Emirates SkyCargo has added 2 Boeing 747-400Fs to its freighter fleet and is expecting 15 more freighters to join its fleet from announced orders and its freighter conversion program. The new aircraft will add immediate capacity along with the expected deliveries of A350s in the late 2024 followed by B777-Xs…
Emirates SkyCargo has added 2 Boeing 747-400Fs to its freighter fleet and is expecting 15 more freighters to join its fleet from announced orders and its freighter conversion program. The new aircraft will add immediate capacity along with the expected deliveries of A350s in the late 2024 followed by B777-Xs…
Nordic Aviation Capital (NAC) has signed a sale agreement with Sky Alps for four Dash 8-400 aircraft. The Ireland-based lessor announced the deal with the Italian carrier on May 8.
Avia Solutions Group (ASG) is to create “up to 50 permanent job positions”, or jobs, at its new Dublin headquarters. The headquarters is in Leopardstown, a part of the city better known for its horse-racing track The company’s move to Ireland was announced in March, with the idea that the…
J&C Aero has finished a full-cycle Airbus A320 reconfiguration project for aircraft asset investment company Arena Aviation Capital. “Aircraft transition between operators is a complex process involving various risks, including those related to aircraft cabin modification. Luckily, thanks to our recent expansion and new services, we can provide turnkey aircraft…
Latvia’s airBaltic says it needs to temporarily lease extra aircraft for two months from March 27 due to “the manufacturer’s inability to fulfil the obligations of engine maintenance in a timely manner”. “We are strongly committed to our contractual obligations to passengers and partners. However, the extended turnaround times for…
Korean lessor Crianza Group has bought an Airbus A380 (msn o58) from German fund investors that had leased the aircraft to Singapore Airlines in 2011. The lease was arranged and extended in 2020 by German company EastMerchant Capital, a partner in Crianza. The aircraft was placed into storage when government…
VAS Aero Services is to acquire an Airbus A319-100 and an A320-100 from Dublin-based lessor Avolon. The aircraft will be dismantled in Texas before parts are sold via VAS’ aftermarket parts marketplace, which it said is “widely accessed”,. “VAS has established an enviable reputation as a technical and market leader…
Engine lessor Willis Lease Finance Corporation (WLFC) recorded revenue of $311.9 million and pre-tax income of $9.8 million in 2022. By year-end, aggregate lease rent and maintenance reserve revenues were $246 million and spare parts and equipment sales were $27 million, the company reported, with chief executive Austin C Willis…
Avia Solutions Group (ASG) has shifted its headquarters to Ireland. ASG said the move to Dublin, a centre for the global aircraft leasing business, will see it become the second largest Irish-registered aviation business behind Ryanair. “Moving the company’s controlling headquarters to Ireland was a strategically important step for us…
The main shareholders of Electra Airways, Classic Air, ETG Maintenance and Maverick Horizon have set up Vector Group, based in Tel Aviv, as a “vertically integrated” amalgam of the quartet. The group brings together Bulgarian airline Electra, compatriot maintenance provider ETG, Irish lessor Maverick and Maltese-Israeli sales agent Classic. “Each…
A Boeing 777 Freighter today joined the Volga-Dnepr Group fleet of 24 Boeing freighters today, departing Paine Field in Everett, Washington. The fuel efficient twin-engine freighter will begin operations with AirBridgeCargo, a subsidiary of Volga-Dnepr. AirBridgeCargo will operate the airplane via a sale-leaseback agreement with Dubai Aerospace Enterprise (DAE). “We…
