IndiGo has taken delivery of its very first ATR 72-600. The airline and ATR announced earlier this year an agreement for the acquisition of 50 ATR 72-600s. The delivery represents a major step in the airline’s ambitious plan to further develop its fleet with the introduction of fuel-efficient and cost-effective ATR 72-600s, thus expanding its
Boeing and Kazakhstan-based SCAT Airlines announced an order for six 737 MAX 8s on the final day of the 2017 Dubai Airshow. The agreement, valued at US$674m at current list prices, also includes purchase rights for five additional 737 MAX 8s. SCAT Airlines currently operates a fleet of 737s, 757s and 767s.
Air Sénégal, the national carrier of Senegal, has signed a Memorandum of Understanding (MoU) for two A330neo aircraft, which is the new re-engined version of the A330 widebody airliner. The A330neo will benefit the airline’s growth and business expansion in the future. The agreement makes Air Sénégal the first airline in Africa to select the
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
