Aviation Lease

Latest News for: Aviation lease

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NCAA suspends Skypower Express, others for violations, non-compliance

Business Day Online 07 Jul 2020

The Nigeria Civil Aviation Authority (NCAA) has suspended the aircraft leasing operations (Specs Part G) of the Air Operator’s Certificate of Sky Power Express Airways Nig Limited due to non compliance and or violations of the provision of NCARS Part 9.2.3.4(b) ... NCARS Part 9.2.3.4(b) refers to Wet Leasing aircraft and states....

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Constant Aviation Sets Sights on the Future at Orlando Sanford Airport Location

The Marshall News Messenger 06 Jul 2020

These lease extensions will allow Constant Aviation to ... The improvements made since Constant Aviation leased the facility have been numerous ... In order to maintain this success, Constant Aviation has extended the leases at its paint and interior modification centers through 2028....

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Covid-19 - crisis or opportunity for aircraft leasing sector?

RTE 05 Jul 2020

... this period, another branch of the aviation sector has also been feeling the strain - that of aircraft leasing ... How did Ireland become an aviation leasing hub? ... Today, it's close to half," Joe O'Mara, Head of Aviation Finance & Leasing, KPMG in Ireland explained....

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The China presence in Indian aviation that few know about

Moneycontrol 01 Jul 2020

About 20 percent of aircraft used by Indian airlines are leased from Chinese lessors ... Similarly, Bank of China owns BOC Aviation, which has leased out 24 aircraft to Indian carriers ... It has also helped that China has promoted Hong Kong as an alternative to Dublin, long seen as the leasing capital of the aviation world....

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Boeing loses orders from Norwegian over grounded Max delays

Irish Independent 01 Jul 2020

In more bad news for Boeing, Singapore-based lessor BOC Aviation said in a filing ... Kuwaiti lessor Alafco Aviation Lease and Finance sued Boeing earlier this year, seeking to scrap an order for 40 Max and reclaim the $336m (€299m) it said it had paid in advance for the aircraft....

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BOC Aviation cancels 30 Boeing 737 MAX but backs grounded jet

Canada Dot Com 30 Jun 2020

Aircraft leasing company BOC Aviation said on Tuesday it had canceled an order for 30 Boeing 737 MAX planes although its chief executive remained confident in the jet which has been grounded for more than a year ... one,” BOC Aviation Chief Executive Robert Martin told Reuters....

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Norwegian Air scrubs $10.6 billion deal in threat to Boeing 737 Max

Chicago Business 30 Jun 2020

In more bad news for Boeing’s best-selling jet, Singapore-based BOC Aviation Ltd ... Kuwaiti lessor Alafco Aviation Lease and Finance Co ... The planemaker and BOC Aviation have been hammering out revised deal terms since last year and the lessor will still retain 57 unfilled Max orders, Boeing said....

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CDB Aviation and SAS Agree on Lease of Fleet of Four Airbus Aircraft

Odessa American 29 Jun 2020

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced today a new transaction with its long-standing customer, Scandinavia’s largest airline SAS, for a fleet of four Airbus aircraft, including three A320neos and one A350-900....

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Airlines in India Have Been Hit Hard Because of Rupee Depreciation: Vistara

Yahoo Daily News 29 Jun 2020

While signing contracts with aircraft leasing firms or aircraft maintenance firms, airlines generally have to agree to make payments in US dollars only ... Kannan said, "Whether it comes to fuel, aircraft leasing, aviation maintenance organisations or aircraft overhauls, it is all in US dollar....

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SMBC finalises deal for EasyJet aircraft

Irish Independent 27 Jun 2020

DUBLIN-BASED aircraft leasing giant SMBC Aviation Capital has completed the sale and leaseback of six Airbus jets with EasyJet ... Earlier this month, SMBC reported a pre-tax profit of $364.5m (€325m) for the year to the end of March, up 5.8pc, while its lease assets were valued at $10.6bn....

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CWU aviation program faculty responds to university decision to rescind fall 2020 admission to incoming freshmen

Ellensburg Daily Record 26 Jun 2020

The letter continued to state that the projected future deficit stated in the letter sent by the administration does not take into account the fact that leases on aircraft from Midstate and Sierra Aviation expire in August 2020 and that leases on flight simulators expire on July ......

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EasyJet sells, leases back aircraft for $255M

Market Watch 26 Jun 2020

The London-listed company said the aircraft will be sold to SMBC Aviation Capital and leased back for terms of between 110 and 122 months....

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Airline agrees sale and leaseback of six aircraft in £206m deal

The Business Desk 26 Jun 2020

The aircraft will be sold to SMBC Aviation Capital, the global aircraft leasing company, and leased back for terms of between 110 and 122 months. The lease obligations generated amount to a total of approximately £155m. Over the terms of the leases the average net annual headline ......