Avolon, the international aircraft leasing company, has announced a commitment to order 40 Boeing 737 MAX aircraft. The aircraft are scheduled for delivery between 2027 and 2030 and are valued at over US$4 billion (£3.2 million) at current list price. Avolon delivered the first 737 MAX in 2017, along with the 1,000th 737 MAX earlier
Joby Aviation (Joby), has announced that it has been contracted by the US Air Force to deliver up to nine of its five-seat, low-noise, zero-operating-emissions eVTOL (electric vertical take-off and landing) aircraft as a third extension to the previously signed Agility Prime contract. This US$55 million extension brings the total value of the Agility Prime
Embraer has delivered a total of 15 jets in the first quarter of 2023, of which seven were commercial aircraft and eight were executive jets (six light and two large). This total volume represents a 7% growth compared to the same period of the previous year. As of March 31, the firm order backlog totalled
The Lufthansa Group and the Karlsruhe Institute of Technology (KIT) are currently converting the Lufthansa Airbus A350-900 “Erfurt” (registration D-AIXJ) into a flying research laboratory. Now, an essential project milestone could be reached: for the first time, experts from the Lufthansa Group have attached the measuring probe system developed especially for the project to the
GA Telesis (GAT) has delivered two Airbus A320 aircraft on long-term lease to Air Albania. The aircraft are part of the GA Telesis owned fleet and weredelivered to Air Albania in the first quarter of the year. GA Telesis’ Leasing, Investment, Financing & Trading (LIFT) Group continues its growth trajectory, acquiring high-quality assets, investing in
Jackson Square Aviation (JSA) has arranged a purchase-and-leaseback financing of one Airbus A220-300 aircraft to airBaltic. “We are delighted to welcome airBaltic as our newest customer and are excited to play a part in financing the next phase of the airline’s growth as it moves from global A220-300 launch operator to this milestone 40th A220 delivery,”
Specialist regional aircraft lessor TrueNoord has successfully completed the novation (the substitution of a new contract in place of an old one) of two YoM 2008 Embraer E190AR aircraft on long-term operating lease to Airlink (Pty) Limited. These assets are part of TrueNoord’s recent portfolio acquisition of ten aircraft from Nordic Aviation Capital (NAC), which
Airbus has delivered the first two of eight five-bladed H145s to the Bavarian Police Force. These first two helicopters will be used for the training of pilots and crews which will begin shortly, ensuring a smooth transition from the current H135 fleet which has been in service for more than twelve years, to the larger H145 helicopters. Delivery of
The arrival of ten Boeing 787-9 Dreamliner, an aircraft of the newest generation of technology – will spur the modernisation and growth of the Austrian Airlines long-haul fleet. The first aircraft will be landing beginning 2024 in Vienna and will expand the flag carrier’s fleet to 66 aircraft during the summer flight schedule 2024. Expected
Aventure Aviation has recently purchased its eighth Boeing 737NG airframe, which was previously operated by China Airlines and will be dismantled at Jetyard in Marana, Arizona. According to Ebrahim Zakaria, the VP of Business Development at Aventure Aviation, the acquisition timing is perfect as passenger bookings are exceeding pre-pandemic levels, and the supply chain is
