Leading aviation finance company Avolon has completed the delivery of five new Airbus A320neos to Suadi Arbaian airliner Flynas. The Dublin-lased Lessor delivered the 5th aircraft direct from Toulouse yesterday on a sale and leaseback basis with the middle-esstern Low Cost Carrier (LCC). Paul Geaney, President and Chief Commercial Officer [read more]
European and UK based Wizz Air has been awarded Global Environmental Sustainability Airline Group of the Year for the second consecutive year at the Centre for Aviation (CAPA) Asia Aviation Summit. The award recognise airlines, airports and suppliers who are putting climate change at the forefront of their business models [read more]
Dublin, Ireland based aviation leasing specialist Avolon has delivered a strong set of 3rd quarter results showing an 8% increase in leasing revenue. The company made $588m from leasing the 3rd quarter of 2023 compared to $546m in the same period of 2022. During that period Avolon executed 43 lease [read more]
The iconic, and sometimes controversial, Chief Executive Officer of Qatar Airways Akbar Al Baker has announced he is stepping down from the airline after 27 years at the top. Al Baker oversaw the growth of the Gulf carrier from a small fleet of just a few planes to a 5-star [read more]
Turkiye’s newest airline, Southwind Airlines, is launching flights from Antalya, Turkiye to 10 UK airports for Summer 2024 as it looks to expand its route map. Southwind Airline launched in 2022 to continue to connect Russian tourists with Turkiye’s Mediterranean coast and later that year it added flights to Germany [read more]
October 2021 saw the long-awaited launch of transatlantic flights from Manchester Airport (MAN/EGCC) from Aer Lingus and two years on, the airline is seeing strong growth and an expanding network. Aer Lingus (operating as Aer Lingus UK) made the decision to offer a transatlantic service from Manchester based on customer [read more]
Airline leasing specialist Avolon has announced a positive 3rd quarter of 2023 with a series of new leases and fleet additions. The Dublin, Ireland based lessor says it has completed 43 lease transactions which include new aircraft, lease extensions and follow-ons. This includes 7 brand new aircraft to 7 different [read more]
Russian airline Ural Airlines has comfirmed that, subject to engineering assessments, it plans to fly their stranded Airbus A320 from the field in which it becme stranded in following and emergency. The Airbus A320 (RA73805) landed in the field following an hydraulic fsilure on a flight from Sochi to Omsk [read more]
Cathay Group has firmed up an order for 32 additional Airbus A320neo aircraft to be split between its airlines including Cathay Pacific and HK Express. The additional aircraft are made up of A320neo and A321neo variants and brings the total on order to 64. The aircraft will be used to [read more]
Dublin based Aviation leasing specialist Avolon has firmed up an order for 20 A330Neo from Airbus. The deal was originally announced as a Memorandum of Understanding (MoU) at the Paris Airshow. Avolon was a launch customer for the A330neo the airliner has proved popular with many airlines chosing to upgrade [read more]
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