BOC Aviation has reported its operational transactions for the quarter ended June 30, 2024. The company reported a total fleet of 680 aircraft, comprising owned, managed and on-order planes. The average age of its 429 owned aircraft is 4.9 years, with an average remaining lease term of 7.9 years, both figures weighted by net book
Avolon, a global aviation finance company, has issued an update for the second quarter (Q2) of 2024. During the second quarter, Avolon delivered 15 new aircraft and transitioned ten aircraft to a total of 16 customers. The company sold six aircraft and entered into letters of intent for the sale of a further 17 aircraft.
Cebu Pacific (CEB), the Philippines’ leading carrier, has signed a binding memorandum of understanding (MOU) with Airbus for the purchase of up to 152 A321neo aircraft for US$24 billion (PHP 1.4 trillion) based on list prices, marking the largest aircraft order in Philippine aviation history. CEB has selected Pratt & Whitney GTF™ engines to power
Turkish Airlines has ordered four 777 Freighters from Boeing, further strengthening the airline’s position in the global air cargo market. With this order, Turkish Airlines will operate a total of 12 777 Freighters. “This new investment in expanding our cargo fleet underscores our commitment to meeting the growing global demand for air freight services,” said
Airbus has delivered the first H160 helicopter in the United States to PHI Aviation (PHI), marking the beginning of H160 operations in the country. This delivery is the first of four initial H160 helicopters that PHI will operate for offshore transportation in the Gulf of Mexico. Before commencing commercial operations, the helicopter will undergo a
American Airlines has signed a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines. These engines are intended to power regional jet aircraft with zero inflight emissions, producing only water vapour. Additionally, American Airlines has increased its investment in ZeroAvia. After initially investing in ZeroAvia in 2022, American has now participated in
BOC Aviation and Air Canada have signed an agreement for the placement of eight Boeing 737-8 aircraft from BOC Aviation’s orderbook. All eight aircraft, powered by CFM LEAP-1B engines, are scheduled for delivery in 2024. “We are delighted that Canada’s flag carrier, Air Canada, is collaborating with us once again to strengthen its network,” said
Air Transport Services Group (ATSG), has released that its subsidiary, Airborne Global Leasing, has signed lease agreements for two additional Boeing 767-300 converted freighter aircraft with My Freighter Cargo Airlines of Tashkent, Uzbekistan. These additions will expand the airline’s ATSG-leased fleet to five 767-300 freighters. “ATSG continues to expand its international leasing network,” said Mike
Chinese airline Colorful Guizhou Airlines has taken delivery of the first of three new Airbus A320neo aircraft from CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co. (CDB Leasing). The Guiyang-based carrier received the A320-251N aircraft during a delivery ceremony held in Tianjin, China, on June 14, 2024, which coincided
The Qantas Group’s next-generation Airbus A220 aircraft made its inaugural landing in Tasmania on July 1, bringing a new level of passenger comfort and sustainability to the Apple Isle. The first A220-operated Melbourne to Hobart service arrived at 11:20 am, with the Flying Kangaroo also announcing plans for an all-new Qantas Club at Hobart Airport.
