LCI is set to deliver two new Leonardo AW139 helicopters on long-term lease to Babcock Australasia (Babcock), Australia in early 2024. The aircraft, which are valued at over US$40 million (£22.4 million), will be deployed by Babcock on mission-critical and socially responsible Emergency Medical Services (EMS) operations. The Leonardo AW139 combines flexibility, high performance, proven
Greater Bay Airlines (GBA) has placed an order for 15 Boeing 737-9 airplanes. The order also includes a commitment for five 787 Dreamliners to support GBA’s long-term plan to launch international long-haul services. The new Hong Kong-based carrier said the 737-9 will form the backbone of its future fleet as it seeks to operate more flights
Finnair is turning 100 years in November 2023. To mark the centenary, the beloved Moomin characters will be featured on the livery of two Finnair wide-body aircraft for the duration of the year. Finnair has taped a picture of Moomintroll and Snorkmaiden in the livery of two of its Airbus A350 aircraft, with registration numbers
Lessor CDB Aviation has delivered a new Boeing 737 MAX 8 aircraft to Oman Air. This is the final aircraft in a series of five deliveries contracted as part of a sale-and-leaseback transaction with Oman Air, the national airline of the Sultanate of Oman. The aircraft, equipped with CFM Leap 1B27 engines and configured with
Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, is ramping up operations to meet high-demand and expanding its modern, sustainable fleet. With nine state-of-the-art Airbus A321neo aircraft, the airline is driving ambitious growth into new territories with must-see destinations for adventure lovers carrying the flag of ultra-low-cost travel. The additional aircraft will
India’s low-cost carrier Indigo and ultra-low-cost carrier Go First have jointly been forced to ground over 50 of their jets. The issue has arisen through a major supply chain problem with their engine provider Pratt & Whitney. According to ANI news agency, the U.S.-based engine manufacture issued a statement outlining the current challenges it was
EGYPTAIR has taken delivery of its first A321neo from Airbus’ Delivery Centre in Hamburg, making the airline the first African operator of the aircraft. EGYPTAIR has specified a high-comfort, two-class configuration with 16 Business-class seats and 166 Economy-class seats and will increase the airline’s single aisle capacity to the Middle East, Africa and Europe. The
Lease rates on popular aircraft types expected to rise The ACMI market grew significantly last year and will see another major jump this year from long-term players and start-ups alike, according to industry experts. They see a strong need for ACMI in the market right now and it’s only expected to grow – the market
Alliance Airlines has entered into a sale-and-purchase agreement for an additional 30 Embraer E190 aircraft from Dublin-based lessor AerCap. The additional 30 E190 aircraft are currently on lease from AerCap to a U.S. airline and have been operated by the carrier since new. Aircraft deliveries and payments will commence in September 2023 and will be
New narrow-body aircraft base values rose beyond the long-term trend into 2023 and lease rates are forecast to climb further this year, according to data revealed by IBA leading aviation market intelligence and consultancy company. In its latest values webinar, IBA’s ISTAT-certified experts revealed that the base value of a new Airbus A220-300 was US$38.25
