Dan Air, a Romanian carrier, has entered into a wet lease agreement with Tarom, Romania’s national airline, to support operations on the Bucharest-Madrid route. The agreement will see Dan Air providing an Airbus A320, complete with crew, maintenance, and insurance, for flights scheduled between November 22, 2024, and January 13, 2025.
China Aircraft Leasing Group Holdings Limited (CALC), a prominent lessor based in Hong Kong, has entered into sale and purchase agreements with WWTAI Airopco 1 Bermuda for the divestment of six aircraft. The transaction, facilitated through six of CALC’s Special Purpose Vehicles (SPVs), is expected to be finalized by March 2025.
BOC Financial Leasing Co., a leading aircraft lessor in China, has successfully acquired two Airbus A320neo aircraft through a Special Purpose Vehicle (SPV) established in Tianjin. This strategic acquisition, valued at over $120 million, involved the purchase of the aircraft from an Irish SPV owned by a European lessor.
Avation, a Singapore-based lessor, has announced the successful delivery and concurrent sale of a new ATR72-600 aircraft. This delivery marks the first of two ATR72-600s sold to an airline operating in the Caribbean region.
Airlink, South Africa’s leading regional airline, has announced the introduction of nonstop flights between Cape Town and Gaborone. This new route, scheduled to commence on April 1, 2025, will enhance connectivity between the two cities, catering to both business and leisure travelers.
The Federal Aviation Administration (FAA) is actively addressing concerns related to the LEAP-1B engine, used on the Boeing 737 MAX aircraft, through its standard continued operational safety process. The initiative involves close collaboration with key stakeholders, including Boeing, engine manufacturer CFM International, and the European Union Aviation Safety Agency (EASA).
Thai AirAsia X has expanded its fleet with the delivery of a leased A330-300, identified by serial number 1666. The aircraft is powered by Rolls-Royce Trent 772B-60 engines, offering enhanced performance and efficiency for long-haul operations.
Avianor (Canada) has officially opened its new state-of-the-art hangar at Montreal-Mirabel International Airport, which will house the company’s A220 Center of Excellence. This milestone reflects Avianor’s commitment to advancing aircraft maintenance, modification, and refurbishment services, particularly for the Airbus A220.
Jetstar (Australia) has expanded its fleet with the delivery of a new A320neo, identified by serial number 12328. The aircraft is powered by LEAP-1A26 engines, offering superior fuel efficiency and reduced emissions.
Itasca MGA (UK) has announced its role in providing insurance backing to Elevate Capital Partners (US) for a financing solution involving two E195-E2 aircraft. This partnership underscores the importance of comprehensive insurance solutions in enabling complex aviation financing arrangements.
