International Lease Finance (ILFC), the fast-growing aviation arm of the giant American Insurance Group, reports that revenues leapt by 28%, to $1.4 billion during 1995. The leasing company says that leasing rates continue to improve as the supply of "...good Stage 3 aircraft has substantially diminished". ILFC posted pre-tax profits of $338 million, up by more than 8%. Transbrazil stake and led directly to its collapse (Flight International 17 January).
Source: Flight International
Airbus is looking to obtain higher-weight certifications for its A321XLR over the next three months, as it works on the individual enhancements required by early operators of the long-range twinjet. The airframer secured European Union Aviation Safety Agency approval for the basic version – with a 97t maximum take-off weight ...
Keep track of the commercial aircraft order announcements made at this year’s Farnborough air show
Lessor Avolon is entering a partnership with Airbus to examine the commercialisation and financing perspective for future hydrogen-powered aircraft, and how a leasing model will support fleet development. Avolon is the first leasing partner for Airbus’s ZEROe hydrogen-propulsion project, under which the airframer aims to develop a zero-emission aircraft by ...
