Philippine Airlines Eyes Expansion with Two Additional Widebody Leases
Philippine Airlines, the flag carrier of the Philippines headquartered in Manila, is setting its sights on fleet expansion with plans… Read More »
Aircastle Secures $43 Million Settlement from Russian Airlines Amidst Global Lease Disputes
In a notable development within the aviation leasing industry, Aircastle has announced a settlement agreement with two Russian airlines, amounting… Read More »
Boeing Boosts Delivery Rates to Reduce Backlog of 737 Max and 787 Dreamliners by 2024
Boeing is intensifying its efforts to expedite the delivery of its backlog of undelivered aircraft. The aerospace giant is targeting… Read More »
Turkish Airlines Expands Fleet with Addition of Ten Boeing 737-8s Through Lease Agreement
Turkish Airlines has recently announced a strategic move to enhance its fleet. The airline has entered into a dry-lease agreement… Read More »
Air Lease Corporation Settles $64.9 Million Insurance Claim with NSK for S7 Airlines
Air Lease Corporation (ALC) has successfully settled a $64.9 million insurance claim with Russia’s NSK for three A320-200s and one… Read More »
Rossiya Resolves Claim with GA Telesis Over Two A319s Amid Russia-Ukraine Conflict
Russian insurer NSK has reached a settlement with GA Telesis regarding the loss of two Airbus A319 narrowbody aircraft and… Read More »
Aircraft Leasing Companies Reassess China Exposure Amid Geopolitical Tensions and Losses
Global aircraft leasing firms are reconsidering their risk exposure in China in light of heightened tensions with the United States… Read More »
Nigeria Promises Enhanced Asset Recovery for Aircraft Lessors
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has offered reassurances to aircraft lessors about the ease of asset… Read More »