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Aircraft & Engines

UPS orders 14 Boeing 747-8 Freighters

Boeing and UPS announced an order for 14 747-8 Freighters. The agreement also includes an option to purchase an additional 14 of the cargo airplanes. “These aircraft are a strategic investment for increased capacity for UPS customers around the globe,” said Brendan Canavan, president, UPS Airlines. “The 747-8 will allow UPS to upsize our network

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SkyWorks reports transactions and activities performed during Q3 2016

SkyWorks Holdings reported transactions and activities performed during Q3 2016. On behalf of a U.S. investor, SkyWorks arranged the acquisition of one B737-700 on lease to Southwest Airlines, SkyWorks has been retained to manage the aircraft on behalf of the buyer. On behalf of two U.S. investors, the company arranged the lease extensions of five

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Swiss flag-carrier orders 10th 777

Swiss International Air Lines (SWISS) and Boeing confirmed a new order for one 777-300ER (Extended Range), valued at US$339.6m at list prices. The Swiss airline had previously ordered nine 777s and taken delivery of six this year as it continues to establish the 777-300ER as its flagship.

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SAS takes delivery of first A320neo

Scandinavian Airlines (SAS), has taken delivery of its first of 30 A320neo aircraft. SAS ordered the A320neo as part of its strategy to modernize its fleet with more fuel-efficient aircraft, reducing environmental impact such as emissions and aircraft noise. The A320neo will join SAS’s existing Airbus fleet of 25 A320 Family aircraft, eight A330s and

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Rolls-Royce runs Power Gearbox for first time

Rolls-Royce has run its powerful aerospace gearbox for the first time, marking a significant step in the development of its new UltraFan engine design.The first run of the Rolls-Royce Power Gearbox (PGB), at the company’s facility in Dahlewitz, Germany, marks the start of a series of tests which will see the gearbox reach up to

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Finnair to wet lease an Airbus A340 from Hi Fly

Finnair will wet lease an Airbus A340 aircraft and crew from Hi Fly for a period of 2 months to accommodate pilot trainings that are necessary to secure the airline’s growing operations in summer 2017 and beyond. Finnair will continue to receive new Airbus A350 aircraft in 2017, and is currently undertaking a massive pilot

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EGYPTAIR inks deal with Boeing and DAE for eight B737s

EGYPTAIR, the national airline company of Egypt, Boeing and Dubai Aerospace Enterprise (DAE), have signed a cooperation agreement for the order of 8 Boeing 737-800 NGs, adding to EGYPTAIR`s fleet. Delivery of the first aircraft is expected in February 2017. According to the terms and conditions of the deal, eight aircraft will be financed by

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