EI-DCL Boeing 737-8AS Ryanair 

GECAS’ Cargo Aircraft Group Signs Purchase-and-Leaseback Deal with Korean Air for Five New Boeing 777Fs

GE Capital Aviation Services Limited (GECAS) announced it signed a purchase-and-leaseback transaction with Korean Air Lines Co., Ltd. for five new Boeing 777F freighters powered by GE90 engines as part of the carrier’s fleet renewal program. Deliveries of the aircraft are scheduled in late 2016 and 2017.

Waypoint Leasing Places Helicopter on Lease to Grupo FAASA

Waypoint Leasing (Ireland) Limited announced that it has closed a lease agreement with Calquin Helicopters S.A. a wholly owned subsidiary of Grupo FAASA for one Airbus AS350 B3 helicopter, which will transition from firefighting operations in Europe to high altitude utility missions in the Andes Mountains. This transaction represents Waypoint’s 17th aircraft re-lease event and underscores the company’s commitment to expanding into the utility market.

Irish Aviation Research Institute © 5 September 2016 All Rights Reserved.