Having taken a majority stake in the ailing Bombardier C Series last month, Airbus has revealed that the original Bombardier CS100 and CS300 have been respectively renamed the Airbus A220-100 and A220-300. The new name was announced on Tuesday this week at the Henri-Ziegler Delivery Centre in Toulouse, France with an A220-300 landing directly on
Lease Corporation International (LCI), the aviation division of the Libra Group, has delivered a third new Leonardo AW169 helicopter to Elitaliana S.r.l. (Elitaliana) in Italy, fully equipped for Emergency Medical Services (EMS) operations. The helicopter enters service with Elitaliana on a long term operating lease from LCI, and joins two other AW169s delivered by LCI
BOC Aviation has reported its operational transactions for the second quarter ended June 30, 2018. At the end of the second quarter BOC Aviation owned and managed a portfolio of 324 aircraft, with an average aircraft age of 3.0 years and an average remaining lease term of 8.3 years for owned aircraft fleet, weighted by
The world’s passenger fleet will more than double to 48,000 aircraft in 20 years with traffic growing at a resilient 4.4% per year, driving a need for 37,390 new passenger and freighter aircraft according to Airbus’ new Global Market Forecast 2018-2037. Growth drivers include private consumption increasing 2.4 times in emerging economies, higher disposable incomes
Avolon, the international aircraft leasing company, has delivered one Airbus A320neo aircraft to Air India. This is the 11 Avolon aircraft on lease to Air India.
Hi Fly, a European Airline specialized in widebody aircraft wet lease to other airlines and governments on a global basis, has received its first Airbus A380 on July 5. The arrival is a major event for the Company, making it the 4th European airline operating the model, the 14th global operator and the first leasing
Lease Corporation International (LCI), the aviation division of the Libra Group, has announced the long-term extension of the lease of one of its Boeing 747-400 freighters to ACT Airlines. The Boeing 747-400 is a proven and versatile cargo aircraft, and a popular part of LCI’s fleet in the current strong air cargo market. ACT Airlines,
Ethiopian Airlines has taken delivery of the first of 30 737 MAX jets for Africa’s largest and fastest-growing commercial airline. Ethiopian Airlines took delivery of its first Boeing 737 MAX 8. The flag carrier of Ethiopia has long operated the efficient and reliable Boeing 737 airplane. With the MAX, Ethiopian will be able to achieve
Plane manufacturer ATR (Aerei da Trasporto Regionale or Avions de Transport Régional), the equal-partnership joint venture between France’s Airbus and Italy’s Leonardo, based in Toulouse, France has announced its projections for the future demand of its turboprop commercial aircraft. At a value in excess of US$80 billion, the projected demand exceeds 3,000 new turboprop planes
Lease Corporation International (LCI), the aviation division of the Libra Group, has reported its first helicopter lease in China with the placement of three new Leonardo AW139 aircraft with Shanghai Kingwing Aviation Co. (Kingwing), each configured for Emergency Medical Services (EMS) operations. This latest announcement reinforces LCI’s long-held strategy of curating a balanced and diverse
