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.
flyadeal, Saudi Arabia’s low-cost airline, recently received a new A320neo, serial number 12301, powered by LEAP-1A26 engines. This addition to flyadeal’s fleet underscores its commitment to modernizing and expanding its operations with fuel-efficient aircraft.
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.
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.
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.
Airbus marked another milestone in its 2024 production schedule by delivering 62 jets in October, bringing its cumulative deliveries for the year to 559. As the European aerospace giant aims for a year-end target of 770 planes, these October figures reflect Airbus’ commitment to meeting its ambitious production goals.
United Airlines, one of the largest carriers in the United States, has recently expanded its fleet with the addition of a new Airbus A321neo, serial number 12175. This aircraft is powered by PW1133G-JM engines from Pratt & Whitney, known for their fuel efficiency and environmental performance, supporting United’s commitment to sustainable aviation. The delivery of this A321neo marks a…
JetSMART, a low-cost airline based in Chile, is set to expand its fleet by adding its 11th aircraft in November 2024. This addition will support the airline’s increasing operational demands and solidify its presence in South America’s competitive budget aviation market. Alongside this expansion, JetSMART has initiated the certification process for the Airbus A321 in Argentina, marking a strategic step to…
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…
Doric Nimrod Air Two, a UK-based aircraft leasing fund, has announced the successful sale of three Airbus A380aircraft, specifically serial numbers 105, 106, and 107. The proceeds from these sales will be distributed to the fund’s shareholders, aligning with Doric Nimrod’s strategic plan to gradually monetize its A380 assets as market conditions evolve. This sale highlights the fund’s commitment…
