In line with the visit of Crown Prince HRH Mohammed bin Salman to Paris, flynas the national carrier and one of the leading low-cost airlines in the Middle East, has signed an agreement with CFM International to acquire LEAP-1A engines. With a list price worth US$6.3bn (SAR 23.6bn), flynas’ agreement with one of the world’s
Only a few days after American Airlines announced that it has canceled its order for 22 Airbus A350s, Sweden’s flag-carrying airline Scandinavian Airlines (SAS) has announced it intends to buy or lease a total of 50 Airbus A320neos, with an option for a further five. The purchase is part of a transition by SAS to
Air Transport Services Group has announced the delivery by its ATSG West Leasing Limited subsidiary, of one Boeing 767-300 converted freighter under a six-year dry lease with Air Incheon of South Korea. Air Incheon has agreed to lease a second 767-300 freighter when the aircraft completes modification in the second half of 2018. ATSG and
Ireland-based Elix Aviation Capital (Elix) has concluded a sale and lease-back transaction with Ethiopian Airlines Group including two new Bombardier Q400 aircraft. The first of these two aircraft, MSN 4578, was purchased on April 6th, 2018 and immediately delivered to Ethiopian from Bombardier’s facility in Toronto, Canada. The second aircraft in the transaction will be
London Southend Airport, UK based Jota Aviation has taken delivery of the first of four 146-300 QT pure Freighter aircraft in a multi-million dollar deal which is set to substantially increase its market share and position the company as a market leader in the cargo charter sector. The first aircraft (registered G-JOTE) will enter service
The Civil Aviation Administration of China issued the Validated Type Certificate (VTC) for CFM International’s LEAP-1A engine on March 30, 2018, a critical milestone that paves the way for the Airbus A320neo validated type certification and enabling aircraft operations in China. The document signed by the CAAC validates the original European Aviation Safety Administration (EASA)
Airstream International Group has successfully sourced an A320-233 from Aercap for operation by Danish Air Transport. The aircraft MSN 839 (PK-GLD), currently in operation with Garuda Citilink, will undergo maintenance before entering service with the airline in May 2018. Airstream provides aircraft sales, leasing and financing services for an international client base that has included
AerCap has announced its major business transactions during the first quarter 2018. The Company signed lease agreements for 83 aircraft, including 15 widebody aircraft and 68 narrowbody aircraft. AerCap purchased 7 aircraft, including 2 Airbus A320neo Family aircraft, 2 Airbus A350s and 3 Boeing 787-9s and executed sale transactions for 24 aircraft, including 11 Airbus
SkyQuest International has reported aircraft sales for the first quarter of 2018. The company sold three Cessna 208s, including one 208 Caravan (Serial Number 208-00158) sold on behalf of Aberdair Aviation (Kenya) to Randigo, LLC (USA), one 208 Caravan (Serial Number 208-00422) purchased from Verona Aviation (USA) on behalf of R&r Airwork GmbH (Germany), one
American Airlines will more than double its 787 Dreamliner fleet with a new order for 47 of the super-efficient airplane plus 28 options. This new order of 47 787s makes American Airlines the largest 787 customer in the Western Hemisphere. American originally ordered 42 787 Dreamliners and has been using the airplanes to open new
