Los Angeles-based Air Lease Corporation has announced that it has placed six brand-new Airbus jets on long-term lease with Croatia Airlines with delivery set to take place at the beginning of 2024 through to 2025. The leases are for four A220-300s and two A220-100s. “We are pleased to announce this lease placement for six new
Brazilian manufacturer Embraer has secured a firm order for 15 new E195-E2 aircraft from an undisclosed customer. The order is valued at US$1.17 billion (£0.95 billion) at list price and will be added to the fourth-quarter 2022 backlog.
In what appears to be Nepal’s third-most deadly airplane crash, an ATR 72 twin-engine turboprop aircraft operated by Nepal’s Yeti Airlines has crashed in a gorge just outside the town of Pokhara in Central Nepal. Initial reports are that 68 bodies have been recovered, while four of the remaining 72 passengers and crew have yet
TrueNoord, the specialist regional aircraft lessor, has completed a sale agreement for eight Embraer E190s and two E175s with Nordic Aviation Capital (NAC). This significant transaction increases TrueNoord’s portfolio to 70 aircraft and brings new lessee airlines from North America, Canada and South Africa into the family, as well as increasing TrueNoord’s footprint with existing
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
