Bombardier Commercial Aircraft and Porter Airlines of Toronto have signed a firm purchase agreement for three Bombardier Q400 turboprop airliners. Based on the list price of the Q400 aircraft, the firm order is valued at approximately US$93m. The three aircraft on firm order will increase Porter’s Q400 aircraft fleet to 29 aircraft. Porter exclusively flies
Embraer Executive Jets released that the Legacy 450 has received certification for an extended range of 2,904 nm (5,378 km). The improvement was approved by Brazil’s ANAC (Agência Nacional de Aviação Civil), the FAA (U.S. Federal Aviation Administration) and EASA (European Aviation Safety Agency). The new range with four passengers onboard plus reserves is 329
TUI Group finalized an order for 10 Boeing 737 MAX 8 aircraft powered by CFM International’s LEAP-1B engine. The engine order is valued at US$200m at list price. The LEAP-1B engine flew for the first time on the Boeing 737 MAX on January 29, 2016. Since then, three more aircraft have been added to the
Aergo Capital has purchased one Boeing 767-300ER aircraft on lease to Air Italy from FLY Leasing. The transaction was originated and managed by BBAM. The aircraft will continue to be operated by Air Italy on international commercial routes. Aergo Capital also said that it has purchased two B737-900ER aircraft from PT Lion Mentari, operating as
Commercial Aircraft Corporation of China (COMAC), Friedmann Pacific Asset Management (FPAM) and China Aircraft Leasing (CALC), entered into a tripartite cooperative framework agreement in relation to the acquisition of ARJ21 aircraft (subject to further negotiation to enter into a formal binding agreement) at the Farnborough International Air Show. CALC will acquire 60 ARJ21-700 series aircraft
Nir Dagan, Arkia Israeli Airlines’ President & CEO, and John Slattery, President & CEO, Embraer Commercial Aviation, announced at the Farnborough Airshow, a Letter of Intent (LoI) from the airline for up to ten E195-E2 jets, consisting of six firm orders and four purchase rights. With purchase rights exercised, the contract has a potential value
2016 to date is proving to be another strong year for CFM International, with the company booking a total of 1,660 engine orders through June, including 700 CFM56 engines (commercial, military and spares) and 960 LEAP engines (including spares). This total represents more than 100 engines compared to the same period in 2015. Total LEAP
Kalstar Aviation, an Indonesian regional operator and Embraer have signed a firm order for five E190-E2s. The contract also included five purchase rights for the same model, bringing the total potential order to up to ten aircraft. The order has an estimated value of US$582m, at current list price, if all the purchase rights are
Nordic Aviation Capital (NAC) has placed a firm order for four E190 aircraft. The four new E190s were included in Embraer’s 2016 second-quarter backlog and have an estimated value of US$199m, based on Embraer’s list prices. These new aircraft will join the other 69 E-Jets currently managed by NAC worldwide.
Boeing and Xiamen Airlines announced at the 2016 Farnborough International Airshow a Memorandum of Understanding for the purchase of up to 30 737 MAX 200 airplanes, valued at up to US$3.39bn at current list prices. The airline, which is already a 737 MAX customer, sees the MAX 200 as a fit for its low cost
