Avianca CEO Hernan Rincon has announced that the Latin American carrier is looking to renegotiate the US$10 billion 2015 deal it had struck with European plane maker Airbus for 100 A320neos. Commenting on the forthcoming talks with Airbus, Rincon stated that: “Of those 100, we’ll probably receive between 50 and 80 planes,” adding: “We don’t
Avolon, the international aircraft leasing company, has placed 11 Boeing 737 Max 8 aircraft from its orderbook with Brazilian airline, GOL. Delivery of the aircraft will commence in the second half of 2019. Felipe Campos, Avolon Head of Latin America, commented: “We are delighted to support GOL as they work creatively to accelerate their fleet
AELS (Aircraft Endof-Life Solutions) has bought two Boeing 737-700 aircraft (MSN 35135 and 35136, Reg. D-AHXE and D-AHXF) without engines. The aircraft were remarketed by Skytech-AIC on behalf of TUI, the seller. The aircraft, only 11 years old, arrived on November 30th and December 1st at Twente Airport. These are the first two 737NGs acquired
PT Wings Abadi, operating as Wings Air and a subsidiary of Lion Air Group, has taken delivery of its fourth new ATR 72-600 aircraft leased from TrueNoord, the specialist regional aircraft lessor. This is the culmination of a deal that has already seen TrueNoord integrate three aircraft into the Wings Air fleet in August, October
Boeing Business Jets is launching the BBJ 777X, a new Boeing Business Jet model that can fly more than half way around the world without stopping. “Our most exclusive customers want to travel with the best space and comfort and fly directly to their destination. The new BBJ 777X will be able to do this
Avolon, the international aircraft leasing company, has announced an order for 100 Airbus A320neo family aircraft valued at US$11.5 billion at current list prices. Dómhnal Slattery, Avolon CEO, commented: “Our order for 100 A320neo family aircraft builds on our leading industry position and reflects our ambition to become the global leader in the sector. We
Air Transport Services Group (ATSG) has delivered seven leased freighters by its Cargo Aircraft Management and ATSG West Leasing subsidiaries during the fourth quarter of 2018, pointing to continued strong demand for its converted Boeing 767 freighter aircraft. Amerijet International Airlines of Miami, Florida, took delivery of a Boeing 767-300 converted freighter. CAM now leases
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CDB Leasing), has begun delivery of a fleet of six Airbus aircraft to Portugal’s leading airline, TAP Air Portugal (TAP). The first aircraft delivered to the carrier in November is a new Airbus A321neo, which is part of a lease agreement
Pratt & Whitney Canada has received approval from Transport Canada to increase cycle limits on its PT6A-140, -140A and -140AG engines. These increases, made possible through comprehensive parts testing and model analyses, will extend the life of Low Cycle Fatigue (LCF) parts such as the power and compressor turbine disks and the impeller. “We are
Vallair, the aircraft trading, leasing and specialist MRO organisation has purchased four CFM56-5A engines from the French flag carrier Air France. The engines will be torn down at Vallair’s engine facility in Chateauroux, France. Vallair recently added to its capabilities by setting up a fully-equipped, multi-bay engine strip and ‘hospital’ workscope operation to support its
