15 October 2014

Lion Group signs material support & MRO consultancy agreements with CFM International

Lion Group and CFM International signed a comprehensive Material Support Agreement for the airline’s substantial CFM fleet, as well as a consultancy agreement to support its planned engine maintenance and overhaul center in Indonesia. The long-term, multi-billion dollar agreement will cover nearly 1,000 CFM engines which Lion Air currently has in service or on order. […]

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LCI Helicopters is first lessor to take off with new AW189

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has become the first aircraft lessor to take delivery of the new state-of-the-art AW189 helicopter. The particular aircraft is being placed on long term lease with the AgustaWestland Training Academy, and will be used as part of the conversion-to-type training of pilots to

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IndiGo signs MoU for 250 A320neo aircraft

India’s largest domestic airline by market share, IndiGo and its Co-Founders, Rakesh Gangwal and Rahul Bhatia, Group Managing Director of InterGlobe, have signed a Memorandum of Understanding (MoU) for 250 firm A320neo Family aircraft. The agreement will become Airbus’ single largest order by number of aircraft. Aditya Ghosh, President of IndiGo said, “This new order

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