Stratos, a prominent aircraft investment specialist and asset manager, has delivered two Airbus A320ceos on long-term operating lease to Turkish Airlines. The delivery, announced on 25 November 2024, supports Turkish Airlines’ ongoing fleet expansion, further solidifying its position as the airline with the most extensive global network.
China Aircraft Leasing Group Holdings Limited (CALC), a prominent lessor based in Hong Kong, has entered into sale and purchase agreements with WWTAI Airopco 1 Bermuda for the divestment of six aircraft. The transaction, facilitated through six of CALC’s Special Purpose Vehicles (SPVs), is expected to be finalized by March 2025.
BOC Financial Leasing Co., a leading aircraft lessor in China, has successfully acquired two Airbus A320neo aircraft through a Special Purpose Vehicle (SPV) established in Tianjin. This strategic acquisition, valued at over $120 million, involved the purchase of the aircraft from an Irish SPV owned by a European lessor.
Itasca MGA (UK) has announced its role in providing insurance backing to Elevate Capital Partners (US) for a financing solution involving two E195-E2 aircraft. This partnership underscores the importance of comprehensive insurance solutions in enabling complex aviation financing arrangements.
Phoenix Aviation Capital (Ireland) and AIP Capital (US) have jointly announced the acquisition of a Boeing 787-9, identified by serial number 40646. The aircraft is on a long-term lease with American Airlines (US) and was purchased from ORIX Aviation (Ireland).
Avation, a Singapore-based aircraft leasing company, has entered into a term sheet agreement with a major international bank for a $85 million portfolio financing facility. This facility will be utilized primarily for the refinancing of existing aircraft within Avation’s fleet and for the acquisition of additional aircraft, subject to specific conditions.
IAT Leasing, an Ireland-based leasing company, has announced the acquisition of a 2013 Airbus A330-300, serial number 789, from Castlelake, a U.S. private investment firm. The aircraft is currently leased to Aer Lingus, a leading Irish carrier, and was acquired on behalf of a U.S. investor partner.
Fly2Sky, a Bulgarian charter airline, has signed a three-year wet lease agreement with SkyUp Airlines of Ukraine, providing aircraft to support SkyUp’s growing operations. The deal includes the wet lease of two Airbus A320s for the full three years and two Airbus A321s, which will remain in service until October 31, 2025.
Bangkok Airways, a regional airline based in Thailand, is evaluating options to replace its aging fleet of 11 Airbus A319s and two A320s with either the Airbus A220 or the Embraer E2. A final decision is expected by the end of 2024, with aircraft deliveries anticipated to begin in 2026 at the earliest. This move reflects Bangkok Airways’ commitment to modernizing its fleet and enhancing operational…
Aviation Capital Group (ACG), a leading US-based aircraft leasing company, has reported its 9M 2024 financial results with total revenues reaching $923 million and net income of $113.8 million. The company’s cash and cash equivalents stand at $241.9 million, underscoring ACG’s strong liquidity position and financial resilience in the aviation leasing market. This performance highlights ACG’s consistent revenue growth and profitability amid the recovery of the aviation…
