Qatar Airways and GE Aviation have signed multiple agreements for GE engines. As part of the agreements, Qatar Airways selected the GEnx engine to power its 30 new Boeing 787-9 aircraft along with a TrueChoiceTM Flight Hour agreement to cover the maintenance, repair and overhaul (MRO) of the engines. Qatar Airways also signed a TrueChoiceTM
Boeing and Qatar Airways have finalized an order for five Boeing 777 Freighters on July 9. The order, worth $1.8 billion at current list prices was previously announced as a commitment at the Paris Air Show in June. Qatar Airways has rapidly grown its air cargo operations to serve more than 60 global destinations, becoming
Helvetic Airways has sold its fleet of Fokker 100 aircraft and the entirety of Helvetic’s spare engines, spare parts and tooling to Alliance Aviation Services Limited, of Australia. The five aircraft will support the current Alliance fleet of 44 Fokker aircraft. Helvetic Airways currently operates a standardized fleet of eleven Embraer E190-E1 aircraft. From this
AerCap Holdings N.V. has published its major business transactions during the second quarter 2019: AerCap has signed lease agreements for 48 aircraft, including 4 widebody aircraft and 44 narrowbody aircraft and has purchased 11 aircraft, including 6 Airbus A320neo Family aircraft, 4 Boeing 787-9s and 1 Embraer E2. AerCap has executed sale transactions for 23
Bombardier has secured the first order for a Global 5500 aircraft to be operated from the West Coast of the United States. This transaction is valued at US$46 million, according to current list prices. “The Global5500 aircraft offers the ultimate in performance, comfort, reliability and signature smooth ride,” said Peter Likoray, Senior Vice President, Worldwide
SkyWorks Holdings has released transactions and activities performed during the second quarter of 2019 for its Leasing & Asset Management Group. SkyWorks arranged the sale of two ex-China Eastern Airlines A330-300s (s/n 777 and 781) on behalf of Bellinger Asset Management as well as lease extensions for three A320s on-lease to American Airlines on behalf
Azores Airlines has taken delivery of its first of three A321LRs to be leased from Air Lease Corporation (ALC), becoming the latest operator of the long-range single-aisle aircraft. Powered by CFM International’s LEAP-1A engines, the Azores Airlines’ A321LR comprises 190 seats in a two-class configuration (16 Business class seats and 174 seats in Economy) offering
Skyworld Aviation has announced the sale of an ERJ 145 to BAE Systems (Corporate Air Travel). The aircraft, serial number 145588, was originally delivered new to Swiss and then went on to operate with AeroMexico Connect for 11 years. The aircraft was later parked and sold to a third party aircraft owner, based in the
At the end of the second quarter of 2019, Avolon, the international aircraft leasing company, owned and managed a fleet of 530 aircraft, with total orders and commitments for 393 new technology aircraft. Avolon has executed a total of 24 lease transactions in the quarter comprising new aircraft leases, follow-on leases and lease extensions. The
Following its successful debut at the 53rd International Paris Air Show, Embraer’s newest Profit Hunter – the E195-E2 showcasing a stunning “TechLion” livery that covers the entire aircraft’s fuselage – will now begin its global demo tour. The first stop has been Xiamen, China, on July 8th, followed by several stops within China and Asia
