Nordic Aviation Capital (Ireland), a global leader in regional aircraft leasing, has successfully executed a lease agreement with Rise Air (Canada) for two ATR72-600 aircraft. This agreement supports Rise Air’s strategy to expand its regional connectivity and improve service efficiency across its network.
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BeauTech Completes PW1900 Engine Sale-Leaseback With Porter as the two companies finalized a multi-engine transaction supporting Porter Airlines’ expanding Embraer E195-E2 fleet. The deal highlights continued demand for next-generation engine leasing solutions as airlines seek capital-efficient structures to support fleet growth.
IndiGo, India’s largest airline by market share, has appointed Mike Whitaker, the former Administrator of the Federal Aviation Administration (FAA), as an independent director to its board. The appointment brings a seasoned aviation leader with global regulatory experience into the airline’s governance framework.
Air Cote d’Ivoire is broadening its operational capacity with the addition of a new A319 aircraft, serial 5400. This acquisition marks a significant step in the airline’s strategic fleet expansion efforts.
Thai VietJet Air has expanded its fleet capacity for the Lunar New Year holiday season by wet-leasing two Airbus A320-200 aircraft from Avion Express, a leading Lithuanian ACMI provider. The additional aircraft are expected to support the airline in handling increased passenger traffic during one of the busiest travel periods of the year.
Albastar (Spain) is in the final phase of its sale process, having opted to sell 100% of the airline rather than pursue a partial equity partnership. The strategic shift comes after the expression of interest (EOI) stage yielded three concrete offers, each reportedly valuing the carrier at approximately US$55 million.
Aergo Capital, a leading aircraft leasing and trading company based in Ireland, has announced the appointment of Aengus Whelan as its new Chief Trading Officer, effective November 4, 2024. Whelan succeeds Nathan Riggs, who recently resigned from the company.
