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Falko Reports 3Q 2024: Portfolio Grows to 266 Aircraft with Active Leasing and Sales

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Falko, a UK-based aircraft leasing and asset management company, reported a dynamic third quarter in 2024, showcasing significant portfolio activity. The company added 13 aircraft to its holdings, sold seven aircraft and one engine, and entered into Letters of Intent (LOIs) for the sale of two additional aircraft. Falko also demonstrated strong leasing activity, having leased out three aircraft and extended leases for 14…

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EFW Completes 100th Freighter Conversion with A330P2F Redelivery

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EFW (Elbe Flugzeugwerke), a leading aircraft conversion company from Germany, has achieved a significant milestone by completing its 100th freighter conversion. The aircraft, an A330P2F (passenger-to-freighter), was redelivered from EFW’s facility in China, underscoring the company’s growing global reach and expertise in the P2F sector. This achievement highlights EFW’s capacity to meet the increasing demand for converted freighters, driven…

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EFW and HNA Sign MOU for Strategic A330P2F Conversion Partnership

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EFW (Elbe Flugzeugwerke), a German aerospace company specializing in aircraft conversions, and HNA Aviation Group from China have signed a Memorandum of Understanding (MOU) outlining a strategic partnership for A330P2F (passenger-to-freighter) conversions. Under this agreement, EFW will provide support for Grand China Aircraft Maintenance Services, an HNA subsidiary, operating out of Haikou. This collaboration positions both companies to capitalize on the rising demand for…

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COMAC Secures 30 C909 Orders with Colorful Guizhou Airlines, Air China Eyes C929

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COMAC (Commercial Aircraft Corporation of China) has reached a significant milestone with the signing of a purchase agreement with Colorful Guizhou Airlines for 30 C909 aircraft, marking a major order for the Chinese manufacturer. This agreement includes 20 firm orders and an additional 10 provisional orders, highlighting the growing confidence in COMAC’s aircraft offerings within the Chinese domestic market. In a parallel announcement, COMAC…

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China Southern Receives New A320neo with LEAP-1A26 Engines

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China Southern Airlines has expanded its fleet with the recent delivery of a new Airbus A320neo, identified by serial number 12294. This latest addition is powered by advanced LEAP-1A26 engines from CFM International, known for their fuel efficiency and reduced emissions. The acquisition aligns with China Southern’s ongoing commitment to fleet modernization and environmental sustainability, providing enhanced performance on regional…

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Avia Solutions Group Orders 80 B737 MAX with Deliveries Set for 2030

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Avia Solutions Group, based in Ireland, has made a significant fleet expansion commitment by ordering 80 Boeing 737 MAX aircraft. The order includes 40 firm orders and an additional 40 purchase rights, offering the company flexibility to scale its fleet in response to future market demands. Scheduled for delivery starting in 2030, this order marks a major milestone for Avia Solutions Group,…

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AJet Takes Delivery of Leased A320neo with PW1127G-JM Engines

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AJet, an airline based in Turkiye, has recently expanded its fleet with the addition of a leased Airbus A320neo. The aircraft, identified by serial number 8168, is powered by PW1127G-JM engines from Pratt & Whitney, known for their fuel efficiency and reduced emissions. This acquisition reflects AJet’s ongoing commitment to modernizing its fleet with next-generation aircraft that offer operational efficiencies…

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Aeroitalia Expands Fleet with Leased A319 for Winter 2024/25 Season

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Aeroitalia, an Italian airline, has taken steps to expand its fleet for the winter 2024/25 season by leasing an Airbus A319from Fly Air41 in Croatia since October 2024. Additionally, the airline will welcome another aircraft from Marathon Airlines in Greece on December 1, 2024, further enhancing its operational capacity for the winter season. These fleet additions reflect Aeroitalia’s strategy to strengthen its route network and meet seasonal travel…

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Allied Air Acquires Second AEI B737-800SF, Plans Fleet Expansion to Eight by 2028

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AEI Aeronautical Engineers (US) has announced that its client, Allied Air of Nigeria, has taken ownership of a second AEI B737-800SF, identified by serial number 30146. The acquisition was finalized through a third-party transaction, reinforcing Allied Air’s commitment to expanding its freighter capacity. Allied Air, a leading cargo carrier in Nigeria, aims to grow its fleet of AEI-converted B737-800SF freighters to…

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Volotea Projects 12 Million Passengers and $857M Sales by End of 2024

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Volotea, a Spanish low-cost airline, is on track to achieve substantial growth by the end of 2024, with a projected 12 million passengers transported. For the first nine months of the year, Volotea reported a 14.5% increase in sales, reaching $640 million, while EBITDA rose 21% to $129 million. The airline’s robust performance reflects its strong market position and expanding route network within…