Icelandair entered into an agreement with Sky Aero Management (SKY Leasing) regarding a sale and leaseback of two Boeing 737 MAX9 aircraft. The aircraft are expected for delivery in Q2/21. The lease period for each aircraft will be 12 years. read more
DEC 28, 2020 - 6:03 am
Air Lease entered a long-term lease agreement for one new Airbus A321-200neo aircraft with Pegasus Airlines in Turkey. Pegasus Airlines also confirmed to sell four young Boeing 737-800 aircraft to Air Lease as part of a sale-leaseback transaction. read more
DEC 23, 2020 - 6:38 am
Castlelake, a global private investment firm with 15 years of tenure financing and managing aviation assets, entered a partnership with Boeing and Boeing Capital to provide financing solutions to commercial aircraft customers for new commercial aircraft deliveries. read more
DEC 3, 2020 - 6:57 am
CDB Aviation completed the financing for eight of the nine Boeing 737 MAX 8 aircraft under the purchase and leaseback agreement with Calgary, AB-based carrier WestJet. The ninth aircraft is anticipated to close this month. read more
DEC 3, 2020 - 6:54 am
Air Transport Services Group’s Cargo Aircraft Management subsidiary delivered a Boeing 767-200 converted freighter to Astral Aviation of Kenya under a five-year lease. This is the first aircraft ATSG has leased to Astral as well as the first Boeing 767 that Astral has put into service. read more
OCT 30, 2020 - 8:07 am
GECAS signed an agreement with Boeing to convert 11 737-800 Boeing Converted Freighter options to firm orders and adding nine additional options to the GECAS Cargo order book. This agreement brings GECAS’ total orderbook for the type to 74. read more
AUG 13, 2020 - 6:55 am
The FAA issued a supplemental type certification to Air Transport Services Group for PEMCO’s passenger-to-FlexCombi conversion program for the Boeing 737-700 Next Generation aircraft. read more
JUL 16, 2020 - 6:45 am
Air Transport Services Group’s Cargo Aircraft Management subsidiary delivered a Boeing 767-200 converted freighter to Raya Airways of Malaysia under a five-year lease. read more
JUN 10, 2020 - 6:25 am
BOC Aviation signed a purchase-and-leaseback agreement with Southwest Airlines for 10 Boeing 737 MAX 8 aircraft. read more
MAY 11, 2020 - 6:40 am
Fitch Ratings has assigned 'BBB' ratings to Boeing’s proposed issuance of senior unsecured notes. read more
MAY 4, 2020 - 6:30 am
Reuters reported that Boeing scrapped its plan to purchase Embraer’s commercial jets division for $42. billion. read more
APR 27, 2020 - 7:00 am
Echo Aviation Leasing completed the purchase of a participation in an existing multi-aircraft leasing facility entered into by a provider of time-sensitive overnight air cargo services. read more
APR 14, 2020 - 6:30 am
The Wall Street Journal reported that Boeing is contemplating a 10% reduction in its workforce of 160,000, according to people familiar with the matter. read more
APR 10, 2020 - 6:25 am
AerCap Holdings has signed an agreement with euroAtlantic Airways, a leading provider of ACMI services as well as charter aviation services, for the lease of two used Boeing 787-8 aircraft. read more
MAR 18, 2020 - 6:30 am
The Wall Street Journal reported that Boeing will put a hold on hiring and non-essential travel while imposing new overtime limits. read more
MAR 12, 2020 - 6:40 am