A330neos among batch of Avolon aircraft divested to Saudi lessor AviLease
Fledgling Saudi Arabian lessor AviLease is supplementing its portfolio with the acquisition of 13 aircraft from Irish-based leasing firm Avolon.
Israir Group records strong surge in first-quarter revenues
Israeli leisure operator Israir Group is attributing a strong first-quarter performance to increased demand and the expansion of its Airbus fleet.
Absence of information scuppers probe into An-124’s undershot landing at Riyadh
Investigators have disclosed that attempts to probe an Antonov An-124’s short landing at Riyadh reached a dead end owing to an absence of information.
El Al 737 freighter introduction held up by regulatory hitch
Israel’s El Al is yet to introduce the Boeing 737-800 freighter it had been planning to use from April, owing to a regulatory issue.
El Al includes Airbus in request for single-aisle fleet-renewal proposals
Israeli flag-carrier El Al has included Airbus in a request for proposals to replace single-aisle aircraft from 2025, while incumbent Boeing as well as engine manufacturers have also been contacted for the campaign.
Portfolio sale to Macquarie slashes Kuwaiti lessor ALAFCO’s revenues
Kuwaiti lessor ALAFCO’s operating lease revenues dropped by two-thirds over the first half of the year, after its decision to sell a large quantity of its aircraft portfolio to Macquarie Airfinance Group.
Royal Jordanian firms orders for eight Embraer E2 jets
Middle Eastern carrier Royal Jordanian Airlines has firmed-up orders for eight Embraer E2-family jets following a memorandum of understanding signed with the airframer in October last year.
Flydubai enhances UAE-Canadian links with Air Canada codeshare
Closer air transport ties between Canada and the United Arab Emirates are being further tightened with a codeshare agreement between Air Canada and Flydubai.
Oman Air 737 grounded in Iran after sustaining debris damage on landing
One of Oman Air’s aircraft has been damaged by runway debris while landing in Iran, forcing the grounding of the jet.
Airline Business Covid-19 recovery tracker: May 2023 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.