Falko, a UK-based specialist in regional aircraft leasing, has provided a comprehensive summary of its 4Q 2024 and full-year 2024 portfolio activity, showcasing significant achievements in transactions and portfolio management.
Avion Express Brasil, a Brazilian airline, has celebrated a major milestone with the delivery of its first aircraft, an Airbus A320, identified by serial number 3601. The aircraft was acquired on lease from Azorra, a prominent U.S.-based leasing company.
Air Lease Corporation (ALC), a leading aircraft leasing company based in the United States, has announced the establishment of its commercial paper program. The program enables ALC to issue Notes with an aggregate face or principal amount outstanding under the program capped at US$2.0 billion.
KlasJet, a prominent charter and ACMI provider based in Lithuania, has announced the continuation and expansion of its strategic partnership with Sun d’Or, an Israeli airline and subsidiary of El Al. As part of this collaboration, KlasJet will lease a fourth Boeing 737-800 to Sun d’Or for a designated period, spanning from 28 December 2024 to 31 March 2025.
Genesis, an Irish leasing company, has completed a significant transaction with its trading partner Carlyle Aviation Partners, also based in Ireland. The deal involves the acquisition of three aircraft, marking a notable development in Genesis’s growing portfolio.
Avation, a Singapore-based aircraft lessor, has announced that Philippine Airlines (PAL) has not exercised the early termination option for its leased Boeing B777-300ER. As a result, the lease will continue through its full term, set to expire in December 2029.
Southwest Airlines, the largest low-cost carrier in the United States, has announced a sale-leaseback transactioninvolving 36 Boeing B737-800s. The deal, conducted with aircraft management firm BBAM, aligns with Southwest’s strategy to monetize the surplus value of its exclusively all-B737 fleet.
Challenge Group, a Malta-based aviation company, has achieved a significant milestone by registering Europe’s first B777-300ERSF under its 9H Air Operator Certificate (AOC). This marks the introduction of the B777-300ERSF, a converted freighter, into the European market, with the group planning to receive two units in 2025.
Azorra (US) has announced the appointment of Susan Geitzenauer as Senior Vice President – Operations. This strategic addition to the leadership team highlights Azorra’s commitment to operational excellence and its focus on enhancing efficiency as the company continues to grow.
CDB Aviation, a global leader in aircraft leasing based in Ireland, has released its performance highlights for 2024, showcasing impressive growth and strategic milestones. Over the year, the company executed 36 transactions involving 70 new and used aircraft, reflecting its robust operational activity and commitment to meeting market demand.
