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
This year’s Farnborough International Airshow proved a major success for MTU Aero Engines. Germany’s leading engine manufacturer secured orders worth around €800 million (according to list price), in particular with orders and memorandums of understanding (MoUs) for the PW1000G- geared turbofan (GTF) engine family for single-aisle aircraft. It powers the Airbus aircraft A220 (formerly C
CFM International, a 50/50 joint company between GE and Safran Aircraft Engines, has received orders and commitments for just over 858 LEAP and CFM56 engines at the 2018 Farnborough Airshow, in addition to long-term services agreements, at a total value of US$15.7 billion list price. • Hongtu Airlines CFM56-5B engines & RPFH $408 million •
Airbus has announced strong commercial aircraft business during the Farnborough Airshow 2018, with successes across its broad product portfolio – including the new A220 and A330neo families. Airbus came into the show already with 177 Single Aisle and 84 Widebody orders in 2018, complemented by a pre-show order for 60 A220-300s, the latter bringing the
