15 Jul 2019

Irish Aircraft Leasing Newsletter 15 July

Avolon Delivers One Airbus A320neo to Cebu Air Avolon announced 9^th July the delivery of one Airbus A320neo to Cebu Air. Avolon now has five aircraft on lease to Cebu Air. Avolon Delivers One Airbus A330neo to TAP Air Portugal Avolon announced 12^th July the delivery of one Airbus A330neo to TAP Air Portugal. Avolon now has ten aircraft on lease to TAP Air Portugal. Fly Leasing to Sell 12 Aircraft Fly Leasing announced 8^th July that it has contracted to sell a portfolio of 12 aircraft, comprised of Airbus A320s and Boeing 737s with an average age of eight years. Colm Barrington CEO Fly Leasing “These sales are at an aggregate gain to book value, build free cash, reduce leverage, manage lessee concentration and lower the average age of FLY’s fleet.” Goshawk delivers its first Airbus A321 Neo to Philippine Airlines Goshawk announced 23^rd November the delivery of an Airbus A321 Neo aircraft to Philippine Airlines. Peter Watson, Chief Commercial Officer at Goshawk commented “We are delighted to further enhance our existing relationship with PAL with the addition of these A321 Neo aircraft. We are convinced that PAL is very well placed to take advantage of the huge increase in passenger demand in the region and look forward to continuing to support the airlines growth over the coming years.” Jackson Square Aviation Ireland Announces Delivery Of A New Airbus A330-300 Aircraft To Scandinavian Airlines System Jackson Square Aviation Ireland (JSAI) announced 4^th July the delivery of a new Airbus A330-300 aircraft to Scandinavian Airlines System (SAS). Daniel McGrath, Senior Vice President of Marketing stated: ‘‘We look forward to continuing partnership with the airline as it further expands its medium and long haul operations.’’ NAC delivered one Embraer E195, MSN 19000413, to LOT Polish Airlines on lease Nordic Aviation Capital (NAC) announced 8^th July the delivery of one Embraer E195, MSN 19000413, to LOT Polish Airlines on lease. SMBC Aviation Capital delivers Airbus A320-200 to Batik Air SMBC Aviation Capital announced 8^th July the delivery of one (1) Airbus A320-200 aircraft (MSN 8942) equipped with two (2) CFM56-5B4/3 engines to Batik Air, a member of the Lion Air Group. Acumen Aviation © 15 July 2019 All Rights Reserved.