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Airborne Capital Signs Second Lease with Geosky Airlines

Airborne Capital Strengthens Ties with Geosky Airlines Through Second Boeing 767-300BCF Lease
Dublin – Airborne Capital, a prominent global aircraft asset manager, has secured the placement and delivery of a second Boeing 767-300BCF widebody freighter on a long-term lease to Geosky Airlines, a Georgian cargo carrier. This transaction underscores Airborne Capital’s strategic expansion within the widebody freighter market and reinforces its partnership with Geosky, an established airline founded in 2017.
Fleet Expansion and Operational Growth
With the addition of this aircraft, Geosky Airlines’ Boeing 767-300BCF fleet now totals four, complementing its existing two Boeing 747-200 cargo planes. The airline operates extensively across local and international routes within the EMEA region and Asia, having demonstrated consistent growth in recent years. Notably, in May 2025, Geosky successfully completed the renewal audit for the IOSA RBI 2025, a key certification reflecting its commitment to operational safety and regulatory compliance.
Cian Dooley, Founding Partner at Airborne Capital, expressed satisfaction with the deal, stating, “We are delighted to announce this transaction and to cement our relationship with Geosky Airlines as a client partner. Market interest in these aircraft is strong and we look forward to the successful remarketing of the remaining B767-300BCF aircraft in due course.” Tornike Kortoshidze, President of Geosky Airlines, highlighted the significance of the lease, noting, “Geosky Airlines’ business has been growing steadily in recent years and this additional unit underscores the strong demand for our services.”
Industry Context and Market Dynamics
This agreement emerges amid challenging conditions for the aviation sector. The International Air Transport Association (IATA) has reported that ongoing supply-chain disruptions are expected to increase airline costs by approximately $11 billion this year, a factor that could influence leasing economics and fleet expansion strategies. Market responses to such transactions are also shaped by broader industry trends and competitive activity. For instance, Etihad Airways’ recent wet lease arrangement with GetJet Airlines illustrates the evolving competitive landscape within cargo and leasing markets. Furthermore, elevated valuations in adjacent sectors, such as the retail giant Costco, may affect investor sentiment and the perceived value of aircraft leasing deals.
Airborne Capital, headquartered in Ireland with offices in Shannon, Dublin, London, New York, Hong Kong, and Tokyo, manages an aircraft portfolio valued at over $2 billion. The firm serves as an intermediary connecting investors seeking aviation opportunities with airlines requiring customized capital solutions.
Geosky Airlines, an IATA member, specializes in cargo, charter, and ACMI services, providing flexible air freight solutions tailored to the needs of global businesses. Its dedicated team focuses on efficient logistics and adapting services to meet the dynamic demands of international cargo transport.
For further information, visit www.airborne.capital and www.geosky.com.

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