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Aircraft & Engines

DAE signs 91 lease transactions in first half of 2021

Dubai Aerospace Enterprise (DAE) has reported its business transactions update for the first half of 2021 for its aircraft leasing division, DAE Capital: The number of new underwriting aircraft purchase commitments amounted to 26 (owned: 15; managed: 11), and DAE acquired 16 aircraft (owned: ten; managed: six) during the first half of 2021. The company

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Bombardier delivers first two Global 7500 aircraft to Canadian customers

Bombardier has handed over two Global 7500 aircraft to two different Canadian customers, marking the first deliveries of the flagship business jet in Canada. Both aircraft will be managed and offered for charter by Canadian aircraft services provider, Chartright Air Group, and will be based at Toronto’s Pearson International Airport. With production ramped up and

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Embraer delivers first limited-edition Phenom 300E aircraft

Embraer has delivered the first limited-edition Phenom 300E aircraft—part of the Duet collaboration with Porsche—to an undisclosed customer in Fort Lauderdale, Florida. The aircraft was delivered at Embraer’s state-of-the-art Global Customer Center in Melbourne, Florida. Duet marks the first-ever collaboration between leading aviation and automotive manufacturers, pairing the fastest and longest-ranged single-pilot-certified jet with the

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Brussels Airlines to add three Airbus A320neo aircraft to its fleet

The Lufthansa Group Executive Board and the Board of Directors of SN Airholding have authorized the allocation of three Airbus A320neo aircraft to Brussels Airlines. With these new state-of-the-art aircraft, Belgium’s home carrier makes an essential step in the further modernization of the airline’s fleet and herewith significantly lowers the CO2  and noise emissions on

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GECAS increases commitments to 777-300ERSF “Big Twin Program”

GECAS has announced the exercise of three options to firm order with Israel Aerospace Industries (IAI) to convert an additional three of the lessor’s 777-300ER passenger planes to freighters.  This brings GECAS’ total commitment since the launch of the “Big Twin Program” in July 2019 to 18 firm (including the prototype aircraft from GECAS’ owned

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Rex secures two additional Boeing 737-800NGs

Australian carrier Rex has signed a letter of intent (LOI) with a lessor for the lease of two Boeing 737-800NGs. The two aircraft are expected to arrive in late August, increasing its 737 fleet to eight, and are scheduled to enter service on Rex’s domestic network in September. Rex’s Deputy Chairman, the Hon John Sharp

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Virgin Galactic gets FAA go-ahead for space tourism flights

Shares in Virgin Galactic jumped nearly 40% on news that Sir Richard Branson’s spaceship company has been given approval for passengers to fly into space on a commercial basis, while putting pressure on ‘space race’ rivals Elon Musk and Jeff Bezos with Space X and Blue Origin, respectively. Shares in Virgin Galactic have all but

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Scoot A320neo aircraft © AirTeamImages

BOC Aviation delivers three new Airbus A320neo aircraft to Scoot Airlines

BOC Aviation has delivered three of four new Airbus A321neo aircraft for lease to Scoot Airlines (Scoot). The aircraft will be powered by Pratt & Whitney’s PurePower® PW1100G-JM engines. Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation, said: “We are delighted to have delivered these aircraft to Scoot, and we’re pleased to be

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