Nayak Aircraft Services, a Germany-based provider of aircraft maintenance services, has successfully completed the acquisition of Hovby Aero / Nordic MRO, a Swedish MRO (Maintenance, Repair, and Overhaul) organization. The newly formed entity will operate under the name Nayak-LM Nordic.
Deucalion Aviation closed out 2024 with an impressive portfolio of 75 transactions, reflecting a total value of over $1 billion. The UK-based aviation asset manager demonstrated its industry leadership through a mix of activities, including 33 aircraft sales and leases and 35 end-of-life aircraft sale/lease transactions. These efforts emphasize Deucalion’s capability to handle the full spectrum of aircraft life cycles, from…
AerDragon Aviation Leasing Company has successfully completed the sale of two A320 aircraft, both currently on lease, to Xiamen Aircraft Leasing Co.. This transaction highlights the growing collaboration between key players in the Chinese aviation leasing market.
BOC Aviation (Singapore) has expanded the responsibilities of Paul Kent, its Chief Commercial Officer (CCO), to include oversight of the company’s global airline leasing and sales teams. This expansion consolidates the leasing and sales functions in the Asia-Pacific and Middle East regions under his leadership, integrating them with his existing responsibilities.
Crestone Air Partners is offering two A321 freighter aircraft for immediate availability. One A321-200 is currently undergoing freighter conversion, while another A321F airframe is ready for immediate sale or lease and located in Marana, AZ.
Aircraft Leasing & Management (UK) has announced the sale of an Airbus A320, identified by serial number 4001, to elfc (Ireland). The aircraft remains subject to an existing lease with Avianca (Colombia), ensuring its continued operation within the Avianca fleet.
Nordic Aviation Capital (Ireland) has completed the sale of an ATR72-600 to Regourd Aviation (France), marking another successful transaction for the leading regional aircraft lessor. The ATR72-600 is a highly efficient turboprop, well-suited for regional operations and short-haul routes, making it a valuable addition to Regourd Aviation’s growing fleet.
AFI KLM E&M and CFM International (US) have signed an agreement to purchase up to 10 spare LEAP-1A and LEAP-1B engines. These engines will bolster AFI KLM E&M’s portfolio of LEAP Premier MRO services, enabling the company to provide comprehensive maintenance, repair, and overhaul solutions to airline customers globally.
Aergo Capital (Ireland) has completed the sale of three DHC8-400 aircraft to Avmax Aircraft Leasing (Canada). The aircraft, with serial numbers 4323, 4332, and 4380, are part of Aergo Capital’s strategic fleet management, demonstrating its ability to successfully transition assets to new owners.
Lufthansa Group (Germany) is poised to finalize a major deal to acquire a stake in ITA Airways (Italy) on January 13, 2025, marking the culmination of years of negotiations. This strategic investment is expected to strengthen Lufthansa’s position in the European aviation market and provide ITA Airways with a stable partner to support its growth and modernization efforts.
