Air Lease Corporation has arranged long-term lease placements for three new Boeing 737-8 aircraft with Aeroitalia. These three new Boeing aircraft are scheduled to deliver to the Italian airline from ALC’s order book with Boeing beginning in 2023 through 2024. Aeroitalia is a new Italian airline with entirely private capital, born from the foresight of
On July 5, 2022, SAS AB (Scandinavian Airlines or SAS) the flag-carrying airline of Norway, Denmark and Sweden filed for bankruptcy in the U.S. courts under Chapter 11 as part of a business restructuring plan called SAS FORWARD. Three of the key elements of this plan were to immediately reduce annual operating costs by between
Taiwanese carrier STARLUX Airlines (STARLUX) has taken delivery of its first A350, becoming the latest operator of the world’s newest wide-body aircraft. The aircraft, powered by Rolls-Royce Trent XWB-84 engines, is the first of 18 A350-900s set to join the carrier and will fly alongside A330neo and A321neo jets at the airline in an all-Airbus
BOC Aviation has completed delivery of six Boeing 787-9 Dreamliners to Norwegian carrier Norse Atlantic Airways (Norse). All six aircraft are powered by Rolls-Royce Trent 1000 TEN engines. “The delivery of these six aircraft reflects the strong level of teamwork and cooperation between Norse Atlantic and ourselves,” said Robert Martin, Managing Director and Chief Executive
In separate statements issued by the worlds two largest aircraft manufacturers, Airbus and Boeing have both received firm orders for a combined total of 87 aircraft with options for a further 100 from International Airlines Group (IAG). Boeing received the lions share with an order for 50 737-8-200s and 737-10s combined, the order having been
Aergo Capital Limited (Aergo) has delivered two further B737-8 aircraft to Batik Air Malaysia (Malindo Air). The aircraft, bearing manufacturer serial numbers 43010 and 43014, are the sixth and seventh of eight aircraft to be delivered to the Lion Air Group. Aergo Capital secured a loan facility from PK AirFinance, an aviation lending affiliate of
At the sixth edition of the Future Investment Initiative (FII), SAUDIA, the national flag carrier of Saudi Arabia and Lilium N.V. (Lilium), developer of the all-electric vertical take-off and landing (eVTOL) jet announced the signing of a Memorandum of Understanding (MoU) for the proposed development and operation by SAUDIA of an eVTOL network across Saudi
Air Canada has converted options for 15 Airbus A220-300 aircraft into firm orders, bringing to 60 the total number of the Canadian-built aircraft it will acquire for its fleet. “This expanded order for the A220, built up the road from our Montreal headquarters, is an important development in the modernisation of our fleet and a clear indication
Alaska Airlines is exercising options to purchase 52 Boeing 737 MAX aircraft for delivery between 2024 and 2027 growing the airline’s confirmed 737 MAX fleet from 94 to146. Alaska also secured rights for 105 more planes through 2030, ensuring access to sufficient aircraft for fleet replacement and growth. This agreement represents the largest commitment for
The electric vertical take-off and landing (eVTOL) aircraft designed by UMILES Next, Concept Integrity, equipped with FlyFree technology developed by research partner TECNALIA, took to the skies successfully over Jaén, Spain on October 26. Following its recent flight in Toulouse, this was the first free flight completed by the aircraft in Spain, as part of
