SpiceJet, one of India’s prominent low-cost carriers, has taken delivery of two B737-800 aircraft, with serial numbers 40263 and 35082, on lease from Corendon Airlines Europe (Malta). Both aircraft are powered by CFM56-7B engines, known for their reliability and efficiency in short- to medium-haul operations.
Kalitta Air, a prominent US-based cargo airline, has taken delivery of a B777F, serial number 35608, as part of a lease agreement with DAE Capital (UAE). This delivery marks the first of three B777F freighters that Kalitta Air will lease from DAE Capital, strengthening its capacity for long-haul cargo operations.
Frontier Airlines, a US-based low-cost carrier, has arranged to finance nine A321neo aircraft through a sale/leaseback agreement with Avolon (Ireland). Under the terms of the deal, the lease will span 12 years, with an option to extend for an additional two years, offering Frontier flexibility in fleet management and long-term operational planning.
Fly2Sky, a Bulgarian airline, has taken delivery of an A320, serial number 3570, through a wet lease agreement with Aerovista (UAE). The aircraft, powered by V2527E-A5 engines, adds to Fly2Sky’s operational capacity, allowing it to serve increased demand effectively.
Bulgaria Air and Air Serbia are reportedly in discussions to expand their ACMI (Aircraft, Crew, Maintenance, and Insurance) arrangement, which currently involves two E190s wet-leased by Bulgaria Air to the Serbian carrier. This partnership reflects a growing trend of collaborative leasing agreements among airlines to optimize fleet usage and address capacity demands.
Aviation Capital Group (ACG), a major US-based aircraft leasing company, has delivered a B737-9 to United Airlines, featuring LEAP-1B engines. This aircraft marks the third delivery in a multi-aircraft sale/leaseback agreementbetween ACG and United, supporting United’s fleet expansion with efficient and modern aircraft.
KlasJet, a Lithuania-based provider of ACMI (Aircraft, Crew, Maintenance, and Insurance) services, reported a significant increase in its operations from May through October 2024. During this period, KlasJet operated almost 5,000 flights, marking a 134% year-over-year (YoY) growth compared to the same months in 2023. This surge in flights reflects record demand for ACMI services over the summer season,…
Genesis, an Ireland-based aircraft leasing company, has completed a transaction with BOC Aviation of Singapore, acquiring three of the most sought-after narrowbody aircraft in the aviation market. This acquisition includes a Boeing 737-8 currently on lease to TUI in Germany, an Airbus A320 with Volaris in Mexico, and an Airbus A320neo leased to TAP Air Portugal. These aircraft are among the most liquid models in the narrowbody segment, reflecting Genesis’s…
Aergo Capital, a prominent Irish aircraft leasing firm, has acquired an Airbus A321-200 aircraft, with serial number 6976, from an investor customer of FPG Amentum, also based in Ireland. The aircraft, currently leased to Wizz Air, a low-cost airline headquartered in Hungary, marks a strategic addition to Aergo Capital’s growing portfolio. This acquisition aligns with Aergo Capital’s objectives to expand…
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.
