Bombardier has concluded a firm purchase agreement for two new Q400 turboprops with Nordic Aviation Capital (NAC) in September 2017. NAC will lease these two Q400 aircraft to Jambojet, based in Nairobi, Kenya. With the addition of these aircraft, NAC has increased its Q400 portfolio to 87 aircraft. Jambojet will now operate three Q400 aircraft
Falcon Aviation and Airbus Helicopters have signed a new MoU at the Dubai airshow expanding their commitment to the H160 adding three additional helicopters to the original Letter Of Intent (LOI) signed in May 2016. The H160, with three prototypes now in flight testing, is currently preparing certification and entry into service in 2019. The
Dublin based CDB Aviation Lease Finance DAC (CDB Aviation) has signed a firm order for 90 A320neo Family aircraft during the Dubai Airshow 2017. The agreement was reached in two steps: an original purchase agreement signed in 2014 for 45 A320neo Family aircraft, which remained undisclosed to date, and the firming up of the Memorandum
Boeing and flydubai have signed a landmark agreement for 225 737 MAX airplanes with a list price value of US$27bn. The deal represents the largest-ever single-aisle jet order – by number of airplanes and total value – from a Middle East carrier. Signed at the 2017 Dubai Airshow in flydubai’s hometown, the agreement includes a
Airbus and Indigo Partners’ four portfolio airlines have signed a Memorandum of Understanding for the purchase by the four airlines of 430 additional A320neo Family aircraft. The aircraft will be allocated among the ultra low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary) upon the completion of final purchase agreements
Morten Beyer & Agnew (mba) was retained by Spirit Airlines to provide aircraft appraisals for a proposed Enhanced Equipment Trust Certificate (EETC) issuance under SAVE 2017-1. The portfolio consists of seven Airbus A320-200 aircraft and five A321-200 aircraft with deliveries occurring between December 2017 and October 2018.
Essex Aviation Group have successfully completed the acquisition of a pre-owned Gulfstream G650 for a private client in New York. Essex was retained by the client’s recently formed family office to provide on-going consultation services as well as for the acquisition of the G650 aircraft. Essex advised the client based on their desire to support
Bombardier has signed a letter of intent (LOI) for up to 24 CS300 aircraft with EgyptAir Holding Company, of Cairo. This includes 12 CS300 aircraft with purchase rights for an additional 12 aircraft. Based on the list price of the CS300 airliner, a firm-order contract would be valued at approximately US$1.1bn.
Ethiopian Airlines has ordered eight GE90-115B engines to power its four Boeing 777 Freighters. The engines will be added to an existing 12-year TrueChoice Flight Hour agreement for the maintenance, repair and overhaul of Ethiopian Airlines’ GE90 engine fleet. The engine order and expanded services agreement are valued at more than US$450m list price and
Golden Falcon Aviation, the exclusive aircraft provider of Wataniya Airways has signed a Memorandum of Understanding (MoU) for 25 Airbus A320neo Family aircraft. The agreement was signed at the Dubai Airshow 2017. Wataniya Airways resumed operations in July 2017 and currently operates a fleet of two A320ceo aircraft serving several destinations in the Middle East
