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
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
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.
Dubai Aerospace Enterprise (DAE) has signed long-term lease agreements for 10 ATR 72-600 aircraft with Alliance Air, a wholly owned subsidiary of Air India. The aircraft are scheduled to deliver throughout 2017 and will be used to grow Alliance’s network and to serve underserved or unserved airports throughout India as part of the Indian Government’s
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,
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
Embraer and American Airlines Group have signed a firm order for four E175 jets. The contract, in addition to the original order placed by the airline in 2013, for 60 E175s, has a value of US$182m, based on current list prices, and will be included in Embraer’s 2017 second-quarter backlog. The deliveries will start in
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
BOC Aviation reported that it has entered into a purchase-and-leaseback transaction with Turkish Airlines for two 2016-vintage Boeing 777-300ER aircraft, both of which are expected to deliver to the Company in the second quarter of 2017.
After a series of high-speed taxi tests witnessed by a panel of 25 aviation experts, including those from the Chinese Aviation Administration of China and AVIC who carried out a technical review of events, The Commercial Aircraft Corporation of China, (Comac) has announced that its C919 jet will be ready for its maiden flight in
