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
Air Lease Corporation (ALC) has signed a long-term lease agreement for two new Airbus A321neo aircraft with Air Macau. Featuring Pratt & Whitney PW1133G engines, the aircraft will deliver from ALC’s order book with Airbus in November 2019 and the first quarter of 2020. “ALC has worked closely with Air Macau’s management team since 2010
Embraer has signed a firm contract for three E190 aircraft with Nordic Aviation Capital (NAC), a global leader in regional aircraft leasing. This agreement was announced as a Letter of Intent (LoI) in July at the 2018 Farnborough Air Show. The firm order has a value of US$156 million, based on Embraer’s list prices, and
Nordic Aviation Capital (NAC) has committed to lease two Embraer E195 and one Embraer E175 to Air Burkina, the first of which was delivered in November 2018 to a delegation of the airline led by Transport Minister Vincent Dabilgou and CEO Blaise Sanou. The remaining E195 and the E175 are planned to join Air Burkina’s
Fly Leasing (FLY) has contracted to sell 12 narrowbody aircraft from its portfolio. The 12 aircraft have a weighted average age of 10.6 years and an average remaining lease term of 3.2 years. FLY anticipates the sales will generate in excess of US$125 million of cash after repaying debt and satisfying other transaction-related expenses. It
Air Lease Corporation has delivered one new Boeing 737 MAX 8 aircraft, featuring CFM International LEAP-1B27 engines, on long-term lease to Cayman Airways (KX). This Boeing 737 MAX 8 is the first of four 737 MAX 8 aircraft confirmed to deliver to Cayman Airways through 2020 from ALC’s order book with Boeing. With this new
The first new generation Embraer E190-E2 for Air Astana arrived at Nursultan Nazarbayev International Airport in Astana on December 3, following ferry flights from the manufacturer’s factory in São José dos Campos, Brazil. This is the first of five Embraer E2 aircraft scheduled to be delivered to Air Astana, following an order originally placed in
Ilmor Engineering has improved the power density of a General Aviation diesel engine by applying technologies and design solutions honed in Motorsport to successfully deliver an EU Clean Sky 2 (CS2) programme, funded by the Horizon 2020 research and innovation project aimed at reducing CO2, gas emissions and noise pollution. Northampton, UK based Ilmor Engineering
