Air Lease Corporation (ALC) has formed long-term lease agreements with the Scandinavian carrier SAS for three new Airbus A321-200neo LR aircraft, scheduled for delivery in 2020 and 2021 from ALC’s…
Contour Airlines has completed the acquisition of five additional Embraer ERJ-135 regional jets which will be deployed into the airline’s route network across the US. The new additions bring its…
ManaAir, a jointly-owned venture by KAir Enterprises and United Airlines, has successfully completed the purchase of ExpressJet Airlines from SkyWest. ExpressJet operates as United Express on behalf of United Airlines….
Ryanair has lowered its full year profit guidance (excluding Lauda) from a range of €1.1 billion – €1.2 billion to a new range of €1 billion – €1.1 billion. The…
Norwegian has confirmed that it will close some of its bases in Spain, Italy and the US in 2019 in a move to improve profitability. The company is reviewing its…
Chorus Aviation’s wholly-owned subsidiary Chorus Aviation Capital (Ireland) Limited has secured a US$300 million committed, revolving credit facility to be used to finance future aircraft acquisitions for its regional aircraft…
LARA’s Kimberley Young provides a summary of the latest happenings across the low-fare airline and regional aviation industry. With the industry drawn to two aviation finance conferences in Dublin this week,…
SMBC Aviation Capital has added to its Airbus orderbook with an agreement for 65 A320neo Family aircraft, in a deal valued at over US$7.4 billion at current list prices. The…
The low-fare carrier Cebu Pacific has taken delivery of its first A321neo, the first of 32 on order from Airbus. The new aircraft is expected to support the Philippines-based airline’s…
WNG Capital, a lessor focused on investing in used Airbus and Boeing commercial aircraft has announced the closing of WNG Aircraft Opportunities Fund II which will primarily invest in mid-life…