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Aircraft & Engines

ACJ320neo Family enters production

Manufacture of the first ACJ320neo has begun, with elements taking shape across Europe and final assembly due to begin in June, followed by the first delivery of the “green” aircraft to Acropolis Aviation of the UK in the last quarter of this year. A second ACJ320neo will follow by year-end. Deliveries of the first ACJ319neo,

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NAC acquires all of the aircraft assets owned by Aldus Aviation Fund

Nordic Aviation Capital (NAC) has acquired all of the aircraft assets owned by Aldus Aviation Fund (AAF). Since 2016, NAC has managed 29 E-jets owned by AAF which are currently on lease to 9 airlines including HOP!, Flybe and Royal Air Maroc. NAC took ownership of the aircraft assets through the acquisition of all E-notes

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BOC Aviation delivers first Boeing 737 MAX 8 aircraft

BOC Aviation has delivered its first Boeing 737 MAX 8 aircraft to its newest customer, Corendon Airlines, based in Turkey. The aircraft is the first delivery of the Company’s 737 MAX family aircraft. “This delivery represents a number of significant milestones for us, with the aircraft being the first addition of the Boeing 737 MAX

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Doric acquires Dreamliner

Doric has acquired a new Boeing 787-9 – a Dreamliner – for Shinhan Aviation MSN 62742 Limited in a sale and lease-back transaction. The aircraft is leased to the TUI Group for a term of 12 years. The purchase of the aircraft was financed by long-term bank debt and the issuance of notes. Commerzbank, HSBC

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Launch operator A330neo completes maiden flight

The first A330neo for launch operator TAP Air Portugal – MSN1819 – has completed its 4:32 hours maiden flight. The aircraft now joins the fleet of two A330-900 test aircraft already performing flight tests since October 19, 2017. MSN1819 is the first aircraft fitted with the Airspace cabin by Airbus. It is equipped with light

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Boeing, Airbus Lose Out on US$40bn as Iran Export Licenses Revoked

The immediate repercussions of President Trumps decision to pull out of the nuclear accord with Iran will see export licenses for Boeing and Airbus revoked according to Steve Mnuchin, U.S. Treasury secretary. While based in Toulouse, France, Airbus is directly affected as over ten percent of its planes’ parts are manufactured in the U.S. by

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Embraer X unveils first eVTOL concept

Embraer X, an Embraer organization dedicated to developing disruptive businesses, has unveiled its first electrical Vertical Take-Off and Landing (eVTOL) aircraft concept. The unveiling was made during Uber Elevate 2018, in Los Angeles, California. Embraer X is engaged in several projects, including the development of eVTOL concepts through a cooperation with Uber and other companies

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