MTU Maintenance, a global market leader in customized solutions for aero engines, has delivered the facility’s 9,000th engine, a CFM56-7B from the Saudi Aramco fleet. Saudi Aramco is the largest listed, state-owned petroleum and natural gas company based in Saudi Arabia. The company has been sending CFM56 engines to MTU Maintenance since 2004 and relies on
Dubai Aerospace Enterprise’s leasing division DAE Capital has signed agreements to sell nine narrow- and wide-body aircraft with a total market value of approximately US$500 million. The aircraft sales are all expected to close in 2021. Firoz Tarapore, Chief Executive Officer of DAE commented “The post-pandemic market for trading aircraft assets is robust. These transactions
Turboprop manufacturer ATR has delivered one ATR 72-600 aircraft to Greek airline SKY express. This deal represents a new country of operations for the ATR 72-600 which is currently flying in over 50 countries around the world. With a fleet of 10 ATR-500-series aircraft, the airline has opted to continue its long relationship with ATR
BOC Aviation has delivered the seventh of seven new Boeing 737 MAX 8 aircraft for lease to TUI Travel Aviation Finance (TUI). All aircraft are powered by CFM LEAP-1B engines. Tom Chandler, Managing Director, Fleet and Asset Management, TUI Group, said: “We are very pleased to have expanded our relationship with BOC Aviation through these
A Philippines Air Force Lockheed C-130 transport aircraft has crashed after a failed landing attempt at Jolo Airport in the province of Sulu, Philippines. Having failed to land successfully at Jolo, the plane failed to gain sufficient height before crashing in nearby Patikul. Early reports indicate that there were 96 passengers on board, all military
Blueberry Aviation, a leading provider of large commercial aircraft placement, investment, and lease management services, has been mandated to manage and remarket a fleet of eleven ATR 72-600 aircraft, being returned by Avianca to the financiers in the context of the airline’s Chapter 11 proceedings. Blueberry Aviation is based in Monaco, Dublin, New York, and Singapore
Air Cairo has taken delivery of the first of two A320-200neos from GECAS, with the second expected in early August. These aircraft will expand on the Egypt-based low-cost carrier’s current fleet of seven A320s. “Adding these aircraft to our all-A320 fleet will provide Air Cairo with much-needed capacity to meet the needs of our passengers,”
As announced by the New South Wales Government on June 22, 2021, funds for the new budget year have been allocated for NSW Ambulance (NSWA) to secure an improved mix of aircraft in its Air Ambulance fleet. Rex subsidiary Pel-Air will be adding two new Pilatus PC-24 jets to the NSWA fixed-wing air ambulance services
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
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
