AeroTime
• Stephen Pope
Airlines may face years of constrained new-aircraft supply, with engine availability and production delays expected to keep shortages in place until at least 2030, according to a report. The squeeze is driving up leasing, maintenance and fuel costs as carriers rely on older aircraft for longer.
Aircraft Finance & Leasing
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Airlines may face years of constrained new-aircraft supply, with engine availability and production delays expected to keep shortages in place until at least 2030, according to a report. The squeeze is driving up leasing, maintenance and fuel costs as carriers rely on older aircraft for longer.
Danish Air Transport is looking to acquire pre-owned ATR turboprops and Airbus A320-family jets to renew its aging fleet, CEO Jesper Rungholm told ATW. The airline does not plan to grow its fleet, making the search a replacement strategy rather than a capacity expansion.
Balerion has raised more than $200 million for its second fund, exceeding its target. The firm had closed about $90 million as of May, according to Venture Capital Journal; co-founder and General Partner Daniel Kleinmann attributed subsequent momentum to portfolio companies reaching milestones and raising up-rounds that resonated with limited partners.
High activity
Avolon has placed a firm order for 110 Airbus aircraft: 35 A330-900s and 75 A320neo-family jets. The deal also includes 70 Rolls-Royce Trent 7000 engines for the A330neo aircraft. The order forms part of a broader 250-aircraft commitment from the lessor, including 140 Boeing 737 MAXs.
Cabo Verde’s state-owned domestic carrier, Linhas Aéreas de Cabo Verde, trading as CVsky, has added an ATR 72-600 under a 12-year operating lease with Singapore-based lessor Avation. The agreement expands the carrier’s fleet with a turboprop aircraft for its domestic operations.
A Kenyan court has rejected Fly Angola’s bid to unwind its deal with Avmax. The available report provides no further details on the court’s reasoning, the transaction’s terms or the operational and financial consequences for either party.
Tech companies are accelerating bond issuance even as financing costs rise, challenging the usual pattern of slowing sales when debt gets more expensive. Talk of potentially large financings from SpaceX and Broadcom has sharpened investor concern about the growing wave of corporate debt.
Mauritania Airlines is preparing to sell its Embraer aircraft, according to a report. The available information does not specify the fleet’s size or models, the reason for the sale, or its timing, leaving the potential implications for the carrier’s fleet plan unclear.
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