Emirates SkyCargo, the cargo division of Emirates (UAE), has taken a significant step in expanding its operations by wet-leasing two additional Boeing 747 Freighters (B747Fs). This strategic move enhances the carrier’s main deck cargo capacity by 15% at the start of 2025, compared to its capacity in January 2024. The wet-leased B747Fs are set to play a vital…
Deucalion Aviation closed out 2024 with an impressive portfolio of 75 transactions, reflecting a total value of over $1 billion. The UK-based aviation asset manager demonstrated its industry leadership through a mix of activities, including 33 aircraft sales and leases and 35 end-of-life aircraft sale/lease transactions. These efforts emphasize Deucalion’s capability to handle the full spectrum of aircraft life cycles, from…
Delta Air Lines is making significant adjustments to its fleet strategy for 2025. Following the retirement of just over 20 aircraft in 2024, the airline anticipates phasing out an additional 30 aircraft next year. At the same time, Delta plans to bolster its operations with the delivery of 40+ new aircraft, of which 12 to 13 will be widebody models, including Airbus…
Centrum Air, a rapidly growing airline based in Uzbekistan, has signed a Letter of Intent (LOI) with Avolon, a leading aircraft leasing company headquartered in Ireland, for the lease of one Airbus A320. This agreement marks an important step in Centrum Air’s plans to expand its fleet and enhance operational capacity. The A320, known for its fuel efficiency and reliability, is…
Boeing announced its delivery results for 2024, confirming a total of 348 aircraft delivered over the year. In the fourth quarter alone, the company delivered 57 aircraft, maintaining a steady output despite industry-wide challenges such as supply chain constraints and delivery delays. This performance highlights Boeing’s ongoing efforts to stabilize production and meet the growing demand for both passenger and…
Boeing has secured a significant addition to its production backlog, reporting eight new B767-300F orders in December 2024. These freighters, attributed to unidentified customer(s), represent the first confirmed order for this model in two years. The B767-300F has long been a preferred choice for operators seeking medium-capacity freighters with proven reliability and operational efficiency. This latest order underscores the sustained demand…
Azorra, a US-based aircraft lessor, has released its fleet transaction highlights for 2024, showcasing a strong year of growth and activity. The company signed lease agreements for 17 aircraft, reflecting its commitment to supporting global carriers with modern and efficient fleet solutions. In addition to the leasing activity, Azorra successfully delivered nine aircraft to its clients, meeting operational demands…
Azorra, a US-based aircraft lessor, has successfully closed a US$190 million financing agreement with Banco Nacional de Desenvolvimento Econômico e Social (BNDES) of Brazil. This significant facility will fund the acquisition of up to eight Embraer E2 jets, further solidifying Azorra’s commitment to fleet expansion and modernization. This financing marks the first-ever collaboration between BNDES and ITASCA MGA, a UK-based financial…
Austrian Airlines is considering extending the operation of its Boeing 767 fleet into 2026, following delays in the delivery of Boeing 787 Dreamliners. The airline, which had initially planned for a gradual transition to newer aircraft, now faces uncertainty regarding the arrival of its third B787-9, previously expected in 2025.
Amedeo Air Four Plus (UK) has received notice from Emirates (UAE) regarding the upcoming redelivery of its A380, serial 157. Emirates has opted to return the aircraft in a “half-life” condition instead of the full-life standard. Additionally, a cash sum will accompany the aircraft’s return as part of the agreement. The lease for this A380 is set to expire on 04…
