Avolon, a global aviation finance company, has agreed to order 100 A321neo aircraft from Airbus and 40 737 MAX aircraft from Boeing. These aircraft are scheduled for delivery out to 2032.Avolon has added 200 new technology aircraft to its orderbook...
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December 13, 2023, 07:07 AM
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Air Lease Corporation announced long-term lease contracts for five Boeing 737 aircraft with Royal Air Maroc (RAM), including four new Boeing 737-8s and one Boeing 737-800. The new aircraft are scheduled to deliver to the Moroccan flag carrier in 2024...
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August 17, 2023, 07:05 AM
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Avolon, an international aircraft leasing company, announced a commitment to order 40 Boeing 737 MAX aircraft. The aircraft are scheduled for delivery between 2027 and 2030; and are valued at over $4 billion at current list price.Avolon delivered the...
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April 27, 2023, 07:12 AM
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Avolon, the international aircraft leasing company, announced it has completed the delivery of five new Boeing 737-8 MAX aircraft to Akasa Air, India’s newest airline.Delivery of the aircraft commenced in December 2022 and was completed in...
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February 13, 2023, 07:12 AM
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BOC Aviation Limited announced it has entered into an agreement with The Boeing Company to purchase 40 new Boeing 737 MAX 8 aircraft. All aircraft are scheduled for delivery in 2027 and 2028. “We are pleased to continue to build on our existing...
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December 28, 2022, 07:15 AM
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Air Lease Corporation announced long-term lease placements for three new Boeing 737-8 aircraft with Aeroitalia. These three new Boeing aircraft are scheduled to deliver to the Italian airline from ALC’s order book with Boeing beginning in 2023...
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November 02, 2022, 07:05 AM
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Air Lease Corporation (ALC) announced long-term lease placements for six Boeing 737-8 aircraft with LOT Polish Airlines. All aircraft are scheduled to deliver to LOT in October and will add to the five Boeing 737-8 and one Dreamliner aircraft...
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October 06, 2022, 07:05 AM
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AerCap Holdings N.V. and Boeing announced the milestone delivery of the 100th contracted 737-800 Boeing Converted Freighter (BCF). The 100th 737-800BCF was converted at Boeing Shanghai Aviation Services Co. Ltd., (BSAS), home to the first 737-800BCF...
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September 28, 2022, 07:10 AM
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Boeing and Air Lease Corp. announced the aircraft lessor is expanding its airplane portfolio with an order for 32 additional 737-8 and 737-9 jets. As the travel market recovers, ALC is increasing its 737 MAX family offering to meet airline demand for...
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April 05, 2022, 07:00 AM
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Air Lease Corporation announced long-term lease agreements for nine new Boeing 737 aircraft with Aeromexico. Consisting of two new 737-8s and seven new 737-9s, the aircraft are scheduled to be delivered between July 2022 and August 2023 from ALC’s...
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March 28, 2022, 07:09 AM
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Griffin Global Asset Management announced the delivery of one Boeing 737MAX 8 to Arajet, an ultra-low-cost airline based in the Dominican Republic. The aircraft is the first of five from Griffin’s orderbook scheduled to deliver to Arajet in...
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March 16, 2022, 06:59 AM
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Air Lease Corporation announced long-term lease placements for nine new Boeing 737 aircraft with Corendon Airlines Group. Five new 737-8 aircraft are confirmed to deliver to Corendon Airlines (Turkey) in Spring 2022 and one new 737-8 will deliver to...
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February 23, 2022, 07:03 AM
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CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), announced the completion of deliveries of a fleet of 15 new Boeing aircraft to U.S.-based United Airlines Holdings, Inc. The sale and...
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January 06, 2022, 07:00 AM
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Air Lease Corporation (ALC) announced the delivery of one new Boeing 787-9 aircraft on long-term lease to Air Premia (South Korea). Featuring Rolls-Royce Trent 1000 engines, this aircraft is the first of three new Boeing 787-9s confirmed to deliver...
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April 01, 2021, 07:05 AM
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Air Lease Corporation announced the delivery of one new Boeing 737-8 aircraft on long-term lease to Blue Air (Romania). This aircraft, featuring CFM LEAP-1B25 engines, is the first of 10 new Boeing 737-8s confirmed to deliver to Blue Air from ALC’s...
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March 31, 2021, 07:11 AM
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Air Lease Corporation announced long-term lease placements for 13 new Boeing 737-9 new technology aircraft with Alaska Airlines. These new aircraft are scheduled to deliver between the second half of 2021 through the end of 2022 from ALC’s order book...
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November 24, 2020, 07:00 AM
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Boeing announced its Board of Directors has named current Chairman, David L. Calhoun, as Chief Executive Officer and President, effective Jan. 13, 2020. Calhoun will remain a member of the board. In addition, Board member Lawrence W. Kellner will...
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December 24, 2019, 07:20 AM
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Amazon, at the International Paris Air Show, announced a partnership with GE Capital Aviation Services (GECAS) to lease an additional 15 Boeing 737-800 cargo aircraft. These aircraft will be in addition to the five Boeing 737-800’s already leased...
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June 19, 2019, 07:25 AM
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Amazon expanded its Amazon Air fleet by partnering with GE Capital Aviation Services to lease five Boeing 737-800 cargo aircraft. The five aircraft will be operated on Amazon’s behalf by Southern Air, an Atlas Air Worldwide Holdings, Inc. airline.“We...
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April 15, 2019, 07:29 AM
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Boeing anticipates diverse markets and participants will continue the upward trend in availability of efficient financing for record new aircraft deliveries in the next year.Now in its tenth year, the annual Boeing Current Aircraft Finance Market...
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December 08, 2017, 07:05 AM
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Boeing and Avolon finalized an order for 75 737 MAX airplanes. The confirmed order is for 55 MAX 8s and 20 MAX 10s, with options for 20 additional MAX 8s.The agreement, announced as a memorandum of understanding at the 2017 Paris Air Show, is valued...
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November 20, 2017, 06:00 AM
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Air Lease Corporation announced a long term lease agreement with Aeromexico for one additional new Boeing 787-9 aircraft with General Electric engines. The aircraft is from ALC's order book with Boeing and will be Aeromexico's fourth new 787-9 lease...
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August 14, 2017, 07:04 AM
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The cessation of new lending activities by the Export-Import Bank of the US (Ex-Im) does not have an immediate impact on aircraft leasing companies, given the broad market access they currently enjoy. However, a permanent loss of Ex-Im would...
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July 07, 2015, 06:41 AM
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A maturing small twin-aisle aircraft market presents challenges and opportunities for Airbus as it considers the future of its A330 aircraft, according to Steve Mason, Vice President of Aircraft Analysis, CIT Aerospace at CIT Group. These views and...
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March 18, 2014, 06:04 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced that the company has secured more than 50 lease transactions for the new Boeing 787. ILFC owns the largest order...
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February 28, 2014, 06:25 AM
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According to Fitch Ratings, long-term credit fundamentals in the aircraft leasing industry are being supported by a number of factors, including growth in global air travel demand, capital constraints among the world's airlines, and the aircraft...
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July 13, 2012, 06:48 AM
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International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced it completed a total of 130 lease transactions and took delivery of 14 new Boeing 737-800s during the January through June...
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July 10, 2012, 06:35 AM
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Boeing and Air Lease Corporation announced a firm order for 60 737 MAX 8 and 15 737 MAX 9 airplanes, with reconfirmation rights for 25 additional 737 MAXs. The order, with a list-price value of $7.2 billion, represents the first 737 MAX order by a...
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July 09, 2012, 06:35 AM
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American International Group, Inc. named Laurette T. Koellner to the newly created role of Executive Chairman of International Lease Finance Corporation (ILFC). In this role, Ms. Koellner becomes the most senior executive officer of ILFC and reports...
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June 22, 2012, 07:30 AM
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Bloomberg reported Boeing may win the first order by a lessor for its 737 MAX jet as Steven Udvar- Hazy’s Air Lease Corp. is studying a deal to buy 60 to 100 of the jets. According to the Bloomberg report, Air Lease signed a firm order this month for...
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June 13, 2012, 07:00 AM
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NASDAQ reported that CIT Group bought a $200 million aircraft loan portfolio from an undisclosed European bank according to the company. The report indicates the portfolio consists of seven aviation lending facilities to several U.S. airlines and is...
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April 05, 2012, 06:30 AM
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CIT Group Inc. announced that it has purchased a $200 million aircraft loan portfolio consisting of seven aviation loan facilities to several U.S. airlines. The loans are secured by in-production Boeing and Airbus aircraft. The loan portfolio was...
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March 08, 2012, 06:30 AM
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