Griffin Global Asset Management (Griffin) has announced the purchase-and-leaseback of two new Boeing 787-10 aircraft and two new A350-1000 aircraft on long-term lease to British Airways. “Griffin is extremely pleased to welcome British Airways as a new customer with the deliveries of these two 787-10s and two A350-1000s. Our management team has a relationship with
Latvian national airline airBaltic welcomed its 43rd Airbus A220-300 jet, registered as YL-ABR, in Riga. This is the fourth Airbus A220-300 delivery for airBaltic in 2023. It is a part of the 50 strong order for the A220-300 from airBaltic. In addition, airBaltic holds 30 options and purchase rights for the same aircraft type. Thus far, airBaltic has carried close to 13,000,000 passengers on the Airbus A220-300 aircraft, having completed nearly 143,000 flights
Airbus Helicopters and Korea Aerospace Industries (KAI) have signed an agreement to initiate the serial production phase of the Light Armed Helicopters (LAH). This follows the contract awarded by the country’s Defence Acquisition Programme Administration to KAI in December 2022 to supply an initial batch of ten LAH to the Republic of Korea Army. Deliveries
Hybrid Air Vehicles (HAV) and Air Nostrum Group (Hibernian Airlines, Ireland and Mel Air, Malta), have agreed to double the number of Airlander 10 under reservation, to a total of 20 aircraft. Under the initial agreement, announced in June 2022, Air Nostrum Group had reserved ten Airlander 10 aircraft, with a 100-passenger configuration. Under the new
Aircraft Leasing & Management (ALM), has announced the conclusion of sale and leaseback agreements for three Airbus A321neo aircraft with Frontier Airlines. The first aircraft bearing registration N626FR has been delivered by Fuyo to Frontier at the Airbus facility in Mobile, AL. ALM will act as servicer for the duration of the lease. The remaining
Sub-regional Australian carrier Torres Strait Air has announced that as part of its five-year expansion plan, it is to acquire ten new Britten-Norman Islander aircraft and an estimated cost of $25 million. [DD1] The carrier currently has an existing fleet of seven of the aircraft which form the backbone of the local community and its economy,
Norway’s Elfly Group is to forge ahead with the production of a full-scale prototype of its all-electric commercial seaplane, the Noemi (No-Emissions) following this week’s confirmation of US$8 million-plus grant from Enova SF, the country’s Ministry of Climate and Environment. The award underlines the Norwegian Government’s commitment to transition to a low emission society and
National Jet Express (NJE), a member of the Rex Group, will shortly take delivery of another De Havilland Dash 8-400NG ‘Next Generation’, fitted with 82 seats. This will be the ninth Dash 8-400NG to join the NJE fleet and the second to be deployed to support and grow NJE’s long-term contract with BHP Mitsubishi Alliance
National flag carrier Air New Zealand and regional aircraft manufacturer ATR, have signed a firm order for two brand-new ATR 72-600 aircraft and options for two more. Deliveries are scheduled for the second half of 2024 and the beginning of 2025. Air New Zealand will then operate the fourth-largest ATR fleet worldwide. These additional aircraft
BOC Aviation has entered into a finance-lease transaction involving ten Airbus A320neo aircraft with InterGlobe Aviation Ltd. (IndiGo). The aircraft are all powered by CFM LEAP-1A engines. All ten aircraft are scheduled for delivery in 2023. “We are pleased to enhance our partnership with BOC Aviation with the lease agreement for these 10 aircraft. This
