GE Capital Aviation Services (GECAS) has delivered a new leased Airbus A320 aircraft to Tiger Airways Singapore to expand the carrier's fleet. The aircraft is the first of five scheduled for delivery in 2013 as part of a multiple aircraft purchase-and-leaseback transaction with Tiger Airways Holdings.
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GECAS delivers Airbus A320 on purchase and leaseback with Tiger Airways Holdings
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Tuesday December 3, 2024
BOC Aviation Limited (BOC Aviation) has entered into a leasing agreement with TUI Airways (TUI) for 14 Boeing 737-8 aircraft. The planes, which will be powered by advanced CFM LEAP-1B engines, are set for delivery in 2025 and 2026. This transaction reflects BO... Read More »
Tuesday December 3, 2024
IAG Cargo, the cargo division of International Airlines Group (IAG), has introduced a new role, Head of Digital Sales, appointing Daniel Rodriguez to lead the position. This strategic move reflects IAG Cargo's focus on expanding its digital capabilities to bet... Read More »
Tuesday December 3, 2024
Norwegian Air Shuttle ASA (Norwegian) has renewed its partnership with Lufthansa Technik (LHT) for an additional five years. This extended agreement covers base maintenance services for Norwegian's fleet of over 80 Boeing 737NG and 737MAX aircraft. Starting on... Read More »
Tuesday December 3, 2024
Scandinavian Airlines (SAS) is introducing plastic-free food packaging across its flights departing from Copenhagen, Oslo, Arlanda and Gothenburg. This initiative, launched on December 1, is expected to reduce 37 tonnes of single-use plastics annually. The mov... Read More »
Tuesday December 3, 2024
Pentagon 2000 Software, a provider of software solutions for the aviation and defence industries, has unveiled its new Available-to-Promise (ATP) module. This innovative tool is designed to enhance inventory management for aerospace and defence organisations, ... Read More »
Tuesday December 3, 2024
Honeywell International and Bombardier have reached a settlement in a lengthy legal dispute while also forming a new partnership to develop advanced aviation technologies. The collaboration will focus on avionics, engines, and satellite communications, with an... Read More »
Monday December 2, 2024
TrueNoord, the specialist regional aircraft lessor, has acquired a portfolio of seven ATR 72-600 turboprop aircraft from German asset manager GOAL Aircraft Leasing, acting on behalf of KGAL. This acquisition increases TrueNoord's fleet to over 100 aircraft and... Read More »
Monday December 2, 2024
Qatar Airways has secured a ground-breaking agreement with Honeywell, becoming the first MRO provider in the Middle East and Africa authorised to service the HGT1700 auxiliary power unit (APU) used in Airbus A350 aircraft. This milestone represents a significa... Read More »
Monday December 2, 2024
Eve Air Mobility (Eve) has announced a US$35 million investment from Brazil's National Development Bank (BNDES), further strengthening its financial position to advance the development of its electric vertical take-off and landing (eVTOL) aircraft. This fundin... Read More »
Monday December 2, 2024
AutoFlight, an innovator in electric vertical take-off and landing (eVTOL) technology, has achieved a significant milestone with its first successful flight in Japan. On November 29, the company's two-ton eVTOL aircraft completed its inaugural demonstration fl... Read More »
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Qantas is one step closer to receiving its first Airbus A321XLR, as the aircraft has now entered the final assembly line at Airbus' production facility in Hamburg, Germany. This development marks a major milestone in the Qantas Group's fleet renewal programme,... Read More »
Monday December 2, 2024
The European Union has approved Lufthansa‘s acquisition of a 41% stake in ITA Airways, subject to key concessions, the Handelsblatt reported. This antitrust approval was granted in July, but only after Deutsche Lufthansa agreed to measures designed to en... Read More »
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MTU Aero Engines AG has forecast continued growth and improved earnings for 2025, expecting revenues between €8.3 and €8.5 billion. Adjusted EBIT is projected to rise in the low-to-mid teens percentage range, with adjusted net income expected to grow in li... Read More »
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In the final week of November (week 47), global air cargo tonnages remained stable compared to the previous week, while rates continued to rise, reaching the highest levels of 2024. According to WorldACD Market Data, global average rates increased by 2% week-o... Read More »
Friday November 29, 2024
Avolon has delivered the first of 20 Airbus A330neo aircraft to Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines. The milestone delivery took place at Airbus' Delivery Centre in Toulouse, with the remaining aircraft scheduled for delivery... Read More »
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Air Canada will launch the next phase of its digital transformation on December 3, introducing digital identification as a boarding option for nearly all domestic flights at Vancouver International Airport (YVR). Building on a successful pilot project, Air Can... Read More »
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Falco has successfully finalised an aircraft portfolio transaction with Nordic Aviation Capital (NAC), acquiring four Embraer E190 aircraft on lease to Moroccan national carrier, Royal Air Maroc. This acquisition concludes the previously announced portfolio de... Read More »
Friday November 29, 2024
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CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., has completed a sale transaction for two Airbus A330-200 aircraft with National Airlines (National). The Florida-based cargo and passenger charter services operator ... Read More »
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