GA Telesis has completed a purchase and leaseback transaction of six Embraer E170 aircraft with Republic Airline earlier this month. Simultaneous with the purchase, the aircraft were placed on long term leases with Republic. The aircraft will be operated by Republic under a long term fixed fee capacity purchase agreement. This is the initial transaction
The first of three A330neo Family development aircraft to fly – MSN1795, an A330-900 variant – has landed at Toulouse-Blagnac, France on October 19, after successfully completing its first flight which lasted 4 hours and 13 minutes. The aircraft was powered by the latest technology Rolls-Royce Trent 7000 turbofans. Airbus has developed a fast-paced development
The new generation of Airbus’ popular A330 jetliner family is ready for its maiden. The A330neo features extensive technology transfers from the A350XWB, including new engines, wings, and systems as well as the signature Airspace cabin. These new features will provide significantly enhanced operating efficiency for airlines, and best-in-class comfort for passengers as well as
Embraer has confirmed April of 2018 as the delivery date of the first E190-E2 to Widerøe, the aircraft’s launch operator. The announcement was made at a press briefing in Athens, Greece, during the annual general meeting of the European Regional Airline Association. Widerøe, the largest regional airline in Scandinavia, will begin revenue service with the
SkyWorks Holdings has reported asset management group activities for the third quarter 2017. Asset Management Services, provided through SkyWorks Leasing, included transactions for 18 aircraft and additional services as follows: On behalf of a U.S. investor, SkyWorks arranged the sale of two A330-300 aircraft currently on lease to Asiana. On behalf of a U.S. investor,
The fleet size of operators in the Middle East is forecast to more than double from 1,250 to 3,320 aircraft over the next two decades, according to the Airbus Global Market Forecast. The Middle East will need some 2,590 new aircraft by 2036, for replacement of 520 older generation aircraft, and 2,070 aircraft for growth,
Two years after Bombardier first offered Airbus a stake in its CSeries of aircraft, it has been announced that the European aerospace giant is to take a majority 50.1% interest in Bombardier’s C-Series Aircraft Limited Partnership. Bombardier and Investissement Québec will own about 31% and 19%, respectively. Airbus will contribute no cash for its majority
Following the uncontained failure of one of the four engines powering an Air France A380 superjumbo over the Atlantic Ocean last month, the FAA has ordered an inspection of a number of engines powering Airbus 380s. The Air France jet’s engines were made by Engine Alliance, a joint venture between General Electric Co. and United
Beginning in January 1, 2018, the FAA will require newly designed aircraft to be quieter which will help toward lowering noise around airports and surrounding communities. Called “Stage 5 Airplane Noise Standards,” this FAA rule ensures that the latest available noise reduction technology is incorporated into new aircraft designs. As a result, new airplane type
Air Lease Corporation has signed a long term lease agreement with Aer Lingus for one additional new Airbus A321neo LR aircraft. The aircraft, delivering in June 2019, will be the eighth A321neo LR leased to the airline and is from ALC’s order book with Airbus.
