Vistara, a joint venture of Tata Sons and Singapore Airlines, has finalized an engine order for 26 LEAP-1A engines to power 13 new Airbus A320neo aircraft, in addition to the 37 leased aircraft from the A320neo family, ordered in July 2018 and the ten leased aircraft already in service. Alongside this engine order, Vistara has
Nordic Aviation Capital (NAC) has delivered one new Embraer E190, MSN 19000770, to HOP! on lease. This is the fifth aircraft to deliver as part of a seven-aircraft lease agreement. HOP! is a subsidiary airline of the Air France Group. The airline operates flights for Air France, in several regions of France and Europe.
Garuda Indonesia and GECAS have entered into a lease agreement for two 737-800 Boeing-converted freighters (BCF). The passenger-converted aircraft are slated to be phased in mid-2020 and will provide additional capacity to Cargo Garuda Indonesia, the Indonesian National carrier’s strategic business unit with three freighters currently in use. Boeing 737-800 freighters are perfectly suited to
Helicopter lessor LCI, the aviation division of the Libra Group, has launched its first helicopter co-investment vehicle. The new helicopter ownership vehicle contains five aircraft all on long-term lease – three Leonardo AW139 and two Sikorsky S-92 units – and is valued at over US$100 million. It has been launched in partnership with Flexam Tangible
GECAS and Israel Aerospace Industries (IAI) have launched the Boeing 777-300ERSF and the establishment of a passenger-to-freighter conversion program. Dubbed “The Big Twin” — denoting its status as the largest ever twin-engined freighter — the initiative is jointly funded by GECAS and IAI. With agreements signed in July 2019 and a prototype aircraft to be
Swiss International Air Lines AG (Swiss), part of the Lufthansa group of companies and based near Basel, Switzerland, has announced that it has been forced to ground its fleet of 29 Airbus 220 jets in order to make engine checks after a technical problem was encountered by one of its jets on a London to
Bombardier’s two latest additions to the Global family, the Global 5500 and Global 6500 business jets, have received European Aviation Safety Agency (EASA) certification, validating the requirement for the aircraft’s operation in the European Union. This certification comes on the heels of Transport Canada certification and entry-into-service on September 30. The aircraft went through the
Amaszonas Línea Aérea ( Amaszonas) of Bolivia is the newest Embraer E-Jet operator. The airline started flying the E190 on October 15, between Santa Cruz de la Sierra’s Viru Viru Airport and La Paz. Amaszonas is adding a total of six E190s to its fleet. The airplanes will fly to several domestic and international destinations.
International helicopter brokerage, Aero Asset, has releases its third quarter (Q3) 2019 Preowned Helicopter Market Trends. Its latest report shows North America as the most active region. A total 37% of pre-owned twin engine helicopter buyers were in this territory in the thired quarter, up from 31% in the second quarter. Year to date (YTD),
Air Austral, the Réunion Island-based airline, has signed a firm order for three A220 aircraft, Airbus’ newest family member. With this order Air Austral becomes the first A220 customer based in the Indian Ocean region. Benefiting from a 20% reduction in fuel burn and CO2 emissions, the A220s will enable Air Austral to reduce its
