Air Lease Corp. (ALC) has reported a 48% increase in pretax income for the 2013 first quarter and said Asia-Pacific carriers now represent almost 40% of its fleet.
Air Lease Corp. (ALC) has reported a 48% increase in pretax income for the 2013 first quarter and said Asia-Pacific carriers now represent almost 40% of its fleet....More
Air Lease Corp. announced long-term lease agreements with Korean Air for two new Boeing 777-300ER aircraft, which are scheduled for delivery in November 2014 and May 2015....More
Danish lessor Nordic Aviation Capital (NAC) has signed a firm purchase agreement for four Bombardier Q400 NextGens to be placed with Latvian carrier airBaltic....More
International Lease Finance Corp. (ILFC) has entered into an agreement with American Airlines to buy and leaseback an additional 15 new Boeing 737-800s and one new 777-300ER.
ILFC last year finished delivering 15 737-800s to American as part of a previous sale and leaseback agreement.
The 737-800s included in the new deal are scheduled for delivery between May 2013 and December 2014. The 777 will be delivered later this month, ILFC said....More
American International Group (AIG) said Friday it is “in discussions” to sell 90% of aircraft leasing giant International Lease Finance Corp. (ILFC) to Chinese investors....More
International Lease Finance Corporation (ILFC) delivered the 15th and final Boeing 737-800 to American Airlines (AA) as part of an aircraft sale and leaseback program.
“ILFC…views this transaction as an important achievement in the execution of our strategy to increase ILFC’s market share in the Americas,” ILFC CEO Henri Courpron said.
The program began in November 2011; at that time AA had taken delivery of two of the previously-ordered aircraft....More
The US should look to what’s happening at airports worldwide and think bigger and more strategically about how its airports can best raise the investments necessary to keep them competitive on a global scale, the head of the Airports Council International said Monday....More
Governments must put more political will into sorting out air traffic management mega-projects and also addressing the political issue of finding a global agreement for emission market-based-measures (MBMs), the head of IATA said Monday....More
Airbus, Air Canada and BioFuelNet Canada have formed a partnership to assess Canadian solutions for the production of sustainable jet fuels with a long-term goal of supplying Air Canada....More
US regional airlines are increasingly concerned about a potential pilot shortage that could curtail their growth or even force carriers to decrease capacity....More
Preliminary results of a pilot fatigue study conducted by Washington State University (WSU) show there is a “small difference” between the fatigue level of pilots conducting multi-segment operations and those flying a longer single segment....More
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