Air Transport Services Group (ATSG), a provider of medium wide-body aircraft leasing, air transportation and related services, has signed an agreement to lease twelve additional Boeing 767-300 converted freighter aircraft to Amazon. One of the twelve aircraft was delivered on May 29, 2020 and the remaining eleven will be delivered in 2021. All twelve will
GE Capital Aviation Services (GECAS) has delivered a Boeing 777-300ER, MSN 32789, to Israel Aerospace Industries (IAI) for the prototype passenger-to-freighter conversion for the “Big Twin” program announced last October. Ferrying from Dubai, the aircraft arrived in Tel Aviv on June 4, where it will undergo an extensive conversion at IAI’s facility, including the addition
TUI and Boeing have agreed on a comprehensive package of measures to offset the consequences of the grounding of the 737 MAX. While the details of the agreement are confidential, it provides compensation which covers a significant portion of the financial impact, as well as credits for future aircraft orders. The compensation will be realized
Helitrans of Norway has become the first customer to take delivery of a new Airbus helicopter, using the e-delivery process devised to enable deliveries while ensuring compliance with COVID-19 health and safety restrictions. Trondheim-based Helitrans formally accepted the latest two H125s into its fleet following a series of actions that allowed all the requirements of
The administration of U.S. President Donald Trump wants to ban Chinese airlines from flying passengers to the United States until further notice. The regulation is to take effect on June 16, the US Department of Transportation announced. The retaliatory measure applies to Air China, China Eastern Airlines, China Southern Airlines and Hainan Airlines Holding. The
Independent aviation consultancy IBA, is optimistic about the resilience of regional jet and turboprop aircraft values, but expects value and lease performance to vary based on secondary market supply for specific models. IBA indicates that the supply of new regional jet and turboprop aircraft over the next one to two years is likely to be
GE Aviation has been awarded a US$394 million contract from the Defense Logistics Agency (DLA) to provide J85 engine supplies for the United States Air Force and Navy. The work will be carried out by GE Aviation’s facility in Lynn, MA, and across GE’s U.S. supply chain sites. The DLA classifies the new contract as
EFW has delivered another A330-300P2F converted freighter to customer DHL. This will be the first High Gross Weight (HGW) converted A330-300 with a gross payload of more than 62 tons on the market. Two more 330-300P2Fs will be delivered to DHL in the course of this year with up to 12 additional A330s to follow
magniX, the company powering the electric aviation revolution, and AeroTEC, an independent company focused on aerospace testing, engineering and certification, have announced the successful flight of an all-electric Cessna Grand Caravan 208B. The successful flight of the eCaravan, magnified by a 750-horsepower (560 kW) magni500 propulsion system, took place at the AeroTEC Flight Test Center
Congo Airways has converted the firm order made in December 2019 for two E175 aircraft, with purchase rights for two more, into a firm order for two E190-E2 jets, with purchase rights for a further two. The new deal has a total value of US$256 million at current list prices with all purchase rights exercised,
