The Boeing 737 MAX 8-200 jet that landed at Dublin Airport on June 16, was the first of 210 of the MAX 8 variant ordered by the Irish low-cost carrier. Though one of Boeing’s biggest customers, Ryanair has been particularly critical these last few weeks over delays to deliveries and also a clear lack of
Jackson Square Aviation (JSA) has closed the purchase-and-leaseback financing for Flynas, Saudi Arabia with delivery of three Airbus A320neo aircraft under long-term leases. “We are excited to provide a comprehensive financing solution to Flynas with the delivery of these latest-technology and fuel-efficient A320neo aircraft and welcome the airline as our newest customer”, said Chris Dailey,
AFG Aviation Ireland, a wholly owned subsidiary of Aircraft Finance Germany GmbH, has completed the acquisition of one Airbus A320-214, bearing MSN 4484, from ALAFCO Aviation Lease Finance (Kuwait). AFG has placed the aircraft with Berniq Airways (Libya), which follows the delivery of MSN 4865 to the airline just last year.
GE Aviation and Safran have launched a bold technology development program targeting more than 20% lower fuel consumption and CO2 emissions compared to today’s engines. The CFM RISE (Revolutionary Innovation for Sustainable Engines) program will demonstrate and mature a range of new, disruptive technologies for future engines that could enter service by the mid-2030s. The
BlueBird Aero Systems, partially owned (50% of shares) by Israel Aerospace Industries (IAI), has completed the delivery of 100 WanderB-VTOL UAVs to a European customer. The Vertical Takeoff and Landing (VTOL) UAVs are part of a transaction involving over 150 WanderB-VTOL and ThunderB-VTOL UAVs worth tens of millions of dollars (USD). This is the world’s
On behalf of Cadence Business Finance (CBF), Sage-Popovich (SPI) will be coordinating the donation of multiple CF34 and ALF 502 engines to aviation mechanic schools. Nick Popovich, the company Chairman, has always supported the aviation learning community. When it came time to clear these engines out of storage, the CBF team generously offered them up
Santa Clara-based aviation startup Archer Aviation (Archer) unveiled its new two-seat electric vertical and take-off (eVTOL) urban taxi in Los Angles on June 10. Given the name ‘Maker’, the aircraft is a prototype of a four-passenger (five-seater) eVTOL aircraft it anticipates launching in 2024. Maker has a top speed of 150mph, has a range of
Vallair, the mature aircraft asset and cargo conversion specialist dedicated to the support of both operators and lessors, has delivered its second Airbus A321 freighter conversion. This is the first ever A321F to be operated by a European based carrier. Having received its STC from the FAA in April 2021, the aircraft bearing MSN 891,
Avolon, the international aircraft leasing company, and Vertical Aerospace (Vertical), have announced a ground-breaking US$2 billion order for up to 500 electric eVTOL aircraft. This agreement, which is subject to certain closing conditions, will introduce the ultra-short-haul aircraft category to commercial aviation, a game changing development that will revolutionize air travel with zero emissions aircraft.
TrueNoord, the specialist regional aircraft lessor, has signed a long-term operating lease with Silver Airways for an ATR 72-600. The turboprop entered Silver Airways’ fleet at the end of May and is flying in Silver’s network within the southeast United States and the Bahamas. Garry Topp, Sales Director for TrueNoord responsible for the Americas, comments:
