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ILFC releases latest aicraft and engine deals

ILFC relaesed the following aircraft and engine deals:

WINDJET, based in Catania, Italy, leased one used Airbus A320-200 aircraft from ILFC. The aircraft, MSN 877, is powered by V2527-A5 engines and delivered in December 2009. The lease term is for 5 years.

GEORGIAN AIRWAYS, based in Tbilisi, Georgia leased one used Boeing 737-500 aircraft. The aircraft, MSN 28055, is powered by CFM56-3C1 engines and delivered in November 2009. The lease term is for 3 years.

PRIVILEGE STYLE, based in Palma de Mallorca, Spain leased one used Boeing 757-200ER aircraft. The aircraft, MSN 26252, is powered by RB211-535E4 engines and is schedule to deliver in February 2010. The lease term is for five years.

WINGS OF LEBANON, based in Beirut, Lebanon leased one used Boeing 737-300 aircraft from ILFC. The aircraft, MSN 26313, is powered by CFM56-3C1 engines and delivered in October 2009. The lease term is for 3 years.

AIR BERLIN, based in Berlin, Germany leased two used Airbus A321-200 aircraft from ILFC. The aircraft, MSN 1966 and 1988, are powered by CFM56-5B3/P engines and delivered in November 2009. The lease terms are for 5 years each.

TURKUAZ AIRLINES, based in Istanbul, Turkey leased one used Airbus A321-200 and one used A320-200 aircraft. The A321-200 aircraft, MSN 1905 is powered by CFM56-5B3/P engines and the A320-200 aircraft, MSN 2048, is powered by CFM56-5B4/P engines, both delivered in December 2009. The lease terms are approximately 5 years each.

VISION AIRLINES, based in Las Vegas, Nevada leased one used Boeing 737-400 aircraft from ILFC. The aircraft, MSN 24704, is powered by CFM56-3C1 engines and delivered in December 2009. The lease term is for 5 years.

BIMAN BANGLADESH AIRLINES, based in Dhaka, Bangladesh leased one used Airbus A310-300 aircraft. The aircraft, MSN 642, is powered by PW4156A engines and is scheduled to deliver in January 2010. The lease term is for 3 years.

KUBAN AIRLINES, based in Krasnodar, Russia leased three used Boeing 737-300 aircraft from ILFC. The aircraft, MSN 26312, 26311 are powered by CFM56-3B1 engines and MSN 26310 is powered by CFM56-3C1 engines. MSN 26311 is scheduled to delivery in February 2010 and MSN 26312 and 26310 are scheduled to deliver in March 2010. The lease terms are for 3 years each.

ATLASJET, based in Istanbul, Turkey leased two used Airbus A321-100 aircraft from ILFC. The aircraft, MSN 614 and 604 are powered by V2530-A5 engines and delivered in December 2009. The lease terms are for 4 years each.

BATAVIA, based in Jakarta, Indonesia leased one used Airbus A330-200 aircraft. The aircraft, MSN 205, is powered by CF6-80E1-A4 engines and delivered in December 2009. The lease term is for 6 years.

KENYA AIRWAYS, based in Nairobi, Kenya leased one used Boeing 767-300ER aircraft. The aircraft, MSN 29383, is powered by CF6-80C2B6F engines and delivered in October 2009. The lease term is for 18 months.

CDB Aviation inks lease deals for seven aircraft with Turkish Airlines

Thursday April 25, 2024

Turkish Airlines will receive six Boeing 737 MAX 8 aircraft from CDB Aviation © AirTeamImages

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has signed new lease agreements for a fleet of an additional seven narrow-body and wide-body aircraft with its existing customer, Turkish Airlines (Turkish... Read More »

Condor welcomes first Airbus A320neo to fleet

Thursday April 25, 2024

Condor took delivery of its first A320neo at a ceremony in Toulouse, France © Airbus

Condor, a German leisure airline, has received its inaugural Airbus A320neo on lease from Avolon following a ceremony in Toulouse. This milestone marks the airline’s ongoing fleet modernisation, which already features the A330neo for long-haul routes. By... Read More »

IAG Cargo converts ground vehicle fleet at Heathrow to HVO

Thursday April 25, 2024

IAG Cargo has transitioned its 160-strong ground vehicle fleet at London Heathrow from Diesel to hydrotreated vegetable oil (HVO) © IAG Cargo

IAG Cargo, the cargo arm of International Airlines Group (IAG), has successfully transitioned its 160-strong ground vehicle fleet at London Heathrow from Diesel to hydrotreated vegetable oil (HVO). HVO, derived from plant waste and fully renewable materials, s... Read More »

AJW acquires B787-900 aircraft

Thursday April 25, 2024

AJW has acquired one B787-900 Dreamliner © AJW Group

In a new development, AJW Group, a globally renowned independent provider of aircraft component parts, repair, and supply chain solutions, has announced the acquisition of a Boeing 787-900 Dreamliner. AJW Group solidifies its position with the acquisition of t... Read More »

IBA says it's a "lessors' market"

Thursday April 25, 2024

IBA predicts that the engine CFM56-7B is seeing the highest market value change with an increase of around 20% from 2023 to 2024

Aviation market intelligence and advisory company IBA has revealed that with rising engine lease rates and market values showing double-digit growth, the engine sector is now a “lessors’ market”. The latest IBA analysis shows that engine leasing activity... Read More »

Boeing reports US$355 million loss amid quality crisis

Thursday April 25, 2024

Boeing has posted a first-quarter loss of US$355 million

Boeing, on April 24, disclosed a US$355 million loss for the initial three months of the year, grappling with a quality dilemma stemming from a January 5, flight where a panel detached from one of its aircraft. The reported loss, though significant, was less s... Read More »

Robinson Helicopter Company acquires Ascent AeroSystems

Wednesday April 24, 2024

Ascent AeroSystems all-weather coaxial helicopter drone © Robinson Helicopter Company

Robinson Helicopter Company (RHC) has completed the acquisition of Ascent AeroSystems, which now operates as a wholly owned subsidiary of Robinson Helicopter Company. This strategic move underscores Robinson’s commitment to advancing innovation, expediti... Read More »

JetBlue reveals US$716 million first-quarter loss amid revenue dip

Wednesday April 24, 2024

JetBlue, ‘New York’s Hometown Airline®’, has unveiled its financial performance for the first quarter ending March 31, 2024. The airline disclosed a net loss of US$716 million, representing a year-on-year revenue decline of 5.1% to US$2.2 billion. As of... Read More »

Boeing to provide Spirit AeroSystems with US$425 million advance payments

Wednesday April 24, 2024

Spirit AeroSystems has disclosed an agreement with Boeing, whereby the aerospace giant will furnish advance payments totalling US$425 million, according to REUTERS news agency. This agreement aims to assist Spirit in addressing challenges such as elevated inve... Read More »

RTX reports strong first-quarter sales growth

Wednesday April 24, 2024

RTX has reported first-quarter sales of US$19.3 billion, marking a 12% increase over the previous year. GAAP EPS rose by 32% to US$1.28, which included various adjustments such as acquisition accounting adjustments, tax audit settlements, and gains related to ... Read More »

HAECO and Fokker Services America ink component service support agreement

Wednesday April 24, 2024

The new five year support contract was signed during MRO Americas in Chicago © Fokker Services Group

During the MRO Americas event, Fokker Services America (a subsidiary of Fokker Services Group, FSG) and HAECO have signed a component service support agreement for a duration of five years. This agreement positions FSG to deliver exceptional component servicin... Read More »

ANA and Air India launch codeshare partnership

Wednesday April 24, 2024

Codeshare flights between ANA and Air India to connect Japan and India will begin in May 2024© ANA

All Nippon Airways (ANA) and Air India, India’s national flag carrier, have formalised a commercial agreement signalling the commencement of a codeshare partnership facilitating connectivity between Japan and India. Commencing on May 23, this collaborati... Read More »

Airbus appoints Robin Hayes as Chairman and CEO of Airbus Americas

Tuesday April 23, 2024

Robin Hayes, the former CEO of JetBlue Airways, has been selected to succeed C. Jeffrey Knittel as Chairman and Chief Executive Officer of Airbus Americas, effective June 3, 2024. Hayes, with a wealth of experience in global aerospace leadership, will take the... Read More »

Textron Aviation delivers initial batch of METS Beechcraft King Air 260 aircraft

Tuesday April 23, 2024

Beechcraft King Air 260 Multi-Engine Training System (METS) T-54A for the U.S. Navy © Textron Aviation

Textron Aviation has supplied the first two of potentially 64 Multi-Engine Training System (METS) Beechcraft King Air 260 aircraft contracted by the Naval Air Systems Command (NAVAIR) on January 25, 2023, after a comprehensive competitive process. The Beechcra... Read More »

Honeywell introduces Forge Performance+ for Aerospace

Tuesday April 23, 2024

Honeywell has launched Honeywell Forge Performance+ for Aerospace, a cloud-based platform employing AI and machine learning (ML) to assist commercial aerospace manufacturing and MRO facilities in modernising production and reducing operational costs through di... Read More »

EFW and MRO Japan (MJP) partner for Airbus P2F conversions

Tuesday April 23, 2024

EFW and MJP will collaborate on Airbus passenger-to-freighter (P2F) conversions ©

Elbe Flugzeugwerke GmbH (EFW), an expert in Airbus passenger-to-freighter (P2F) conversions, and MRO Japan (MJP), a prominent player in Japan’s aerospace maintenance repair and overhaul sector, have announced a memorandum of understanding (MOU) to collaborat... Read More »

Harbour Air partners with magniX to electrify seaplane fleet

Tuesday April 23, 2024

magniX’s electric propulsion units (EPUs) will be utilised to electrify Harbour Air’s fleet

Harbour Air, North America’s largest seaplane airline, has signed a Letter of Intent (LOI) with magniX to acquire 50 magni650 electric engines. magniX’s electric propulsion units (EPUs) will be utilised to electrify Harbour Air’s fleet, commencing with t... Read More »

FAA enforces new safety measures across aviation sector

Tuesday April 23, 2024

The Federal Aviation Administration (FAA) is introducing new regulations mandating charter airlines, commuter airlines, air tour operators, and select aircraft manufacturers to establish a safety management system (SMS) to detect and address safety risks early... Read More »

Embraer delivers 25 jets in 1Q24, shows significant growth in executive aviation

Monday April 22, 2024

Embraer has delivered 25 jets in the first quarter of 2024 (1Q24), marking a substantial increase of 67% compared to the 15 aircraft delivered in 1Q23. Notably, Executive Aviation witnessed robust delivery growth, soaring from eight to 18 jets during the same ... Read More »

WestJet procures first SAF in Canada from Shell Aviation

Monday April 22, 2024

WestJet has purchased the first SAF supplied in Canada by Shell Aviation © Shutterstock

WestJet has achieved a significant milestone in its mission to attain net-zero emissions by 2050 with the procurement of the first sustainable aviation fuel (SAF) supplied in Canada by Shell Aviation. This achievement underscores WestJet’s commitment to ... Read More »