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
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
