INDIGO agreed to sell four LEAP-powered A320neos to investors advised JP Morgan Global Alternative’s Global Transportation Group for leaseback; aircraft, to be delivered in January/February '24, will be managed by Avionix, Dublin.
JACKSON SQUARE AVIATION signed 49 lease agreements in 2023; it also acquired 32 aircraft/sold 11 and ended year with owned/managed/committed fleet of 269 aircraft (79% narrowbodies) on lease to 61 airlines in 29 countries.
RYANAIR had €15m net profit on €2.7b revenues for third quarter ended Dec 31 vs €211m on €2.3b a year ago; yields were softer than previously expected due to lower pricing in response to removal of flights from OTA Pirate websites.
CDPQ, Canada teamed with SMBC AVIATION CAPITAL to create US$1.5b aircraft financing/leasing platform to operate under name MAPLE AIRCRAFT COMPANY to target an initial deployment of US$500m per year over next three years.
With leasing demand still going strong—as illustrated by Turkish Airlines’ latest deal with DAE for 10 Boeing 737-8s—two new leasing ventures have emerged.
A weak or failed Spirit is just as much a threat to price-conscious consumers’ ability to fly and enjoy low fares as a merger with JetBlue Airways would be.
The TP-R90, a recuperative turboprop designed for light aircraft, ran on gaseous hydrogen; Turbotech and Safran will switch to liquid hydrogen later this year.
South Africa's government gave up a stake in the flag carrier in 2021 after it added debt and went into bankruptcy, but the airline has been in rebuild mode.
Ryanair CEO Michael O’Leary said the airline would be happy to take over MAX delivery slots from United if the U.S. carrier wants to delay or cancel them.
The architecture may help keep the engine’s power to the minimum specification, as opposed to oversizing the engine to cope with marginal phases of working.
American Airlines has received tentative approval to launch nonstop service between New York JFK and Haneda Airport, while Hawaiian is stopping night flights to the Tokyo airport.
The Aviation Environmental Labeling Scheme is being developed to give passengers standardized information about the environmental impact of their EU flights.
The U.S. is ordering the Aeromexico-Delta Air Lines transborder joint venture be wound down after recent "anticompetitive" actions by the Mexican government.
Our Route Opportunities feature explores the latest unserved and underserved routes promoted through Routes 360, providing supporting information for airline network planners to consider and capitalise on.
