Dubai Aerospace Enterprise (DAE) is continuing to make strong progress in building its managed aircraft portfolio. In 2018 DAE concluded transactions adding 19 aircraft to the portfolio valued at over US$500 million, taking DAE’s total managed fleet to 54 aircraft. DAE is growing its managed portfolio both through sales of assets targeted for divestment and
GA Telesis (GAT) has completed the acquisition of two Embraer E170 aircraft, which are subject to multi-year leases with Republic Airline, last month, which increases its total fleet with Republic to eight aircraft. “Republic Airline has been a great airline partner for GA Telesis, and we are very pleased to increase our exposure to such
Boeing has delivered the first of ten 787 Dreamliners to WestJet, marking the start of the airline’s global expansion. Having long operated a fleet of Boeing single-aisle jets, WestJet will use the super-efficient, long-range 787-9 Dreamliner to profitably serve new international routes. This spring, WestJet will use the 787-9 – the longest-range Dreamliner that can
Austrian Airlines has managed the turnaround after a tough restructuring period and now operates profitably. The airline is also headed towards positive operating earnings in 2018 following strong passenger growth of more than one million customers, comprising a year-on-year rise of 8.5%. The solid demand by passengers and increasing competition in Vienna has led the
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), has reported a record year for 2018, in which the company executed transactions involving 107 aircraft, rapidly accelerating business to support the continued growth of its leasing platform. During 2018 the company signed lease transactions for 62 aircraft
AJW Group has purchased a Boeing 777-200 LR airframe for teardown, installed with GE90 110/115 engines. The aircraft was delivered on January 12. The Boeing 777-200LR airframe is compatible with both 777-300ER and B777F aircraft, of which there are just under 1000 in service (976 in service as of 06/09/2018) . All components will be
Boeing and United Airlines have confirmed that the carrier ordered 24 additional 737 MAX jets and four more 777-300ER (Extended Range) airplanes last year. The US$4.5 billion order, according to list prices, was booked as unidentified on Boeing’s Orders & Deliveries website. The Chicago-based airline has steadily placed new orders for the two Boeing jets
Acropolis Aviation, the UK VVIP charter operator, has accepted the first Airbus ACJ320neo on January 16th, at Airbus’ Toulouse, France, headquarter. Powered by CFM LEAP-1A engines, the aircraft flies on to Basle, Switzerland where cabin outfitting will immediately commence by AMAC Aerospace. Its new Alberto Pinto cabin interior, which meets Acropolis‘s unique specification, will be
Willis Lease Finance Corporation has closed a sale and leaseback transaction on ten Airbus A319 aircraft with easyJet. The aircraft are powered by CFM56-5B engines. The deal combines elements from across the Willis Platform, including leasing, trading, and asset management businesses, to provide a tailored solution designed to support easyJet in the fleet management of
AerCap Holdings N.V. has delivered one new Boeing 787-9 Dreamliner on long-term lease to EL AL. This is the first of four new 787-9 aircraft to deliver to EL AL from AerCap’s order book with Boeing. The remaining three aircraft will deliver through 2019. Aengus Kelly, CEO of AerCap said, “The delivery of our first
