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Investec Finances A330-200 For AELF Leased To Hawaiian

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Investec Aviation Finance, based in the United Kingdom, has finalized a senior-term loan facility with Aircraft Engine Lease Finance (AELF), headquartered in the United States, to support the acquisition of a Airbus A330-200 aircraft. The aircraft, bearing manufacturer serial number 1104, was acquired by AELF from Avolon, the global leasing company based in Ireland.

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airBaltic Reports 11% Passenger Increase in October 2024

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airBaltic, Latvia’s national carrier, reported an impressive 11% year-on-year increase in passenger numbers for October 2024, totaling 470,800 passengers. This growth aligns with the airline’s ongoing efforts to expand its network and increase flight frequency on popular routes. Additionally, airBaltic’s load factor (LF) saw a notable improvement, rising 5.7 percentage points to reach 84.1%. This higher load factor reflects increased demand and efficient capacity management,…

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Spirit Airlines Adds Airbus A321neo to Fleet

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Spirit Airlines, a leading ultra-low-cost carrier in the United States, has expanded its fleet with the addition of a new Airbus A321neo, identified by serial number 12324. This aircraft, acquired on lease, is powered by PW1133G-JM engines, reinforcing the airline’s commitment to efficiency and sustainability.

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Stonepeak to Acquire Air Transport Services Group in $3.1 Billion All-Cash Deal

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Air Transport Services Group (ATSG), a prominent U.S.-based provider of air cargo and leasing services, has entered into a definitive agreement to be acquired by investment firm Stonepeak in an all-cash transaction valued at approximately $3.1 billion. The deal, which is expected to close in the first half of 2025, will result in ATSG transitioning…

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TAAG Angola Expands Fleet with Airbus A220-300 Delivery

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TAAG Angola has expanded its fleet with the delivery of an Airbus A220-300, serial 55334, powered by Pratt & Whitney PW1500G engines. This latest addition aligns with the airline’s modernization strategy, improving fuel efficiency, passenger comfort, and operational flexibility.