Avolon records $304 million impairment to cover 10 jets stuck in Russia
Dublin-based aircraft leasing company Avolon has recorded an impairment of $304 million related to 10 planes still stuck…
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Stay informed with the latest updates and deals on aircraft leasing in the aviation industry.
Russia to allow airlines to pay for aircraft leases in roubles throughout 2022
The Russian government has prepared a draft decree that could allow Russian airlines to pay for leased aircraft…
Malaysia Airlines to lease 25 B737 MAX 8 from ALC
Lessor Air Lease Corporation is placing 25 new Boeing 737 MAX 8 aircraft with Malaysia Aviation Group (MAG),…
Norwegian Air Shuttle adds two 737 MAX 8 leases as it rebuilds operation
Norwegian Air Shuttle is leasing two Boeing 737 MAX 8 aircraft as it rebuilds its operations. The budget airline said in a…
Spirit Airlines finalizes lease deals for 15 new Airbus aircraft
United States-based ultra-low-cost carrier Spirit Airlines (S64) (SAVE) inked a deal with aircraft leasing company Air Lease Corporation…
Virgin Australia to lease up to 9 Boeing 737s betting on domestic demand
Virgin Australia appears to have changed its plans about the Boeing 737 fleet reduction. The Australian air carrier…
Malaysian court releases seized PIA Boeing 777
A Malaysian court issued permission to release Pakistan International Airlines (PIA) Boeing 777, which was impounded at Kuala…