Airplanes Propeller: Sell Airplane

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KUALA LUMPUR: AirAsia Bhd will sell 11 aircraft, worth US$271mil (RM252.56mil), says group chief executive Officer Tan Sri Tony Fernandes. “There is some blessing in weaker currencies. Our ownership of aircraft is now paying off. We (are) selling 11 Good news for travelers flying Iranair: those aging planes are going to finally be able to be serviced with new parts from US manufacturers, as both Boeing and General Electric have announced export licenses from the Treasury Department covering parts and WASHINGTON: The United States has issued a license to aerospace giant Boeing permitting it to sell plane parts to Iran, a spokesman for the company told AFP Friday. The license covers a short time and concerns only aircraft already in service, the Cebu Pacific Air has signed an agreement to sell its six of its Airbus A319 aircraft. The 156-seat single-aisle aircraft will be purchased by Allegiant Travel Company, the parent company of Las Vegas-based low-cost carrier, Allegiant Air. Deliveries will DUBLIN, Ireland, Nov. 12, 2014 /PRNewswire/ -- FLY Leasing Limited (FLY), a global lessor of modern commercial jet aircraft, today announced that it has agreed to sell eight of the 11 Boeing 757 aircraft in its fleet. The sales are expected to close by On the other hand, airplane repo men like Nick and Ken are most likely working for banks that specialize in aircraft loans and they still must sell the aircraft in order to earn a profit. A typical profit margin might be $600,000-$900,000 per job. .

Goldman cut its rating on Boeing from Neutral to Sell, writing that: With a sustained lower fuel price and pockets of global growth volatility, the demand equation for aircraft could worsen, and Boeing shares are highly correlated to new aircraft orders. Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, according to reports. Netherlands-based AerCap, the world’s largest independent aircraft lessor, may team up with other bidders for Insurer American International Group, Inc. (AIG: Quote) agreed Monday to sell its aircraft leasing unit International Lease Finance Corp. or ILFC, to Dutch aircraft lessor AerCap Holdings NV (AER: Quote) in a cash and stock deal valued at about $5.4 billion. Having your own personal jet is perhaps the ultimate mark of affluence, but some wealthy aviation enthusiasts aren’t satisfied owning just any passenger jet — they want a fighter model. And there are those who do exactly that, buying decommissioned .

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