CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has announced an extension of the company’s relationship with Wizz Air, with an additional sale and leaseback transaction for a batch of six Airbus A321neo aircraft. Wizz Air is expected to receive four A321neos in the fourth quarter of 2021,
MTU Aero Engines (MTU), Germany’s leading engine manufacturer, has openly welcomed Airbus’ ZEROe concepts in relation to emission-free aviation. “Hydrogen is a highly attractive future option for us as an engine producer as well,” says MTU Chief Operating Officer Lars Wagner, adding: “It should be used as a fuel right away.” MTU sees three possible
Air Safa, a Singapore-based aircraft leasing company, has signed a purchase agreement with Airbus Helicopters for one H125 helicopter with the option to add another one in the future. The H125 will be placed on a dry lease to Indian operators for multirole missions, including passenger transportation and aerial work. The H125 is a member
As part of a strategic program to expand its engines asset platform, APOC Aviation has purchased three CFM56-5A engines from PTS Aviation in Florida, in a multi-million dollar transaction. One of the engines was acquired with a lease attached to German charter airline, Condor. The other two are currently in Miami and will shortly be
Aergo Capital (Aergo) has completed the acquisition and financing of one 2006 Vintage Airbus A321-200 aircraft, bearing manufacturers serial number 2653, from Global Knafaim Leasing (GKL). The aircraft was sold with an existing operating lease to British Airways and has been financed by Volofin Capital Management (volofin).
Airbus has delivered two new H135 helicopters to the National Aeronautics and Space Administration (NASA) from the Airbus Helicopters production and completion facility in Columbus, Mississippi. These aircraft, along with a third scheduled for delivery early next year, will be based at NASA’s Kennedy Space Center in Florida and operated for a variety of missions,
Israel Aerospace Industries (IAI) Aviation Group has delivered the first passenger-to-cargo converted Boeing 737-700 to Chines airline – Tianjin Cargo Airlines, which will become the first operator of this type of aircraft in China. The conversion work was carried out at the Tianjin MRO site, under a partnership agreement with IAI and Haite Group for
Bipartisan legislation has been unanimously approved by a U.S. House of Representatives committee to reform the Federal Aviation Administration’s (FAA) aircraft certification procedures after the fatal crashes of a Lion Air 737 MAX and Ethiopian Airlines 737 MAX jet, killing all passengers and crew on board in both instances. The beleaguered jet has been grounded
Norwegian Air Ambulance Foundation receives first-ever five-bladed Airbus H145 helicopter Airbus Helicopters has delivered the first five-bladed H145 to the Norwegian Air Ambulance Foundation. This new version of the H145 light twin-engine helicopter brings a new, innovative five-bladed rotor to the multi-mission helicopter, increasing the useful load by 150 kg while delivering new levels of
Rex, Australia’s largest independent regional airline, has signed Letters of Intent with two lessors for the lease of six Boeing 737-800 NG aircraft. The first 737 will be delivered on November 1, 2020, with the remaining five aircraft being phased in over the following four months in readiness for the launch of Rex’s domestic jet
