Eve Air Mobility (Eve) has released that it has completed wind tunnel testing of its electric vertical take-off and landing (eVTOL) vehicle. The testing, which was conducted at a wind tunnel near Lucerne, Switzerland, utilised a scale model of Eve’s eVTOL which is projected to enter service in 2026. Wind tunnel testing is an important
NetJets, a leading private aviation company, has signed a new deal with Brazilian aircraft manufacturer Embraer to acquire up to 250 Praetor 500 jet options. The deal, valued at over US$5 billion, includes a comprehensive services and support agreement and is expected to commence deliveries in 2025. This partnership marks NetJets’ first time offering the
Air New Zealand is investing heavily in its international fleet to support the growth of New Zealand’s tourism industry throughout the year. Air New Zealand’s CEO, Greg Foran, announced during TRENZ 2023 that the airline plans to operate 39 international routes with 4.5 million seats between March and October this year. Foran emphasised that the
Dublin, Ireland-based Avolon, the international aircraft leasing company, has announced that it has completed the delivery of its 100th Airbus A320neo. The recipient was Cebu Pacific and is the second A320neo delivered under an agreement signed earlier in 2023 for three new A320neos for the low-cost Philippine carrier. Once the third aircraft is delivered later
Falko Regional Aircraft Limited (Falko), the asset manager and aircraft lessor focused solely on the regional aircraft sector, has provided a summary of its first-quarter 2023 market activity. Falko added four aircraft to its portfolio during the quarter and one aircraft was sold. Five aircraft were delivered on lease to customers during the quarter (including
Ryanair and CFM International have signed a Letter of Agreement (LoA) for the purchase of LEAP-1B engines to power 150 Boeing 737-10 aircraft. The LoA also includes spare engines and options for 150 additional aircraft. Ryanair has been a CFM customer since 1998, operating the largest fleet of CFM-powered Boeing airplanes and the largest CFM56-7B-powered
Ryanair, Europe’s largest low-cost carrier, has announced that it is to purchase up to 300 new 737 MAX aircraft from Boeing. The agreement is the largest order ever placed by the Irish carrier and is divided into a firm order for 150 737-10 aircraft with options for a further 150 more. Ryanair has deployed a
Swedish investment and aircraft leasing company Rockton will acquire up to 40 of Heart Aerospace’s regional electric airplane, the ES-30, converting an earlier letter of intent with the Swedish airplane maker into firm purchase orders for 20 airplanes with purchase rights for 20 more. Leasing companies together own more than half of the global airplane
Philippine Airlines (PAL) has signed a Memorandum of Understanding (MoU) with Airbus for the purchase of nine A350-1000s. Under the Philippine carrier’s Ultra-Long- Haul-Fleet project, the A350-1000 will be operated on non-stop services from Manila to North America, including to the East Coast of the U.S. and Canada. The new aircraft will join two A350-900s
Having purchased the Oberpfaffenhofen site and the Dornier 228 programme in 2021, the German aircraft manufacturer General Atomics AeroTec Systems (GA-ATS) has announced that it has just begun production of the latest version of the passenger and special mission aircraft, the Dornier 228 NXT. With state-of-the-art technology, improved performance and complying with current environmental regulations,
