IBA, a leading aviation market intelligence and consultancy company, has highlighted the growth potential of the helicopter finance and leasing market. Looking at the helicopter market overall, IBA outlined how there are currently over 22,000 western-built turbine aircraft in operation. In comparison to fixed-wing aircraft leasing, the helicopter leasing market is less mature with more
It was a day for nostalgia at Boeing Co. on December 6 as the last-ever 747 Jumbo Jet, a 747-8 freighter left the company’s plant in Everett, Washington for completion before being delivered to Atlas Air early next year. It was 54 years ago that the first-ever 747 rolled off the production line at the
Air Greenland has taken delivery of an A330-800 wide-body aircraft, becoming the latest operator of the type. The A330neo will replace previous-generation aircraft in the company’s fleet, reducing operating cost, improving environmental efficiency while offering an unrivalled passenger experience. Air Greenland’s A330neo will comfortably accommodate 305 passengers, featuring 42 premium-class seats and 263 economy-class seats. Air
AELS has released that it has completed the acquisition of a Boeing 737-800 airframe (MSN 34692, OO-JLO), previously owned and operated by TUI Belgium. This acquisition has been realised with the support of Skytech-AIC, that acted as Marketing Agent for TUI. This is the third airframe that AELS purchased from TUI, testifying that AELS is
Nordic Aviation Capital (NAC) and Executive Jet Support (EJS) have completed a sale agreement for two Embraer E190 jets. This will be Executive Jet Support’s first E190 aircraft for disassembly and will greatly enhance its position in the marketplace as a significant player in the supply of spares to the regional and commercial marketplace. Executive
Coulson Aviation has been awarded a four-year firefighting contract with the Western Australia government for a C-130H Hercules airtanker. The aircraft is already on its way to Australia from the U.S. Built by Lockheed Martin, the C-130 Hercules is a four-engine turboprop military transport aircraft. Coulson purchased the C-130 from the Norwegian military and overhauled
The Swiss Air-Rescue Service Rega has ordered a second batch of 12 five-bladed H145 helicopters to be operated from its mountain bases. They will replace the current fleet of AW109SP helicopters. This new order follows an initial contract for nine H145s, announced in March of this year. By 2026, Rega will operate an all-Airbus fleet
Pratt & Whitney Canada, a business unit of Pratt & Whitney, has released that the U.S. Federal Aviation Administration (FAA) has certified the PW812D engine, designed to power the Dassault Falcon 6X business jet. The PW812D engine has shown exceptional performance during testing with more than 6,100 hours of engine testing, including 1,150+ hours of
Embraer has confirmed that Spanish airline Binter is the customer for the new firm order for five E195-E2 aircraft announced last week and to be delivered in 2023 and 2024. These aircraft will be added to the fleet of five jets already incorporated as of 2019 when Binter became the first European customer for the
Jackson Square Aviation has announced the closing of a sale-and-leaseback financing to Iberia, with the delivery of a second Airbus A350-900 aircraft to the airline. “This delivery is a testament to the strong relationship that we have built with Iberia and its teams over the years,” said Christophe Million-Rousseau, JSA SVP Marketing & Capital Markets
