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Aircraft & Engines

WestJet to purchase up to 20 Boeing 787-9 Dreamliners

WestJet has signed a definitive purchase agreement with Boeing for up to 20 Boeing 787-9 Dreamliner aircraft. This agreement includes commitments for 10 Boeing 787-9 aircraft to be delivered between the first quarter of 2019 and December 2021, with options for an additional 10 aircraft to be delivered between 2020 and 2024. The airline also

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SAS finances seven Boeing 737s

SAS has completed financing of seven Boeing 737s on April 28, which previously were owned. The financing is undertaken through a so called Japanese Operating Lease with Call Option (JOLCO). The transaction will not have any earnings impact. The value of the transaction corresponds to US$101m and the cash has been transferred to SAS during

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AerCap signs lease agreement with Germania

AerCap has signed a lease agreement for an Airbus A319 with German carrier, Germania. The aircraft was delivered to the airline on April 19, 2017. The 2003 vintage aircraft was recently redelivered to AerCap from a South American customer.

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Jambojet selects Q400 for fleet renewal and expansion

Ilyushin Finance (IFC) has converted an option on one Q400 aircraft to a firm order. The Moscow-based leasing company, now with two Q400 on firm order, has successfully concluded a leasing agreement with Jambojet (Jambojet) of Kenya for both aircraft. Jambojet is expected to take delivery of the first leased Q400 aircraft in May 2017,

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Skyworld Aviation arranges sale of two ERJ 145 LR's

Skyworld Aviation has sold two EASA ERJ 145 LR’s, serial numbers 145564 (G-CIYW) and 145601 (G-CIYX). The previous operator was AeroMexico Connect and both aircraft returned from lease to its European owner last year. The aircraft have since been in a storage programme with GC Aviation Maintenance (GCAM) at Cotswold Airport in the UK, who

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First A320neo for WOW air

WOW air the low-fare airline based in Iceland has taken delivery of its first A320neo on lease from Air Lease Corporation. WOW air is an all Airbus operator with 12 aircraft in its fleet to date. WOW air selected the A320neo for its low operating costs and excellent fuel efficiency. The aircraft will feature a

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