Titan Airways has taken delivery of its first passenger-to-freighter converted aircraft, a CFM56-5B-powered Airbus A321P2F. This delivery is the first of three Airbus A321 converted passenger-to-freighter aircraft on order. The U.K. airline is among the first carriers to operate the converted aircraft since the plane’s initial production in 2020. The aircraft is leased to Titan
Boeing and private investment firm 777 Partners have announced an agreement to add 24 737-8 aircraft to the 777 Partners’ diverse aviation portfolio, with purchase rights for an additional 60 airplanes. The Miami-based company will place the single-aisle airplanes with its growing portfolio of low-cost carrier investments around the world. In addition to aircraft leasing,
Continuing its successful series of Saab 340B cargo conversions, TAM has delivered an additional aircraft – ES-NSD, MSN 171 – to Estonian airline Nyx Air on March 10, thus complementing a vast fleet of Saab 340/2000 and ATR 72 regional airliners, including Saab 340s in full cargo configuration. With comprehensive experience gained from converting more
LCI, a leading helicopter leasing, management and investment platform, has placed two AW109SP helicopters on long-term operating leases to undertake EMS (emergency medical services) operations with its newest customer, Sloane Helicopters. The two new Leonardo helicopters, which are the first of its type to enter LCI’s fleet, were recently delivered to Sloane Helicopters’ base at
Embraer has delivered the first conversion of a Legacy 450 to a Praetor 500 jet, to AirSprint Private Aviation. The Canadian fractional ownership company has another Legacy 450 scheduled to convert to a Praetor 500 this year, in addition to the delivery of a brand-new Praetor 500, also in 2021. With these additions, AirSprint will
Titan Aircraft Investments has agreed to purchase two Boeing 767-300ER aircraft from Icelandair which will be converted to freighters and then placed on long-term leases to Icelandair. Titan Aircraft Investments is a joint venture between Titan Aviation Holdings and Bain Capital Credit, while Titan Aviation Holdings, which is a subsidiary of Atlas Air Worldwide Holdings
Aero Capital Solutions (ACS), a leading mid-life aircraft leasing platform, has announced a summary of results for calendar year 2020. While a challenging year for the aviation industry, ACS continued to deploy capital and work with airline partners to provide tailored structures in support of airlines’ evolving needs. Overall, 2020 saw a strong development in
Rolls-Royce’s is set to power Vertical Aerospace’s flagship Urban Air Mobility (UAM) aircraft. A Rolls-Royce electrical power system will be integrated into the piloted all-electric vertical take-off and landing (eVTOL) vehicle, which will carry up to four passengers for 120 miles at cruise speeds of over 200mph and is on course to certify in 2024.
Embraer’s agricultural aviation division sold 19 EMB-203 Ipanema single-seat aircraft in February, totaling 27 aircraft sold this year. This sales volume in the first two months of 2021 is already 8% higher than what was negotiated throughout 2020. The second consecutive month of high sales reflects the favorable performance of the Brazilian agribusiness and the
Kellstrom Aerospace has announced the disassembling of two engines, one CF6-80C2B1F and one CFM56-5B into stock. Both engines are in teardown simultaneously in the U.S. Serviceable LPT Modules are immediately available for sale or exchange. The remaining used serviceable material (USM) from this project will be available to support Kellstrom Aerospace engine programs helping airlines
