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
Singapore Airlines (SIA) has finalised a purchase agreement with Airbus for seven A350F freighter aircraft at the Singapore Airshow . The order firms up the carrier’s commitment to the new-generation freighter announced by the plane maker in December 2021. The newly ordered aircraft will replace the carrier’s existing 747-400F fleet from the fourth quarter of
American Airlines has signed a firm order with Embraer for three new E175s. The aircraft will be operated by American Airlines’ wholly owned subsidiary, Envoy Air. With deliveries to be completed this year, Envoy’s fleet of E175s will grow to over 100 aircraft by the end of 2022. The contract value is US$160.2 million at
BOC Aviation has announced orders for eight shipsets of CFM International LEAP-1A engines to power new Airbus A320neo-family aircraft on order from Airbus and scheduled for delivery in 2023. CFM International is a 50/50 joint company between GE and Safran Aircraft Engines and produces engines for both the Airbus A320 family and Boeing 737 series.
According to Airbus’ newest Global Market Forecast, the next 20-year passenger traffic growth of 5.3% per annum and accelerated retirement of older less fuel-efficient aircraft will see the Asia-Pacific region require 17,620 new passenger and freighter aircraft. Nearly 30% of these will replace older less fuel-efficient models. In a region which is home to 55%
Global full-service aircraft lessor Aviation Capital Group (ACG), wholly owned by Tokyo Century Corporation, has signed a firm contract for 20 Airbus A220s following its order for 40 A320neo-family aircraft including five A321XLRs announced in December 2021.” “We are delighted to expand our partnership with Airbus through this A220 order”, said Steven C. Udvar-Hazy, Senior
Aergo Capital Limited (Aergo) has successfully delivered one 2010 vintage Boeing 737-800 aircraft bearing manufacturer serial number 37247 to Alliance Aviation Group. Fred Browne, Chief Executive Officer of Aergo, commented: “We are pleased to announce the successful delivery of the Boeing 737-800 to Alliance. I would like to commend the team at Alliance and those
ST Engineering’s Commercial Aerospace business has signed an agreement to lease up to five Airbus A320 Passenger-to-Freighter (P2F) aircraft to Vaayu Group (Vaayu). Astral Aviation, one of the fastest-growing all-cargo airlines based in Nairobi, Kenya, will be the launch operator for the first two of the five A320P2F aircraft by sub-leasing them from Vaayu. The
Jazeera Airways, the Kuwaiti-based carrier, has firmed up an order with Airbus for 28 aircraft, including 20 A320neos and eight A321neos. The order confirms the Memorandum of Understanding announced in November 2021. “We are pleased to confirm this latest order with Airbus,” said Rohit Ramachandran, Jazeera Airways Chief Executive Officer. “By taking both A320neo and
