CDB Aviation Lease Finance DAC (CDB Aviation), a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), have signed a lease agreement for three new Airbus A320-200neo aircraft with Vietnam’s new start-up carrier, Bamboo Airways. CDB Aviation is the first aircraft leasing company to lease new aircraft to the carrier. The agreement
GA Telesis (GAT) has completed a purchase and leaseback transaction of three aircraft and two spare engines with Aircalin, the international flag carrier of New Caledonia. GAT completed the acquisition of two Airbus A330-200, one A320-200 aircraft and two spare engines (one CF6-80E1 and one V2527) from Aircalin. Simultaneous with the purchase, the aircraft and
Airbus has welcomed Delta Air Lines as the first U.S. carrier to take delivery of the Airbus A220 aircraft. On hand for the delivery ceremony at the aircraft’s assembly line in Mirabel were members of the A220 team as well as government officials and executives from Delta, Airbus, Bombardier and Investissement Quebec. “It is with
Airbus Helicopters is expanding its presence in the North American emergency medical services (EMS) market with the sale of six helicopters for two customers at the 2018 Air Medical Transport Conference, which took place in Phoenix, AZ from October 22-24. REACH Air Medical Services will add three H125s and two H130s to its current fleet.
AeroCentury, an independent aircraft leasing company, has completed several aircraft sales transactions. AeroCentury recently sold one DHC8-400 MSN 4019 to Voyageur Avparts, Inc. as well as a Saab 340B MSN 321 to Worthington Aviation, LLC. In addition, AeroCentury recently sold two Fokker 50s MSN 20177 and 20122 and one DHC8-300 MSN 404 to Silverstone Air
Having been subjected to the slow delivery of engines for the previous two years, Airbus is now struggling to deal with their rapid arrival. According to Reuters, internal snags have further added to the delays, which means the plane manufacturer is also finding it difficult to meet its target of delivering 76 single-aisle jets per
GECAS has signed a lease contract for seven A320neos to enter service with Vistara, the India based full-service carrier and joint venture of Tata Sons and Singapore Airlines, following deliveries from Airbus in the latter part of 2019 and continuing into 2020. Commencing operations in January 2015 as one of India’s premier operators, Vistara, with
Vallair, the aircraft trading, leasing and specialist MRO organisation, has completed a long-term lease agreement with SpiceJet of India for a Boeing 737NG. The aircraft (MSN36118) was previously operated by TUI and was purchased from GEXX. The aircraft is one of a number of Boeing aircraft that Vallair has recently purchased for ultimate cargo conversion.
In a federal court in Seattle, Washington on October 19, Bombardier, the Canadian plane maker, filed a lawsuit against Mitsubishi Aircraft Corporation (the aircraft arm of Mitsubishi Heavy Industries), Seattle-based Aerospace Testing Engineering & Certification Inc (AeroTEC) and several former Bombardier employees. AeroTEC is currently aiding Mitsubishi Aircraft obtain 90-passenger jet certification by regulatory bodies.
Israel Aerospace Industries (IAI) in partnership with Airbus DS Airborne Solutions, a subsidiary of Airbus DS, have successfully completed 200 flight hours with the maritime Heron Remotely Piloted Aircraft Systems as part of marine patrol and coastal guard missions on Crete, Greece. The Heron flew in European civilian airspace under a civilian code. Flying for
