Air Lease Corporation (ALC) has announced long-term lease placements for four new Airbus A321XLR (extra-long-range) aircraft with Air Transat (Canada). Three new aircraft are confirmed to deliver to the airline starting at the end of 2025 through 2026 from ALC’s order book with Airbus. The agreement also includes an option for one additional A321XLR aircraft
Second fully outfitted Gulfstream G700 production-test aircraft takes to the skies Gulfstream Aerospace Corp. has reported that the second fully outfitted Gulfstream G700 production-test aircraft has flown. The aircraft joins the first outfitted G700, which has already set eight international city-pair speed records. The second G700 test aircraft will ensure the maturity, durability and comfort
PAL-V International B.V. of the Netherlands, creator of the PAL-V Liberty car which flies as a gyrocopter with rotors which unfold from its roof, has taken up tenancy at London Oxford Airport. Headed by Sales Director Andy Wall, the Oxford office is also home to the UK’s first ‘fly drive’ simulator, bookable via appointment. Here, would-be purchasers
In conjunction with its participation of the Selangor Aviation Show, Embraer released its Malaysia report which shows how regional jets can enable the opening of over 100 new routes within Malaysia and the region. “As travel demand recovers, we see unique opportunities for Malaysia to enhance its connectivity domestically and regionally. However, it must also
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CDB Leasing), has delivered one Airbus A320neo aircraft to Turkish Airlines, the flag carrier of Türkiye. The transaction marks the introduction of the inaugural A320neo to the carrier’s fleet. With the recently awarded IATA IEnvA Stage 2 certificate, which signifies the
IBA, a leading aviation market intelligence and consulting company, has revealed a range of insights following Israel’s decision to ban Boeing 747s and other four-engine aircraft in its airspace amid environmental concerns. Following the widespread demise of the passenger-carrying Boeing 747 following COVID-19, IBA reports that the largest impact of the ban is likely to
Nordic Aviation Capital (NAC) has completed the sale of four E170 aircraft and four CRJ900 aircraft to American Airlines based in Dallas, Texas. The eight aircraft will be placed into service by Envoy Air and PSA Airlines, both subsidiaries of American Airlines. Furthermore, NAC has executed a lease agreement for three Q400 aircraft with Connect
Chorus Aviation has announced that its subsidiary, Falko Regional Aircraft Limited has executed agreements to sell eight wholly owned aircraft that had previously been on lease, for net proceeds of approximately US$45 million after related debt repayments and estimated tax provisions. The Falko team has an extensive track record of opportunistically selling aircraft, having completed over
Wizz Air has announced the stationing of a fifth aircraft at its Vienna base and its growth plans for the Austrian market. The new Airbus A321neo will join the fleet in Vienna from December 2022 and enable the launch of 3 new routes to Madeira, Riyadh and Jeddah. Wizz Air currently offers its passengers a
GKN Aerospace engineers in Trollhättan Sweden, have successfully designed, developed and delivered a new Turbine Exhaust Module to MTU in Germany as part of the EU funded Clean Sky-2 EMVAL demonstrator programme. The Turbine Exhaust Module is paramount for heat dissipation and performance of an aero-engine and therefore a key component in improving the efficiency.
