Textron Aviation has delivered a Cessna Grand Caravan EX to Brazilian aviation company Azul Conecta, a subsidiary of Azul Airlines based at Jundiai Airport in São Paulo. This aircraft represents the 3,000th Cessna Caravan-family turboprop delivered worldwide. Azul Conecta transports travellers from smaller cities and remote locations throughout Brazil. Conceived as a rugged utility aircraft
Air Lease Corporation (ALC) has posted an update on aircraft investments, sales and significant financing activities occurring in the fourth quarter of 2022. As of December 31, 2022, ALC’s fleet was comprised of 417 owned aircraft and 85 managed aircraft, with 398 new aircraft on order from Boeing and Airbus set to deliver through 2028.
LCI, a leading aviation company and a subsidiary of Libra Group, has signed an agreement with Elroy Air, developer of advanced autonomous cargo aircraft systems, to acquire up to 40 of the company’s Chaparral vertical take-off and landing (VTOL) aircraft. LCI’s investment in Elroy Air’s system underpins the company’s long-term commitment to sustainable growth and
Europe’s Airbus has retained its top spot for the fourth year running as the world’s biggest jet manufacturer having delivered 663 jets throughout 2022, a rise of 8% when compared to 2021 deliveries. Airbus also managed to secure orders for 1,078 new jets throughout the year, which resulted in a net total of 820 after
AerCap Holdings (AerCap) has announced its major business transactions during the full-year 2022. The company reported that it signed 570 lease agreements and completed 118 purchases during the full-year 2022. AerCap completed 207 sale transactions during the year and signed finance transactions of approximately US$ 4.2 billion. During the fourth quarter the company signed 159
The US Federal Aviation Administration (FAA) confirmed on Saturday that it is to partner with the Korea Office of Civil Aviation (KOCA) future Advanced Air Mobility aircraft development and operations. According to the FAA the signed agreement will see the two counties collaborate and share information on advanced air mobility projects and work together to
On December 30, 2022, GOAL Aircraft Leasing Ireland successfully delivered two new ATR72-600 aircraft to InterGlobe Aviation, India (IndiGo). The aircraft are part of a package of four ATR72-600s and are equipped with the brand-new PW127XT engines. These aircraft will be on a long-term lease to IndiGo and are supporting IndiGo’s regional fleet expansion. The
Nordic Aviation Capital (NAC) has confirmed that it has executed lease agreements for two additional Embraer E175 jets with Star Air, a fast-growing regional carrier based in Bangalore, India. The airline currently has a fleet of five E145 jets and plans to commence operation with E175 jets in the first quarter of 2023 connecting 18
Stellantis N.V. (Stellantis) and Archer Aviation (Archer) have announced their intention to strategically strengthen the already existing partnership between the two companies with a view to producing Archer’s flagship Midnight electric vertical take-off and landing (eVTOL) aircraft. The intention is for production to commence at the new Archer facility at Covington Georgia. The Midnight eVTOL
Dubai Aerospace Enterprise has released that DAE Capital, aircraft lessor and financier, has acquired 94 aircraft in 2022 (owned: 46; managed: 48) and sold 33 aircraft (owned: 10; managed: 23). Furthermore, the company signed 143 lease agreements, extensions and amendments in 2022 (owned: 121; managed: 22). At the end of 2022 the company´s fleet size
