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
MONTE, a financier of sustainable regional aviation technologies, has placed a firm order for 25 hybrid-electric Cessna Eco Caravan aircraft with Ampaire, with an option for a further 25 of the aircraft included in the deal. Established in 2016, Los Angeles-based Ampaire is involved in upgrading and converting existing passenger aircraft to hybrid-electric power. The
Air Côte d’Ivoire, the national airline of the Republic of Côte d’Ivoire, has signed a firm order for two A330neo aircraft to support its growth strategy. The agreement was announced at Airbus headquarters in Toulouse. The airline currently operates a fleet of six Airbus aircraft comprising one A320neo, two A320ceos and three A319s. The new
With Latin American air travel outpacing the industry’s global recovery, the region’s commercial fleet is projected to grow by more than 85% over the next 20 years, fuelled by the strength of domestic and intra-regional travel, Boeing released in its 2022 Commercial Market Outlook (CMO). The region is well-positioned for healthy recovery beyond near-term market
Altavair L.P. (Altavair), an asset manager focusing on the acquisition of new and used commercial aircraft for leasing to domestic and international passenger airlines and cargo operators, has announced that it has entered into a definitive agreement with Amazon Air for the lease of ten Airbus A330-300 jets. The aircraft are due to commence delivery
During the National Business Aviation Association’s Business Aviation Convention & Exhibition (NBAA-BACE) Textron Aviation has entered into a purchase agreement with Fly Alliance for up to 20 Cessna Citation business jets, four firm with options for 16 additional aircraft. Fly Alliance will use the aircraft for its luxury private jet charter operations and expects to
