ORIX Aviation has successfully concluded the sale and delivery of a package of twelve B737 MAX 8 (powered by LEAP 1B engines) on behalf of the secured financiers of the aircraft to funds managed by Sky Leasing. Since early 2021 ORIX Aviation has managed all twelve aircraft, overseeing their return from five different locations throughout
Jackson Square Aviation (JSA) has announced a purchase-and-leaseback financing to WestJet of a Boeing 737 MAX 8 aircraft. “We are delighted to welcome WestJet as our newest customer and look forward to building a long-term partnership with the airline,” said Chris Dailey, JSA President and Chief Commercial Officer, adding, “As one of Canada’s most prominent
PTS Aviation, a StandardAero company, has signed a comprehensive five-year aircraft engine lease agreement (ELA) with a major aircraft and engine lessor based in the United Arab Emirates, which is effective immediately. The initial ELA establishes the lease-to-purchase of one serviceable OEM-maintained, high-cycle remaining CFM56-7B26 engine for a 60-month term, during a crucial period of projected
American Airlines has taken delivery of its first Boeing 787-8 aircraft this year and its first since April 2021, on lease from aircraft lessor BOC Aviation. The aircraft, with U.S. Registration No. N880BJ, was delivered from Charleston, South Carolina and is powered by General Electric GEnx engines. The aircraft is expected to enter commercial service
The US Federal Aviation Administration (FAA) has confirmed it expects Boeing to recommence deliveries of its 787 Dreamliner this week, with American Airlines due to receive the first of these new deliveries es early as today (Wednesday). This will be the first delivery of a Dreamliner since April 2021. The approval from the FAA comes
Airbus Helicopters has delivered the world’s first ACH160 helicopter to a customer in Brazil on the eve of the 17th edition of the Annual Latin American Business Aviation Conference & Exhibition (LABACE) at Congonhas Airport, São Paulo. According to data from the Brazilian General Aviation Association (ABAG), more than 2,500 airports and 1,300 heliports in Brazil
Bombardier has announced the sale of one Challenger 3500 business jet to Italian-based operator, Air Corporate SRL. This will be the first company to offer the aircraft for charter in Europe. Introduced in 2021, the new Challenger 3500 aircraft offers a unique blend of performance, advantageous operating costs, ultimate cabin experience and smooth ride, making it an ideal choice for the European charter market.
American Airlines has announced its investment in ZeroAvia, a leader in hydrogen-electric, zero-emission aviation. In addition to the investment, a memorandum of understanding provides American the opportunity to order up to 100 engines from ZeroAvia’s hydrogen-electric powertrain development programme. The engines are intended to power regional jet aircraft with zero emissions. “Our investment in ZeroAvia’s emerging
Falko Regional Aircraft (Falko), the asset manager and aircraft lessor focused solely on the regional aircraft sector, has provided a summary of its Q2 2022 market activity. In Q2 2022, Falko added 23 aircraft to its portfolio during the quarter. Eight aircraft were sold and four aircraft were delivered on lease to customers in Europe.
Hans Airways, the UK’s new long-haul airline readying itself to fly to India, has celebrated the arrival of its first Airbus A330-200 on UK soil. The aircraft touched down from Palma Airport, Mallorca at Birmingham International Airport, welcomed by CEO Satnam Saini, COO Nathan Burkitt and CCO Martin Dunn for Hans Airways, ahead of formal
