Chorus Aviation Capital (CAC) has added a total of 34 on-lease aircraft in 2019. With this strong market performance, CAC’s third-party lease portfolio has now reached 64* aircraft. Year-end, and previously unannounced transactions, include the acquisition of two mid-life Dash 8400 aircraft (MSN 4300 and MSN 4301) on lease to Croatia Airlines and an additional
Airbus has delivered 863 commercial aircraft to 99 customers in 2019, outpacing its previous output record set in 2018 by eight percent. In the 17th yearly production increase in a row, Airbus progressed on the transition to all NEO variants and by year end Airbus had delivered 173 wide-body aircraft, its highest number in a single year. Airbus had
All Nippon Airways (ANA) will be launching the third of its specially designed “FLYING HONU” Airbus A380s, allowing for ANA to offer daily flights between both Narita and Honolulu on these unique aircraft. ANA currently provides two flights daily on the Narita-Honolulu route, with ten flights served by Airbus A380s and four operated by Boeing
AerCap has announced its major business transactions during the full year and fourth quarter of 2019: Full-year 2019 transactions included signed lease agreements for 192 aircraft and the purchase of 65 aircraft. AerCap executed sale transactions for 96 aircraft and signed financing transactions in the amount of approximately US$9.5 billion for the year. During the
Willis Lease Finance Corporation has placed an order with CFM International for up to sixty LEAP engines with a value of nearly US$900 million at list prices. This includes both firm and option orders for LEAP-1A and LEAP-1B engines, which the Company will use to support its customers operating Airbus A320neo and Boeing 737 MAX
Boeing has announced a change in its previous position regarding the required training of pilots for the operation of the 737 MAX by recommending all future pilots undergo simulator training as opposed to the previous exclusively computer-based training. Boeing had last year suggested that such training would not be required for the operation of its
EmbraerX, Embraer’s disruptive business subsidiary, has reported its expansion into the commercial air cargo market, via a collaboration agreement with Elroy Air, at CES 2020. This collaboration will allow the companies to accelerate the unmanned air cargo market worldwide, leveraging Embraer’s 50 years of industry experience with Elroy Air’s bold new developments in autonomous aircraft
A Boeing 737-800 belonging to Ukraine International Airlines has crashed shortly after taking off from Imam Khomeini International Airport, Tehran at 6.12 a.m. local time, Wednesday. The plane, flight PS752, was heading for the capital of Ukraine, Kyiv. According to eyewitnesses, the plane was ablaze prior to crashing into the ground two miles to the
BOC Aviation has ordered 20 new Airbus A320neo aircraft. A minimum of ten and up to 12 of these A320neo aircraft have been committed for lease to Avianca S.A. (Avianca) based in Bogota, Colombia. “We are delighted to establish a relationship with BOC Aviation, who are one of the world’s foremost lessors, and we sincerely
Dumont Aviation Group has announced that, with its most recent purchase on December 23, 2019, it has completed its program of purchasing 27 Falcon 2000 aircraft from a large fractional operator. The Falcon 2000 program started in 2018 when Dumont purchased its first Falcon 2000 and continued through 2019 and concluded with its Dec. 23
