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Rex Airlines Takes Delivery of First Boeing 737-800ng in Full Livery

WIL BALDWIN December 28, 2020

Rex Airlines marks another major milestone tomorrow, as the first of its Boeing 737-800NGs lands in Sydney in full Rex livery (airline colours). The aircraft arrived in Brisbane today just after 7:30pm on a transit…

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Alaska Airlines Boosts 737 MAX Orders and Options to 120 Jets

WIL BALDWIN December 22, 2020

Boeing [NYSE: BA] and Alaska Airlines [NYSE: ALK] announced that the carrier is buying 23 more 737-9 airplanes, building on its original order and an agreement last month to acquire new 737-9s through lease. The…

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Fly Leasing Closes New $180 Million Term Loan

WIL BALDWIN October 16, 2020

DUBLIN, Ireland – Fly Leasing Limited (NYSE: FLY), a global leader in aircraft leasing, today announced it has closed a new $180 million Term Loan (the “2020 Term Loan”). The interest rate on the five-year…

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Embraer E195’s Make Vietnam Debut with Bamboo Airways

WIL BALDWIN September 29, 2020

Two Embraer E195s have commenced operations in Vietnam with Bamboo Airways, offering the first jet service to Con Dao from Hanoi, Vinh and Hai Phong. Con Dao Island and the surrounding National Park is an…

TAROM Takes Delivery of First of Nine ATR 72-600

WIL BALDWIN February 19, 2020

TAROM, Romania’s national flag carrier, today took delivery of its first ATR 72-600 aircraft, the market-leading product of the world’s number one regional aircraft manufacturer. With a brand new livery, this aircraft is the first…

Lessor BBAM Orders 3 Boeing 737-800 Converted Freighters

WIL BALDWIN February 10, 2020

SINGAPORE, Feb 11 (Reuters) - Boeing Co said on Tuesday that lessor BBAM had ordered three 737-800 converted freighters to serve the growing e-commerce market and express sectors of the air cargo market. The planes…

Avolon CEO Says Green Airlines Should Pay Less to Lease Planes

WIL BALDWIN January 20, 2020

DUBLIN, Jan 20 (Reuters) - Airlines with the best environmental scores should pay less for leasing aircraft than more polluting competitors, the head of one of the world's top leasing companies said on Monday. The…

Air Niugini Delays Delivery of Four 737 MAX Jets Until at Least 2024

WIL BALDWIN January 20, 2020January 20, 2020

A Boeing 737 Max aircraft taxis the runway at the Renton Municipal Airport in Renton SYDNEY (Reuters) - Papua New Guinea carrier Air Niugini has updated its contract with Boeing Co <BA> to delay the…

ATR Delivers First Ever Green Financed Aircraft

WIL BALDWIN December 21, 2019

First of five new 72-600 orders by Braathens Regional Airlines ATR, world number one regional aircraft manufacturer, today delivered the first ever green financed aircraft to Swedish regional airline Braathens Regional Airlines, BRA. The aircraft…

Bain Capital To Invest In Atlas Air’s Aircraft Leasing Unit

WIL BALDWIN December 18, 2019

Investment firm Bain Capital Credit will invest an initial $360 million in a joint venture with Atlas Air Worldwide Holdings (NASDAQ: AAWW), a major provider of outsourced all-cargo aircraft operations and other aviation services, to lease freighter aircraft,…