Airshare plans to double its fractional fleet with the addition of Bombardier’s Challenger 350 business jets. The company has ordered three super-midsize Challenger 350 aircraft, with options for 17 more, which will enable the Kansas City-based private aviation company to double the size of its fractional ownership fleet in the near future. Airshare selected the
Embraer has signed a contract with Aerodata AG, from Germany, to sell a Praetor 600 to be converted into a Flight Inspection Aircraft, to fulfill the full range of flight inspection missions. The aircraft is scheduled to be delivered to Aerodata in 2022 when they will begin to install the systems and equipment required to
Rolls-Royce has officially unveiled the Pearl® 10X, the third and most powerful member of its Pearl engine family for the business aviation market. The engine has been optimized to exclusively power Dassault’s brand-new flagship aircraft, the Falcon 10X, which was revealed during a digital ceremony at Le Bourget airport in Paris on May 6. The
ABL Aviation, the global independent aircraft investment management firm, has closed another Japanese operating lease with call option (JOLCO) arranging the equity portion of two(2) Airbus A350-900s aircraft for Lufthansa. This is the first transaction that ABL Aviation has completed with Lufthansa and was closed in a short timeframe. The financing was secured in April
With the boom in express delivery services and a burgeoning e-commerce market, demand for the Boeing 737 800BCF (Boeing Converted Freighter) has further increased. As a consequence, Boeing has chosen to create two new, dedicated production lines for the 737 variant in conjunction with Cooperativa Autogestionaria de Servicios Aeroindustriales (COOPESA) in Alajuela, Costa Rica. Both
Lufthansa Group is accelerating the modernization of its fleet. New, highly cost- and fuel-efficient aircraft are replacing older types on short-, medium-, and long-haul routes. As a result, the Executive Board of Deutsche Lufthansa AG has decided to buy ten long-haul aircraft: five Airbus A350-900s and five Boeing B787-9s. The Supervisory Board approved the purchase
ABL Aviation, the global independent aircraft investment management firm, has successfully completed another e-delivery of a new Airbus A320neo aircraft for Pegasus Airlines, on behalf of ABL Aviation’s Japanese partner. The transaction follows the industry’s first ever 100% remote delivery of an aircraft, also arranged by ABL Aviation for Pegasus Airlines last April in the
Rolls-Royce and DHL Express have signed a TotalCare® agreement for the Trent 700 engines that currently power the eight Airbus A330 freighter aircraft of the worldwide operating logistics company. The agreement will also cover any Trent 700 engines that are added to the DHL fleet in the future. This agreement will give DHL a secured
Silk Way West Airlines, a private cargo operator, will expand its international network by signing an order with Boeing for five 777 freighters. The deal marks the first purchase of the long-range, high-capacity twin-engine freighter in the Caspian region and Central Asia. The airplanes will enable the airline to increase its capacity to meet growing
Aergo Capital (Aergo) has completed the acquisition of twenty 2003-11 Vintage DHC-8-Q400 aircraft from a major financial institution. FPG Amentum acted as agent on the deal. The aircraft were acquired naked. In parallel, LOI negotiations for the lease of a number of these aircraft are progressing. Fred Browne, Chief Executive Officer of Aergo, commented: “In the
