TrueNoord, the specialist regional aircraft lessor, has leased three Embraer E190s to Finnair. These aircraft have been purchased with leases attached from GOAL Aircraft Leasing and they are being sub-leased and operated by Nordic Regional Airlines (NoRRA). Financing was provided under TrueNoord’s term loan warehouse facility supported by Morgan Stanley, NORD/LB Norddeutsche Landesbank, Barclays and
BOC Aviation has delivered the final two of five Airbus A321neo aircraft on lease to Sichuan Airlines. These aircraft are powered by Pratt & Whitney GTF™ PW1100G-JM engines, and were delivered from the Company’s existing order book. Sichuan Airlines is a full-service carrier with more than 300 routes carrying nearly 30 million passengers annually. Established
Leonardo has delivered the first of 22 latest-generation AW169M light intermediate twin-engine helicopters for Italy’s Guardia di Finanza. The initial delivery is linked to a contract worth €280 million, which was signed at the end of 2018. It also includes a complete support and training package that could be extended in the future for further
Qatar Airways has ordered CFM International LEAP-1A engines to power its new fleet of 50 Airbus A321neo family aircraft. In addition, the national airline of the State of Qatar has also signed with CFM a Rate-Per-Flight-Hour (RPFH) support agreement to cover its entire fleet of LEAP-1A engines, including spares, for a combined total value of
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., has delivered the first of two Airbus A321neo aircraft to Brazilian airline Azul S.A. The aircraft is the first A321NX version of the Neo-family, fitted with Airbus’ Cabin Flex option, to be operated by a Brazilian airline. The A321neo, configured in
Embraer and KLM Cityhopper have signed a firm order for 21 E195-E2 aircraft, plus 14 purchase rights. The 21 firm positions will be acquired via operating leases from Embraer lessor partners Aircastle and ICBC Aviation Leasing. The order was previously announced as a Letter of Intent for 15 firm orders with 20 purchase rights at
FPG Amentum, the Dublin-based aircraft leasing/management company has announced the sale of two Boeing 737-700s (MSNs 34320 and 34321). FPG Amentum has leased the aircraft to Southwest Airlines on behalf of FPG Amentum’s investor customer Global Aircraft Fund I since 2016 and has now arranged the sale of the aircraft to the operator.
Nordic Aviation Capital (NAC) has delivered one ATR 72-600, MSN 1145, to Air Nostrum on lease. Air Nostrum was founded in 1994 in Valencia, Spain. It was created to become a reference point for the southern European regional aviation market sector as indicated by its original name: Air Nostrum Lineas Aereas del Mediterraneo (Air Nostrum
Air Canada’s first Airbus A220 was unveiled last week when it rolled out of the painting hangar at the A220 final assembly line in Mirabel. In December, Air Canada will become the first Canadian airline to take delivery of this Canadian-designed and developed aircraft when it receives the first of its 45 A220s on order.
With the U.S. Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA) flagging a number of issues during a documentation audit of how the latest 737 MAX software update was developed, the outcome is a number of carriers having to further amend their schedules to take into account the fact that the grounded
