Leading global commercial aircraft lessor Jackson Square Aviation (JSA), based in both Los Angeles CA and Dublin, Ireland has released its operating results for the full year 2022. The company has successfully increased the size of its fleet through the addition of 13 new production aircraft under sale-and-leaseback or finance lease products. Beyond deploying nearly
While Pratt & Whitney engines have been certified to operate with 50% sustainable aviation fuel (SAF) for the last ten years the jet engine maker is currently teaming up with the world’s largest regional jet manufacturer ATR to ready the PW127-series engines to be SAF ready by 2025. This will include the new PS127XT. The
Mitsubishi Heavy Industries has announced that it is cancelling the public-private SpaceJet project that would have seen Japan launch its first domestically produced passenger jet, despite having received orders over time for over 450 of the aircraft. The project had been supported by the Japanese government and domestic firms including Toyota, but has been beset
Following a very fruitful set of joint meetings, 3C, the Transport Canada-approved, independent flight test and certification Design Approval Organization (DAO) and Horizon Aircraft have signed a memorandum of understanding (MOU) under which the two companies will collaborate on aspects of the continued development and path to certification of Horizon Aircraft’s Cavorite X5 programme. The
International aircraft leasing company Avolon has completed the delivery of five new Boeing 737-8 MAX aircraft to Akasa Air, India’s newest airline. Delivery of the aircraft commenced in December 2022 and was completed in January 2023. This sale and leaseback transaction is Avolon’s first deal with Akasa.
C&L Aerospace, a C&L Aviation Group company, continues to increase support for ATR operators by purchasing five ATR PW127F engines. With the addition of these five engines, C&L has now purchased twenty PW127-series engines since starting its ATR programme in 2019. Three of the engines are currently for sale, with the rest being sold or
Swedish electric airplane developer Heart Aerospace has been selected as a long-term partner for Air New Zealand’s Mission Next-Gen Aircraft partnership for the replacement of the airline’s Q300 domestic fleet with a more sustainable option from 2030. Heart Aerospace was selected alongside Airbus, ATR, Embraer, and Universal Hydrogen. Air New Zealand’s Mission Next-Gen Aircraft was
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has delivered two Boeing 737-800 aircraft to a new customer, Milan-based NEOS S.p.A. (Neos). NEOS, which operates services from Italy and Europe to the Americas, Asia and Africa, plans to deploy the two aircraft, configured with 186 single-class seats, on
Norwegian has seen a 78% boost in January passenger numbers compared to January 2022, having carried 1,131,474 passengers in what is traditionally a quiet month for travel. “People traditionally travel less in January, instead using this time of year to book their next travels. Nevertheless, we had close to full flights to warmer destinations this
AerCap has signed lease agreements for four Boeing 777-300ERSF aircraft with Hong Kong-based global air cargo charter company Fly Meta. The aircraft are scheduled to deliver in 2024 through 2025. The Boeing 777-300ERSF, also known as ‘The Big Twin’, is the first passenger-to-freighter aircraft conversion programme of the Boeing 777-300ER and will be the largest
