Leasing

How MRO will be impacted by the growing aircraft engine market?

Recent reports state that the aircraft engine segment will continue growing throughout the decade. According to Enginestands.com, an engine stands and aircraft tooling rental company, this will not on...


Alliance leases two Dornier 228s from HAL to boost regional ops

Alliance Air leases two Dornier 228s to aid regional air connectivity in Arunachal Pradesh....


GOL to acquire 250 VA-X4 eVTOL aircraft for Brazil ride-sharing network

GOL signs a deal with Avolon and Grupo Comporte to acquire 250 eVTOL aircraft....


Chinese lessor CALC increases first-half operating profit

Lessor CALC increased operating profit in the first half of 2021 and said it was seeing signs of recovery in the industry....


Cost-cutting in engine maintenance: the effect of COVID-19

As the aviation industry has experienced one of the biggest crises in recent history, companies have had to adapt to stay in the business. With many airlines re-profiling from PAX to cargo carriers, a...


Lessor loses patience: AirAsia X sued for $23 million

Airline leasing company BOC Aviation has filed a claim at the London court against AirAsia X and its wholly-owned subsidiary AXX Leasing Two for $23 million, claiming outstanding liabilities. The filed lawsuit for alleged breach of a contract among the companies might highly affect the airline’s financial stability as travel restrictions have already hit AirAsia X hard.  ...


AerCap reports a drop in Q2 2020 lease agreements

Global aircraft lessor AerCap has reported a drop in Q2 2020 lease agreements totaling only 10 aircraft, a 38 aircraft decrease when compared to Q2 2019.10 aircraft leased included one widebody and 9...


European aviation: bankruptcy season is around the corner

The failures of WOW Air and Aigle Azur that European market saw in 2019 are unlikely to mark the end of the bankruptcy season in the continent, lessors believe. In a panel discussion at AIR Convention Europe 2019, Marian Pistik, the head of asset management at International Airfinance Corporation and Rob Watts, the CEO of Aerotask have exchanged views on what is there to come for the market in the near future. ...


Baltia loses $22.6 million lawsuit to Logistic Air

USGlobal Airways, formerly known as Baltia Airways, was sentenced to pay $22.6 million reparation to Logistic Air after a breach of contract....


Aeroflot Group to lease 3 Sukhoi Superjet 100

On October 27, 2017, the Aeroflot Group announced its plan to lease three new Sukhoi Superjet 100 regional planes. ...