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Itasca MGA Structures Credit Insurance for JLPS Ireland

Itasca MGA, a UK-based insurance provider, has structured a comprehensive aircraft non-payment credit insurance policy for JLPS Ireland. The policy covers three Airbus A321neos, built in 2023, which are leased to an ultra-low-cost carrier (ULCC). The financing for these aircraft was provided by the Commonwealth Bank of Australia’s Tokyo branch.

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Spirit Airlines Seeks Sale/Leaseback for Four A321neos

Spirit Airlines, a major US-based low-cost carrier, has filed a motion to initiate sale/leaseback transactions with JSA International US Holdings. These transactions involve up to four Airbus A321neo aircraft, serials 12324, 12330, 12333, and 12425, currently scheduled for delivery to Spirit between December 17, 2024, and April 2025.

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Airbus Reports November 2024 Order Adjustments

Airbus, the European aerospace giant, has released its November 2024 order book changes, showcasing significant updates. The company reported new orders from undisclosed customers for: These additions highlight continued interest in Airbus’s wide-body and single-aisle aircraft, catering to various market demands. The A321neo remains a popular choice for its fuel efficiency and range capabilities, while the A330-900 and A350-900 models appeal to…