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Tag Archives: United Arab Emirates

Avolon launches new aircraft leasing platform

02 Monday Nov 2026

Posted by Abdul Latheef in Aviation, Aircraft, Airlines, Transport, Travel

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Abu Dhabi, Airbus, Airlines, Aviation, Avolon, Boeing, Business, News, Transport, Travel, United Arab Emirates

The new venture will acquire 22 aircraft valued at $1.4 billion. Photo: Avolon.

DUBLIN – Aircraft lessor Avolon said Monday that it will establish a new leasing platform with Miami-based infrastructure investor I Squared Capital and a subsidiary of Abu Dhabi Investment Authority, backed by a $1.4 billion seed portfolio.

The new joint venture, named Constellation Aviation, will use the seed funding to acquire 22 aircraft from Avolon. The aircraft have an average age of about five years and are leased to 17 airlines in 15 countries.

Avolon will retain a minority stake in the venture and serve as its exclusive aircraft manager and servicer, providing leasing, asset management and technical expertise, the Dublin-based company said.

The platform is expected to expand over time, capitalizing on growing passenger demand, limited aircraft manufacturing capacity and airlines’ increasing reliance on leasing to finance fleet expansion and renewal, Avolon said.

In October, Avolon placed firm orders for 250 aircraft from Boeing and Airbus, with options for a further 100 Airbus jets. The orders increased its total firm aircraft commitments to 749.

Emirates hits back in Open Skies battle

01 Wednesday Jul 2015

Posted by Abdul Latheef in Alpa, American, Boeing, Delta, Dubai, Emirates, Etihad, FAA, Legacy Airlines, Open Skies, Qatar, Qatar Airways, Transport, Travel, United Airlines, United Arab Emirates, United States

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Alpa, American, Boeing, Dubai, Emirates, Etihad, FAA, Legacy Airlines, Qatar Airways, Transport, Travel, United, United Arab Emirates, United States

EK2Dubai’s Emirates airline has released a 400-page rebuttal to claims by three major U.S. airlines that it is enjoying an unfair advantage through state subsidies.

In a white paper issued in January, U.S. legacy airlines Delta, United and American had accused Emirates of receiving more than $6 billion in subsidies from the Dubai government.

On Tuesday, Emirates hit back.

“Their argument is nothing more than a mess of legal distortions and factual errors,” the U.A.E. national carrier said in the document posted on its website.

“What the legacy carriers want is protection from competition. Such protection would do irreparable harm to U.S. cities and airports, America’s world-leading aerospace industry, U.S. exports and jobs, U.S. air cargo carriers, and most of all, U.S. consumers, including passengers and shippers,” the document said.

“It would also undermine America’s leadership in international aviation — leadership that has made Open Skies the global template for air services.”

EK3The document was also presented to U.S. officials in Washington by Emirates president Sir Tim Clark.

“The legacy carriers have received more than $100 billion in government support since 2002,” Clark told reporters after his meeting.

“In sum, there is no factual or legal justification for U.S. unilateral action against Emirates,” the document said.

“Such a step by the United States would seriously disadvantage other U.S. stakeholders, sound the death knell for Open Skies, and send a very negative signal about the value of U.S. trade, diplomatic, and security commitments,” the airline warned.

“For these reasons, the legacy carriers’ demands for protection should be firmly rejected.”

Images are courtesy of Emirates.

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