Aer Lingus Airbus A320-214 

Apollo Aviation Grows Fleet By 25%

Apollo Aviation Group announced that since the second quarter of 2016 it has contracted to purchase 27 commercial aircraft and five aircraft engines for a total gross purchase price of $750 million. All flight equipment is being purchased with leases attached to airlines in the Americas, Europe and Asia Pacific.  The 27 aircraft are comprised of 21 narrowbody and six widebody from the Airbus A319, A320, A321 and A330, and the Boeing 737-800 and B737-900ER families. The vast majority of aircraft (96%) are in-production.

Jet-leasing giant SMBC has eye on acquisitions

Dublin-based aircraft lessor SMBC Aviation Capital will continue to size up potential acquisitions but Ceo Peter Barrett said the company “Won’t pursue growth for growth’s sake” in an interview with the Irish Indepedent adding that the sector remained strong globally, despite challenges such as Brexit that might impact locally.

SMBC Aviation says airlines in Turkey and Brazil now on level flight path

Aviation markets in Turkey and Brazil, flashpoints for political or economic uncertainty in the past year, are stabilising, a top aircraft leasing company says. Reporting a 30% increase in first-half pre-tax profit to US$142.9m. The CEO of the Dublin-based SMBC Aviation Capital played down recent concerns about a broader downturn in aviation markets, which some see as oversupplied.

Vnesheconombank To Fund Superjet 100 Deliveries For Cityjet

CityJet will take delivery of five more Sukhoi Superjet 100 (SSJ 100) aircraft in 2017. The delivery schedule was made public after a three-party memorandum was signed by the aircraft’s OEM Sukhoi Civil Aircraft (SCAC), Russia’s VEB bank and Superjet International. The memorandum outlines the terms and conditions under which VEB will finance delivery of the five aircraft to CityJet.

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