Aergo Capital (Aergo) has successfully handed over a DHC-8-400 aircraft with manufacturer serial number 4088 to Malta-based Luxwing. This marks the initial aircraft out of a pair slated for delivery to Luxwing within the current year. Fred Browne, the CEO of Aergo, expressed his excitement, stating, “We are delighted to announce the delivery of a
Dubai Aerospace Enterprise (DAE) has released that an affiliate has signed a definitive agreement to acquire the rights, interests, and obligations of a portfolio of 64 Boeing 737 MAX aircraft from a wholly-owned subsidiary of China Aircraft Leasing Group Holdings Limited (CALC). The portfolio includes 737-8, 737-9 and 737-10 variants. Delivery of the aircraft is
A distributor agreement was signed at LABACE 2023 between Leonardo and Gruppomodena S.A. for the civil market in Uruguay and Argentina including an order for two AW119Kx helicopters and an order for one AW109 GrandNew helicopter for a private operator in Brazil. Official distributor in Brazil for the AW09 latest-generation single-engine, Gualter Helicopters signed for
The Cathay Group has announced its plan to buy as many as 32 Airbus A321neo and A320neo aircraft, as part of its ongoing investment in expanding and modernising its fleet, and enhancing flight connectivity at the Hong Kong international aviation hub. This move will increase the Group’s total new aircraft deliveries to over 70. These
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
