Lilium, the Munich-based startup developing a revolutionary on-demand air mobility service, has released new footage of its all-electric Lilium Jet as it has completed its first phase of flight testing, a milestone it has reached less than six months since starting its flight test campaign. The Lilium Jet, the first five-seater, all-electric, vertical take-off and
,TrueNoord, the specialist regional aircraft lessor, has placed an ATR 72-600 aircraft from its fleet on a new lease programme for six years with expanding Bangladeshi domestic and international operator, US-Bangla. Previously under a running lease agreement with HOP! the aircraft supplements US-Bangla’s recent acquisition of new ATR 72-600s which now form the backbone of
Embraer has inked a purchase agreement with Flexjet, one of the global leaders in private jet travel. The deal comprises a fleet of Embraer business jets, which includes the recently certified Praetor jets and the Phenom 300. Valued at up to US$ 1.4 billion, at current list prices, this deal was included in the 2019
Air Lease Corporation has signed long-term lease agreements with Delta Air Lines for two new Airbus A330-900neo aircraft. The first aircraft is scheduled to deliver to the airline in Fall 2020 and the second aircraft will deliver in early 2021 from ALC’s order book with Airbus. “These two incremental aircraft represent an opportunistic play to
Austria’s Ministry of the Interior (BMI) has formally introduced into service two Airbus H125 helicopters, equipped for law enforcement and rescue missions. The aircraft join BMI’s existing fleets of Airbus H135 and AS350 helicopters and will operate from Innsbruck and Salzburg on behalf of the Tyrolean Government in the Tyrol and other mountainous areas of
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
