Avolon has placed further large orders for both the Boeing 737-8 and the Airbus A321neo in deals that indicate where the lessor thinks the market will trend.
Dómhnal Slattery has a new job as chairman of a startup looking to commercialize a centrifuge-based mass accelerator for space access called SpinLaunch.
Emirates plans to reveal further orders taking fleet plans into the 2030s, but new players like Riyadh Air and a revived Indian aviation sector are emerging.
CEOs of large aircraft leasing companies are bullish about their sector’s outlook, despite much higher interest rates and continuing supply chain disruptions.
Lessor Avolon has signed an agreement to place an order for 20 further Airbus A330-900s and is swapping 50 A320neo orders for the larger A321neo version.
Embraer announced two firm orders for the Embraer 175 and 195-E2 at the Paris Air Show on June 20 and confirmed the entry of Avolon as another E2 lessor.
Irish aircraft lessor Avolon has finalized an order for 40 more Boeing 737 MAX 8s, firming a nonbinding commitment that was first announced in April 2023.
The Icelandic airline's sole aircraft, an Airbus A319, had been withdrawn from service earlier this year by Hi Fly, who had wet-leased the craft to Niceair.
Without the support of lessors during the pandemic, many airlines would not be around anymore. But as the industry rebounds, lessors hope for better returns.
Despite rising interest rates and major uncertainty in terms of geopolitics and aircraft supply, lessor executives at ISTAT Americas were full of optimism.