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Aircraft & Engines

Spirit Airlines is emerging from financial restructuring

Aviation Capital Group delivers Airbus A321neo to Spirit Airlines

February 5, 2024

As a premier full-service aircraft asset manager, Aviation Capital Group’s (ACG) latest delivery of the Airbus A321neo, equipped with Pratt & Whitney GTF engines, strengthens its collaboration with Spirit Airlines. This marks the fourth aircraft from ACG’s Airbus order book, showcasing the company’s commitment to enhancing airline fleets with cutting-edge technology. Specialising in commercial aircraft

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Turbotech and Safran have successfully tested the first hydrogen-fuelled gas turbine engine for the light aviation market © Safran

Turbotech and Safran test first hydrogen turboprop for light aircraft

February 1, 2024

Turbotech and Safran have successfully completed the first test of a hydrogen-fuelled aero gas turbine engine with an ultra-highperformance regenerative cycle. The test was made possible by ArianeGroup’s resources and decades of expertise in preparing and performing tests with hydrogen fuels for space applications at its Vernon test facility in France. This initial trial was

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Nexus Aviation Ventures has signed a lease agreement with BBN Airlines for one Airbus A321-200 aircraft © BBN Airlines

Nexus Aviation Ventures signs lease agreement with BBN Airlines

February 1, 2024

Nexus Aviation Ventures has signed a lease agreement with BBN Airlines based in Istanbul, Türkiye for one Airbus A321-200 passenger aircraft. MSN 2916 is currently located in Tucson, Arizona undergoing its pre-delivery checks for BBN. BBN is a Turkish airline focused on the ACMI markets. Strategically located in Istanbul, the airline currently operates a fleet

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SMBC Aviation Capital

CDPQ, SMBC Aviation Capital form US$1.5 billion aircraft financing platform

January 31, 2024

Global investment group CDPQ and SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, have officially completed an agreement to establish a US$1.5 billion global aircraft financing and leasing platform dedicated to modern, fuel-efficient NextGen aircraft. The platform will target worldwide opportunities in new-technology aircraft, with an initial deployment of US$500 million per

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The new E175 jets will be deployed across the Air Canada Express network © TrueNoord

TrueNoord leases two E175 jets to Air Canada

January 31, 2024

Specialist regional aircraft lessor TrueNoord has purchased two Embraer E175 jets on lease with Air Canada. The recent closing of this transaction marks the completion of TrueNoord’s acquisition of ten Embraer aircraft from Nordic Aviation Capital (NAC), first announced in January 2023. The aircraft are already deployed across the Air Canada Express network which flies

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Embraer's deliveries increased 13% in 2023 © Embraer

Embraer’s backlog for 2023 hits US$18.7 billion

January 31, 2024

Embraer reported the delivery of 75 aircraft in the fourth quarter of 2023 (4Q23), comprising 49 executive jets (30 light and 19 medium), 25 commercial jets, and one military C-390 jet. Despite facing supply chain challenges impacting 2023 deliveries, the company experienced a 13% increase compared to 2022, delivering a total of 181 aircraft. The

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RB211-535 © StandardAero

StandardAero redelivers 200th Rolls-Royce RB211-535 engine

January 30, 2024

StandardAero’s San Antonio facility has delivered its milestone 200th Rolls-Royce RB211-535 turbofan engine, less than five years after inducting its first powerplant.  StandardAero provides RB211-535 maintenance, repair and overhaul (MRO) services in support of the global fleet of Boeing 757 aircraft, serving the needs of cargo and passenger operators worldwide. StandardAero entered into a life-of-type

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Image of Akasa Air Boeing 737 MAX © CFM International

Akasa Air and CFM ink deal for over 300 LEAP-1B engines

January 29, 2024

As part of the state visit by French President Emmanuel Macron to India, Akasa Air and CFM International have jointly revealed an agreement for the acquisition of CFM LEAP-1B engines to power 150 Boeing 737 MAX airplanes. The announcement follows the recent declaration of the sale of these aircraft. This comprehensive agreement encompasses spare engines

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DAE and Turkish Airlines sign long-term lease agreements

January 29, 2024

Dubai Aerospace Enterprise (DAE) has reached an agreement with Turkish Airlines for the lease of ten new Boeing 737-8 aircraft. The aircraft are scheduled to deliver in 2025. Commenting on the agreement, Firoz Tarapore, Chief Executive Officer of DAE, said, “We are delighted to further deepen our already strong and long-term relationship with Turkish Airlines

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