Avation, the commercial passenger aircraft leasing company, and ATR confirm Avation has entered into an options exercise to acquire a further eight new ATR 72-600 aircraft for scheduled deliveries between 2020 and 2022. Jeff Chatfield, Executive Chairman, commented: “This order for eight additional aircraft extends Avation’s order book and firm delivery horizon and continues the
The U.S. start-up airline code-named “Moxy” has signed a firm order with Airbus to purchase 60 A220-300 aircraft. Moxy is the new airline venture led by David Neeleman, one of the industry’s most innovative entrepreneurs and founder of JetBlue Airways. In addition to JetBlue, Neeleman also founded Azul Brazilian Airlines and is the controlling investor
Finnair has finalised a sale and leaseback arrangement for one of its A350 aircraft with Nomura Babcock & Brown, and BBAM Aircraft Management as an arranger and lease servicer. In the arrangement Finnair sold the Airbus A350 aircraft delivered in June 2016 to NBB and leased the aircraft back for its own operation. The initial
Air Tanzania has become the first African carrier to take delivery of the Airbus A220 aircraft, the newest addition to the Airbus family of commercial aircraft. Air Tanzania (The Wings of the Kilimanjaro) also becomes the latest member of Airbus aircraft operators. Representatives from the airline – as well as officials from the United Republic
Boeing and Lagos-based Green Africa Airways have announced a commitment for up to 100 737 MAX 8 aircraft, evenly split into 50 firm aircraft and 50 options, as the airline gears up to begin commercial operations. The total deal carries a list-price of US$11.7 billion, the largest aircraft agreement from Africa, and will be reflected
Kick-starting the modernisation of Ukraine’s helicopter fleet, Airbus Helicopters has delivered the first two H225s, out of an order for 21 aircraft, to the Ukrainian Ministry of Interior. One aircraft is destined for search and rescue missions and the other one will be operated by the National Guard for law enforcement missions. The H225 helicopters
The A319neo powered by CFM International LEAP-1A engines has achieved joint Type Certification from both the US FAA and European EASA airworthiness authorities. This means that now all three aircraft models – the A319neo, A320neo and A321neo – are certified by the international authorities to operate with the CFM LEAP-1A engine option. This latest achievement
Falko Regional Aircraft (Falko), a market leading aircraft operating leasing and asset management company focused on the regional aircraft sector, has reached an agreement with Avolon in relation to the acquisition of 49 regional jet aircraft (the portfolio). The Portfolio includes twenty-eight Embraer EJet and twenty-one Bombardier CRJ aircraft on lease to nine operators worldwide.
Air Transport Services Group has signed an agreement with Jetran to acquire twenty Boeing 767-300 extended-range passenger aircraft from Jetran over the next three years. The aircraft covered by this agreement are currently operated by American Airlines. They were manufactured between 1993 and 2003, and are powered by General Electric CF6-series engines. ATSG currently expects
Embraer and Republic Airways have signed a contract for a firm order of 100 E175 jets. This agreement was announced as a Letter of Intent (LoI) at the Farnborough Airshow, in July. The firm order has a value of US$4.69 billion, based on current list prices, and will be included in Embraer’s 2018 fourth-quarter backlog.
