Nordic Aviation Capital (NAC), a regional aircraft lessor, and Eve Air Mobility (Eve) have signed a Letter of Intent (LOI) to promote the electric vertical take-off and landing (eVTOL) aircraft through optimised leasing strategies.The LoI establishes that Eve will have the opportunity to utilise NAC’s global presence and asset management knowledge while NAC will acquire
Boeing has announced that it has received orders from Avolon and Air Algérie for 737 MAX jets and from China Airlines for eight Dreamliners. Avolon, the aircraft leasing company, has placed orders for 40 737 MAX jets. This order was previously unidentified on the Boeing Orders & Deliveries website. Furthermore, Air Algérie has confirmed an order for
Airbus has signed new aircraft orders with Air Mauritius, Qantas and Philippine Airlines (PAL) at the Paris Air Show. Air Mauritius has opted for three A350 aircraft to expand its network in Europe and South Asia. The three latest-generation aircraft will bring Air Mauritius’ A350 fleet to a total of seven. The airline already operates
Jet2 plc has selected CFM International’s advanced LEAP-1A engines to power its further order for up to 71 new Airbus A320neo/A321neo-family aircraft, of which 35 are firm orders. The agreement includes spare engines and a long-term services support agreement, with deliveries scheduled to begin in 2028. UK-based Jet2 plc has been a CFM customer since
SalamAir, Oman’s value-for-money airline, has announced a firm commitment to lease three Airbus A330neo aircraft from Avolon, the international aircraft leasing company. A letter of intent was signed at the Paris Air Show on June 19, 2023, and the first delivery is expected to be in October 2023. The introduction of three new Airbus A330neo wide-body aircraft
AFI KLM E&M and Rolls-Royce have announced the conclusion of an incremental agreement for the maintenance and repair of Trent XWB engines powering Airbus A350 aircraft. This new agreement will reinforce AFI KLM E&M as a valued partner in the British engine manufacturer’s global support network. Based on its Airline-MRO DNA, AFI KLM E&M is
De Havilland Aircraft of Canada (De Havilland Canada) has launched the advanced DHC-6 Twin Otter® Classic 300-G at the Paris International Air Show. The aircraft manufacturer secured combined purchase agreements and letters of intent for a total of 45 aircraft. Brian Chafe, the CEO of De Havilland Canada, expressed his excitement about the iconic aircraft’s
The world’s largest aircraft manufacturer, Airbus, has secured a record order for 500 A320-family aircraft from India’s esteemed low-cost airline, IndiGo. The momentous announcement was made by Airbus at the Paris Air Show on Monday, marking it as the largest order in history in terms of sheer quantity. IndiGo’s remarkable order surpasses that of its
TrueNoord, the specialist regional aircraft lessor, has finalised operating lease agreements with Breeze Airways for three Embraer E190s. The aircraft (MSN 1900055, 1900070 and 1900132) are based in the U.S. and are already deployed across the Breeze Airways network which provides low-cost, non-stop routes to 35 underserved destinations across the U.S. They form part of
Rolls-Royce has released that its new, small gas turbine, that has been specifically developed to power hybrid-electric flight, is set to begin testing. The engine is part of a turbo-generator-system that is being developed for the advanced air mobility market. This includes electrical vertical take-off and landing (eVTOL) aircraft for Urban Air Mobility (UAM) and
