FTAI Aviation, based in the Cayman Islands, has announced the launch of its Strategic Capital initiative, a groundbreaking collaboration with third-party institutional investors. This initiative is poised to leverage substantial market opportunities in the B737NG and A320ceo segments, with an annual deployment target exceeding $3 billion in capital.
CALC (Hong Kong) has taken another significant step in its strategic expansion, with its Special Purpose Vehicles (SPVs) entering into Aircraft Sale and Purchase Agreements with a subsidiary of Aircraft Recycling International(Cayman Islands). The agreements cover the acquisition of two A320 aircraft, with the transactions expected to be finalized by the end of December 2024.
CALC (Hong Kong) has announced that its Special Purpose Vehicle (SPV) has signed an Aircraft Sale and Purchase Agreement with Moutai Leasing (China). This agreement pertains to the sale of one lease-attached A320neo, marking a significant transaction in the aviation leasing sector. The sale is expected to conclude in January 2025, further strengthening CALC’s asset management strategy and Moutai Leasing’s aircraft…
China Aircraft Leasing Group Holdings Limited (CALC) has been awarded its first-ever long-term credit rating, achieving an Ag- grade with a stable outlook. This recognition comes from the China Chengxin (Asia Pacific) Credit Ratings Company, a prominent credit assessment agency renowned for evaluating financial institutions in the Asia-Pacific region.
IndiGo, India’s largest airline by fleet size, has announced plans to explore the earlier introduction of widebody aircraft into its operations to meet growing passenger demand. According to industry sources, the airline is reportedly in discussions with Norse Atlantic Airways, a Norwegian carrier, to wet lease six Boeing 787s.
Iberia, Spain’s flagship airline, has entered into wet-lease agreements to sustain its operations between Madrid and Santo Domingo as its own Airbus A330 fleet undergoes maintenance. The airline has leased an A330-300 from Wamos Air and an A330-900 from Iberojet, both based in Spain, to cover the temporary gap in capacity.
Bamboo Airways, a prominent Vietnamese airline, has entered into a wet-lease agreement with FlyOne, a Romanian carrier, for an Airbus A320. This arrangement became effective on December 13, 2024, and is expected to bolster Bamboo Airways’ operational capacity during peak travel periods.
Arkia Israeli Airlines, one of Israel’s prominent carriers, has entered into a wet-lease agreement with FLY LILI, a Romanian airline, to lease an Airbus A320 and an Airbus A321. This agreement is set to last until October 31, 2025, bolstering Arkia’s operational capacity for both domestic and international routes.
Spectre Cargo Solutions (US), through its Irish affiliates, has accused SpiceJet (India) of removing engines from leased Boeing 737 freighters (B737Fs) in what it claims is a breach of lease agreements. The allegations add to the ongoing challenges faced by SpiceJet regarding its leased aircraft management and operational practices.
Willis Lease Finance, a leading aircraft leasing and engine solutions provider based in the United States, has announced the appointment of Stephen Jones to its Board of Directors, effective 01 January 2025.
