16 February 2022

Malaysian Aviation Group to lease 25 Boeing 737-8s from Air Lease Corporation

Los Angeles, California-based Air Lease Corporation (ALC), has announced that it has placed 25 Boeing 737-8 aircraft with Malaysian Aviation Group (MAG), the parent company of Malaysia Airlines. Deliveries are due to commence in early 2023 and will continue through until 2026, the planes coming from ALC’s order book with Boeing. Izham Ismail, Group Chief […]

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EFW secures new A321P2F orders from SmartLynx

Elbe Flugzeugwerke (EFW), Centre of Excellence for Airbus freighter conversions and joint venture of ST Engineering and Airbus, has received new orders for six A321 Passenger-to-Freighter (P2F) conversions from SmartLynx Airlines (SmartLynx), a European ACMI charter and cargo operator. This latest order will greatly boost the narrow-body freighter aircraft fleet of Smartlynx, which is currently

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All Nippon Airways extends Boeing Maintenance Performance Toolbox for entire fleet

Boeing announced t the Singapore Airshow that All Nippon Airways (ANA) has signed an extension for Boeing’s Maintenance Performance Toolbox for another five years. The Japanese carrier has used the Boeing digital solution the past eight years to manage maintenance information for its entire fleet of aircraft and engines. Maintenance Performance Toolbox allows operators to simplify their maintenance operations by enabling them to manage, distribute, process and view intelligent maintenance documentation in a uniform digital format through a single interface,

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Pratt & Whitney Canada expands spare engine solution portfolio with new options for engine leasing and ownership

Pratt & Whitney Canada (P&WC) has added a new lease-to-own option to its growing portfolio of spare engine solutions. The portfolio, launched in 2020, also includes flexible options such as long-term leasing and on-wing leasing, complementing the existing short-term rentals offering to customers who are looking to prioritise their spending, reduce costs, better plan their

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Vietjet inks deal with LHT to digitalise its fleet’s technical information update process

Vietjet and Lufthansa Technik have signed an agreement at the Singapore Airshow to adopt AVIATAR’s Technical Logbook, the seamless digital pilot-to-maintenance collaboration application. The application will be equipped on Vietjet’s entire fleet to replace the manual and paper-based process of capturing technical issues during flight and on ground and improve data quality and speed as

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Eve and Microflite announce partnership to bring UAM services to Melbourne with initial order of up to 40 eVTOLs

Eve and Microflite, one of Australia’s premier helicopter operators, have announced at the Singapore Airshow an order of up to 40 low-noise zero-emission eVTOLs (electric vertical take-off and landing) aircraft to support the commencement of new electric UAM (Urban Air Mobility) operations in Australia in 2026. Microflite and Eve plan to begin their partnership using

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Aergo Capital acquires first of three new Boeing 737-8 aircraft on lease to Lynx Air

Aergo Capital Limited (Aergo) has completed a sale-and-leaseback of the first of three B737-8 aircraft with Lynx Air (Lynx), Canada’s newest ultra-affordable carrier. Each of the three aircraft will be financed with equity provided by CarVal Investment funds and debt arranged by AV AirFinance. Fred Browne, Chief Executive Officer of Aergo, commented: “We are extremely happy to

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MTU Maintenance posts net income of €342 million for 2021

MTU Aero Engines AG has published its preliminary figures for 2021: Revenue rose 5% from €3,977 million to €4,188 million. Operating profit was 13% higher at €468 million (2020: €416 million). The adjusted EBIT margin was 11.2%, compared with 10.5% in 2020. Net income climbed to €342 million in 2021 (2020: €294 million). In commercial maintenance (MRO), MTU raised revenue by

MTU Maintenance posts net income of €342 million for 2021 Read More »

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