03 Oct 2022

Irish Aircraft Leasing Newsletter 3 October

Emmet Fleming appointed new Azorra Vice President Technical

Emmet Fleming has been appointed as new Azorra Vice President Technical. In his new role will include overseeing new aircraft procurement, engineering, and fleet support for the company's fleet of aircraft.

Flydubai receives a Boeing 737-8 MAX from SMBC Aviation Capital

The delivery of one Boeing 737-8 MAX aircraft to flydubai was announced by Dublin based lessor SMBC Aviation Capital. In accordance with a sale and leaseback agreement with the airline, the aircraft is the first of three Boeing 737-8 MAX aircraft as part of sale and lease back transaction.

Four E170 aircraft and four CRJ900 aircraft were sold by NAC to American Airlines

American Airlines, which is based in Dallas, Texas, purchased four E170 and four CRJ900 aircraft from Nordic Aviation Capital. Envoy Air and PSA Airlines, both wholly owned subsidiaries of American Airlines.

Investec Bank and ACIA Aero Leasing Expand Their Credit Facility

ACIA Aero Leasing stated that Investec Bank had increased the size of its original Revolving Credit Facility. With a promise to finance three more aircraft, Investec Bank has now financed a portfolio of eleven aircraft. With the strong backing of Investec Bank, ACIA Aero Leasing CEO Mick Mooney said, "We're continuing to develop our aircraft inventory. This year, we have added nine more aircraft to our fleet, and we have a robust pipeline for third- and fourth-quarter purchases for our portfolio.”

One Airbus A320 is delivered by Avolon to Vistara

One Airbus A320neo was delivered to Vistara announced Avolon 24 August. This is the tenth aircraft leased by the carrier from Avolon.

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