Air Lease Corporation, the Los Angeles based aircraft leasing company announced a firm order for three A350-900s and one A321 at the Farnborough Airshow to meet strong market demand for more modern and fuel-efficient aircraft. Including this latest announcement, ALC’s portfolio of Airbus aircraft stands at a total of 267, of which 70 are widebodies
Standard Chartered Bank has ordered 10 Next-Generation Boeing 737-800s, powered by CFM56-7B engines. The order, valued at US$960m at current list prices, was attributed to an unidentified customer on the Boeing Orders & Deliveries website. Speaking at the 2016 Farnborough International Airshow, Kieran Corr, Head of Aviation Finance at Standard Chartered, said: “We are excited
Boeing and Donghai Airlines announced the airline’s intent to purchase 25 737 MAX 8s and five 787-9 Dreamliners at the 2016 Farnborough International Airshow. The agreement is valued at more than US$4bn at current list prices. Shenzhen-based Donghai Airlines previously ordered 15 Next-Generation 737-800s and 10 737 MAX 8s in 2013. Donghai continues to fulfill
During the second quarter of 2016 (2Q16), Embraer delivered 26 jets to the commercial aviation market and the same number to the business aviation market, of which 23 were light jets and 3 were large jets. On June 30, Embraer’s firm order backlog totaled US$21.9bn.
Honda Aircraft Company has earned a production certificate from the United States Federal Aviation Administration (FAA). Honda Aircraft Company is building the HA-420 HondaJet, an advanced light jet, at its world headquarters in Greensboro, North Carolina. The Production Certificate grants Honda Aircraft the authorization to produce, flight test and issue airworthiness certificates for the HondaJet
TAP Portugal and CFM International announced the airline´s order of 83 LEAP-1A engines to power its new fleet of Airbus A320neo/A321neo aircraft. With these new engines, the Portugal’s leading airline will improve its overall operating cost, as well as its operational reliability. The aircraft order, scheduled to begin deliver in the third quarter of 2018,
Aergo Capital has purchased six A320-200 passenger aircraft from B. aircraft A.S., an affiliate of Czech Aeroholding, through IAM Aviation Limited. The aircraft will continue to be operated by Pakistan International Airlines on domestic and international commercial routes. This acquisition brings Aergo’s fleet to 23 aircraft (including owned aircraft and aircraft under management).
Air Lease Corporation has signed long term lease agreements for four new Airbus A350-1000 aircraft with Virgin Atlantic Airways. The aircraft are from ALC’s order book with Airbus, with two delivering in spring 2020 and two delivering in spring 2021. These new A350-1000s will replace Virgin Atlantic Airways’ Boeing 747 aircraft built in the 1990’s
Boeing and Embraer unveiled the next phase of the Boeing ecoDemonstrator program on July 7th. The program expands Boeing and Embraer’s cooperation agreement and will test technologies to improve airplane environmental performance and accelerate their introduction into the marketplace. An Embraer E170 will serve as the flying testbed and will feature advanced environmental technologies that
AirSprint, a privately held fractional aircraft ownership company based in Calgary, Alberta, signed a purchase agreement for up to 12 Legacy 450, which consists of two firm orders with expected delivery in Q4 2016 and 10 purchase options with initial delivery dates starting in Q1 2017. This agreement has an estimated value of US$198m at
