Fly Leasing Limited ("FLY") (NYSE: FLY) has announced that it has entered into a definitive agreement with AirAsia Berhad ("AAB") (KLSE: 5099) and its subsidiary, Asia Aviation Capital Limited ("AAC"), under which FLY will acquire 54 Airbus narrowbody aircraft
and seven CFM engines on lease to AAB and its affiliates (the "AirAsia Group"), and one Airbus narrowbody aircraft
on lease to a third-party airline, the company said.
Fly Leasing has entered into a definitive agreement with AirAsia Berhad and its subsidiary, Asia Aviation Capital, under which FLY will acquire 54 Airbus narrowbody aircraft
and seven CFM engines on lease to AAB and its affiliates, and one Airbus narrowbody aircraft
on lease to a third-party airline.
PIA - Pakistan International Airlines has chosen as eligible, bids given in by DAE Capital and Jackson Square Aviation as part of a tender published in December 2017 for the dry-lease of four narrowbody aircraft
on 6-year agreements.
In addition, the company's purchase of widebody aircraft will diversify its portfolio but are non-core and less liquid in the context of Avation's historical focus on regional and narrowbody aircraft
CDB Aviation is now well positioned with a leading order book for the latest technology narrowbody aircraft
to realize our aggressive fleet growth plan and further strengthen our ability to serve airline customers around the world with narrowbody fleet requirements," said CDB Aviation president and CEO Peter Chang.
Frederik van Essen, Inmarsat Aviation Senior Vice President of Strategy and Business Development, said: "GX Aviation has already entered commercial service on narrowbody aircraft
flights in Europe and the response from both passengers and cabin crew has been outstanding.
It has 29 percent more seats to/from Dubai where it operates narrowbody aircraft
With a view to the growing long-haul traffic, feeder capacity is increased by adding seats to existing narrowbody aircraft
and replacing some smaller aircraft with larger ones over the next few years.
The IndiGo deal had helped extend Airbus' lead against Boeing in orders for the fastgrowing upgraded narrowbody aircraft
NEW DELHI -- India's largest domestic airline, IndiGo, has placed the single largest order ever for narrowbody aircraft
by signing an agreement with Airbus for 250 A-320neo (new engine option) planes.
The Chairman said PIA would be utilizing narrowbody aircraft
on wet lease from Jordan and Turkey and another two aircraft on wet lease from Bulgaria in order to fill the capacity gap till November, adding that all flight issues, including delays, will be addressed with this fleet.
We are delivering on our commitment to continually upgrade our product offering -- strengthening our long-haul operations with our retrofitted aircraft -- in line with developments that saw us, in 2012, receive our newest narrowbody aircraft
(A321 and A320ER).