The evolving aircraft leasing sector: Promising future prospects and flexibility for airlines

Avation PLC has reached full capacity utilization by leasing its last off-lease ATR 72-600 to PNG Air for six years, marking a significant post-pandemic recovery milestone. The aircraft leasing company’s fleet is now fully employed, allowing

Airbus SE (stock exchange symbol: AIR) has announced that C. Jeffrey Knittel is retiring as Chairman and Chief Executive Officer of Airbus Americas, Inc. effective June 3, 2024, after serving as the region’s top executive since

French aircraft giant Airbus has delivered 142 planes to customers this years, nearly twice as many as its American rival Boeing, which is struggling with production amid heightened scrutiny after a door plug fell off one

The aviation industry has dealt with some major challenges in recent decades, from the aftermath of 9/11 and SARS to the global financial crisis. Its recovery was brought to a halt by the COVID-19 pandemic and,

With a specially modified ATR 42, the French public unit for airborne research ‘“SAFIRE” conducts groundbreaking experiments in the sky to collect vital information on meteorological phenomena. Acquired in the early 2000s, SAFIRE’s ATR 42 underwent

ATR has been entrusted by France’s CORAC with leading the consortium driving the PARIDES* research project. This unprecedented study involves over 10 partners exploring new technologies aiming at developing the next generation low-emission regional aircraft. As

The aviation sector is always on the lookout for new technology to make operations more efficient and profitable. While the last few years were quite rocky for the industry, there have also been several technological advancements

The Hydrogen in Aviation Alliance (HIA) launched late last year and has this week warned that breakthroughs in hydrogen-powered mobility pioneered by businesses and academics “will be inconsequential” if they are not supported to commercial maturity “with the appropriate skills,

On Global Recycling Day, ATR and TARMAC Aerosave announced the strengthening of their partnership to further enhance the dismantling and recycling of end-of-life ATR aircraft. The agreement foresees the continued recycling of used ATRs, with up

On Thursday, the European aerospace major, Airbus, confirmed its commercial aircraft orders and deliveries for February 2024, marking a 7% increase compared to the same period in the previous year.  The company delivered 49 aircraft to 28

Commercial aviation had one of its safest years in 2023 as passenger levels rose above 2019 levels on most major routes, with overall traffic also expected to exceed pre-pandemic levels in 2024, according to new data from

Airbus is extending a long-running association with TotalEnergies to address the challenges of decarbonising the aviation sector with sustainable aviation fuels. The partnership is focused on the key role of sustainable aviation fuels, with their potential

At the 2024 edition of the Singapore Airshow, ATR reaffirmed its position as a global leader in regional aviation through confirmations of orders and fleet placements. ATR kicked off the show with the introduction of the first brand new ATR

Airbus presented its consolidated financial results for 2023 while outlining its guidelines for the current year. First and foremost, gross orders for commercial aircraft soared to a total of 2,319, a substantial increase from 1,078 in 2022.