Avolon, the international aircraft leasing company, has placed five Airbus A320neo aircraft with Cebu Air, operating as Cebu Pacific (CEB). Upon placement, Avolon will have eight aircraft on lease to Cebu Air, comprising five A320neo aircraft and three A330 aircraft. Deliveries of the A320neo will commence in H1 2019 and will be completed within the
Boeing and Jeju Air celebrated the delivery of the airline’s first direct-buy Next-Generation 737-800 airplane on July 24, during a ceremony at the Seattle Delivery Center. With this delivery Jeju Air will become the first low-cost carrier (LCC) in Korea to own and operate a Next-Generation 737-800. This delivery marks the first of three Next-Generation
SkyWorks Holdings has reported transactions and activities performed during the second quarter 2018 for its Asset Management, Investment Banking, & Management Consulting Groups. Asset Management Services, provided through SkyWorks Leasing, included transactions for nine aircraft and additional services as follows: On behalf of a U.S. investment fund, SkyWorks arranged the sale of six E175s on
Falko, a market leading aircraft operating leasing and asset management company focused on the regional aircraft sector, has completed the purchase of two ATR 72-500 aircraft from existing portfolio customer Air Austral. The aircraft, MSNs 650 and 813 have been immediately leased back to Air Austral in a sale and leaseback transaction.
Less than 24 hours after the presentation of the Airbus A380 to the industry and the start of related marketing activities, Hi Fly agreed the first wet lease contract for the A380 with an undisclosed well established European Carrier. The aircraft will be flying long haul sectors during summer period with possible extension. The market
The Rolls-Royce Trent 7000, which powers Airbus’s latest aircraft, the A330neo, has received its ‘ticket to fly’ from the European Aviation Safety Agency (EASA), with the first production engines also delivered to the Airbus facility in Toulouse, France. The Trent 7000 is the fourth Rolls-Royce engine to receive formal certification in just 12 months, following
The Gulfstream G500 received both its type certification and production certificate from the U.S. Federal Aviation Administration (FAA). These certifications pave the way for the first completed G500 delivery to a customer as planned later this year. The FAA type certification verifies the airworthiness of the aircraft’s design, while the production certificate confirms that the
Bombardier Commercial Aircraft announced today that it has signed a firm order for four new CRJ900 regional jets with Uganda National Airlines Company. Based on the list price for the CRJ900 aircraft, the firm order is valued at approximately US$190 million. Uganda Airlines will operate the CRJ900 in dual-class configuration with 76 seats, including 12
During the second quarter of 2018, Embraer has delivered 28 jets to the commercial aviation market and 20 business jets, being 15 light jets and 5 large jets. On June 30, Embraer’s firm order backlog totaled US$17.4 billion. In 2Q18, Embraer celebrated a major milestone when Norway’s Widerøe took delivery of the first production E190-E2
Cusco Aviation, an Aircraft Leasing and Trading company based in the San Francisco Bay Area, has successfully completed the purchase of one RB211-535 engine. Manuel E. Cordero, the company’s President and CEO commented on this transaction “The Cusco Aviation team is proud to complete another Engine transaction, which adds to its expansion plans and transaction
