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Aircraft & Engines

ATR achieves US$2bn turnover in 2015

ATR achieved a new record turnover in 2015, increasing to US$2bn (2014: US$1.8bn). During the year, the aircraft manufacturer also set a new record in terms of aircraft deliveries, with a total of 88 aircraft (2014: 83), an increase of 72% over the 51 deliveries made in 2010. Firm orders for 76 aircraft, along with

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CIT Aerospace delivers one Airbus A320 to IndiGo

CIT Aerospace, a global leader in aircraft finance, has delivered an Airbus A320-200 to IndiGo, a leading Indian airline headquartered in Gurgaon, India. The aircraft, MSN 2275, is powered by IAE V2527-A5 engines. This aircraft delivery continues to build CIT’s relationship with IndiGo.

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FPG Amentum sells five easyJet A319s

FPG Amentum, the Dublin-based aircraft leasing company, announced the sale of five Airbus A319-100s (MSNs 2037, 2043, 2050, 2053 and 2062). The aircraft were sold to entities managed by Apollo Aviation Management on behalf of FPG Amentum’s investor customer Global Aircraft Fund I. The aircraft are on lease to easyJet.

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Lufthansa becomes launch customer of A320neo

The Lufthansa Group, Airbus’ largest airline customer and operator took delivery of the first A320neo. Equipped with all new technology Pratt & Whitney PurePower Geared Turbofan engines, the A320neo sets a new, even higher standard in aircraft efficiency, reducing emissions and noise as well as burning 15% less fuel than current generation aircraft from day

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First A320neo with MTU Aero Engines technology on board delivered

After 12 months of flight testing, the first A320neo powered by geared turbofan (GTF) engines to enter revenue service was handed over to the customer on January 20th. European aircraft manufacturer Airbus delivered the first of the single-aisle jets incorporating the eco-efficient propulsion technology to Lufthansa. The PurePower® PW1100G-JM geared turbofan engine has been developed

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Bombardier’s all-new C Series aircraft program starts ramp-up to full production

Bombardier Commercial Aircraft’s all-new C Series aircraft program has begun the ramp-up to full production. The final assembly facility is fully equipped and production is progressing according to plan with aircraft in various stages of the build sequence. Additionally, Bombardier also confirmed that the CS100 aircraft that is scheduled to be delivered to first operator

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Doric Aircraft Fund extends lease agreement

The lease agreement for a Boeing 777-300ER owned by the fund Doric Flugzeugfonds 5 has been extended earlier than contractually agreed. The lease with Emirates had an initial term of ten years and is now to run until 2021. The aircraft with the manufacturer‘s serial number 35592 was delivered to Emirates in June 2009. By

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CIT Aerospace delivers one Boeing 737-800 to Lucky Air

CIT Aerospace, a global leader in aircraft finance, has delivered a new Boeing 737-800 to Lucky Air, a domestic Chinese airline with a hub at Kunming Changshui International Airport. The aircraft, MSN 41591, is powered by CFM56-7B26 engines. This aircraft delivery continues to build CIT’s relationship with Lucky Air.

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TAP creates Tap Express with new fleet

TAP Express is the new branded product launched by TAP to replace PGA as of next March 27th, 2016. Up to July, the company will renew its entire fleet, which includes 17 aircraft and is evaluated in the amount of €400m. TAP Express consolidates the commercial designation of the Portuguese airline and reinforces its identity,

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Kenya Airways enters into sale agreement with Omni Air International

Cabot Aviation, a division of Air Partner plc and a leading aircraft remarketing broker, reported that Kenya Airways has entered into a sale agreement with Omni Air International to purchase two Boeing 777-200 ER aircraft, following approval from Kenya Airways’ board. Omni Air International is a US based airline providing global passenger ACMI, wet lease

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