West Atlantic Airlines, a European dedicated cargo airline specialised in mail and express freight, has agreed to lease four 737-800 Freighters from GE Capital Aviation Services (GECAS). The airline will be the first operator to take delivery of the Boeing standard-body converted freighter. GECAS launched the program and provided the prototype aircraft to Boeing in
Aergo Capital has acquired two ATR72-500 aircraft (MSN 715 & 833) from TAT Leasing and placed both on lease with Afrijet Business Services in Gabon, Africa. The aircraft were purchased as part of a portfolio from TAT. Aergo Capital’s Chief Executive Officer, Fred Browne said, “We were very pleased to work with TAT Leasing on
Boeing has signed multiple contracts and MOUs on the first day of the 52. International Paris Air Show: BOC Aviation has signed a Memorandum of Understanding for 10 737 MAX 10s, subject to internal approvals. The announcement is valued at approximately US$1.25bnn at list prices and will be posted to the Boeing Orders and Deliveries
Boeing has launched the 737 MAX 10 as the newest member of the 737 MAX family at the 2017 Paris Air Show. The airplane has gained wide market acceptance with more than 240 orders and commitments secured from more than 10 customers worldwide. Customers will be announcing order details throughout the week. The 737 MAX
International Airlines Group (IAG), one of the world’s largest airline groups, has selected CFM International’s LEAP-1A engine to power a total of 55 Airbus A320neo family aircraft. CFM agreement includes spare engines and a long-term support agreement. These aircraft, which are intended for operation at British Airways and Iberia and scheduled to begin delivery in
CDB Aviation Lease Finance (CDB Aviation), a subsidiary of CDB Leasing, has signed an order for CFM International’s LEAP-1B engines to power 42 Boeing 737 MAX 8 and four Boeing 737 MAX 10 aircraft. The engine order is valued at more than US$1.3bn at list price. The leasing company is scheduled to begin taking delivery
ICBC Leasing, a subsidiary of Industrial and Commercial Bank of China (ICBC), has signed an agreement with CFM International to purchase the advanced LEAP-1A engine to power 40 Airbus A320neo aircraft. This engine order is valued at more than US$1.1bn at list price. The aircraft order was announced in 2012. “We first selected CFM56 engines
Bombardier Commercial Aircraft reported from the International Paris Air Show, that it has signed an agreement with Philippine Airlines for the exercise of its seven Q400 aircraft purchase rights. This latest rights exercise brings Philippine Airlines’ total firm order to twelve Q400 aircraft. The original order for five firm Q400 with purchase rights for an
Turboprop aircraft manufacturer ATR and Xuzhou Hantong Aviation Development (Hantong) have signed a Letter of Intent (LoI) at the Paris Air Show, to purchase three ATR 42-600s to develop commuter services in the province of Jiangsu, China. Deliveries are expected to start in 2018.
ATR and Shaanxi Tianju Investment Group (Tianju) have signed a Letter of Intent (LoI) for the purchase of 10 ATR 42-600s to develop commuter service in Xinjiang, China. The first deliveries are expected to start as soon as possible in 2018. There is significant potential to develop commuter services in China and to improve connectivity
