Air Lease Corporation Announces Lease Placement of Four New Airbus A320neo Aircraft with Volaris

Source: Air Lease Corporation Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for four new Airbus A320neo aircraft with Volaris (Mexico). Two of the aircraft are from ALC’s order book with Airbus and two are from sale-leasebacks acquired from a third party by one of our management vehicles. The four new A320neos are set to deliver during the remainder of Q2. “ALC is pleased to further expand its relationship with Volaris, Mexico’s largest airline,” said John L. Plueger, Chief Executive Officer and President of Air Lease Corporation. “These aircraft will play a key role satisfying the strong summer traffic demand that Volaris is forecasting. Further, these transactions illustrate another successful pairing of a sale-leaseback under our management business [...]

2021-04-26T16:16:56+03:00April 26th, 2021|News, SUPPLIERS|

The Independent Aircraft Modifier Alliance Opens Up to Business Aviation

Source: IAMA   IAMA, the Independent Aircraft Modifier Alliance is expanding its successful advocacy and support services to serve the business aviation industry.   “After a successful year advocating for the commercial aircraft retrofit industry, we strongly believe that business aircraft modifiers, owners and operators will also benefit from our programs, and new initiatives targeted at their specific needs,” said Nicole Noack, managing director of IAMA. “IAMA-endorsed STC solutions help to reassure owners and operators that their modification will be of the highest quality, while also providing for adequate after-sales support and ease of aircraft transfer.”   Since its launch in early 2020, IAMA developed its Rulebook which details high-quality standards for commercial aircraft modifications achieved through Supplemental Type Certificates [...]

2021-04-08T18:32:35+03:00April 8th, 2021|News, SUPPLIERS|

IAMA Releases Rulebook Update

Source: IAMA   Version 2.0 includes important new updates to promote efficiency   IAMA, the Independent Aircraft Modifier Alliance, released version 2.0 of its Rulebook this week. The latest edition of the freshly updated resource is available online to alliance member organizations, while airlines and lessors can request access through a free membership. Launched in March 2020, the Rulebook strives to address lessor, operator and owner needs throughout the Supplemental Type Certificate (STC) lifecycle. Instructing aircraft modifiers for both commercial and business aviation in best practices for achieving superior modifications through STCs, the Rulebook is an essential industry resource. “We are working to develop customer-centric standards to encompass the entire STC lifecycle,” said Nicole Noack, managing director of IAMA. “One [...]

2021-03-30T15:34:25+03:00March 30th, 2021|News, SUPPLIERS|

Managing lost items on the plane will no longer be a million dollar problem, with the WorldtTracer Lost and Found Property solution

Source: SITA   The new solution reduces management costs by 90% and also significantly reduces recovery time   SITA launched the WorldTracer Lost and Found Property, an AI-enabled solution that solves a million dollar problem for the airport industry: how to quickly return forgotten items on airplanes or airports to their respective owners.   Every year, passengers leave millions of items like wallets, purses and phones on airplanes and airports, costing the industry millions of dollars in recovery costs. It can cost up to $95 to manage and recover each lost item, including registration, handling customer calls and inquiries, warehousing and postage.   The Lost and Found Property applies SITA's WorldTracer solution is already used by most of the world's [...]

2021-03-30T00:19:12+03:00March 30th, 2021|News, SUPPLIERS|