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CALC and Moutai Leasing Sign Agreement for A320neo Sale

ByAdmin

CALC (Hong Kong) has announced that its Special Purpose Vehicle (SPV) has signed an Aircraft Sale and Purchase Agreement with Moutai Leasing (China). This agreement pertains to the sale of one lease-attached A320neo, marking a significant transaction in the aviation leasing sector. The sale is expected to conclude in January 2025, further strengthening CALC’s asset management strategy and Moutai Leasing’s aircraft…

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CALC Assigned Ag- Credit Rating with Stable Outlook

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China Aircraft Leasing Group Holdings Limited (CALC) has been awarded its first-ever long-term credit rating, achieving an Ag- grade with a stable outlook. This recognition comes from the China Chengxin (Asia Pacific) Credit Ratings Company, a prominent credit assessment agency renowned for evaluating financial institutions in the Asia-Pacific region.

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IndiGo Explores Wet Lease of Six Boeing 787s

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IndiGo, India’s largest airline by fleet size, has announced plans to explore the earlier introduction of widebody aircraft into its operations to meet growing passenger demand. According to industry sources, the airline is reportedly in discussions with Norse Atlantic Airways, a Norwegian carrier, to wet lease six Boeing 787s.

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Iberia Wet Leases A330-300 and A330-900 for Madrid-Santo Domingo

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Iberia, Spain’s flagship airline, has entered into wet-lease agreements to sustain its operations between Madrid and Santo Domingo as its own Airbus A330 fleet undergoes maintenance. The airline has leased an A330-300 from Wamos Air and an A330-900 from Iberojet, both based in Spain, to cover the temporary gap in capacity.

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Arkia Wet Leases A320 and A321 from FLY LILI

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Arkia Israeli Airlines, one of Israel’s prominent carriers, has entered into a wet-lease agreement with FLY LILI, a Romanian airline, to lease an Airbus A320 and an Airbus A321. This agreement is set to last until October 31, 2025, bolstering Arkia’s operational capacity for both domestic and international routes.

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Spectre Cargo Accuses SpiceJet of Removing Engines

ByAdmin

Spectre Cargo Solutions (US), through its Irish affiliates, has accused SpiceJet (India) of removing engines from leased Boeing 737 freighters (B737Fs) in what it claims is a breach of lease agreements. The allegations add to the ongoing challenges faced by SpiceJet regarding its leased aircraft management and operational practices.

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Spirit Airlines to Finalize Sale of 23 Aircraft to GA Telesis

ByAdmin

Spirit Airlines, a prominent low-cost carrier in the United States, has received approval from the US Bankruptcy Courtto complete the sale of 23 Airbus aircraft, comprising A320 and A321 models, to GA Telesis (GAT), a leading aviation solutions company. This transaction marks a significant development in Spirit Airlines’ restructuring efforts.

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BBAM Leases B737-800BCF to GOL for Mercado Libre

ByAdmin

BBAM, a leading aircraft leasing company based in the United States, has leased a Boeing 737-800BCF (Boeing Converted Freighter), identified by serial 30696, to GOL (Brazil). This freighter will be used by GOL to support logistics operations for Mercado Libre, one of Brazil’s largest e-commerce platforms.