy the aircraft leasing unit of alternative investment manager Castlelake for an undisclosed sum in a deal that will add 118 jets to its fleet.
As Airbus gears up for the first flight of a high-aspect-ratio, morphing-wing aircraft in 2026, engineers are working on accompanying measurement techniques.
