Riyadh Air, Saudi Arabia’s emerging premium airline, has signed a deal to purchase 60 Airbus A321neo aircraft, bolstering its fleet as it prepares for its inaugural flights in 2025. The announcement, made during the 8th Edition of the Future Investment Initiative (FII) in Riyadh, marks the airline’s second major aircraft order and reflects its commitment…
REGENT Craft, a U.S.-based innovator in maritime transportation, has announced that United Marine Egypt Shipping will be the first customer to receive its Monarch seaglider, a groundbreaking 50-100-passenger craft designed for high-speed, eco-friendly coastal travel. The Monarch seaglider’s delivery is slated for completion before the end of the decade, marking a significant step in the…
JD Airlines, a growing player in China’s cargo aviation market, has taken delivery of a Boeing 737-800BCF (Boeing Converted Freighter), serial number 30697. Leased and equipped with CFM56-7B26 engines, this freighter addition aligns with JD Airlines’ strategy to expand its air cargo capabilities amidst increasing demand for air freight services across China. The B737-800BCF is…
IBA Group, a UK-based aviation consultancy, has announced an expansion of its exclusive mandate to remarket Embraer E190AR aircraft, increasing the offering from three to four aircraft. The E190ARs, equipped with CF34-10E6 engines, are currently operational with an East African airline and are available for outright purchase. This expanded mandate reflects IBA Group’s reputation for…
Frontier Airlines is set to expand its fleet with the addition of six Airbus A321neo aircraft and two spare engines in the fourth quarter of 2024, financed through sale/leaseback transactions. This latest delivery round follows the arrival of five A321neos in Q3, bringing the carrier’s total fleet count to 159 by year’s end. Known for…
UK-based Falko Regional Aircraft has completed the acquisition of 11 Embraer E-Jets from Nordic Aviation Capital (NAC) of Ireland. This transaction, part of a sale and purchase agreement initially signed in March 2024, includes E175, E190, and E195 models. These regional jets are currently leased to LOT Polish Airlines, a key operator in Europe’s regional…
Taiwan’s EVA Air has announced that its scheduled deliveries of Boeing 787 aircraft are expected to proceed on time, despite the ongoing strike at Boeing. However, the airline anticipates potential delays in the delivery of its Boeing 777 Freighter (B777F) aircraft due to production slowdowns related to the labor strike. This development reflects EVA Air’s…
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), has announced the successful completion of a mandate to sell eight Airbus A330-200 aircraft. This transaction underscores CDB Aviation’s robust asset management capabilities and its commitment to delivering tailored solutions for its stakeholders.
Breeze Airways, the U.S.-based low-cost carrier, has announced plans to continue operating its Embraer aircraft until 2026, extending their service beyond initial projections. This strategic decision reflects the airline’s commitment to maintaining operational flexibility and meeting evolving market demands.
Avianca, Colombia’s flagship carrier, has recently taken delivery of a new Airbus A320neo, serial number 12100, equipped with advanced LEAP-1A26 engines. This latest addition reflects Avianca’s ongoing commitment to fleet modernization, focusing on operational efficiency and environmental sustainability. The LEAP-1A26 engines, produced by CFM International, are well-regarded for their fuel efficiency and reduced emissions, aligning…
