ST Engineering has announced the sale of 11 new-generation and current-generation narrow-body aircraft by its Aviation Asset Management business to Keystone Holdings (Global) Pte. Ltd. (Keystone). Keystone is a 50-50 joint venture between ST Engineering’s Commercial Aerospace and Sojitz Corporation. This sale is consistent with the Group’s strategy of working with partners to grow its Aviation
The GEnx engine family has surpassed the 50 million flight-hour mark in less than 12 years, the fastest rate ever for a commercial wide-body engine. The GEnx-1B, which powers the Boeing 787 Dreamliner family, has accumulated nearly 32 million hours since entering service in 2012. The GEnx-2B has accumulated 18 million hours since entering service
Textron Aviation has released that the Cessna SkyCourier twin utility turboprop has been awarded type certification by the National Civil Aviation Authority of Brazil (ANAC), paving the way for the aircraft to serve the dynamic and expansive Brazilian market and cater to its diverse aviation needs. “The Cessna SkyCourier’s high payload capacity, short take-off and
The first aircraft in High Ridge Aviation’s portfolio has been identified as MSN 44312, a Boeing MAX 8 in operation with Lynx Air purchased from Aergo Capital (Aergo). The transaction was completed on June 28. Fred Browne, Chief Executive Officer of Aergo, commented: “We are delighted to share this milestone event with our friends at
Aviation market intelligence and consultancy company IBA, has revealed there are signals of potential oversupply of the Boeing 737-800 passenger-to-freighter (P2F) aircraft, with 60 conversions forecast for this year alone. IBA highlighted data from its aviation intelligence platform, IBA Insight, which shows that the 737-800 has been converted at a faster rate than any
Aircraft remarketing specialist Airstream International Group has arranged the sale of four ex-Air Berlin Dash 8-Q400 aircraft to Sky Alps SRL in Italy. The aircraft were sold on behalf of Declan Taite of Kroll, Liquidator of NAC Aviation 9 Limited (in liquidation). The aircraft, serial numbers 4234, 4239, 4245 and 4250 add to Sky Alps
Falko Regional Aircraft Limited (Falko), the asset manager and aircraft lessor focused solely on the regional aircraft sector, has outlined its Q2 2023 portfolio activity. During the quarter Falko added a further Embraer E195-E2 to the portfolio having taken delivery of its fifth E195-E2 aircraft. This was the final delivery in a previously announced five-aircraft
During the second quarter 2023, Embraer has delivered a total of 47 jets, comprising 17 commercial aircraft and 30 executive jets (consisting of 19 light jets and 11 midsize jets). Throughout the year, the company delivered a total of 62 aircraft, including 24 commercial jets and 38 executive jets. The second-quarter deliveries exhibited a 47%
Europe’s fastest-growing ultra-low-cost carrier Wizz Air has now increased its current order with Airbus to 434 A321neos and a total of 565 A320-family aircraft in total. József Váradi, CEO of Wizz Air said; “With today’s announcement, Wizz Air further reinforces its position as the largest A321neo Family operator in Europe and the Middle East. More
Specialist regional aircraft lessor, TrueNoord, has recently taken delivery of its fourth Embraer E195-E2 at São José dos Campos in Brazil. This next-generation jet is part of a fleet of six E2s that will be leased to Canadian operator, Porter Airlines, with the fifth and sixth aircraft scheduled for delivery later in 2023. Anne-Bart Tieleman,
