Cebu Pacific, the largest low-cost carrier in the Philippines has taken delivery of its first A321neo. The new addition complements the Manila-based airline’s Airbus fleet, which currently includes 43 A320 Family aircraft and eight A330-300 widebodies. Cebu Pacific has ordered 32 A321neo aircraft directly from Airbus, and will receive another five A320neo leased from Dublin-based […]
Cebu Pacific takes delivery of its first A321neo Read More »
FLYdocs, the aviation data, records and asset management solution provider, has reported exclusive integration capabilities with MRO software solution, AMOS. The powerful combination of the two platforms will allow airlines and MRO service providers to automatically link maintenance and engineering (M&E) work packages with a digital record of their associated data and records, streamlining M&E
FLYdocs announces enhanced AMOS integration Read More »
On the tenth anniversary of its founding, WNG Capital, an independently owned, specialist operating lessor dedicated to investing in used commercial aircraft manufactured by Airbus and Boeing, has announced the closing of WNG Aircraft Opportunities Fund II. WNG targeted a US$300 million fund raise to invest in late life narrow body aircraft and is oversubscribed
WNG Capital closes US$345 million aircraft leasing Fund II Read More »
Aircraft lessor SMBC Aviation Capital has boosted its total order book for the A320neo Family to 181 aircraft after signing a firm order for an additional 65 A320neo Family aircraft (15 A321neo and 50 A320neo). The order was finalised in 2018 and included in the year-end order figures. In addition the agreement includes an upsizing
SMBC Aviation Capital orders 65 A320neo Family aircraft Read More »
At least 20 jets are at the center of a struggle by lessors to obtain possession after the ailing Brazilian airline fell behind with lease payments. Last Friday (Jan.18) Brazil’s aviation regulator ANAC confirmed it would no longer ground ten jets, while another lessor ramped up its efforts to take possession of a further ten
Lessors struggle to repossess jets from Avianca escalates Read More »
The Bell Boeing Joint Program Office has been awarded an estimated $143,863,184 firm-fixed-price requirements contract for performance-based logistics and engineering support for the V-22 platform. This is an 11-month base contract with four one-year option periods. Locations of performance are Texas and Pennsylvania for V-22 aircraft belonging to the U.S. Navy, U.S. Air Force and
Bell Boeing awarded US$144 million for V-22 support Read More »
Dubai Aerospace Enterprise (DAE) is continuing to make strong progress in building its managed aircraft portfolio. In 2018 DAE concluded transactions adding 19 aircraft to the portfolio valued at over US$500 million, taking DAE’s total managed fleet to 54 aircraft. DAE is growing its managed portfolio both through sales of assets targeted for divestment and
DAE’s managed aircraft portfolio grows to 54 aircraft Read More »
On January 18, 2019, Finnair has signed a binding €175 million syndicated revolving credit facility for general corporate purposes. The coordinating bookrunner and mandated lead arranger for the facility is Nordea Bank. Danske Bank, OP Corporate Bank, Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ) act as bookrunners and mandated lead arrangers in the
€175 million revolving credit facility for Finnair Read More »
GA Telesis (GAT) has completed the acquisition of two Embraer E170 aircraft, which are subject to multi-year leases with Republic Airline, last month, which increases its total fleet with Republic to eight aircraft. “Republic Airline has been a great airline partner for GA Telesis, and we are very pleased to increase our exposure to such
GA Telesis buys two E170 aircraft on lease with Republic Airways Read More »
Boeing has delivered the first of ten 787 Dreamliners to WestJet, marking the start of the airline’s global expansion. Having long operated a fleet of Boeing single-aisle jets, WestJet will use the super-efficient, long-range 787-9 Dreamliner to profitably serve new international routes. This spring, WestJet will use the 787-9 – the longest-range Dreamliner that can
WestJet takes delivery of first 787 Dreamliner Read More »
