On behalf of AeroCentury Corp, Skyworld Aviation has sold one Dash 8 Q400 to Magellan Aviation Services. Skyworld was exclusively mandated to market serial number 4021 after its return from lease with LAM Mozambique. This sale comes after the placement of its sister ship, serial number 4019, to Voyageur AvParts.
MTU Aero Engines’ technology is in each and every geared turbofan (GTF) engine produced for the Airbus A320neo. Its Polish subsidiary, MTU Aero Engines Polska, started to assemble the first low-pressure turbine for the geared turbofan model PW1100G-JM about three and a half years ago. At the end of the year 2018, the MTU site
BOC Aviation has reported its operational update for the fourth quarter and year ended 31 December 2018. Commenting on the operating results, Robert Martin, Managing Director and Chief Executive Officer, said “BOC Aviation celebrated its 25th year anniversary in 2018, which was another year of strong operational performance. We took delivery of 55 aircraft, including
Regional aircraft leasing specialist TrueNoord has acquired two Embraer E195s on lease to Azul Linhas Aéreas Brasileiras S.A. Financing was provided under TrueNoord’s recent term loan warehouse facility supported by Morgan Stanley, NORD/LB Norddeutsche Landesbank and Barclays. Legal services were provided by Hogan Lovells and Stek. The aircraft were purchased with leases attached from CCB
Vallair, the mature aircraft and engine asset specialist, has closed the sale of a V2500-A5 engine to Sojitz Aerospace. The engine was previously flying on MSN974, an Airbus A321 which Vallair purchased from Aercap and leased to Onur Air. The run-out engine will now be dismantled for Sojitz Aerospace. Vallair continue to lease the airframe
Nordic Aviation Capital (NAC) has committed to lease four Embraer E190’s to Helvetic Airways, the first of which is due to deliver in February 2019. NAC are delighted to welcome Helvetic Airways as a new customer. “We are very proud to welcome Helvetic Airways as our newest customer,” said Martin Møller, Chairman of Nordic Aviation
GOAL German Operating Aircraft Leasing GmbH & Co. KG (GOAL) has arranged, through Irish leasing companies, purchase and lease transactions for three Airbus A321neo aircraft with InterGlobe Aviation Limited (IndiGo). The first aircraft delivery took place on 28th December 2018 and the other two aircraft are scheduled for beginning of 2019. The A321neo is the
Boeing has unveiled its latest model of the Transonic Truss-Braced Wing (TTBW) concept which has been designed to offer unprecedented aerodynamic efficiency while flying at a speed of Mach 0.8. The previous model had been designed to fly at speeds between Mach 0.7 and 0.75. This improvement has come through the presence of a truss
Delta Air Lines has ordered 15 additional A220 aircraft, bringing to 90 the total number of the new generation, highly fuel-efficient jetliners the world’s second-largest airline has on order. The additional orders are the airline’s first for the -300 model. Delta also converted earlier A220 orders to the larger -300, bringing to 50 the number
The first application of the Safran Hybrid-Electric Propulsion System (HEPS), the Bell Nexus, is officially unveiled at the Consumer Electronics Show (CES) in Las Vegas. The propulsion solution of this multi-rotor vertical take-off and landing (VTOL) aircraft is capable of producing more than 600 kWe power. During ground tests last June the system produced 100
