10 Jan 2025
#2 Jan 2025: North American Aviation Newsletter
Azorra Announces Key Appointments and Successful Aircraft Transactions
Azorra Aviation continues to strengthen its position in the market with strategic appointments and significant transactions. Susan Geitzenauer has been named Senior Vice President – Operations, while Damon J. D’Agostino takes on the role of Chief Business Officer. In the latter half of 2024, Azorra finalised the sale of seven aircraft and two airframes. Noteworthy deals include the sale of two Embraer E170s to Falko, a Boeing 777-300ER leased to Air France sold to Amergin, and two A330-200s leased to ITA Airways. Additional transactions involved Embraer E145XRs, an E190 airframe sold to AVIAN, and an ATR42-500 airframe sold to RASG for part-out purposes.
Delta Air Lines and Airbus Deepen Innovation Partnership
Delta Air Lines and Airbus announced an ambitious collaboration at CES 2025, focusing on pioneering the future of aviation. The partnership features three main initiatives: Innovation Labs for developing next-generation technology, the testing of Airbus’ "fello’fly" technique to enhance flight efficiency, and scaling Sustainable Aviation Fuel (SAF) production. Airbus has joined the Minnesota SAF Hub to further its sustainability goals. This alliance aims to revolutionise aviation through innovative practices, operational advancements, and environmental responsibility.
GOAL Aircraft Leasing and Porter Airlines Finalize Sale and Leaseback Agreement
GOAL Aircraft Leasing has completed a sale and leaseback agreement with Porter Airlines for two Embraer E195-E2 aircraft under long-term lease arrangements. Additionally, GOAL and Porter have signed a finance lease agreement for three Dash 8-400 aircraft. Christian Schloemann, Managing Director of GOAL, remarked, “We are proud to support Porter Airlines in expanding their fleet with cutting-edge aircraft and enhancing their presence in North America.”
Southwest Airlines Enters Sale and Leaseback Agreement for 36 Boeing 737-800 Aircraft
Southwest Airlines has partnered with BBAM for a sale and leaseback deal involving 36 Boeing 737-800 aircraft. BBAM will acquire the aircraft and lease them back through the Incline Aviation III investment fund, with lease terms ranging from 26 to 37 months. This move aligns with Southwest’s “Southwest. Even Better.” transformation plan, aimed at modernising operations and improving flexibility.
Acumen’s Take
On Azorra’s Appointments and Transactions
Azorra’s strategic appointments and diverse transactions showcase its adaptability and forward-thinking approach. Acumen Aviation recognises the importance of leadership alignment and robust asset management in a competitive market. Our consultancy services are tailored to empower aviation companies like Azorra to maximise portfolio value and streamline operations.
On Delta-Airbus Partnership
The Delta-Airbus partnership represents a pivotal shift toward innovation and sustainability in aviation. Acumen Aviation supports such collaborations by providing data-driven insights and consultancy expertise, helping industry leaders optimise technology integration and sustainable practices.
On GOAL’s Agreement with Porter Airlines
GOAL’s agreements with Porter Airlines highlight the value of tailored leasing solutions. Acumen Aviation specialises in structuring flexible leasing and financing options that align with our client’s growth strategies, ensuring operational excellence and competitive advantage.
On Southwest-BBAM Sale and Leaseback Deal
Southwest’s strategic sale and leaseback transaction demonstrates the importance of financial agility in modern aviation. Acumen Aviation offers comprehensive advisory services to airlines navigating similar agreements, focusing on cost efficiency and asset optimisation.
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