27 Mar 2017

Global Aircraft Leasing Newsletter 27 March

Alrosa chooses Boeing 737 over Superjet 100 Siberian carrier Alrosa has made plans to acquire two Boeing 737-700s, as part of its fleet expansion program for 2017 and 2018 to be acquired on lease from BOC Aviation due for delivery in November 2017 and February 2018 according to Russian aviation website Russian Aviation Insider. Avation: Treasury Shares, Admission Of New Ordinary Shares And Total Voting Rights The Board of Avation PLC announced 23 March 2017, the Company sold 600 ordinary shares from treasury through the market at a price of 205 pence per share. Following this sale, the Company will have no shares held in treasury. Indian regulator removes Air Costa's E190s from register According to reports Lessor GECAS has moved to recover its property from Air Costa with the Indian Directorate General of Civil Aviation (DGCA) having struck off two of its three ERJ190s from the Indian registry. SAA will continue to lease aircraft, says board The South African Airways (SAA) board said the national carrier will continue to lease aircraft in the foreseeable future as, it is “simply not in a position” to buy them. TrueNoord Closes Financing Facility for Four Embraer E190 Aircraft Leased by AeroMexico and TUI (Jetairfly) Belgium TrueNoord, the regional aircraft lessor, has closed the first tranche of a term financing facility with DVB bank and PK AirFinance of Luxembourg for four of the six Embraer E190 aircraft that it purchased from BOC Aviation in January with leases attached. These four aircraft are operated by AeroMexico and TUI (Jetairfly) Belgium. Acumen Aviation © 27 March All Rights Reserved.