Aergo Capital continues transition out of classic aircraft with disposal of two vintage aircraft
Aergo Capital has announced the sale of two (2) aircraft as the company continues to reduce the average age of its fleet. Aergo sold one vintage Airbus A320-200 bearing Manufacturers Serial Number 0662 to a third party aircraft lessor. The aircraft is subject to an operating lease with Smartlynx Airlines. Aergo also sold one Vintage Boeing 737-300 bearing Manufacturers Serial Number 29334 to Plane Business Limited.
AerCap Expects Widebody Aircraft Deferrals
AerCap CEO Aengus Kelly believes that airlines will continue to defer widebody aircraft deliveries, but his view of the market remains fundamentally positive “We see big deferrals in the widebody market” Kelly told an audience at the Airline Economics Growth Frontiers conference in Dublin.
AerCap handles transactions covering 458 aircraft in 2016
Dublin based aircraft lessor AerCap leased, purchased and sold a total of 458 aircraft in 2016 and signed $4.6 billion in financing transactions. Detailing its year-end figures on 16 January. AerCap said it had signed leases on 279 aircraft, bought a further 38 and sold 141 over the 12-month period.
Aergo Capital, PK AirFinance and KDB provide four 737’s for Indonesian Airlines
Aergo Capital has announced 17 January PK AirFinance and the Korea Development Bank as debt partners on four Boeing 737-900ER aircraft subject to leases with to Sriwijaya Air (two aircraft) and Thai Lion Air (two aircraft).
Avolon Receives Corporate Credit Ratings
Avolon Holdings Limited announced 12 January that the three international credit rating agencies, Fitch Ratings, Moody’s and S&P Global have issued corporate/issuer credit ratings on Avolon.
CDB Aviation Lease Finance Appoints Peter Chang As New President & Chief Executive Officer
CDB Aviation Lease Finance the aircraft leasing unit of China Development Bank Financial Leasing Co., Limited announced 12 January the appointment of Peter Chang as its new President & Chief Executive Officer. Mr. Chang will lead CDBALF into the next phase of growth by building a world-class, industry-leading management team and expanding focus beyond China to continue the company’s growth momentum with a view to becoming one of the world’s leading aviation leasing companies.
NAC delivered one ATR 72-500, MSN 538, to PT Trigana Air Service on lease
Nordic Aviation Capital (NAC) confirmed 11 January that it has delivered one ATR 72-500, MSN 538, to PT Trigana Air Service on lease.
SMBC Aviation Capital completes transaction with Royal Aero GmbH
SMBC Aviation Capital announced 13 January that Royal Aero GmbH, Germany, has acquired an Airbus A319-100 (MSN 1541) from its portfolio. This aircraft is Royal Aero’s first A319 acquisition and will remain on lease with Bhutan Airlines.
SMBC Aviation Capital Concludes First Aircraft Delivery of 2017
SMBC Aviation Capital has delivered one Boeing 737-800 aircraft (MSN 35017) to Ukraine International Airlines (UIA). This is SMBC Aviation Capital’s fourth aircraft delivery to UIA and the company’s first delivery of 2017. The aircraft underwent a modification programme at Dublin airport and is the final delivery of a four aircraft deal.
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