Air India Express issues B737-800 dry lease RFP
Air India Express has issued a Request For Proposals (RFP) for the dry lease of two Boeing 737-800s for a period of eight years with an option to extend the lease for a further four years.
ANA to lease four Boeing 737-800s as MRJ delays continue
ANA Holdings Inc will lease four Boeing 737-800 aircraft while it awaits delayed deliveries of the country’s first commercial aircraft in 50 years, the 90-seat Mitsubishi Regional Jet (MRJ), a senior executive told Reuters. The aircraft will be leased from Singapore-based BOC Aviation Limited and Dublin-based SMBC Aviation Capital, a representative said.
ATSG’s Bank Credit Facility Expands to Support Fleet Growth
Air Transport Services Group, Inc announced 3 April that it has obtained lender commitments for a one-year extension through May 2022 of its secured credit facility, and an expansion of its revolver portion. The amendment to ATSG’s agreements with a consortium of banks, led by SunTrust, increases the revolving credit portion of the facility by $120 million, to $545 million. Additionally, the amendment preserves ATSG’s access to a $100 million accordion feature, subject to lender consent.
Avation sells more shares
Avation, the Singapore based aircraft lessor, has sold 600 ordinary treasury shares at £2.05 ($2.58). This follows Avation’s allotment of 1,816,000 new ordinary shares in the previous week. It has listed the new shares on the standard segment of the Official List of the UK Listing Authority.
Biman Bangladesh issues Hajj widebody wet-lease RFP
Biman Bangladesh Airlines has issued a Request For Proposals (RFP) for the wet-lease of two, 300-seater widebody aircraft to cover Hajj flights between Bangladesh and Saudi Arabia over the period July 25 to October 8, 2017.
CIT Closes Leasing Sale To Avolon, Exits Market
CIT Group marked the end of an era April 4 as the financial holding company exited the aircraft leasing market and closed the sale of its commercial aircraft leasing business to Avolon Holdings for a final purchase price of $10.4 billion.
Finnair completes A350 sale and lease back with GE
Finnair took delivery of one Airbus A350. It will operate the aircraft on a sale and leaseback agreement with GE Capital Aviation Services (GE). The aircraft will be sold to GE and leased back to Finnair for 12 years, with options to extend the period.
NAC seals $209.6m deal for two Airbus A330-200 Aircraft
Nepal Airlines Corporation (NAC) is to acquire wide-body aircraft to expand its network beyond Asia came closer to fruition last Friday with the signing of the final purchase agreement for two Airbus A330-200 from US-based AAR Corp. The $209.6-million contract for two A330-200 marks the largest-ever jet purchase deal in Nepal’s aviation history. The aircraft are expected to be delivered by 2018Q2.
Spirit files for $228 million debt for six aircraft
Spirit Airlines, the Florida-based low cost carrier, has entered into an agreement to source $228 million in debt financing for six aircraft. The aircraft comprise one A320-200 and five A321-200s were purchased under and existing agreement with Airbus and will be delivered between June and November 2017.
Zetta Jet Grows Rapidly In Trans-Pacific Charter Market
Singapore-based Zetta Jet has quickly established itself as one of the fastest growing charter flight providers in the Asia Pacific region. The Chinese market has been a critical driver of the private company’s growth. Zetta Jet signed a $129 million deal to lease four Bombardier Challenger 650s from China’s Minsheng Financial Leasing
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