SMBC Aviation Capital (Ireland) CEO Peter Barrett has expressed concerns over persistent delays in aircraft deliveries from Boeing and Airbus. According to Barrett, these delays are affecting nearly every aircraft delivery. However, he noted that enginemakers have made slight improvements in addressing their operational challenges.
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Eurowings, a subsidiary of the Lufthansa Group, is expanding its business by founding its own tour operator, Eurowings Holidays. The new company is scheduled to commence operations on April 1, 2025, aiming to offer customized travel packages to its customers.
Silver Airways and Seaborne Virgin Islands, both operating under bankruptcy proceedings, have filed a court request to extend agreements with aircraft lessors beyond the current 60-day period. The airlines seek additional time to finalize the sale of their assets, ensuring a structured transition amid financial restructuring efforts.
Iberia, the flagship carrier of Spain, has recently expanded its fleet by taking delivery of a new Airbus A321XLR. This aircraft, serial number 11686, is powered by LEAP-1A33X engines, known for their efficiency and reduced environmental impact.
Aviation Capital Group (ACG), a leading US-based aircraft leasing company, has reported its 9M 2024 financial results with total revenues reaching $923 million and net income of $113.8 million. The company’s cash and cash equivalents stand at $241.9 million, underscoring ACG’s strong liquidity position and financial resilience in the aviation leasing market. This performance highlights ACG’s consistent revenue growth and profitability amid the recovery of the aviation…
US-based aircraft leasing firm Crestone Air Partners has announced the acquisition of two Boeing B737-800 aircraft, including one passenger version leased to UK-based leisure airline TUI, and one Boeing B737-800BCF (Boeing Converted Freighter) leased to Bulgarian operator Compass Air Cargo.
QantasLink, Australia’s prominent regional airline, has taken delivery of a Bombardier Q400, serial number 4456, operated by Sunstate Airlines and powered by PW150A engines. This acquisition aligns with QantasLink’s strategy to modernize its fleet and enhance regional connectivity.
Eurowings, a subsidiary of the Lufthansa Group, is expanding its business by founding its own tour operator, Eurowings Holidays. The new company is scheduled to commence operations on April 1, 2025, aiming to offer customized travel packages to its customers.
Silver Airways and Seaborne Virgin Islands, both operating under bankruptcy proceedings, have filed a court request to extend agreements with aircraft lessors beyond the current 60-day period. The airlines seek additional time to finalize the sale of their assets, ensuring a structured transition amid financial restructuring efforts.
Iberia, the flagship carrier of Spain, has recently expanded its fleet by taking delivery of a new Airbus A321XLR. This aircraft, serial number 11686, is powered by LEAP-1A33X engines, known for their efficiency and reduced environmental impact.
Aviation Capital Group (ACG), a leading US-based aircraft leasing company, has reported its 9M 2024 financial results with total revenues reaching $923 million and net income of $113.8 million. The company’s cash and cash equivalents stand at $241.9 million, underscoring ACG’s strong liquidity position and financial resilience in the aviation leasing market. This performance highlights ACG’s consistent revenue growth and profitability amid the recovery of the aviation…
US-based aircraft leasing firm Crestone Air Partners has announced the acquisition of two Boeing B737-800 aircraft, including one passenger version leased to UK-based leisure airline TUI, and one Boeing B737-800BCF (Boeing Converted Freighter) leased to Bulgarian operator Compass Air Cargo.
QantasLink, Australia’s prominent regional airline, has taken delivery of a Bombardier Q400, serial number 4456, operated by Sunstate Airlines and powered by PW150A engines. This acquisition aligns with QantasLink’s strategy to modernize its fleet and enhance regional connectivity.
Eurowings, a subsidiary of the Lufthansa Group, is expanding its business by founding its own tour operator, Eurowings Holidays. The new company is scheduled to commence operations on April 1, 2025, aiming to offer customized travel packages to its customers.
Silver Airways and Seaborne Virgin Islands, both operating under bankruptcy proceedings, have filed a court request to extend agreements with aircraft lessors beyond the current 60-day period. The airlines seek additional time to finalize the sale of their assets, ensuring a structured transition amid financial restructuring efforts.
Iberia, the flagship carrier of Spain, has recently expanded its fleet by taking delivery of a new Airbus A321XLR. This aircraft, serial number 11686, is powered by LEAP-1A33X engines, known for their efficiency and reduced environmental impact.
Aviation Capital Group (ACG), a leading US-based aircraft leasing company, has reported its 9M 2024 financial results with total revenues reaching $923 million and net income of $113.8 million. The company’s cash and cash equivalents stand at $241.9 million, underscoring ACG’s strong liquidity position and financial resilience in the aviation leasing market. This performance highlights ACG’s consistent revenue growth and profitability amid the recovery of the aviation…
US-based aircraft leasing firm Crestone Air Partners has announced the acquisition of two Boeing B737-800 aircraft, including one passenger version leased to UK-based leisure airline TUI, and one Boeing B737-800BCF (Boeing Converted Freighter) leased to Bulgarian operator Compass Air Cargo.
QantasLink, Australia’s prominent regional airline, has taken delivery of a Bombardier Q400, serial number 4456, operated by Sunstate Airlines and powered by PW150A engines. This acquisition aligns with QantasLink’s strategy to modernize its fleet and enhance regional connectivity.
