Young operator analysis: Canadian Jetlines’ leasing plans
Canadian ultra-low cost carrier start-up Jetlines carrier needs to raise CAD50 million to launch its business. The carrier has attracted willing European equity but needs a government exemption on the current foreign ownership limits of 25% to 49%.The Ishka View is that there is a strong chance that the firm will receive the necessary exemption but there is a risk that further delays could spook the appetite of its foreign investors.
Canada Jetlines breaches Boeing contract with A320 leases
The new carrier terminated its B737 MAX order to lease A320s from AerCap. more
AerCap’s sales to slow as fleet makeover speeds up
AerCap’s Q3 results show that the lessor’s selling spree may be slowing down as the lessor shifts further focus to building up a fleet of highly liquid, popular aircraft types. more