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ATRAN to lease 737-800BCFs from GECAS

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GE Capital Aviation Services

ATRAN to lease 737-800BCFs from GECAS

May 24, 2021 by Payload Asia

Press release  ATRAN Airlines has taken delivery of a 737-800 Boeing converted freighter (BCF) from GE Capital Aviation Services (GECAS) and a second is slated to deliver later this month to the scheduled express cargo carrier, part of the Russia-based Volga-Dnepr Group. These aircraft join the two 737-800BCF freighters ATRAN and GECAS announced in October 2018 and which entered service in March and October 2019, adding further capacity to ATRAN’s short- and mid-range routes linking … [Read more...] about ATRAN to lease 737-800BCFs from GECAS

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, aircraft lease back, airlines cargo, airways cargo, asia cargo news, Atran Airlines, cargo aviation, freighter covnersions, GE Capital Aviation Services, GECAS, Vnukovo International Airport, Volga-Dnepr Group

GECAS to purchase 14 IndiGo Airbus neos for leaseback

April 23, 2021 by Payload Asia

GE Capital Aviation Services (GECAS) along with other ventures have agreed to a purchase/leaseback (PLB) arrangement for 14 Airbus narrowbody aircraft with Indian budget airline IndiGo. Consisting seven A320neos and seven A321neos, powered by LEAP engines, the aircraft are scheduled to be delivered between the fourth quarter of 2021 and the middle of 2022. Considered India’s largest airline by passengers carried and fleet size, IndiGo currently has 176 A320s in service, with 12 parked, whilst … [Read more...] about GECAS to purchase 14 IndiGo Airbus neos for leaseback

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, GE Capital Aviation Services, IndiGo, LEAP engines, narrowbody freighters

IAI: Independence Day flyover and ‘Big Twin’ progress

April 15, 2021 by Payload Asia

  Israel Aerospace Industries (IAI) will hold a unique ‘flyover’ to salute the state of Israel and its citizens on the country’s 73rd Independence Day, scheduled today, 15 April between 12:00 and 14:30 (local time). The company is drafting its cargo conversion prototypes for the B777 and B767, along with two G280 executive jets, which the company makes for Gulfstream. The three aircraft will fly over dozens of towns and villages from the north to south of Israel, which would be an … [Read more...] about IAI: Independence Day flyover and ‘Big Twin’ progress

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, Big Twin, Boeing 767, Boeing 777ER, cargo aviation, freighter conversions, GE Capital Aviation Services, Israel Aerospace Industries

GECAS subsidiary signs US$2.24 billion deal with Air China

March 22, 2021 by Payload Asia

Chinese flag carrier Air China on 18 March said it inked a deal to buy 18 narrow-body jets from AFS Investments Inc, a subsidiary of aircraft lessor GE Capital Aviation Services (GECAS). The deal, valued at US$2.24 billion, is an order for 18 new planes, including five A320-200N airplanes and 13 A321-200NX, to be delivered to Air China in batches by 2022. The sale of factory-fresh aircraft by a lessor, rather than maker Airbus, raised eyebrows with industry figures on Friday, Nikkei Asia … [Read more...] about GECAS subsidiary signs US$2.24 billion deal with Air China

Other Topics: AFS Investments Inc, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air China, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, Airbus, airlines cargo, airways cargo, asia cargo news, Boeing, cargo aviation, GE Capital Aviation Services

AerCap, GECAS merger forms world’s biggest jet lessor

March 12, 2021 by Payload Asia

GE Announces Combination of GECAS and AerCap

Aviation lessor AerCap confirmed on 10 March in a filing to the US Securities and Exchange Committee (SEC) its proposed acquisition of GE’s aircraft leasing division GECAS (GE Capital Aviation Services). The deal, valued at US$30 billion, is still subject to shareholder and regulatory approvals, and other customary closing conditions, but is expected to be closed by the last quarter of 2021. Under the terms of the agreement, GE will get approximately $24 billion in cash, 111.5 million … [Read more...] about AerCap, GECAS merger forms world’s biggest jet lessor

Other Topics: Aengus Kelly, AerCap, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, air transport services, aircraft leasing, airlines cargo, airways cargo, asia cargo news, cargo aviation, GE Capital Aviation Services

B737-800 conversions pick up as lessors bank on potential

February 18, 2021 by Payload Asia

Orders for 737-800 converted freighters are picking up as aircraft fleet operator ASL Aviation Holdings (ASL) exercised options to convert 10 of the aircraft for cargo use, following an original agreement with Boeing for 10 firm orders and 10 options at the Paris Air Show in June 2019. ASL said the 737-800BCF aircraft will be operated mainly by its European airline partners and will be introduced to meet the requirements of its express integrator customers like DHL, Amazon and FedEx. The … [Read more...] about B737-800 conversions pick up as lessors bank on potential

Other Topics: Aero Capital Solutions, Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, aircraft lessor, airlines cargo, airways cargo, asia cargo news, ASL Aviation Holdings, Boeing, cargo aviation, DHL, express carriers, express integrators, GE Capital Aviation Services

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