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Genesis Acquires Three Narrowbody Aircraft from BOC Aviation

ByAdmin

Genesis, an Ireland-based aircraft leasing company, has completed a transaction with BOC Aviation of Singapore, acquiring three of the most sought-after narrowbody aircraft in the aviation market. This acquisition includes a Boeing 737-8 currently on lease to TUI in Germany, an Airbus A320 with Volaris in Mexico, and an Airbus A320neo leased to TAP Air Portugal. These aircraft are among the most liquid models in the narrowbody segment, reflecting Genesis’s…

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Doric Nimrod Air Two Completes Sale of Three A380s, Plans More Sales

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Doric Nimrod Air Two, a UK-based aircraft leasing fund, has announced the successful sale of three Airbus A380aircraft, specifically serial numbers 105, 106, and 107. The proceeds from these sales will be distributed to the fund’s shareholders, aligning with Doric Nimrod’s strategic plan to gradually monetize its A380 assets as market conditions evolve. This sale highlights the fund’s commitment…

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Bamboo Airways Adds New A320 to Fleet, Plans Growth by 2025

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Bamboo Airways, a leading airline based in Vietnam, has strengthened its fleet with the recent addition of an Airbus A320 aircraft, designated 4692. This new aircraft arrives just in time for the year-end peak travel season, bolstering Bamboo Airways’ capacity to meet the anticipated surge in passenger demand. The delivery aligns with Bamboo’s strategic growth plan, which envisions…

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Air China Receives C919 Aircraft Powered by LEAP-1C30 Engines

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Air China has expanded its fleet with the addition of a C919 aircraft, serial number 00021, marking a significant milestone for the Chinese aviation sector. This delivery showcases China’s ambitions in aircraft manufacturing and Air China’s commitment to diversifying its fleet with domestically produced models. The C919, manufactured by Commercial Aircraft Corporation of China (COMAC), is poised to compete…

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Aergo Capital Acquires A321 Aircraft Leased to Wizz Air

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Aergo Capital, a prominent Irish aircraft leasing firm, has acquired an Airbus A321-200 aircraft, with serial number 6976, from an investor customer of FPG Amentum, also based in Ireland. The aircraft, currently leased to Wizz Air, a low-cost airline headquartered in Hungary, marks a strategic addition to Aergo Capital’s growing portfolio. This acquisition aligns with Aergo Capital’s objectives to expand…

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flynas to Launch Nonstop Riyadh–Entebbe Service in January 2025

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flynas, a Saudi Arabian low-cost airline, has announced the launch of a new nonstop service connecting Riyadh to Entebbe, Uganda. Scheduled to commence on 12 January 2025, the route will be operated with the fuel-efficient Airbus A320neo. This new service marks an important step for flynas as it expands its international footprint in East Africa,…

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Compass Cargo Airlines Launches Liege–Zhengzhou Route via Sofia

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Compass Cargo Airlines, a Bulgarian cargo carrier, has inaugurated a new route from Liege, Belgium, to Zhengzhou, China, with a stopover in Sofia, Bulgaria. The service, which began on 1 November 2024, is operated with a Boeing 747-400F, identified by serial number 26559. This addition to Compass Cargo’s network is expected to bolster cargo connectivity…

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AirAsia Cambodia to Launch Phnom Penh–Ho Chi Minh City Route in December 2024

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AirAsia Cambodia has announced the launch of a new route connecting Phnom Penh, Cambodia, to Ho Chi Minh City, Vietnam. Scheduled to commence on 22 December 2024, the route will be operated with an Airbus A320, offering passengers a reliable and affordable travel option between these two bustling Southeast Asian cities. This addition aligns with…

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Boeing Machinists Accept New Contract, Ending Strike with 38% Pay Increase

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Boeing machinists have voted to accept the company’s latest contract offer, officially ending a strike that began on 13 September 2024. The new contract, which promises a 38% pay increase spread over four years, addresses key demands and reflects Boeing’s commitment to reaching a fair and equitable agreement with its workforce. This development brings a…

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Star Air Plans 25-Aircraft Fleet with New E175s by 2027

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Star Air, a regional airline based in India, has set an ambitious goal to expand its fleet to 25 aircraft over the next 36 months. This strategic plan includes the addition of Embraer E175 aircraft, with two new E175s expected by March 2025. The airline’s fleet growth will continue with four more E175s scheduled for…