3 June 2018

Bombardier has signed a letter of intent (LOI) for up to 18 Global 6500 and Global 7500 business jets with HK Bellawings Jet Limited, a leading aircraft management company based in Hong Kong. If all firm orders and options are exercised, the transaction would be valued at approximately US$1.14 billion based on 2018 list prices.

Philippine Airlines (PAL) has taken delivery of its first A321neo aircraft in Hamburg, Germany. This is the first of 21 A321neo aircraft ordered by the airline under its fleet renewal programme. Powered by Pratt and Whitney Pure Power engines, the new aircraft features a premium two class layout with 12 business class seats and 154

Embraer’s Legacy 450 medium cabin business jet set a new speed record on a recent flight between Portland, Maine in the United States and Farnborough in the United Kingdom, according to the U.S. National Aeronautic Association (NAA). The record-setting flight occurred on March 7, 2018, with two pilots and two passengers on a ferry flight

BOC Aviation has agreed to purchase three new Boeing 787-9 Dreamliners from Boeing, taking the total number of this aircraft model in the Company’s fleet or on order to 14. All three aircraft have been placed on long-term leases with Air Europa, and are scheduled to be delivered to the airline in 2020.