Avolon has completed the delivery of 5 new Boeing 737-8 MAX aircraft to Akasa Air, India’s newest airline.Delivery of the aircraft commenced in December 2022 and was completed in January 2023. This sale and leaseback transaction is Avolon’s first deal with Akasa.
Paul Geaney, President and Chief Commercial Officer at Avolon commented: “We are excited to support new entrants to the market, so it is a pleasure to have completed this transaction to lease 5 new narrowbody aircraft to Akasa. We congratulate Akasa on their successful launch and look forward to building on our strong relationship with them.”
Bhavin Joshi, Co-Founder and Sr. Vice President - Leasing & Procurement at Akasa Air said: “Since our launch last August we have rapidly added capacity, new routes and welcomed one million passengers to our unique offering. We are delighted to join hands with Avolon and will continue to invest in new technology aircraft that can offer superior reliability and carbon efficiency.”
Cirrus Aircraft is celebrating the 10th anniversary of its Collier Trophy-winning Vision Jet at NBAA-BACE 2026, marking a decade of innovation that has continuously advanced the world&r...
The Tennessee Valley Authority is demonstrating the real-world value of the Tecnam P2012 Special Mission Platform (SMP), which has become a vital tool for monitoring and maintaining its...
Few infrastructure projects have the potential to reshape an island's future quite like the ongoing transformation of Nevis Airport. To gain deeper insight into this ambitious development and the...
Archer Aviation all-electric Midnight air taxi successfully completed several days of piloted flights across the San Francisco Bay Area as part of the company’s “No Roads” flight tou...
