Avolon, the international aircraft leasing company, announced the delivery of one Boeing 787-9 aircraft to Virgin Atlantic. This is the third Avolon aircraft on lease to the airline.
Aircraft remarketing specialist Airstream International Group have arranged the sale of a 1997 manufacture ATR42-500. The aircraft, serial number 556, had previously been operated by Azul in Brazil and owned by a lessor. It was purchased by First Air, an expanding regional operator based in Canada.
AerCap reported its major business transactions during the first quarter 2016: The company signed lease agreements for 100 aircraft, including 23 widebody and 77 narrowbody aircraft and purchased 6 aircraft, including 5 Boeing 787-9s and 1 Boeing 737-800. AerCap executed sale and part-out transactions for 25 aircraft, including 3 Airbus A320-200s, 1 Airbus A321-100, 3
Latvian flag carrier Air Baltic has converted its remaining seven option aircraft to firm. This latest order brings airBaltic’s total firm order to 20 CS300 aircraft. This agreement follows the airline’s conversion of three option aircraft announced in February 2014. The original order for 10 firm CS300 aircraft with options for another 10 was announced
Embraer and Horizon Air have signed a firm order for 30 E175 jets. The contract also includes options for another 33 aircraft of the same model. The value of the contract, which will be included in Embraer’s 2016 second-quarter backlog, is US$2.8bn, based on current list prices, if all the options are exercised. The deliveries
Ground testing is underway on the first full GE9X development engine, which is the world’s largest commercial aircraft engine, at GE Aviation’s Peebles Testing Operation in Ohio. The GE9X engine will power Boeing’s new 777X aircraft. Maturation testing of the GE9X engine began about five years ago and has progressed from component-level all the way
An Asian customer has become the first in the region to place a firm order for an Airbus ACJ319neo , delivery of which is planned for the second quarter of 2019. The client, which is upgrading from a large, traditional, business jet, is also the first new customer for the ACJneo Family. Engines and cabin
Gulfstream Aerospace reported that it joined the wing to the fuselage on the first Gulfstream G600 flight-test article, signifying steady progress in the G600 program. As production continues for the G600, the Gulfstream G500 flight-test program also achieved several milestones to include receiving the program’s first Type Inspection Authorization (TIA) from the Federal Aviation Administration
TAP Portugal has signed an agreement with Airbus to be the first operator of the new A330neo airliner and therefore also become the launching carrier to fly the Airspace by Airbus cabin brand in the A330neo. In 2015, the airline placed a large fleet renewal contract with Airbus which included an order for 14 A330-900neos.
The TRUEngine technical program continues to expand with total engine enrollments surpassing the 12,000 mark, a 20% increase in the last 18 months. More than 200 operators have opted to enroll their engines in the TRUEngine program. The TRUEngine qualification process includes the customer submitting maintenance records and a review by GE or CFM to
