Airbus has announced multiple contracts on the first day of this year’s Farnborough Air Show. Airbus has announced the signature of a Memorandum of Understanding with a leading global lessor for 80 A320neo Family aircraft. The agreement was completed during the Farnborough Airshow. Engine selection will be made at a later date. An affiliate of
Embraer and United Airlines have signed a firm order for 25 E175 jets in a 70-seat configuration at the Farnborough Air Show. The contract has a value of US$ 1.1 billion, based on current list prices, and will be included in Embraer’s 2018 third-quarter backlog. Deliveries will begin in the second quarter of 2019. Since
Yunnan Hongtu Airlines and CFM International have signed an agreement for the purchase of CFM56-5B engines to power three Airbus A320ceo aircraft. In addition, the airline signed a 12-year Rate Per Flight Hour Agreement (RPFH) to support 24 LEAP-1A engines that will power its leased A320neo fleet. Under the RPFH, CFM will provide maintenance support
Following the Intergovernmental Agreement signed between France and Ukraine on June 8, Airbus Helicopters has signed a contract with the Ukrainian Ministry of Interior for the purchase of 55 civil helicopters destined for search and rescue (SAR), public services, and emergency medical service (EMS) missions in the country. The 55 aircraft include 21 repurposed H225s,
Guernsey based airline Aurigny and turboprop manufacturer ATR have announced the signature of a Letter of Intent for the purchase of three ATR 72-600s, subject to the approval of the States of Guernsey. These three aircraft are expected to replace the current three ATR 72-500s operated by the airline. These new ATR -600s will feature
With an industrial backlog of engines and services contracts at US$200 billion, GE Aviation enters this year’s Farnborough Airshow in England focused on its growing commitments to a vibrant aviation industry. At the show, GE Aviation and its engine partner companies will add to its backlog of more than 15,000 orders and commitments for commercial
African airline Air Botswana has signed a firm order for two ATR 72-600s. Having operated ATR -500 series aircraft since 1996, the Botswanan national flag carrier has been an ATR operator for more than 20 years and will now upgrade and restructure its fleet with the addition of the latest generation turboprop aircraft. The aircraft
Following the delivery last week of Okay Airways’ first leased Boeing 737 MAX 8, GECAS signed another contract with Okay Airways for the purchase-and-leaseback with pre-delivery payment financing of two Boeing 737 MAX 8s. The aircraft, fitted with CFM LEAP-1B engines, are scheduled for delivery in July and September 2019. Established in 2004, Okay Airways
Embraer forecasts demand for 10,550 new aircraft with up to 150 seats worldwide, worth US$ 600 billion, over the next 20 years. The in-service fleet is set to increase to 16,000 aircraft, up from the 9,000 aircraft currently in operation. Market growth will drive 65% of this demand, while the remaining 35% will replace ageing
At the Farnborough International Airshow, DHL Express announced an order for 14 Boeing 777 Freighters, which also includes options and purchase rights for 7 additional aircraft. The delivery of the first four planes is expected to be completed in 2019. Overall, these 14 intercontinental plane replacements are capacity neutral, but operational wise with significant cost,
