| |

Air New Zealand Posts $126M FY Profit Amid Engine Struggles

Air New Zealand has reported a net profit of $126 million for the financial year ending June, representing a decline from the $146 million achieved in the prior year. The fall in profitability was driven largely by prolonged engine maintenance challenges, which left as many as 11 aircraft grounded at peak times, significantly straining operations and highlighting the central role of engine…

Heathrow Slot Prices Reach Record $75 Million

London Heathrow Airport has reached new heights in slot valuation, with recent transactions pushing prices as high as $75 million for coveted takeoff and landing rights. The airport’s significance as one of the world’s busiest hubs, coupled with its constrained capacity, has turned slots into highly prized strategic assets for airlines seeking to expand or maintain their presence…

| | | | | |

SMBC Aviation Capital Delivers Second Airbus A321neo To Air New Zealand

SMBC Aviation Capital has completed the delivery of its second Airbus A321-271NX to Air New Zealand Limited, finalizing a two-aircraft transaction between the Dublin-based lessor and the New Zealand flag carrier. This latest aircraft is powered by a pair of IAE PW1133G-JM geared turbofan engines, known for their fuel efficiency and reduced emissions, and represents a further enhancement to Air New…