GOAL, a prominent aircraft leasing and asset management company based in Germany, has welcomed Vicente Alava Pons as its new Managing Director. This leadership change reflects GOAL’s commitment to advancing its strategic objectives and enhancing its position in the aviation leasing sector.
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China Southern Airlines has announced a significant financial turnaround with a net profit of $447 million for the third quarter of 2024. This achievement reflects a steady recovery in the aviation market and is supported by robust passenger demand and strategic operational adjustments. The airline’s Q3 results show that China Southern has successfully capitalized on…
BOC Financial Leasing Co., a leading aircraft lessor in China, has successfully acquired two Airbus A320neo aircraft through a Special Purpose Vehicle (SPV) established in Tianjin. This strategic acquisition, valued at over $120 million, involved the purchase of the aircraft from an Irish SPV owned by a European lessor.
SAS (Sweden) is exploring the possibility of returning to a publicly listed company through an Initial Public Offering (IPO), according to CEO Anko Van der Werff. This move is being considered in light of Air France-KLM’s current decision to maintain its existing stake in the airline rather than increasing it.
Deucalion Aviation (UK) has successfully delivered an Airbus A321 to Turkish Airlines on a long-term operating lease, further strengthening its collaboration with the Turkish flag carrier. The aircraft, manufactured in 2012, is equipped with V2527-A5 engines, known for their reliability and efficiency in medium-haul operations.
Airbus has updated its order book for October 2024, reflecting several new orders within its A320neo family. The changes include an order for one A321neo from American Airlines and two separate orders for five and ten A320neosfrom undisclosed customers. Additionally, a private customer placed an order for one A320neo. These orders continue to reinforce the popularity of Airbus’s A320neo family, known for its fuel efficiency and suitability for various…
Jin Air (South Korea) is set to absorb Air Seoul and Air Busan, as the merger of their respective parent companies moves closer to completion. Jin Air, the largest subsidiary of Korean Air, will become a more dominant player in the domestic aviation market through this consolidation.
