AerCap News

AeroTime • Goda Labanauskaitė

SpiceJet Settles Insolvency Case with Aircastle for $5.6M

SpiceJet and aircraft lessor Aircastle have reached a $5.6 million settlement, resolving the insolvency proceedings initiated by Aircastle. This settlement marks a significant step for SpiceJet as it addresses its financial challenges amid ongoing industry distress.

2024-11-28T06:29:11.625828-08:00

Cargo Facts

MJets Air Adds Fifth 737-800BCF to Fleet via AerCap Lease

2024-10-10T16:26:04.919931-07:00

Breitflyte

AerCap to Lease Six A320neo Family Aircraft to Azerbaijan Airlines

2024-10-02T04:05:47.371975-07:00

FlightGlobal

Chorus Aviation's $825M Leasing Sale Approved by Shareholders

2024-09-25T13:43:07.668126-07:00

AerCap News Timeline

AeroTime

SpiceJet Settles Insolvency Case with Aircastle for $5.6M SpiceJet and aircraft lessor Aircastle have reached a $5.6 million settlement, resolving the insolvency proceedings initiated by Aircastle. This settlement marks a significant step for SpiceJet as it addresses its financial challenges amid ongoing industry distress.

2024-11-28T06:29:11.625828-08:00

SpiceJet Settles Insolvency Case with Aircastle for $5.6M

Cargo Facts

MJets Air Adds Fifth 737-800BCF to Fleet via AerCap Lease MJets Air is set to operate its fifth Boeing 737-800BCF after leasing the aircraft from AerCap. This 2007-vintage freighter, previously owned by Raindo United Services, recently completed a test flight under Malaysian registration from Kuala Lumpur's Sultan Abdul Aziz Shah Airport.

2024-10-10T16:26:04.919931-07:00

MJets Air Adds Fifth 737-800BCF to Fleet via AerCap Lease

Breitflyte

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AerCap to Lease Six A320neo Family Aircraft to Azerbaijan Airlines Azerbaijan Airlines has signed lease agreements with AerCap for six Airbus A320neo family aircraft, including three A320neos and three A321neos. The CFM LEAP-powered jets are scheduled for delivery in 2026, supporting the airline's fleet modernization efforts and expanding its service capacity.

2024-10-02T04:05:47.371975-07:00

AerCap to Lease Six A320neo Family Aircraft to Azerbaijan Airlines

FlightGlobal

Chorus Aviation's $825M Leasing Sale Approved by Shareholders Chorus Aviation shareholders have approved the $825 million sale of its regional aircraft leasing business to HPS Investment Partners. The transaction received 98.1% approval and is expected to close by year-end, signaling a strategic shift for Chorus.

2024-09-25T13:43:07.668126-07:00

Chorus Aviation's $825M Leasing Sale Approved by Shareholders

Air Data News

Azul Linhas Aéreas Nearing Deal to Transfer 20% Stake to Lessors Azul Linhas Aéreas is reportedly finalizing an agreement with its aircraft lessors. The proposed deal aims to resolve financial restructuring speculation by transferring a 20% equity stake to these lessors, strengthening the airline’s balance sheet and stabilizing its operations amidst ongoing financial challenges.

2024-09-14T02:47:29.295507-07:00

Azul Linhas Aéreas Nearing Deal to Transfer 20% Stake to Lessors

Air Data News

Alliance Offloads E190s to Secure CF34 and Tay Spares Alliance Airlines is divesting six Embraer 190 airframes to maintain its supply of GE Aerospace CF34 engines, alongside selling 13 surplus Rolls-Royce Tay engine cores. This strategic move ensures availability of critical spare parts for its fleet amid industry shortages.

2024-09-05T04:27:28.529279-07:00

Alliance Offloads E190s to Secure CF34 and Tay Spares

Breitflyte

AerCap Delivers First Three Airbus A321neos to AirAsia as Part of 15-Aircraft Deal AerCap Holdings has delivered the first three of 15 Airbus A321neo aircraft on long-term lease to AirAsia Group. The remaining 12 aircraft are scheduled for delivery in 2024 and 2025.

2024-08-01T06:09:31.201756-07:00

AerCap Delivers First Three Airbus A321neos to AirAsia as Part of 15-Aircraft Deal

Reuters

AerCap Raises FY24 EPS Outlook on Strong Q2 Performance AerCap has increased its full-year earnings forecast for the second time in 2024, driven by gains from aircraft sales and higher lease revenues in Q2. The company reported a Q2 Non-GAAP EPS of $3.01, exceeding expectations by $0.67, and revenue of $1.96 billion.

2024-08-01T01:49:43.304354-07:00

AerCap Raises FY24 EPS Outlook on Strong Q2 Performance