AerCap Holdings N.V. reported a solid Q3 2024, delivering a net income of $375 million and an adjusted net income of $463 million, reflecting its strong market position and operational stability. AerCap increased its 2024 adjusted earnings per share (EPS) guidance to around $10.70, driven by record cash flows and high asset utilization. Over the…
Ireland-based aircraft leasing firms, widely favored by Indian airlines for fleet expansion, are now under scrutiny from India’s tax authorities. The investigation stems from concerns that these lessors might be exploiting favorable tax treaties, specifically by structuring their businesses in Ireland to minimize tax liabilities in India. Leasing companies registered in Ireland benefit from the…
Crestone Air Partners, Inc. (CAP) has welcomed Alan Kehoe as Vice President of Marketing & Trading. Kehoe brings a wealth of experience in aviation leasing and trading, previously holding prominent roles such as Director of Aircraft and Engine Trading at AerSale, Inc., and Vice President of Origination at Aquila Air Capital. His appointment strengthens Crestone’s…
SMBC Aero Engine Lease (SAEL) has celebrated a major milestone with the delivery of its 100th engine—a PW1133GA-JM— to Cebu Pacific Air. This engine delivery is part of a customized sale and leaseback solution tailored to support Cebu Pacific’s fleet growth and operational needs. Cebu Pacific, one of SAEL’s largest airline customers, benefits from SAEL’s…
KlasJet, a private jet charter provider and part of Avia Solutions Group, has entered a six-month ACMI (Aircraft, Crew, Maintenance, and Insurance) agreement with Congo Airways to lease a Boeing 737. Starting in November 2024 and running until April 2025, the aircraft will be based at Kinshasa Ndjili International Airport, focusing on domestic flights to…
Fly2Sky, a Bulgarian ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, has secured a new contract with TUI Group, Germany’s leading tourism company, for the summer 2025 season. Under this agreement, Fly2Sky will operate four aircraft on behalf of TUI, enabling TUI to meet anticipated demand across its European network. This arrangement will support TUI’s strategy…
Avion Express, a Lithuania-based ACMI (Aircraft, Crew, Maintenance, and Insurance) and charter provider, has bolstered its fleet with the recent addition of an Airbus A321, serial number 2653, LY-NVH, leased and powered by V2533-A5 engines. This acquisition aligns with Avion Express’s commitment to expanding its service offerings across Europe and meeting the rising demand for…
