Swiss aircraft developer JEKTA has signed its first lessor agreement with Solyu for 30 PHA-ZE 100 zero-emissions amphibious aircraft. This deal boosts JEKTA’s advanced commitments for its amphibious aircraft to over US$1 billion. Based in Seoul, South Korea, Solyu is dedicated to promoting a low-carbon future for aviation, providing financial and leasing solutions to operators
Heart Aerospace, a hybrid-electric aircraft manufacturer and Loganair a UK regional airline, have announced an exclusive partnership aimed at decarbonising regional air travel across the United Kingdom. Under this agreement, Loganair and Heart Aerospace will work together to explore and develop use-cases for hybrid-electric aircraft within Loganair’s extensive network in Scotland and the rest of
Stratos, an aircraft investment specialist and asset manager, has announced the delivery of an Airbus A330-200 on a long-term operating lease to Iberia, Spain’s largest airline and a member of the International Airlines Group (IAG). The aircraft (MSN 1319), owned by a US-based investor, was recovered from Virgin Australia and transitioned to Iberia. It will
Avation PLC (Aviation), a commercial passenger aircraft leasing company, has announced the sale of two ATR 72-600 aircraft to Danish Air Transport (DAT). The two aircraft, acquired by Avation in 2018, were originally leased to DAT under agreements that included purchase options. DAT has now exercised these options, and the sales of both aircraft have
LCI has delivered two new Leonardo AW139 helicopters to Babcock Australasia (Babcock) for emergency medical services (EMS) operations across the Torres Strait and the Northern Peninsula of Queensland, Australia. The helicopters, which arrived in Australia in late August to undergo modifications for their EMS role, have been placed in LCI’s joint venture with SMFL: SMFL
ATR, the regional aircraft manufacturer, has announced the delivery of its 1,700th aircraft since the programme’s inception, a significant milestone achieved with the hand-over of an ATR 72-600 to long-standing customer Air Corsica. This delivery completes Air Corsica’s transition from the older ATR -500 series to the latest-generation of turboprop aircraft, reflecting the airline’s commitment
Dutch national carrier KLM, a member of the Air France-KLM Group, has taken delivery of its first Airbus A321neo, marking a significant step in its fleet modernisation efforts. With this addition, KLM joins the ranks of successful A321neo operators, enhancing its commitment to operating the latest generation of fuel-efficient aircraft. The A321neo introduces advanced technology
Dubai Aerospace Enterprise (DAE) has announced agreements to acquire 23 aircraft from multiple counterparties for a total of approximately US$1.1 billion. The consolidated aircraft portfolio will have a weighted average age of 3.4 years and a weighted average remaining lease term of 8.8 years. These aircraft are leased to 13 airlines across nine countries. The
China is set to more than double its commercial airplane fleet by 2043 as the country’s aviation industry expands and modernises to meet the growing demand for both passenger and cargo air travel. This projection comes from Boeing’s 2024 Commercial Market Outlook (CMO) for China, a comprehensive long-term forecast of the country’s commercial aviation needs.
Oman Air has taken delivery of its latest Boeing B787-9 aircraft, the first of three scheduled for arrival this year. This addition is part of an existing order that includes eight more aircraft to be delivered by 2027, bringing the airline’s total Dreamliner fleet to ten. The Boeing B787-9, renowned for its cutting-edge design and
