Macquarie Airfinance has finalized an agreement for the purchase of LEAP-1A engines to power its order placed last year for 20 new Airbus A320neo aircraft. “ Avolon, the international aircraft leasing company, announces an order for 140 LEAP-1A engines from CFM International to power 70 Airbus A320neo family aircraft in its order book. The order […]
CFM International news from the Paris Air Show Read More »
ICBC Aviation Leasing and GA Telesis have signed a Memorandum of Understanding (MOU) at the Paris Air Show to agree on building a marketing alliance in assisting airlines in their fleet renewal activities by trading out of mature or end of life aircraft and in providing spare engine financing and leasing solutions. “As a world-leading
ICBC Aviation Leasing and GA Telesis to form mid-life aircraft leasing alliance Read More »
Los Angeles-based aircraft leasing company, Air Lease Corporation (ALC), has signed a Letter of Intent (LoI) for 100 Airbus aircraft, including for the first time 50 A220-300s and 27 A321XLRs. The agreement also includes an incremental order for an additional 23 A321neos. Founded in 2010, this latest order takes ALC’s cumulative orders to 387 Airbus
Air Lease Corporation signs LoI for 100 Airbus aircraft Read More »
Saft will provide two ULM batteries per aircraft for AVIC MA700 advanced turboprop regional aircraft. AVIC XAC Commercial Aircraft Co., a subsidury of AVIC, manufactures the MA700: an 80-seat level turboprop plane designed for short and medium-route travel. Designed for high performance at elevated temperature and altitude, the MA700 is expected to embark on its
Saft to equip MA700 turboprop regional aircraft Read More »
Boeing will invest US$1 million in Brazil’s efforts to establish a sustainable aviation fuel industry. The investment will focus on initiatives that maximize social, economic and environmental benefits to local communities engaged in the development of feedstock that can be used to produce sustainable aviation fuel (SAF). In 2018, the company provided an additional US$1
Boeing to expand investment in Brazil’s sustainable aviation fuel industry Read More »
IndiGo has ordered CFM International LEAP-1A engines to power 280 Airbus A320neo and A321neo aircraft. The contract, which includes spare engines and an overhaul support agreement, is valued at more than US$20 billion U.S. at list price. To support its new LEAP-1A fleet, IndiGo also signed a long-term Service Agreement. IndiGo has been a CFM
Indigo places US$20 billion Leap engine order Read More »
GECAS and David Neeleman’s new airline, codenamed ‘Moxy’, have agreed to a Letter of Intent for the purchase and leaseback of nine A220-300 aircraft with deliveries scheduled in 2021 and 2022. Neeleman, a veteran airline entrepreneur, is the founder of both JetBlue and Azul Brazilian Airlines, and the controlling investor in the consortium which has
GECAS and David Neeleman sign LoI for nine A220-300 aircraft Read More »
Embraer and Azul Linhas Aereas Brasileiras, S.A. have signed a long-term Flight Hour Pool Program agreement to provide repairable component support for the carrier’s brand new fleet of Embraer E195-E2 jets, the second generation of the E-Jets family. Azul, which placed a total order of 51 E195-E2, is the global launch customer for the new
Embraer and Azul sign Pool Program agreement Read More »
Embraer has signed a contract with United Airlines for up to 39 E175s at the 53rd International Paris Air Show. The order comprises 20 firm aircraft and 19 options in a 70-seat configuration. The order has a value of US$1.9 billion, based on Embraer’s current list prices, with all options being exercised. The firm order
United Airlines orders up to 39 Embraer E175s Read More »
GE Aviation and Avation PLC have signed an agreement to provide the AirVault Asset Transfer System across the lessor’s fleet of ATR72 turboprops, A220-300, A320 and A321 narrow-body jets, Boeing 777-300ER and Airbus A330-300 twin-aisle airplanes. The implementation is starting in June, with anticipated completion this year. By providing the expertise to digitally manage mission-critical
GE Aviation and Avation Plc sign Asset Transfer System agreement for leasing market Read More »
