CFM International will achieve record production levels in 2017, with a planned rate of 1,800, to 1,900 engines by year end. At the same time, the company has logged near-record orders, with a total of 2,944 engines booked through October. “It has been quite a year for CFM, and we’re not done yet,” said Gaël
BOC Aviation has signed a purchase-and-leaseback agreement with Qatar Airways for three Boeing 777-300ER aircraft, currently in operation with the airline.
Gulf Air and Honeywell have signed an agreement for the airline to purchase Honeywell auxiliary power units for its new fleet of 29 Airbus A320neo aircraft. Under the agreement, Honeywell will also provide maintenance, repair and overhaul services to help Gulf Air achieve greater cost predictability for future maintenance while reducing expenses when unexpected servicing
ICBC Financial Leasing, a subsidiary of Industrial and Commercial Bank of China (ICBC), and CFM International have signed and agreement for the purchase of 80 LEAP-1B engines to power 40 Boeing 737 MAX aircraft. ICBC Leasing is scheduled to begin taking delivery in 2018.
Vietnam Airlines has selected the P&W PurePower Geared Turbofan (GTF) engine to power 20 A321neo Airbus aircraft. The deal, which is valued at US$1.5bn at list prices, includes a 12-year EngineWise Fleet Management Program. VietJet Air is another Vietnamese airline to choose the PurePower Geared Turbofan (GTF) engine to power an order of 10 new
Gulf Air and CFM International have signed an agreement for the purchase of 58 LEAP-1A engines to power 17 Airbus A321neo and 12 A320neo aircraft, as well as an additional seven spare engines to support fleet operations. The engine order is valued at approximately US$1.9bn at list price, including a long-term service agreement. The aircraft
On the opening day of this year’s Dubai Airshow, Falcon Aviation confirmed an order for three additional new Leonardo AW169 helicopters, in readiness to start a significant new offshore contract from early 2018. The new aircraft will bolster Falcon Aviation’s fleet of the type to five. As a pioneer of the AW169 in the Middle
DAE Capital, and Gulf Air, the Kingdom of Bahrain’s national carrier, have signed an aircraft lease agreement for five Boeing 787-9 Dreamliner aircraft, that are scheduled to enter the Gulf carrier’s fleet in 2018. These modern, fuel efficient planes will help Gulf Air expand its network, facilitating the long-term expansion of the airline’s future network
Emirates, one of the world’s largest airlines, announced a commitment to purchase 40 787-10 Dreamliners at the 2017 Dubai Airshow. The deal, including airplanes and related equipment, is valued at US$15.1bn at current list prices. Emirates is the world’s largest Boeing 777 operator and will be the first to receive the new 777X in 2020.
Boeing and Azerbaijan Airlines (AZAL) have signed an order for five more 787-8 Dreamliners and a commitment to purchase two large freighters. The agreement is valued at about US$1.9bn at current list prices. The freighter commitment will be finalized at a later time. Azerbaijan Airlines also announced it will be the launch customer for the
