23 Jul 2018

Irish Aircraft Leasing Newsletter 23 July

Avolon delivers one Airbus A320Neo to Air India Avolon announced 13 July the delivery of one A320Neo to Air India. This is the twelfth Avolon aircraft on lease to Air India. Boeing, GECAS Announce Agreement for 35 737-800 Boeing Converted Freighters Boeing and GE Capital Aviation Services (GECAS) announced today that they have reached an agreement for 35 additional 737-800 Boeing Converted Freighters at the 2018 Farnborough International Airshow. The deal, which includes 20 firm orders and an option for 15 more, would take GECAS' 737-800BCF order book from 15 to 50 and enable GECAS to serve the growing express air cargo market. GECAS Arranges Sale-Leaseback Plus PDP Financing for two Boeing 737 MAX 8s to Okay Airways Following the delivery last week of Okay Airways’ first leased Boeing 737 MAX 8, GECAS signed another contract with Okay Airways for the purchase-and-leaseback with pre-delivery payment financing of two Boeing 737 MAX 8s. The aircraft, fitted with CFM LEAP-1B engines, are scheduled for delivery in July and September 2019. GECAS Orderbook to Supply Hongtu Airlines with Four A320neo's GECAS welcomed 16 July Hongtu Airlines’ to the GE Pavilion in Farnborough to commemorate the agreement to lease four A320neo’s from GECAS’ skyline orderbook when they enter service beginning in the first quarter of 2019. Goshawk Aviation Limited orders 20 A320neo Goshawk Aviation Limited has placed a firm order for 20 A320neo. Goshawk has an owned, managed and committed fleet of over 220 aircraft including the direct order with Airbus. Goshawk has more than 120 Airbus aircraft in its portfolio (A320 Family including NEO, A330 Family including NEO and A350-900). Indian Airline Fleet Set to Double in the Next Decade According to Avolon Avolon 16 July issued a white paper titled ‘India, a 21^st Century Powerhouse’, which provides an in-depth analysis of India’s air travel market. The paper is divided in two parts; the first section details the factors impacting India’s commercial airline sector, while the second part contains an analysis of the Indian aviation market, including a detailed breakdown of the major passenger markets, airline fleets and future growth projections. The White Paper is available from the Avolon website: www.avolon.aero NAC delivered one ATR 72-600, MSN 1492, to AirSWIFT on lease Nordic Aviation Capital (NAC) confirmed 13 July the delivery of one ATR 72-600, MSN 1492, to AirSWIFT on lease. TrueNoord secures financing facility of US$500 million to underpin global growth strategy TrueNoord has closed a senior secured debt facility of US$ 500 million. The facility will be deployed to refinance part of the existing TrueNoord portfolio of Embraer, Bombardier and ATR aircraft. The remaining part of the debt facility will be used as a warehouse for future business development and fleet expansion. Acumen Aviation © 23 July All Rights Reserved.