EUROPE opened an in-depth investigation to assess whether a German recapitalization measure of €6b for LUFTHANSA under the State aid COVID Temporary Framework in line with EU State aid rules; Lufthansa has submitted an appeal.
AIRBUS booked orders in June for 38 A321neos from UZBEKISTAN AIRWAYS (2) and an undisclosed customer (36). It booked orders for 327 aircraft in 1H24 (197 narrowbodies/130 widebodies) vs 1,080 (971 narrowbodies/109 widebodies).
AERCAP completed 246 transactions (162 lease agreements/47 purchases/37 sales) in 2Q24 vs 215 deals (124 lease agreements/32 purchases/59 sales) in 2Q23; it had 1,717 aircraft, >1,000 engines and >300 helicopters at end of March.