At the end of 2019, regional aircraft lessor Nordic Aviation Capital (NAC), signed a firm order with Airbus for 20 A220 Family aircraft. This latest order from NAC, counted in the 2019 order-book, is a huge endorsement and affirms the strong market demand for the state-of-the-art, fuel-efficient Airbus A220 Family. NAC is one of the
Elix Aviation Capital (Elix) has delivered one ATR 42-300, MSN 291, under a purchase by Rheinland Air Service, headquartered in Monchengladbach, Germany. RAS provides aircraft maintenance, repair and overhaul (MRO), plus aircraft sales, support and fueling. With over 40 years of technical expertise, and employing about 250 people across Europe and Africa, the RAS companies
Airbus Helicopters in the U.K. is to provide four additional H145 helicopters as part of an expansion of the U.K. Military Flight Training System (UKMFTS). The new helicopters will join the existing fleet of 29 H135s and three H145s, known respectively as Juno and Jupiter in UKMFTS service. They will be delivered during 2020. Operated
Willis Lease Finance has entered into a ConstantAccess™ agreement with Scandinavian Airlines System, whereby Willis Lease will guarantee availability of CFM56-5C engines to cover requirements due to both planned and unplanned removals of engines powering the airline’s fleet of eight A340 aircraft. “Over the next 36 months, as we transition into our new fleet of
Leonardo’s new Falco Xplorer drone aircraft has performed its maiden flight. Falco Xplorer S/N0001 took off from Trapani Air Force base on January 15, cruised over the Gulf of Trapani in a dedicated fly zone, for around 60 minutes and then returned to base, landing safely. The maiden flight is a significant milestone which has
GA Telesis (GAT) has acted as structuring agent for the successful acquisition and financing of ten Boeing aircraft for a major U.S. Airline. GAT, as structuring agent, negotiated the purchase and arranged the financing from a U.S. bank to fund the transaction. “This transaction was a great opportunity for our experienced team to identify, structure,
Specialist regional aircraft lessor, TrueNoord, is leasing two new Dash 8-400 aircraft to Philippine Airlines on long-term operating lease agreements. MSN 4610 has been delivered and MSN 4612 will join the fleet in February. These aircraft are the first Dash 8-400 aircraft manufactured by De Havilland Aircraft of Canada Limited to enter service in TrueNoord’s
Aergo Capital has announced that during the fourth quarter of 2019 and the beginning of January 2020, the company has completed the sale of six aircraft and the acquisition of three aircraft. The dispositions included sales of one Airbus A330-200 and one Airbus A330-300 aircraft on lease to Qatar Airways, one Boeing 737-900ER aircraft on
Aircraft remarketing specialist Airstream International Group has arranged the lease of an ATR 42-500 aircraft on behalf of Gladiator Leasing Limited. The 2003-manufactured aircraft, serial number 621, was leased to interCaribbean Airways. Airstream continues to enjoy a close relationship with Gladiator Leasing Limited and Erste Bank, having remarketed a number of their aircraft, and is
Boeing is currently reviewing a new technical issue with the software update for the currently grounded 737 MAX jet. “We are making necessary updates,” Boeing said in a statement. Officials at the planemaker have confirmed that the issue relates to a software power-up monitoring function which verifies that certain system monitors are correctly operating. In
