9 July 2019

AerCap leased, purchased and sold 82 aircraft in the second quarter 2019

AerCap Holdings N.V. has published its major business transactions during the second quarter 2019: AerCap has signed lease agreements for 48 aircraft, including 4 widebody aircraft and 44 narrowbody aircraft and has purchased 11 aircraft, including 6 Airbus A320neo Family aircraft, 4 Boeing 787-9s and 1 Embraer E2. AerCap has executed sale transactions for 23

AerCap leased, purchased and sold 82 aircraft in the second quarter 2019 Read More »

AAR awarded four-year MRO contract with Royal Netherlands Air Force

Global aerospace and defense aftermarket solutions company AAR, has been awarded a four-year contract by the Royal Netherlands Air Force (RNLAF) to perform maintenance, repair and overhaul of the Chinook APU for Logistics Centre Woensdrecht (LCW). AAR will service the Chinook fleet in its Component Repair facility in Amsterdam, where AAR has been supporting European

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Bombardier secures first order for Global 5500 aircraft

Bombardier has secured the first order for a Global 5500 aircraft to be operated from the West Coast of the United States. This transaction is valued at US$46 million, according to current list prices. “The Global5500 aircraft offers the ultimate in performance, comfort, reliability and signature smooth ride,” said Peter Likoray, Senior Vice President, Worldwide

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Azores Airlines takes delivery of first of three A321LRs

Azores Airlines has taken delivery of its first of three A321LRs to be leased from Air Lease Corporation (ALC), becoming the latest operator of the long-range single-aisle aircraft. Powered by CFM International’s LEAP-1A engines, the Azores Airlines’ A321LR comprises 190 seats in a two-class configuration (16 Business class seats and 174 seats in Economy) offering

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Skyworld Aviation facilitates ERJ 145 sale to BAE Systems (Corporate Air Travel)

Skyworld Aviation has announced the sale of an ERJ 145 to BAE Systems (Corporate Air Travel). The aircraft, serial number 145588, was originally delivered new to Swiss and then went on to operate with AeroMexico Connect for 11 years. The aircraft was later parked and sold to a third party aircraft owner, based in the

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Astronics to sell Airfield Lighting product line

Astronics Corporation has signed a definitive agreement under which Hughey & Phillips, LLC, will acquire the Airfield Lighting product line from Astronics. The transaction, subject to customary closing conditions and adjustments, is expected to close on or before July 12, 2019. Peter J. Gundermann, Chairman, President and Chief Executive Officer, commented, “As we continue to

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