Boeing and Jeju Air announced an order for three Next-Generation 737-800s. The order, valued at nearly US$300m at current list prices, will become the airline’s first direct-purchased airplanes from Boeing and fuel the airline’s continued expansion within Asia’s rapidly growing air travel market. The carrier currently operates an all-Boeing fleet of 26 Next-Generation 737-800s. The
Royal Aero GmbH, Germany, acquired one A319-100, MSN 1541, from SMBC Aviation Capital in December 2016. This aircraft is Royal Aero’s first A319 acquisition and it will remain on lease with Bhutan Airlines.
GA Telesis Component Solutions Group (CSG) has announced the acquisition of an Airbus A319-100 (MSN 1943) aircraft from SMBC. The disassembly has commenced in Florida and the company has routed the key components to its global distribution facilities. The inventory will be used in support of the GA Telesis iGEAR, SNAP and ACCESS programs across
Apollo Aviation Group, a multi-strategy aviation investment manager, released that in 2016 its fleet of mid-life aircraft grew by 64% while its assets under management (which includes invested capital, indebtedness and available capital) grew by 42% to US$3.5bn. In the fourth quarter, Apollo Aviation acquired six in-production narrowbody aircraft from the A320 and B737NG families,
Universal Asset Management, a global leader in aviation asset management, aircraft disassembly and commercial aviation aftermarket component sales, has acquired an Airbus A319 to support its growing narrow-body clientele. The aircraft will be going through disassembly in the United States to support not only the company’s global operations, but also various customer requirements.
Aviation Capital Group, the commercial aircraft leasing subsidiary of Pacific Life Insurance Company, has placed follow-on orders with Airbus for 35 additional A320 Family aircraft, consisting of 30 A320neo Family aircraft, 2 A320ceo aircraft and 3 A321ceo aircraft. ACG has also secured the option to purchase 10 additional A320neo aircraft. Including this commitment, ACG and
Waypoint Leasing has agreed to lease one Airbus H225 helicopter to Global Helicopter Service, a German operator with a strong presence in Africa, for utility and humanitarian support missions. Since its inception in 2013, Waypoint has been active in supporting oil and gas, utility, firefighting and other industrial-focused helicopter operators, this transaction will further diversify
EASA issued final approval for the R66 Turbine Marine pop-out float installation. After tests conducted in July demonstrated the pop-out float installation meets Sea State 4 requirements, EASA officially approved the Marine to be used in emergency situations and for commercial operations. Sea State refers to the height, period, and character of waves on the
Nordic Aviation Capital (NAC) confirmed that it has completed the acquisition of a 25 aircraft portfolio from Air Lease Corporation (ALC). The portfolio comprises 23 ATR 72-600 and 2 ATR 42-600 aircraft leased to 9 airlines globally. These 25 aircraft increase NAC’s total fleet to 380 aircraft and serves to further establish its position as
Travel Service, the Czech airline company that operates scheduled flights under the SmartWings brand, has finalized an order for five 737 8 MAX airplanes with Boeing, valued at US$550m at current list prices. Travel Service previously placed an order for three 737 MAXs at the Paris Air Show in 2013 and currently operates a mixed
