Dubai Aerospace Enterprise (DAE) has announced its business transactions update for the first nine months of 2021 for its aircraft leasing division, DAE Capital. The company acquired 23 aircraft during the first nine months, ten owned, and 13 managed and it sold 23 aircraft (owned: 16; managed: seven) and furthermore signed three new servicing agreements
Cobham Aviation Services Australia has signed a six-year operating lease agreement with TrueNoord, the specialist regional aircraft lessor. The Embraer E190 (MSN 1900087) will be integrated into Cobham’s fleet for immediate charter operation. Funding for the aircraft is underwritten by TrueNoord’s existing revolving warehouse facility with Citibank, Société Générale and Royal Bank of Canada. CMS
The Lufthansa Group is accelerating the modernization of its long-haul fleet. The Group has signed leases for four state-of-the-art and fuel-efficient Airbus A350-900 aircraft with lessors Avolon, SMBC Aviation Capital and Goshawk. As a result, the Group’s A350 fleet will grow to 21 aircraft at the beginning of 2022. The Airbus A350-900s are scheduled to
Genesis, the Dublin based aircraft leasing company, has entered into an agreement with Boeing to convert two 737-800 aircraft into freighters. The first 737-800 Boeing Converted Freighter (BCF) will be completed and ready to enter into service in spring 2022 with a second aircraft ready to enter operations in early 2023. This move will allow
Leonardo has announced the launch of a new initiative to reinforce its position in the world’s VIP/corporate helicopter market, as it pioneers new advanced and sustainable air mobility solutions in the vertical flight domain. On October 2, Agusta became the brand that embodies the company’s distinctive design, technology, and service philosophy and values in the
Embraer, Brazil’s global aerospace company, has announced that demand for its agricultural aircraft is already double that for the whole of 2020 with a total of 50 Ipanema EMB-203 turboprop aircraft sold. This increase is a reflection of the strong performance of Brazil’s agribusiness sector and confidence among farmers and aero-agricultural companies for the year
Canadian business jet manufacturer Bombardier has announced that an undisclosed client has agreed to purchase 20 of its high-end luxury Challenger 3500 business jets, its largest order for 2021. Based on current list prices, the order is worth in the region of US$534 million. The Challenger 3500 was unveiled on September 14 with a totally
ITA, the new national airline of Italy, has agreed to lease 31 new ALC aircraft consisting of 15 A220s, two A320neos, nine A321neos, and five A330-900neos on long-term lease from ALC’s orderbook with Airbus. The 31 aircraft will deliver to the airline progressively beginning in the second half of 2022 through early 2025. In addition to
Vallair, the mature aircraft asset specialist dedicated to the support of both operators and lessors, and launch customer of the A321 freighter conversion (A321F), has delivered its third Airbus A321 freighter, bearing serial number 1017. This aircraft follows two Airbus A321Fs already delivered by Vallair that are presently in operation: MSN835 delivered in October 2020
US-Bangla Airlines, the Dhaka, Bangladesh-based carrier, has appointed global aviation services group ACC Aviation as remarketing agent to dispose of three de Havilland Dash 8-Q400 turboprops. The aircraft (MSN 4034, 4044 and MSN 4058) all built in the early 2000s, will be disposed of, along with an extensive list of DHC8-Q400 spares and components as a packaged transaction. Leveraging its extensive
