U.S.-based aircraft lessor Azorra has taken delivery of its first A220-300 aircraft. The aircraft, delivered from the Airbus facility in Mirabel, Quebec, Canada, will be leased to Utah-based Breeze Airways. This is the first aircraft delivered out of the 22 A220-300s ordered by Azorra. The addition of Azorra’s capabilities in the regional airline segment is
Gulfstream Aerospace Corp., has released that the all-new Gulfstream G700 has received European Union Aviation Safety Agency (EASA) type certification, following the aircraft’s Federal Aviation Administration (FAA) type certification on March 29, 2024. “The Gulfstream team is proud to add EASA to our growing G700 certification accomplishments,” said Mark Burns, President of Gulfstream. “During the
China Aircraft Leasing Group Holdings Limited (CALC), along with its subsidiaries, has announced the successful delivery of the first of three Airbus A320ceo aircraft to South African Airways (SAA) in the carrier’s 90th year of operations. The 2016-vintage A320ceo, equipped with IAE V2527-A5 engines, was previously part of Vietnamese airline Pacific Airlines’ fleet before being
Sanad, a wholly owned subsidiary of Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), has unveiled a strategic transaction with CFM Materials, the largest provider of used serviceable components for CFM International engines, during the International Society of Transport Aircraft Trading (ISTAT) Asia in Hong Kong. The sale of two CFM56-7B engines to CFM
Pratt & Whitney Canada’s (P&WC) PW545D engine is one step closer to entry into service with type certification granted on May 9, by Transport Canada Civil Aviation. In May 2023, Textron Aviation announced its new Cessna Citation Ascend business jet would be powered by PW545D twin engines. “As the latest derivative in the PW500-engine family,
The inaugural commercial flight of Condor’s freshly minted A320neo, bearing the registration D-ANCZ, took to the skies from Frankfurt, Germany, to Heraklion, Greece, on May 10, operating under flight number DE1662. Subsequent flights to Fuerteventura, Gran Canaria, Funchal, Faro, and Samos in Greece are scheduled in the days ahead. This aircraft is the first of
Crestone Air Partners, an aviation asset management platform, has acquired two A320ceo aircraft in partnership with Atalaya Capital Management. This move highlights Crestone’s dedication to expanding its narrow-body portfolio with top-tier aircraft leased to reliable operators. The two planes are currently leased to SmartLynx Airlines, a prominent European ACMI, cargo and charter service provider. With
AerCap Holdings N.V. (AerCap) hosted its 2024 Capital Markets Day in New York on May 8, 2024. AerCap’s CEO Aengus Kelly, along with other senior leaders, were discussing the company’s strategic priorities and outlook for the near and longer term. In conjunction with the investor conference, the company unveiled several significant announcements. Foremost among them
Falko Regional Aircraft Limited (Falko), a large asset manager and aircraft lessor focused solely on the regional aircraft sector, has provided a summary of its first quarter 2024 (Q1 2024) portfolio activity. Throughout the quarter, Falko engaged in transactions concerning 50 aircraft and two engines. Notably, Falko entered into a purchase agreement with Nordic Aviation
The Cessna SkyCourier twin utility turboprop aircraft has been granted type certification by the Australia Certification and Accreditation Service Agency (ACASA), marking a significant milestone for the aircraft’s deployment in remote communities and enhancing regional connectivity throughout Australia. This certification follows closely on the heels of the first SkyCourier order in Australia, announced three months
