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
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
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
Independent aircraft leasing company AeroCentury has announced the purchase of two Bombardier Dash 8-Q400 aircraft on lease to Croatia Airlines from two special purpose companies managed by GOAL German Operating Aircraft Leasing GmbH & Co. KG (GOAL). Croatia Airlines is the government-owned flag carrier of the Republic of Croatia. It is headquartered and has its
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
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
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
The Supervisory Board of Deutsche Lufthansa AG has approved the order of up to 16 additional aircraft in a meeting on May 7. The list price of the aircraft is approximately €2.1bn. Delivery is scheduled to take place in stages until 2022. The investment plan for the 2018 fiscal year remains unchanged. The order includes
AviaAM Leasing, WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales, has delivered two Airbus A321-211 to ACMI operator Avion Express. Aircraft were delivered to the client at Kaunas, Lithuania on May 6 and May 7, respectively. Both aircraft are joining Avion Express’s fleet under a 6 year operating lease
Bombardier Commercial Aircraft has signed a firm purchase agreement for six new Q400 aircraft with African Aero Trading on behalf of the consortium forming Air Connection Express, Transportes Aereos S.A, based in Luanda, Republic of Angola. The airline will operate the Q400 domestically to connect smaller communities and increase frequencies as a regional feeder airline
