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Lufthansa Plans More Sale/Leaseback Deals to Raise Liquidity by 2024 End

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Lufthansa, Germany’s flagship airline, is intensifying its efforts to raise liquidity by the end of 2024 through the sale/leaseback (SLB) of an additional nine A320neo and A321neo aircraft. This financial strategy allows Lufthansa to free up cash while retaining operational use of these aircraft, supporting the airline’s liquidity needs amidst ongoing market pressures. Lufthansa has previously employed this approach, raising $247 million during…

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Azul Cargo Express Receives Second A321P2F for 2025 Operations

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Azul Cargo Express, the cargo division of Azul Airlines in Brazil, has bolstered its fleet with the arrival of its second A321P2F (Passenger to Freighter) aircraft, serial number 2759. Leased from AerCap, an Ireland-based global leader in aviation leasing, this newly converted freighter is scheduled to enter service by February 2025. The A321P2F offers a robust and flexible solution for Azul Cargo Express…

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Air Senegal Secures A320 Wet Lease from GetJet Airlines

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Air Senegal has added an Airbus A320 to its fleet through a wet lease agreement with GetJet Airlines, a Lithuanian-based charter and wet lease specialist. This agreement allows Air Senegal to access the aircraft along with crew, maintenance, and insurance, providing immediate operational support without the need for additional internal resources. By bringing in an A320 under this arrangement, Air Senegal…

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United Airlines Expands Fleet with New B787-9 and Two A321neos

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United Airlines has further expanded its fleet with the recent delivery of one B787-9, serial number 37449, equipped with GEnx-1B76A engines, along with two A321neo aircraft, serial numbers 12101 and 12175, both powered by PW1133G-JM engines. These additions mark a significant enhancement in United’s capabilities, supporting its strategy to serve long-haul and domestic routes with modern, efficient aircraft.

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Riyadh Air Plans B777X or A350-1000 Deal by 2Q 2025

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Riyadh Air, Saudi Arabia’s new national carrier, is reportedly working towards finalizing a major aircraft acquisition involving the Boeing B777X or the Airbus A350-1000 by the second quarter of 2025. This potential fleet expansion was disclosed by CEO Tony Douglas, who emphasized Riyadh Air’s commitment to establishing a modern, long-haul fleet capable of meeting future growth objectives.

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Frontier Airlines Secures Financing for Nine A321neo Aircraft with Avolon

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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.

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Fly2Sky Takes Delivery of A320 on Wet Lease from Aerovista

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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.

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China Airlines Nearing Decision on Widebody Order Split Between B777X and A350-1000

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China Airlines of Taiwan is reportedly close to finalizing a decision to split its upcoming multi-billion-dollar order for 20 widebody aircraft between Boeing’s B777X and Airbus’ A350-1000. This order is aimed at replacing the airline’s 10 aging B777-300ERs while also providing additional capacity for projected growth in passenger demand.

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Avianca Receives New A320neo with LEAP-1A26 Engines

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Avianca, Colombia’s flagship airline, recently expanded its fleet with the delivery of a new A320neo. The aircraft, bearing serial number 12289 and powered by LEAP-1A26 engines, marks another step in Avianca’s ongoing modernization efforts aimed at improving fuel efficiency and reducing emissions.