IndiGo, India’s largest airline, has received approval from the Indian government to renew the wet lease of 11 Airbus A320 aircraft from Latvia-based SmartLynx Airlines. This renewal aims to support IndiGo’s operational needs as the carrier addresses an Aircraft on Ground (AOG) issue caused by recurring engine snags affecting its fleet. The wet lease agreement…
Geosky, a cargo airline based in Georgia, has expanded its fleet with the addition of a Boeing 767-300BCF. This aircraft, identified by serial number 30564, is leased from NAS Aircraft Leasing, a U.S.-based leasing company. Powered by Pratt & Whitney PW4062 engines, the Boeing 767-300BCF offers Geosky enhanced cargo capacity and operational flexibility, supporting the…
Dubai Aerospace Enterprise (DAE), a leading global aircraft leasing company based in the UAE, has announced the signing of lease agreements with South Korea’s Eastar Jet for three Boeing 737-8 aircraft. These aircraft are scheduled for delivery in mid-2025 and the first quarter of 2026, enabling Eastar Jet to expand its fleet with the latest…
Willis Lease Finance Corporation (WLFC), a leading U.S.-based provider of aviation leasing and asset management services, has entered into a new five-year revolving credit facility totaling $1 billion. This significant agreement, which includes WLFC’s wholly-owned subsidiaries as guarantors, replaces the company’s previous $500 million credit facility, enhancing its financial flexibility and supporting its long-term growth…
Dubai Aerospace Enterprise (DAE), a prominent aircraft leasing company based in the UAE, has announced lease agreements with Hainan Airlines, one of China’s leading carriers, for four new Boeing 737-8 aircraft. This strategic agreement aligns with Hainan Airlines’ growth plans and DAE’s objective to support its clients with modern, fuel-efficient aircraft. The deliveries are scheduled…
Swiftair, a Spanish airline known for its cargo and charter services, has enhanced its fleet with the addition of an Airbus A321P2F, serial number 3964. This freighter aircraft, leased and powered by V2533-A5 engines, will support Swiftair’s expanding cargo operations across Europe.
IAT Leasing, an Ireland-based aircraft leasing company, has announced the acquisition of a 2006 Airbus A330-300, which is currently leased to Irish flag carrier Aer Lingus. This transaction was facilitated by Castlelake, a U.S.-based investment firm, on behalf of one of its American investor partners. This acquisition reflects IAT Leasing’s commitment to expanding its fleet…
Aergo Capital Limited, a Dublin-based aircraft leasing company, has announced the acquisition of an Airbus A320-200 aircraft, bearing manufacturer serial number 5692. The aircraft, managed by SMBC Aviation Capital, is currently on lease to Iberia, Spain’s flagship carrier.
AerCap, a global leader in aircraft leasing headquartered in Ireland, has announced delays in the delivery schedules of several Boeing and Airbus aircraft due to recent production disruptions. Ongoing labor strikes at Boeing have led AerCap to postpone deliveries of eight Boeing aircraft initially slated for 2024, with their delivery now deferred into 2025 and…
GOAL Aircraft Leasing, a prominent Germany-based aircraft leasing company, has strengthened its leadership team with the recent appointments of Joanne O’Connor as Director of Asset Management and Guilherme Guerra as Director of Sales & Marketing. These strategic additions reflect GOAL’s commitment to enhancing its operational capabilities and fostering growth in the competitive aircraft leasing market.
