Pratt & Whitney’s Singapore engine center, Eagle Services Asia (ESA), a member in the global network of maintenance, repair and overhaul (MRO) facilities that service Pratt & Whitney’s GTF engines, has inducted its first PW1100G-JM engine for overhaul. Eagle Services Asia is a joint venture between SIA Engineering Company and Pratt & Whitney. “The Singapore
ATR and Aurigny have confirmed the acquisition of three ATR 72-600 aircraft, following approval from the States of Guernsey and after the initial signature of a Letter of Intention at the Farnborough Airshow, in July 2018. The first aircraft will be delivered in August 2019 and all three will be equipped with the new ClearVision™
Air Lease Corporation has announced an update on activity taking place in the fourth quarter of 2018: As of December 31, 2018, ALC’s fleet was comprised of 275 owned aircraft and 61 managed aircraft, with commitments to acquire a total of 372 new aircraft for delivery through 2024. ALC has delivered 12 new aircraft including
AerCap Holdings N.V. has announced its major business transactions during the fourth quarter and the full year 2018. AirCap has signed lease agreements for 257 aircraft and purchased 76 aircraft during 2018. The company has executed sale transactions for 103 aircraft and has signed financing transactions for US$6.9 billion. During the fourth quarter 2018 AerCap
Rolls-Royce has announced Avolon as a new customer for LifeKey, its pioneering asset management offering, available exclusively to its LessorCare customers. LifeKey is a central component of LessorCare, which was launched a year ago offering a single, comprehensive agreement for all Trent engine types. LessorCare provides faster and easier access to lessor services, offers the
JetBlue Airways has firmed up an order for 60 A220-300 aircraft, the larger model of the new A220 series. “As we approach our 20th anniversary, the impressive range and economics of the highly efficient A220, combined with the outstanding performance of our existing fleet of Airbus A321 and restyled A320 aircraft, will help ensure we
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
