Latest news with #CFMLEAP-1A
Muscat Daily
03-08-2025
- Business
- Muscat Daily
SalamAir expands fleet with new Airbus A321neo aircraft
Muscat – SalamAir, the Sultanate of Oman's budget carrier, has announced the arrival of its newest Airbus A321neo aircraft, named 'Mutrah' after a public vote by guests and followers on Instagram. The arrival of this aircraft brings SalamAir's fleet to 14 aircraft, underscoring its ongoing commitment to enhancing operational efficiency, improving customer experience, and reducing the environmental impact of its operations. The aircraft features advanced, highly efficient CFM LEAP-1A engines, which contribute to a 20% reduction in fuel consumption per seat and significantly reduced carbon dioxide emissions. The aircraft also complies with global environmental standards, achieving a 50% reduction in nitrogen oxide (NOx) emissions and a noise reduction of more than 15 decibels compared to the International Civil Aviation Organization (ICAO) standard. The aircraft features 212 seats with a modern interior design, including USB charging ports in every seat, allowing our valued customers to enjoy a comfortable and smooth travel experience. The aircraft's operational range reaches 4,000 nautical miles, giving Salam Air greater flexibility in operating medium- and long-haul flights. 'The addition of the new A321neo to our fleet is an important step in enhancing our operational capacity in preparation for the peak season,' said Adrian Hamilton Mans, CEO of SalamAir . 'This aircraft gives us greater operational flexibility, enhances our ability to meet flight schedules, and improves our operational KPI.' He added, 'With the addition of this aircraft and another expected later this month, our average fleet age will be reduced from 5.6 years to approximately 4.8 years, making us one of the youngest airlines in the region. This is in line with our strategy of focusing on enhancing operational efficiency and reliability, while delivering added value to our guests.' The addition of the A321neo aircraft further strengthens SalamAir's comprehensive strategy, which focuses on fleet modernization, network expansion, and operational efficiency. With a newer, more efficient fleet, the airline is fully prepared to explore new markets, increase flight frequencies to high-demand destinations, and further contribute to the growth of the aviation and tourism sectors in the Sultanate of Oman.
Yahoo
06-03-2025
- Business
- Yahoo
Phoenix Aviation Capital Acquires One Airbus A321neo Aircraft on Lease with IndiGo
DUBLIN and STAMFORD, Conn., March 6, 2025 /CNW/ -- Phoenix Aviation Capital ("Phoenix"), a full-service aircraft lessor, and AIP Capital, an alternative investment manager focused on opportunities in asset-based finance, today announced the acquisition of one Airbus A321neo aircraft on long-term lease with IndiGo from ORIX Aviation ("ORIX"). This marks the second transaction between Phoenix and AIP Capital with ORIX. The aircraft acquired by Phoenix, bearing manufacturers serial number 11845, is a 2024 vintage Airbus A321neo powered by CFM LEAP-1A engines. "We are pleased to have concluded this second transaction with ORIX Aviation," said Mathew Adamo, Managing Partner at AIP Capital who also serves on the board of Phoenix. "We are truly thankful for the strong partnership and collaboration demonstrated by ORIX." "We are delighted to have successfully completed this transaction with AIP Capital and Phoenix Aviation Capital," said James Meyler, CEO at ORIX Aviation. "We look forward to building upon our relationship and our continued collaboration in the future." Gibson Dunn acted as transaction counsel to Phoenix and AIP Capital. O'Melveny acted as transaction counsel to ORIX Aviation. KPMG advised Phoenix and AIP Capital on tax matters. About Phoenix Aviation Capital Phoenix Aviation Capital is a full-service aircraft lessor focused on financing modern, in-demand aircraft and is dedicated to meeting the financing needs of its airline customers across the globe. Phoenix Aviation Capital is based in Dublin and is managed by AIP Capital, a global aviation asset management and investment firm. For more information about Phoenix Aviation Capital or to speak with company executives, please contact About AIP Capital AIP Capital (AIP) is a global alternative investment manager focused on opportunities in asset-based finance. AIP believes its unique investment strategy, relationships, and hands-on approach enable AIP to execute its mission of generating attractive risk-adjusted returns for its clients across market cycles. With offices in Stamford, New York City, Dublin, and Singapore, AIP maintains a global footprint and is backed by a full platform of professionals across finance, technical, legal, risk management and underwriting. For more information about AIP Capital or to speak with company executives, please contact View original content to download multimedia: SOURCE AIP Capital View original content to download multimedia: Sign in to access your portfolio
