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Aircastle Delivers Second A321neo to IndiGo

Aircastle, a US-based aircraft leasing company, has delivered the second of five planned A321neo aircraft to IndiGo, India’s largest airline by market share. The aircraft, identified as serial 12329, is powered by LEAP-1A32 engines, known for their efficiency and environmental benefits.

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Itasca MGA Structures Credit Insurance for JLPS Ireland

Itasca MGA, a UK-based insurance provider, has structured a comprehensive aircraft non-payment credit insurance policy for JLPS Ireland. The policy covers three Airbus A321neos, built in 2023, which are leased to an ultra-low-cost carrier (ULCC). The financing for these aircraft was provided by the Commonwealth Bank of Australia’s Tokyo branch.