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February
Persistently low lease rates for factory-new aircraft give investors cause for concern.
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Three UAE banks will arrange financing worth AED1.9 billion ($517 million).
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The transaction is the second closing of a two aircraft mandate.
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January
Airbus and Boeing executives talk to Airfinance Journal about this year’s $95 billion financing requirement.
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Malaysian Airlines has leased the Airbus widebody from Novus Aviation and First Energy Bank.
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The two Boeing 777-300ERs will deliver in January and February.
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The carrier has cut six firm orders for the aircraft type.
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The manufacturer had a record year in 2011 with 1419 orders but says there will be less in 2012
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The Egyptian carrier secured funding for three A330s in the fourth quarter of 2011.
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The airline closed two separate financings for one A380 and one 777-300ER.
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The Abu Dhabi airline has completed a sale/leaseback transaction for 23 spare engines.
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Former Etihad executive, Wayne Pierce, replaces Peter Hill as head of the Muscat-based carrier.