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Aircraft & Engines

Transfer of A380 MSN4 to the Le Bourget aerospace museum

As part of its contribution to preserving aviation heritage, Airbus will be transferring four of its test aircraft to museums: the Museum of Air and Space in Paris-Le Bourget and Aeroscopia in Toulouse. These aircraft comprise: A320 MSN1, recently withdrawn from the test aircraft fleet; A340-600 MSN360; A380 MSN2 and A380 MSN4. These aircraft will

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DVB finances one A350-900XWB on lease to Vietnam Airlines from DAE

DVB Bank SE has successfully underwritten and arranged the financing for Vietnam Airlines’ first Airbus A350-900XWB, leased from Dubai Aerospace Enterprise (DAE). DVB is the sole arranger and lender in this facility. Allen and Overy, London acted for DAE as lessor’s counsel while Clifford Chance London represented DVB.

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Bombardier and CityJet finalize purchase agreement for up to 10 CRJ900 aircraft

Bombardier Commercial Aircraft released that a firm purchase agreement, consistent with the conditional agreement announced on January 24, 2017, has been finalized with Dublin-based regional carrier, CityJet. The firm agreement includes six CRJ900 aircraft and options for an additional four aircraft. Upon delivery, the aircraft will operate under wet lease in the Scandinavian Airlines (SAS)

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Airstream appointed for ATR72-500 acquisition

Airstream International Group have been mandated by Novoair, Bangladesh, to source one ATR72-500 aircraft for purchase. Airstream have enjoyed a strong working relationship with Novoair dating back many years. Airstream has been very active remarketing ATR aircraft, successfully arranging the sale or lease of 27 ATR aircraft in the last 5 years.

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Doric purchases two A330s for aviation portfolio

Doric has added a further two Airbus A330s to its portfolio. These aircraft, on long-term leases to Asiana Airlines and Hawaiian Airlines, were purchased as a part of a portfolio for the Floreat Fixed Income SA. Doric, as arranger and asset manager, is also responsible for accounting-related services for the Floreat aviation portfolio, and has

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Federal Cartel Authority approves Lufthansa/airberlin wet-lease agreement

A wet-lease agreement planned by airberlin and the Lufthansa Group was approved unconditionally on January 30th, by the German Federal Cartel Authority. airberlin welcomed the regulator’s decision and said the approval was an important milestone in the airline’s restructuring programme as it works towards the development of a business model as a focused network carrier

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