19 Jun 2017

Irish Aircraft Leasing Newsletter 19 June

Arctic Aviation Assets (AAA) orders two new Boeing 737 MAX aircraft Norwegian´s fully owned subsidiary Arctic Aviation Assets (AAA) has ordered two new Boeing 737 MAX aircraft. In addition, AAA signed a Letter of Intent (LOI) for a sale-leaseback transaction of 11 Boeing 737-800 aircraft currently operated by Norwegian. Norwegian has exercised its options to order two new Boeing 737 MAX aircraft that will be delivered during 2018. Following this announcement, AAA now has a firm order of 110 Boeing 737 MAX aircraft and 90 remaining purchase options. AWAS delivers Airbus A320 to VivaAerobus AWAS announced 13 June the delivery of a new Airbus A320-200 on lease to existing customer VivaAerobus. The aircraft is equipped with IAE V2527-A5 engines. This transaction is being financed through a purchase-leaseback agreement. AWAS now leases a total of seven A320 family aircraft to VivaAerobus. NAC delivered one ATR 72-500, MSN 773, to Hunnu Air on lease Nordic Aviation Capital (NAC) announced 13 June the delivery of one ATR 72-500, MSN 773, to Hunnu Air on lease. SMBC Aviation Capital, an aircraft leasing company, records revenue and other operating income growth by 11% to $1,162 million in FY 2017 SMBC Aviation Capital, an aircraft leasing company, reported the results for the financial year ended March 31, 2017. The company records revenue and other operating income growth by 11% to $1,162 million, (compared to $1,046 million in 2016), attributing it to the investments in young aircraft combined with strong aircraft trading activity. SMBC Aviation Capital CEO Peter Barrett said “The delivery of the newest technology aircraft has commenced with the placement on sale and leaseback over the year of four A320neos, seven Boeing 787-8s and our first A350 since year end.  We are pleased with the global footprint of our business, particularly with activity in Asia.” Acumen Aviation © 19 June All Rights Reserved.