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 [...]

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 [...]