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
Horizon Aircraft, an innovative leader in hybrid electric vertical take-off and landing (VTOL) aerial vehicles, has successfully completed initial hover-testing of its “Cavorite X5” scale prototype. Brandon Robinson, CEO of Horizon Aircraft said, “This aircraft has exceeded expectations during initial hover-testing. It is extremely stable, is capable of full hover at only 65% power, and
Majority state-owned global lessor BOC Aviation has announced that it has placed an order with Boeing for 40 more of its fuel-efficient 737 MAX 8 aircraft. The aircraft are scheduled for delivery during 2027 and 2028. This takes BOC’s total order book with Boeing for the 737 MAX 8 to 80 aircraft. Originally known as
The first two of 50 Embraer E195-E2 jets ordered by Porter Airlines (Porter) have been delivered in a ceremony at Embraer’s HQ in Brazil. In the run up to the New Year Embraer will deliver a further three aircraft to Porter. Porter, the North American launch customer for Embraer’s E195-E2, is opening up operations throughout
Elbe Flugzeugwerke GmbH (EFW), centre of excellence for Airbus Passenger-to-Freighter (P2F) conversions, re-delivered its tenth A330-300P2F aircraft to DHL Express in time for the Asian high-season for e-commerce and cargo demand. DHL Express, launch customer for EFW’s A330-300P2F programme, is currently the biggest operator of the A330-300P2F. DHL Express’ A330-300P2F fleet will continue to grow,
Raytheon Technologies has completed the successful first engine run of the company’s regional hybrid-electric flight demonstrator, marking a key milestone towards flight testing, targeted to begin in 2024. The propulsion system’s initial run took place at Pratt & Whitney’s innovation facility in Longueuil, Quebec and performed as expected. The system fully integrates a 1 MW electric motor developed by
Rolls-Royce and Gulfstream Aerospace Corp. have successfully conducted the first original equipment manufacturer (OEM) test flight of an ultra-long-range business jet powered by 100% sustainable aviation fuel (SAF). The test involved a BR725-powered Gulfstream G650 twin-engine jet with the flight taking place over Gulfstream’s headquarters in Savannah, Georgia. This test has laid down the groundwork
German Airline Condor Flugdienst GmbH (Condor) has taken delivery of its first A330-900 wide-body aircraft out of an order of 16 A330neo aircraft. The A330neos will replace previous generation aircraft in its fleet to reduce Condor’s operating costs as well as reduce fuel consumption and CO2 emissions by 25%. Condor’s A330neo will accommodate 310 passengers, featuring
