AerCap has announced its major business transactions during the full year and fourth quarter 2016. For the full Year 2016 AerCap signed lease agreements for 279 aircraft and purchased 38 aircraft. The company executed sale transactions for 141 aircraft and signed financing transactions for US$4.6bn. For the fourth quarter 2016 AerCap signed lease agreements for
Embraer has signed a contract with Widerøe, the largest regional airline in Scandinavia, for up to 15 E2 family jets. The contract consists of three firm orders for the E190-E2 and purchase rights for 12 further E2 family aircraft. This flexible mix of purchase rights for E175-E2, E190-E2, and E195-E2 will give Widerøe the ability
Embraer has delivered 32 commercial and 43 executive jets, 25 of which are light jets and 18 are large, during the fourth quarter of 2016 (4Q16). The Company ended the year with 108 aircraft delivered to the commercial aviation market and 117 to the executive aviation market, totaling 73 light and 44 large executive jets.
Boeing and SpiceJet announced a commitment for up to 205 airplanes during an event in New Delhi. Booked at the end of 2016, the announcement includes 100 new 737 MAX 8s, SpiceJet’s current order for 42 MAXs, 13 additional 737 MAXs which were previously attributed to an unidentified customer on Boeing’s Orders & Deliveries website,
TrueNoord Regional Aircraft Leasing has purchased six Embraer E190 aircraft. The portfolio is made up of globally operated aircraft with leases attached and this significant investment marks the start of a highly targeted on-going development and growth strategy for the TrueNoord fleet under lease, following investment from private equity firm Bregal Freshstream. Commenting on the
As of December 31, 2016 BOC Aviation had a portfolio of 284 owned and managed aircraft, with an average aircraft age of 3.2 years and an average remaining lease term of 7.3 years for owned aircraft fleet, weighted by net book value. The company had an order book of 199 aircraft and took delivery of
Dublin lessor Elix Aviation Capital has successfully closed a financing facility for two Bombardier Q400 aircraft arranged by DVB Bank SE, London Branch. These turboprop aircraft are the first two of a total of three aircraft which will be delivered to Hawaii Island Air, operating as “Island Air”, from the Canadian manufacturer and placed on
Airbus has increased the average list prices of its aircraft by one percent across the product line, effective from January 1st 2017. This price increase has been calculated according to Airbus’ standard escalation formula over the January 2016 to January 2017 period and takes into account the materials and commodities prices. John Leahy, Chief Operating
Iran Air has taken delivery of its first new aircraft, an A321, in a handover ceremony in Toulouse. The delivery is the first from a firm order placed by Iran Air in December 2016 for 100 Airbus aircraft (46 single aisle and 54 wide-body jets) to renew and expand its fleet. Iran is forecast to
GoAir, a Wadia Group company, has inked a firm contract for 72 A320neo aircraft following its Memorandum of Understanding (MoU) signed during the Farnborough International Airshow. The agreement reached on December 30th, 2016, doubles GoAir’s firm order book for the aircraft type to 144. GoAir took delivery of its first A320neo in June 2016 and
