lease

Belavia Looks to New Leasing Options Following EU Sanctions

In the wake of the standoff at the Poland-Belarus border, the national airline of Belarus is looking for an alternative arrangement for future leasing deals that parts ways with leased aircraft that are tied to the European Union. The airline itself was called out this fall after being accused of bringing migrants from Iraq and […]

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Flyr Adding Boeing 737 MAX To Fleet

Having just taken to the skies for the first time in June, Norway’s new airline Flyr has decided to take yet another step in expanding its fleet in a way that is similar to that of the old Norwegian. The Oslo-based Flyr on Wednesday signed a letter of intent with Air Lease Corporation for six […]

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China Airlines Selects New Aircraft to Upgrade Regional Narrowbody Fleet

China Airlines has chosen the Airbus A321neo for its future regional narrowbody operations. The Taiwanese carrier will lease 14 A321neo aircraft that are scheduled to enter service in 2021. Furthermore, the airline will have the option to negotiate for an additional 11 firm and five option aircraft orders once the lease begins. The introduction of […]

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New CEO Decides Fate of Air France’s A380 Fleet

Benjamin Smith was recently appointed as the new Air France-KLM CEO following the departure of Jean-Marc Janaillac. He assumed the CEO role on Sept. 30, 2018. Just over two weeks into the job, Smith and employee representative unions successfully signed an agreement regarding employee compensation. The unions in the accord represent over 76 percent of […]

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Air Lease Corporation Orders Additional Boeing 737 MAXs

On Tuesday, Boeing and Air Lease Corporation announced a new order for eight more 737 MAX 8 airplanes, valued at $936.8 million at list prices. With this addition, Air Lease Corporation (ALC) is one of the biggest lessors on the market, as it has ordered 138 737 MAX to fulfill their customer requirements. “These aircraft […]

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