Aeolus Engine Services, based in Ireland, has expanded its leasing portfolio by acquiring two GE90-94 engines and one GTCP331-500 auxiliary power unit (APU) from a Boeing 777-200ER. While the engines and APU will be retained for leasing purposes, the aircraft itself is slated to be sold in its current condition (“as-is”), marking a strategic move by Aeolus to focus on its…
Eirtech Aviation Services, based in Ireland, has appointed Michael Sattler as its new President. With a strong background in aviation services, Sattler brings a wealth of experience to Eirtech, aiming to drive growth and enhance the company’s global footprint. His appointment is expected to reinforce Eirtech’s position in the competitive aviation services industry and improve its service offerings across…
AerCap Holdings, an aircraft leasing company based in Ireland, has entered into a settlement agreement with one of its insurers. Under the terms of the settlement, AerCap expects to receive a payout of less than half of the originally anticipated $250 million, amounting to below $125 million. This agreement also entails adjustments to AerCap’s insurance coverage limits, with aircraft and hull…
SAS (Scandinavian Airlines), based in Sweden, has expanded its fleet with the delivery of a new CRJ900LR aircraft, identified by serial number 15224. This aircraft is operated by CityJet of Ireland and is equipped with CF34-8C5 engines. The addition of this CRJ900LR supports SAS’s regional operations, enhancing its capability to serve high-demand routes efficiently across Scandinavia and beyond.
Avia Solutions Group, based in Ireland, has made a significant fleet expansion commitment by ordering 80 Boeing 737 MAX aircraft. The order includes 40 firm orders and an additional 40 purchase rights, offering the company flexibility to scale its fleet in response to future market demands. Scheduled for delivery starting in 2030, this order marks a major milestone for Avia Solutions Group,…
Azul Cargo Express, the cargo division of Azul Airlines in Brazil, has bolstered its fleet with the arrival of its second A321P2F (Passenger to Freighter) aircraft, serial number 2759. Leased from AerCap, an Ireland-based global leader in aviation leasing, this newly converted freighter is scheduled to enter service by February 2025. The A321P2F offers a robust and flexible solution for Azul Cargo Express…
Genesis, an Ireland-based aircraft leasing company, has completed a transaction with BOC Aviation of Singapore, acquiring three of the most sought-after narrowbody aircraft in the aviation market. This acquisition includes a Boeing 737-8 currently on lease to TUI in Germany, an Airbus A320 with Volaris in Mexico, and an Airbus A320neo leased to TAP Air Portugal. These aircraft are among the most liquid models in the narrowbody segment, reflecting Genesis’s…
Aergo Capital, a prominent Irish aircraft leasing firm, has acquired an Airbus A321-200 aircraft, with serial number 6976, from an investor customer of FPG Amentum, also based in Ireland. The aircraft, currently leased to Wizz Air, a low-cost airline headquartered in Hungary, marks a strategic addition to Aergo Capital’s growing portfolio. This acquisition aligns with Aergo Capital’s objectives to expand…
Aergo Capital, a leading aircraft leasing and trading company based in Ireland, has announced the appointment of Aengus Whelan as its new Chief Trading Officer, effective November 4, 2024. Whelan succeeds Nathan Riggs, who recently resigned from the company.
The Irish High Court has issued a temporary suspension on the Irish Aviation Authority‘s (IAA) decision to impose a passenger seat cap at Dublin Airport for the upcoming 2025 summer season. This seat cap, aimed at limiting airport traffic, was challenged by major airlines, including Ryanair and Aer Lingus, who argued that it would negatively…
