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Aircraft & Engines

EL AL Israel Airlines signs order for up to nine 787 Dreamliners

EL AL Israel Airlines agreed on an order for up to nine 787 Dreamliners with Boeing, valued at more than US$2.2bn at current list prices. EL AL will also lease six additional 787s from independent leasing companies as the Israeli-flag carrier looks to replace and grow its existing long-haul fleet, increasing capacity and providing greater

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Boeing, Garuda Indonesia celebrate 777 delivery

Boeing delivered a 777-300ER (Extended Range) to Garuda Indonesia in a special SkyTeam livery. The 777-300ER continues to play an important role in Garuda’s network expansion strategy. Garuda Indonesia became the 20th member to join the SkyTeam Alliance in August 2014, providing access to an extensive global network with more than 16,320 daily flights to

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CFM delivers first LEAP-1B engines to Boeing

CFM International has delivered the first advanced LEAP-1B engines to Boeing to support factory rollout of the first 737 MAX airplane before year end and first flight in early 2016. “The delivery of the first LEAP-1B engines for the new 737 MAX ushers in the next era of our successful partnership with CFM International,” said

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GECAS delivers first of up to seven leased Airbus A330s to Lufthansa

GE Capital Aviation Services (GECAS), delivered a leased Airbus A330-200 aircraft to Deutsche Lufthansa A.G. The aircraft is the first of up to seven leased A330-200s scheduled for delivery to Lufthansa through 2017 as part of the carrier’s fleet expansion. The remaining aircraft are currently leased by GECAS to other airline customers around the world.

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FLY Leasing acquires new Boeing 777-200LRF

FLY Leasing has acquired a new Boeing 777-200LRF aircraft in a sale and 12-year leaseback transaction with a leading flag carrier. “This is our second B777-200LRF acquisition in the past month as we continue to grow our portfolio with the most in-demand commercial aircraft,” said Colm Barrington, CEO of FLY. “With a strong cash reserve,

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Rolls-Royce signs US$2.4bn engine agreement with HNA Group

Rolls-Royce has reached an agreement worth US$2.4bn for engines and services with HNA Group. HNA Group is a conglomerate with interests in aviation, financial services, tourism and hospitality, logistics, real estate and retail. HNA Aviation currently operates and manages, amongst others, Hainan Airlines, Tianjin Airlines and Capital Airlines, flies to over 250 cities and serves

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