Aviation Lease

Latest News for: Aviation lease

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CDB Aviation Brings Next Generation A330 P2F Freighter to Market

The Marshall News Messenger 23 Nov 2020

CDB Aviation, a wholly owned Irish subsidiary of ... CDB Aviation is bringing the next generation Airbus A330 P2F freighter to the market with 23% more cargo volume than older freighters aircraft types, which will be available for lease to airline customers beginning in early 2022....

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Norwegian Air’s Irish subsidiaries subject to legal action

The Irish Times 23 Nov 2020

Both companies, along with Irish-registered Arctic Aviation Assets, Torskefjorden Leasing and Norwegian Air International (NAI), are subject to the High Court’s protection since Wednesday ... The three leasing companies are subsidiaries of Arctic Aviation....

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airBaltic Appoints Jetcraft Commercial in Largest Single-mandate to Date

The Marshall News Messenger 23 Nov 2020

... the sub-lease of 11 Dash 8-400 NextGen aircraft from airBaltic ... Jetcraft Commercial is the commercial aircraft division of global aviation trading firm Jetcraft, supporting airlines and operators in the fields of buying, selling, leasing, marketing and financing their aircraft....

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Interview: Trapped inside a Chinese riddle

Irish Independent 22 Nov 2020

He has had enough. The senior Irish aviation leasing executive has been barred for almost two years now by a Chinese court from leaving that country ... He is free to travel anywhere he wishes in China ... to hand over to the court an Airbus A330-300, the main asset of his employer China International Aviation Leasing Service Co Limited (CALS Ireland) ... ....

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Irish businessman barred from leaving China begs for help

Irish Independent 22 Nov 2020

The father of four young children was caught up in the complicated corporate situation after travelling to Shanghai in March last year to represent an Irish registered aviation leasing firm, of which he is a director, following the arrest of its Chinese owner in the city in connection to a separate company ... "I'm sick with worry ... " ... ....

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Liquidating Norwegian Air Shuttle would leave €6bn deficit

The Irish Times 21 Nov 2020

On Wednesday, Mr Justice Michael Quinn appointed KPMG partner Kieran Wallace as interim examiner to Irish-based Norwegian Air International (NAI), Arctic Aviation Assets DAC and three of its subsidiaries, Drammersfjorden Leasing, Torskefjorden Leasing and Lysakerfjorden Leasing ... Arctic Aviation Assets....

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Airbus, Boeing expected to turn to hybrid engine technology for new planes-lessor

Canada Dot Com 20 Nov 2020

... challenges with the return of the 737 MAX and certification of the 777X, Air Lease Corp Chief Executive Steven Udvar-Hazy said at the Skift Aviation Forum....

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SMBC Aviation Capital's H1 pre-tax profits slump due to Covid-19

RTE 18 Nov 2020

Dublin-based aircraft leasing company SMBC Aviation Capital has reported a sharp drop in pre-tax profits for the six months to the end of September due to the impact of Covid-19 on the aviation sector ... The company said its total aircraft operating lease assets grew by 9.5% to $11.5 billion reflecting increased sale and leaseback activity. ....

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Hangar lease agreement, electric bill topics of SMAA meeting

Courier Express 18 Nov 2020

MARYS — New land-lease agreements for St ... Visitors and hangar tenants attended the meeting, asking why there is now a need for a land-lease agreement. Joe Kerchinski, not present, noted on the agenda that he has received numerous complaints from hangar owners “complaining about the amount of insurance required under the new lease agreement.”....

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Norwegian Air subsidiaries secure court protection from creditors

The Irish Times 18 Nov 2020

Arctic Aviation Assets, and Drammersfjorden Leasing, Torskefjorden Leasing, and Lysakerfjorden Leasing, which also sought protection, own around 140 of the airline’s aircraft, most of the fleet. Many are rented from aircraft leasing companies which, along with banks, make up most of the group’s significant creditors....

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Concord assistant aviation director receives highest honor

Independent Tribune 17 Nov 2020

Susan has had numerous roles over the last 25 years, starting as an aviation service worker fueling aircraft, parking planes and even serving as a “firefighter” before there was an onsite fire station ... She worked her way through customer service roles and into property/lease management until she became the Assistant Aviation Director in 2018....

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UCM board action makes possible new terminal at Skyhaven Airport

DSJ Now 16 Nov 2020

Swisher Skyhaven Airport to help meet community and campus aviation needs ... “It’s going to greatly enhance our efforts to provide a facility that meets the educational needs of our many students enrolled in UCM aviation programs and also significantly upgrades our airport as a valuable regional economic development asset....

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Germfree Labs CEO Keith Landy, 60, remembered for innovation, generosity

Daytona Beach News-Journal 16 Nov 2020

The growing demand for Germfree's bio-containment safety products prompted Landy's decision in part to move the company to Volusia County where it could lease a larger building at a lower rental rate than in South Florida ... Germfree wound up leasing an adjacent building at 9 Aviator Way as well as space in a third nearby building in the early 2000s....