Industrial Bank Financial Leasing (also known as CIB Leasing) headquartered in Beijing, China is the previously announced unidentified customer that had placed a firm order for 10 CRJ900 aircraft. This purchase agreement was initially announced on June 20, 2016. Both parties will work closely together to explore market opportunities for regional fleet growth and network
Aergo Capital has sold two aircraft as the company continues to reduce the average age of its fleet. Aergo sold one 2001 Vintage A320-200, bearing Manufacturers Serial Number 1626, to Blackrock Investment Management – Aviation Group. The aircraft is subject to an operating lease with Avion Express, who will continue to operate the aircraft. Furthermore
Shenzhen Airlines has selected the V2500 engine to power 13 firm Airbus A320ceo family aircraft. Established in 1992, Shenzhen Airlines, a member of the Star Alliance, operates passenger, freight and postal transport.
Air China has selected the V2500 engine to power 18 firm Airbus A320ceo family aircraft. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, a division of United Technologies; Pratt & Whitney Aero Engines International GmbH; Japanese Aero Engines Corporation; and MTU
Xiamen Airlines signed an agreement with GE Aviation at the Airshow China 2016 to select GEnx-1B engine to power its additional six Boeing 787-9 Dreamliner aircraft. Xiamen Airlines also expanded a TrueChoice Material agreement for the new GEnx-1B fleet for the new and used material and advance repairs needed for engine maintenance, repair and overhaul
Pemco World Air Services (PEMCO), has redelivered another B737-300 passenger-to-freighter converted aircraft (MSN 30102) to China-based SF Airlines, the air cargo division of S.F. Express. SF Airlines is a leading courier in China providing delivery service to over 15 countries, including the United States. The latest redelivery marks the seventeenth B737-300/400 PEMCO-converted aircraft to SF
Avtrade announced the completion of the purchase of a serviceable Airbus A319 aircraft MSN 2891 DOM 2006 for part-out. Purchased with CFM56-5B engines, the disassembly of the ex Fastjet aircraft continues Avtrade’s dedication to its aircraft acquisition programme. The removed components will be fully certified by EASA, FAA and CAAC approved facilities enabling Avtrade to
GE Aviation completed testing a 35% additive manufactured demonstrator engine to validate 12 additive parts in its Advanced Turboprop (ATP) engine, which will power the all-new Cessna Denali single-engine turboprop aircraft. Additive components reduce the ATP’s weight by 5% while contributing a 1% improvement in specific fuel consumption (SFC). An additive CT7 technology demonstrator engine,
According to the July 2016 ATR Market Forecast, demand for new turboprops in China is expected to reach 300 units by 2035. ATR also anticipates that regional network development is the next big opportunity in China, with some 800 new regional routes expected to be created by turboprops over the next 20 years. Of the
Aergo Capital has acquired one 2004 Vintage A320-200 passenger aircraft, bearing Manufacturers Serial Number 2233, from AviaAM Leasing. The aircraft is on long-term lease to Smarltlynx Airlines and will continue to be operated by SmartLynx Airlines & their ACMI customers. This acquisition brings Aergo’s fleet to 26 aircraft (including owned aircraft and aircraft under management).
