Azorra Buying 11 Embraer RJs From Nordic Aviation Capital
US aircraft lessor Azorra is buying 11 more Embraer E-Jets from Nordic Aviation Capital (NAC), which has been selling parts of its regional aircraft portfolio. Azorra says in a statement it has signed a purchase agreement with NAC for 11…
Former Nordic Aviation Capital Executives Take Over Management of Elix Aviation
Three senior executives formerly from regional aircraft lessor Nordic Aviation Capital (NAC) have taken over management control of rival aircraft lessor Elix Aviation, and rebranded the business Abelo. The three ex-NAC executives are Stephen Gorman, Michael Hayden and Mathieu Duquesnoy….
Air Tahiti Wet-Leases Additional ATR As Stopgap To Meet Tourism Recovery
Air Tahiti has wet leased an additional ATR 72-600, to meet growing tourism traffic this year, and disclosed it plans to buy an ATR 72-600. French Polynesian news website Tahiti-infos, which attended an Air Tahiti event where the aircraft was…
Vanuatu Government To Pay Lease Payments Owing On Air Vanuatu Twin Otter
The Vanuatu government has agreed to cover Air Vanuatu’s lease payments owing on a De Havilland Canada Series 300 Twin Otter so domestic air services can be sustained. Local newspaper Daily Post reports that Air Vanuatu owed lessor Hevilift US$348,000 and was expected to return the aircraft on 18 May for failing to pay the…
Leasing Company Avation Appoints Former Airbus Exec As Head Of Commercial Development
Avation has appointed former Airbus executive, Soeren Ferre, as head of commercial development to help the Singapore-based aircraft lessor to grow now that the airline market is recovering. The leasing company says it is expanding its team by recruiting Ferre…
Singapore’s Avation Bets on ATR with Growing Regional Market
Singapore-based lessor Avation is focused on building its ATR fleet to capture growth in the Asia-Pacific regional aircraft market. Executive chairman of Avation, Jeff Chatfield, tells Smart Aviation APAC that the lessor is continuing to favour the ATR turboprop over…
