The global airline industry has taken off in the last few years, driven by the worldwide economic recovery and the proliferation of budget carriers in the developing world. As a result, many airlines across the world are looking for airplanes to expand is engaged in acquiring and leasing modern, high-demand and fuel-efficient commercial jet aircraft under long-term contracts to a diverse group of airlines throughout the world. The Company’s strategy is to effectively manage its fleet and grow its Fly Leasing Limited (NYSE:FLY) is engaged in purchasing commercial aircraft which it leases under multi-year contracts to a range of airlines throughout the world. As of December 31, 2014, the Company’s aircraft portfolio consisted of 127 commercial jet China's Bohai Leasing announced July 13 a plan to acquire a 20% stake in Ireland-based aircraft leasing company Avolon Holding, the National Business Daily reported. According to Bohai Leasing, the company offered to buy the stake for US$428.63 million The purchase would be HNA’s biggest in logistics since the US$1 billion buy of marine container leasing firm GE SeaCo in 2011, and would provide access to a global aircraft leasing market dominated by GE Capital and AerCap Holdings NV. “This investment THE Minister for Jobs, Enterprise and Innovation today announced that AerCap, a global leader in aviation leasing with operations in Dublin and Shannon, has created over 100 new highly skilled jobs in Ireland. These are high end roles created across .
China Aircraft Leasing Group Holdings Limited has signed a Letter of Intent with Pegasus Airlines (“Pegasus”) for the lease of two new Airbus A320 aircraft, which are scheduled for delivery in June 2016. Upon execution of a firm leasing agreement announced a long term lease agreement with Far Eastern Air Transport (FEAT), an international airline based in Taipei, Taiwan, for one new Boeing 737-800. The aircraft is from ALC’s order book with Boeing and will deliver in the second quarter of 2016. "This investment in Avolon will bring Bohai an increasing presence in the global aircraft leasing sector and Bohai will have a strong interest in benefiting from Avolon's profitable growth," Chief Executive Chris Jin said in a statement.Shares of Bohai * All data are as of the close of Friday, February 13, 2015. Emphasis is on company fundamentals and financial data rather than commentary. Airline stocks have been flying high ever since the economic recovery began nearly six years ago. Since then, two of .
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