Grupo Aeromexico and International Lease Finance Corporation (ILFC) announced (28-Mar-2012) the completion of an agreement to expand their partnership with the addition of two new Boeing 787-8 aircraft, bringing the total leased from ILFC to five. The aircraft, equipped with GEnx engines, are scheduled for delivery in 1H2014. Commenting on the transaction, Grupo Aeroméxico CEO Andres Conesa said: "this is part of our expansion plan to service all our international markets. These aircraft will be deployed on our long-haul routes, ultimately replacing our 767 aircraft". [more - original PR]
ILFC to lease two additional B787-8s to Aeromexico
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Aeromexico and Delta continue to believe US regulators will approve their immunised cross-border joint venture by YE2016, and are planning to increase their combined daily flights between the two countries by 43% during the next two years. The joint venture is a major pillar of Aeromexico’s transborder strategy going forward as Delta prepares to exert more influence over Aeromexico’s strategy. Some of Aeromexico’s and Delta’s rivals are lobbying for the two airlines to relinquish more slots at Mexico City Juarez, which could become a factor in the government’s final decision.
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NOTE: This report was prepared before the DoT issued its decision in the Aeromexico-Delta joint venture
HNA's Avolon group to acquire CIT Commercial Air, creating world’s third largest aircraft lessor
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Avolon itself was only recently acquired by HNA Group, with the USD2.7 billion purchase agreement being finalised in Jan-2016, via Bohai Capital Holdings.
Avolon is now the core aircraft leasing brand for the HNA Group. Including assets from Hong Kong Aviation Capital, Bohai Capital and several smaller HNA Group leasing firms, Avolon has a fleet of nearly 250 aircraft and almost 200 more on order.