Atlas Air and Cainiao Network (Cainiao), the logistics arm of Alibaba Group, have announced the expansion of their strategic partnership by adding a new Boeing 747-8 Freighter under a long-term agreement to increase capacity on routes between China and the Americas. This expansion builds upon Atlas Air’s partnership with Cainiao and the new aircraft will enter
Avolon, the Ireland-headquartered aircraft lessor and provider of lease management services has announced that AirAsia Aviation Group (AirAsia) has signed a non-binding MoU for the lease of a minimum 100 Vertical Aerospace VX4 electric vertical take-off and landing (eVTOL) aircraft. Air Asia is looking to revolutionise air travel in the Southeast-Asia region by providing air
Boeing and Western Global Airlines have announced a firm order for two 777 freighters, the first new-production freighters for the all-Boeing cargo operator based in Estero, Fla. The order was finalised in January 2022 and is currently listed as unidentified in Boeing’s order backlog. The agreement also includes an additional purchase option. Boeing has forecast
Eve UAM, an Embraer company, and Skyports, a leading infrastructure provider for electric vertical take-off and landing (eVTOL) passenger and cargo vehicles, have agreed on a partnership that will support the development of a new Concept of Operations (CONOPS) for Advanced Air Mobility (AAM), including Urban Air Mobility (UAM), for the Japan Civil Aviation Bureau
Etihad Airways’ has signed a Letter of Intent (LoI) for seven A350F freighters to add to its existing fleet of five A350-1000 passenger versions. The announcement was made at the Singapore Airshow 2022. Etihad has also selected Airbus’s Flight Hour Services (FHS) to support its entire A350 fleet.
Los Angeles, California-based Air Lease Corporation (ALC), has announced that it has placed 25 Boeing 737-8 aircraft with Malaysian Aviation Group (MAG), the parent company of Malaysia Airlines. Deliveries are due to commence in early 2023 and will continue through until 2026, the planes coming from ALC’s order book with Boeing. Izham Ismail, Group Chief
Pratt & Whitney Canada (P&WC) has added a new lease-to-own option to its growing portfolio of spare engine solutions. The portfolio, launched in 2020, also includes flexible options such as long-term leasing and on-wing leasing, complementing the existing short-term rentals offering to customers who are looking to prioritise their spending, reduce costs, better plan their
Eve and Microflite, one of Australia’s premier helicopter operators, have announced at the Singapore Airshow an order of up to 40 low-noise zero-emission eVTOLs (electric vertical take-off and landing) aircraft to support the commencement of new electric UAM (Urban Air Mobility) operations in Australia in 2026. Microflite and Eve plan to begin their partnership using
JetBlue has announced an agreement to exercise its option to add 30 additional Airbus A220-300 aircraft to its order book, bringing the total number of A220s in the airline’s fleet and on order to 100. The aircraft’s strong economics and operational performance are a key to JetBlue’s long-term cost performance, while also enabling more sustainable
Aergo Capital Limited (Aergo) has completed a sale-and-leaseback of the first of three B737-8 aircraft with Lynx Air (Lynx), Canada’s newest ultra-affordable carrier. Each of the three aircraft will be financed with equity provided by CarVal Investment funds and debt arranged by AV AirFinance. Fred Browne, Chief Executive Officer of Aergo, commented: “We are extremely happy to
