China Aircraft Leasing Group Holdings (CALC) has confirmed its commitment to fleet efficiency and sustainability by signing an agreement during the Singapore Airshow 2024 for the purchase of 40 LEAP-1A engines from CFM International. This strategic move aligns with CALC’s dedication to enhancing its aviation solutions and underlines its goal for a greener and more
Regional aircraft lessor Nordic Aviation Capital (NAC) and ATR, the regional aircraft manufacturer, have jointly announced the successful delivery of the first new ATR 72-600 to Uzbekistan’s airline Silk Avia. This historic milestone marks the commencement of a new era for regional connectivity in Central Asia. The ATR 72-600, part of an order announced in
China’s contender against Airbus and Boeing passenger jets, the narrow-body C919, engineered by the Commercial Aircraft Corporation of China (COMAC), has showcased its capabilities beyond Chinese borders. The aircraft made its international debut with a fly-by at the Singapore Airshow on February 18, 2024. China has strategically invested in challenging the dominance of Western plane
ATR, the regional aircraft manufacturer, has reported its 2023 annual results, highlighting a robust growth through increased deliveries and sales, strong performance of support and services, acquisition of new customers and route creation. ATR delivered 36 aircraft in 2023, a 44% increase from 2022. This reflects a positive momentum, while the year was still beset by lingering supply chain disruptions, with
BOC Aviation has successfully concluded a finance lease arrangement involving four Airbus A320neo aircraft with InterGlobe Aviation (IndiGo). All four aircraft are equipped with CFM LEAP-1A engines and their delivery is scheduled for 2024. Expressing satisfaction with the transaction, Steven Townend, Chief Executive Officer and Managing Director of BOC Aviation, stated, “We are pleased to
Joby Aviation, a pioneer in developing all-electric aircraft for commercial passenger service, has inked a definitive agreement with Dubai’s Road and Transport Authority (RTA) to introduce air taxi services in the Emirates by early 2026, with initial operations set to commence as early as 2025. The agreement, formalised at the World Governments Summit in Dubai
BBN Airlines Indonesia, a part of Avia Solutions Group, has added three Boeing 737-800s and one Boeing 737-400F to its fleet to strengthen the airline’s position in the Indonesian aviation sector. The addition of these aircraft is a strategic step for BBN Airlines Indonesia to improve its charter flight services in Indonesia. The acquisition was
Pratt & Whitney Canada’s PT6A-52 engine has been selected by Piper Aircraft for the Piper M700 Fury aircraft. This is the first time the PT6A-52 engine will be used to power a single-engine turboprop. Pratt & Whitney collaborated closely with Piper to incorporate a pioneering electronic low-oil-level indicator into the new Piper M700 Fury, marking the
Spafax, a global leader in in-flight entertainment and airline media solutions, has announced the continuation and deepening of its strategic partnership with Lufthansa Group, until 2028. This move aligns with Lufthansa Group’s goal of revolutionising the passenger journey by integrating state-of-the-art entertainment experiences on and off the aircraft. As part of this comprehensive partnership, Spafax
Boeing, the beleaguered US aircraft manufacturer, may encounter further setbacks in delivering its popular 737 MAX planes as a supplier identified incorrectly drilled holes, prompting additional work on approximately 50 undelivered aircraft. Spirit AeroSystems, the supplier, uncovered two holes drilled inaccurately, causing Boeing’s stock to drop by 2.2%, with Spirit experiencing a 3.9% decline. This
