Specialist regional aircraft lessor TrueNoord, has completed the purchase agreement for multiple new E195-E2 aircraft from Embraer. The next-generation jets will join Porter Airlines’ growing fleet on a long-term operating lease. All six aircraft are to be delivered in 2023 and are part of Porter’s first firm E2 order for 30 E195-E2s, confirmed in 2021.
Boeing estimates that intra-regional and domestic networks across the African content will grow with a robust 6,1% compound annual growth rate, driving twenty-year demand for 1,010 new airplanes by 2040 valued at US$176 billion (£153 billion) . With Europe remaining the most prominent origin/destination for African carriers, overall African air traffic growth is forecasted at
Titan Aircraft Investments, the joint venture between Titan Aviation Holdings, Inc. and Bain Capital Credit, has announced the placement of three Boeing 767-300ER converted freighters on long-term dry leases with Ethiopian Airlines Group. Ethiopian Airlines is expected to take delivery of the first of these aircraft later this month, with the second delivery planned for
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has reported the delivery of the last of ten Airbus A320-200 aircraft to Indonesia’s newest low-cost airline, Super Air Jet (SAJ). The aircraft were delivered to the carrier over a period of 18 months and are intended to support the
Air Lease Corporation (ALC) has announced long-term lease placements for two new Airbus A321neo LR aircraft with HiSky. Scheduled to deliver to the European carrier in March 2023 from ALC’s order book with Airbus, these two new A321neo LRs join one Airbus A319 and four A320s currently on lease to the airline from ALC and
Teleport, the logistics venture of Capital A (formerly AirAsia Group Berhad) has announced the expansion of its fleet with the addition of three Airbus A321 freighters (A321Fs). This increases Teleport’s cargo-only fleet to four freighters in total, in addition to over 200 exclusive AirAsia passenger aircraft bellies. The three A321 freighters will be operated by
MNG Airlines, which holds a significant share of the air cargo industry in Turkey, is looking to use its experience to expand its services and flight network. After having converted Turkey’s first passenger-to-freighter (P2F) aircraft last year, MNG Airlines has completed the conversion of its second aircraft and TC-MCN is ready to take to the
As the first major U.S. airline to create a venture fund dedicated solely to support its green commitment to reach net-zero emissions by 2050, United Airlines (United) has agreed to purchase 200 electric vertical take-off and landing (eVTOL) aircraft from Eve, with an option for a further 200 aircraft. The deal will involve an initial
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
