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A Turkish Airlines Boeing 777-300. (Photo: AirlineGeeks | William Derrickson)

Turkish Airlines Won’t Lay Off Employees for Two Years

Turkish Airlines announced it will resist layoffs and protect their skilled labor until the end of 2021, when it expects the aviation industry to return to pre-pandemic operation levels. Amid the coronavirus pandemic, airlines are conducting reviews to reduce their fleet size and replace aging aircraft with more efficient new airliners to improve economic efficiency. As in the cases of Southwest Airlines and United Airlines, some companies are even selling and leasing back some of their aircraft to raise revenue.…

India Seeks to Create Domestic Aircraft Leasing

India is undoubtedly a large and growing aviation market. A liberalized approach to aviation and the country’s strengthened economic position in the world has helped it become one of the fastest-growing markets, doubling in the past seven years. This fast-paced growth is expected to continue as more and more of…

India Seeks to Create Domestic Aircraft Leasing

India is undoubtedly a large and growing aviation market. A liberalized approach to aviation and the country’s strengthened economic position in the world has helped it become one of the fastest-growing markets, doubling in the past seven years. This fast-paced growth is expected to continue as more and more of…

India Seeks to Create Domestic Aircraft Leasing

India is undoubtedly a large and growing aviation market. A liberalized approach to aviation and the country’s strengthened economic position in the world has helped it become one of the fastest-growing markets, doubling in the past seven years. This fast-paced growth is expected to continue as more and more of…

Hi Fly Becomes First Second-Hand A380 Operator

Hi Fly has received the first second-hand Airbus A380, inaugurating a new era for the aircraft, as it had never been operated by a second company after the first leasing contract has ended. The announcement gives the A380 a new hope, as it comes weeks after German company Dr. Peters said it…

Leasing Company Amedeo Plans to Create Its Own All-A380 Airline

Leasing company Amedeo is planning to set up its own airline after the company has been unable to find new lessors for its 18 Airbus A 380 aircraft. According to a press release issued this week, Amedeo is looking to build up a fleet of A380 aircraft only and to…

Avolon Confirms Order for 75 737 MAX Aircraft

On Sunday, Dublin-based international aircraft leasing company Avolon confirmed an order for 75 Boeing 737 MAX aircraft. The order includes 55 MAX 8 variants and 20 MAX 10 airplanes, along with an option for an additional 20 MAX 8s. The 737 MAX is Boeing's newest addition to its lineup, a revamp…

Whether to Lease or to Buy: An Introduction to Aircraft…

Aircraft are considerably expensive purchases, especially when buying dozens of them for your airline. With orders frequently totaling in the billions of dollars, it is hard to imagine how an airline could possibly pay for all of the planes they have. Purchasing huge numbers of aircraft can tie up considerable…