South African regional carrier Airlink, a long-time Embraer operator, has committed to 10 Embraer E195-E2s becoming the newest operator of the type. The aircraft will be financed via leasing specialist Azorra and will add to the existing fleet of 68 aircraft. Choosing the E195 E2 was a natural choice for [read more]
Dublin headquartered leasing and aviation finance specialist Avolon has agreed a deal to lease 10 Airbus A321neos to Turkish Airlines’ low-cost subsidiary, AJet. The aircraft will come from Avolon’s extensive orderbook with Airbus which currently stands at 294 A320neo family aircraft and will be used to support AJets fleet renewal [read more]
Global Airlines, the UK-based A380 startup that is the brainchild of entrepeuner James Asquith, was started with the goal of reinventing air travel and bringing it back to the golden age providing scheduled flights onboard an A380 super jumbo but could that all be about to change. According to an [read more]
Dublin, Ireland based leasing specialist Avolon has seen its net income increase by 36% in Quarter 1 of 2025. Avolon specialises in leasing airliners to airlines across the globe with a strong focus on modern fuel effecient aircraft. Quarter 1 (Q1) saw the Irish lessor have an income of $145 [read more]
Airbus has gained an order for 50 Airbus A320neo aircraft from Japanese leasing specialist Jackson Square Aviation. The lessor, which is part of the Mitsubishi HC Capital Group, is a first-time customer for the European OEM with the deal showing the high demand for the single-aisle airliner family. The order [read more]
Dublin-headquartered leasing specialist Avolon reported a 79% increase in income for the last financial year, with a total income of $608 million. The company, which specialises in fuel-efficient modern airliner leasing, also recorded a record operating cash flow of $2 billion, up 15% from the previous year. Avolon has seen [read more]
Irish leasing and aviation financing specialist Avolon has reported a strong 9 months of 2024 with the purchase of 134 aircraft arranged during that period. The figures come as Avolon releases its 3rd Quarter (Q3) statement which shows that during Q3 it delivered 9 new aircraft, and transitioned the lease [read more]
Dublin Ireland headquartered aviation leasing specialists Avolon has agreed to acquire Castlelake Aviation Limited, including its aircraft portfolio along with orders and options. Castlelake’s assets consist of a $5bn aircraft portfolio with 105 aircraft already on lease with airlines, 70% of which are new technology aircraft, as well as commitments [read more]
Crawly-based leasing and charter specialist Smart Aviation has brokered an ACMI (Aircraft, Crew, Maintenance and Insurance) lease deal between Air Arabia Maroc and Lithuanian charter airline GetJet for an Airbus A320. Air Arabia Maroc, part of the Air Maroc Group, contacted Smart Aviation after a delivery delay, which meant they [read more]
Dublin, Ireland-based leasing specialist Avolon has raised $750 million from a new credit facility with a syndicate of seven banks. Avolon which specialises in next-generation airliner leasing such as the A320neo family will extend the lessor’s lending capacity providing more opportunities in the airline sector. The latest credit line, which [read more]
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