Dec 2, 2025
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11/22/25
11/22/25
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11/22/25
One-fourth of former Go FIRST fleet is now out of India
Go FIRST surprised everyone by voluntarily filing for bankruptcy in May 2023. Plagued by issues with Pratt & Whitney engines, dispute with P&W over the award of Singapore Arbitration and mounting groundings led to the airline management deciding to get out of the airline business in a year which became the best ever for domestic civil aviation in India, surpassing the pre-COVID highs even with an…
Crestone Air Partners acquires A320-200 Aircraft
Crestone Air Partners, Inc. (CAP), a full-service aviation asset management platform, has announced an acquisition. In partnership with Atalaya Capital Management, CAP has acquired one A320-200 from Air Lease Corporation. This aircraft is currently on lease with Air New Zealand.
Airbus A321LR to Enter Service for the First Time in Japan
Airbus A321LR to Enter Service for the First Time in Japan
The first-ever A321LR jet touches down at Kansai Airport on December 19, 2021 Adoption of New-Generation LEAP-1A Engine Leads to 20% Improvement in Fuel Efficiency. Seat pitch of 30-31 inches, with USB charging ports installed in each seat; Entire fleet scheduled to be replaced with new, environmentally friendly models by the end of 2025. Peach Aviation Limited (hereafter: Peach,…
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ALC on-track for another year of growth
ALC on-track for another year of growth
Air Lease Corporation (ALC) is on-track for its target of reaching $20bln of assets this year, having grown its portfolio of owned and managed airliners in 2018 by 18.3% to $15.7bln. Continued strong demand for new aircraft gives ALC confidence that its 2019 targets will be met, the lessor said on February 21 at the presentation of its 2018 results.
“Air Lease once again continued its steady…
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Airbus beaten by Boeing, but still record deliveries
Airbus beaten by Boeing, but still record deliveries
Beaten by Boeing this time: that sums up 2018 for Airbus, who released its commercial results on January 9 – one day after Boeing. The European OEM delivered a record 800 airliners, up from 718 in 2017 but lower than Boeing’s 806. It sold 747 aircraft, down from an exceptional 1.109 the previous year but behind 893 listed by the American OEM. Airbus grew its backlog from 7.265 to 7.577 aircraft.
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