AFG Aviation Ireland completes acquisition of four Airbus A330-200F aircraft

AFG Aviation Ireland, a wholly owned subsidiary of Aircraft Finance Germany GmbH, has completed the acquisition of four Airbus A330-200F freighter aircraft bearing MSN 1688, MSN 1708, MSN 1584, and MSN 1594 from Qatar Airways Group (Qatar) for CMA CGM Air Cargo (France), the new air cargo division of French container logistics and shipping giant […]

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Jazz Aviation to become sole operator of Air Canada Express flights

Airlines & Routes

Air Canada has announced an agreement to amend the Capacity Purchase Agreement (CPA) with Jazz Aviation, a wholly owned subsidiary of Chorus Aviation, under which Jazz currently operates certain regional Air Canada Express flights. Through the revised agreement, Air Canada will transfer operation of its Embraer E175 fleet to Jazz from Sky Regional and Jazz

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SIA Engineering signs MOU to acquire SR Technics Malaysia

Financial

SIA Engineering Company (SIAEC) has signed a Memorandum of Understanding (MOU) with SR Technics Switzerland (SRT) relating to the potential acquisition (in part or whole) of SRT Malaysia by SIAEC. SRT Malaysia, located in Selangor, Malaysia, is a subsidiary of SRT, incorporated in January 2013 to provide component repair, testing and overhaul services with a

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Norwegian cancels major aircraft order and books US$1.5 billion charge

Financial, Top Stories

Having secured bankruptcy protection in both Norway and Ireland in 2020, low-cost carrier Norwegian Air (Norwegian) has taken a NEK12.8 billion (US$1.5 billion) charge and cancelled its current order of 88 narrow-body Airbus jets. Last year Norwegian cancelled its remaining orders for 97 aircraft with Boeing, while also seeking compensation from the planemaker for the

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Austrian Airlines sells three Boeing 767s to U.S. company MonoCoque Diversified Interests (MDI)

Aircraft & Engines

Austrian Airlines has found a buyer for its three long-haul aircraft that were up for sale. The Boeing 767-300ER aircraft will go to U.S. company MonoCoque Diversified Interests (MDI). The purchase agreement has already been signed. The parties have agreed not to disclose the purchase price. The first aircraft, registered OE-LAT, will leave Vienna at

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JetBlue takes delivery of first Airbus A321neo aircraft featuring reimagined Mint

Aircraft & Engines

JetBlue has formally taken delivery of its first Airbus A321neo aircraft configured with the airline’s reimagined premium Mint® experience and an all-new onboard layout, featuring comfort and connectivity perks that set the airline apart from other U.S. carriers. The aircraft arrived at JetBlue’s home at New York’s John F. Kennedy International Airport (JFK) on February

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CAS purchases new Hydraulics Universal test stand

MRO & Production

Certified Aviation Services (CAS) has purchased a new Series 920 Universal Independent Dual System Hydraulic test stand. The Series 920 stand is manufactured by A&P Hydraulics based in Landrum, South Carolina. The Series 920 stand features 80gpm, 5,000psi independent dual systems which will be utilized to test hydraulic components such as thrust reverser actuators, servos,

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Honeywell expands popular ultraviolet treatment product line

MRO & Production

Expanding on its popular UV Treatment System for airliners, Honeywell has debuted a new, smaller version of the product that includes a UV wand and portable backpack. Designed to help reduce pathogens found on high-touch surfaces in a quick and low-cost manner, this new device can be easily used in a multitude of transportation options,

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BOC Aviation signs purchase-and-leaseback agreements with IndiGo for eight A320neo aircraft

Aircraft & Engines

BOC Aviation Limited (BOC) has signed purchase-and-leaseback agreements with InterGlobe Aviation (IndiGo) for eight new Airbus A320neo aircraft powered by CFM Leap engines. The aircraft are scheduled to be delivered in the second half of 2021. Mr. Riyaz Peermohamed, Chief Aircraft Acquisition & Financing Officer, IndiGo, said: “We are pleased to further strengthen our existing

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IBA sees sustained growth in freighter aircraft demand but suppressed values

Other News

Demand for freighter aircraft continues to grow strongly as a result of Covid-19, but values and lease rates remain suppressed by an oversupply of feedstock aircraft, according to leading aviation industry consultant IBA. Since May 2020, almost 200 narrowbody and widebody aircraft have joined the worldwide freighter fleet, data from IBA’s Insight.iQ platform indicated during

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Heike Tamm

AFG Aviation Ireland completes acquisition of four Airbus A330-200F aircraft

Jazz Aviation to become sole operator of Air Canada Express flights

SIA Engineering signs MOU to acquire SR Technics Malaysia

Norwegian cancels major aircraft order and books US$1.5 billion charge

Austrian Airlines sells three Boeing 767s to U.S. company MonoCoque Diversified Interests (MDI)

JetBlue takes delivery of first Airbus A321neo aircraft featuring reimagined Mint

CAS purchases new Hydraulics Universal test stand

Honeywell expands popular ultraviolet treatment product line

BOC Aviation signs purchase-and-leaseback agreements with IndiGo for eight A320neo aircraft

IBA sees sustained growth in freighter aircraft demand but suppressed values

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