Pratt & Whitney’s PurePower Geared Turbofan (GTF) engine was cited as an Aviation Climate Solution by the Air Transport Action Group (ATAG) at the Global Sustainable Aviation Summit in Geneva, Switzerland. The GTF’s engine technology reduces commercial aircraft fuel burn and carbon dioxide emissions by more than 16%, reduces regulated emissions by more than 50%
Bombardier Commercial Aircraft announced that Okinawa-based Ryukyu Air Commuter (RAC) is the unidentified airline that had signed a firm purchase agreement for five Q400 turboprop airliners previously announced in July 2014. RAC, which is a part of the Japan Airlines Group, is also the launch customer of the Q400 cargo-combi variant announced at the Farnborough
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, announced a purchase-and-leaseback transaction with Malindo Airways for six new Boeing 737-800 aircraft. Four of the aircraft have delivered to Malindo Air. The remaining two are scheduled for delivery in October. Malindo Air, headquartered in Malaysia, currently operates a fleet of
Hong Kong Aviation Capital (HKAC) established a new leasing relationship with Philippines Airlines, one of the first and oldest commercial airlines in Asia with an A321-231 aircraft on long term lease.
Air Lease Corporation announced the placement of one new ATR 72-600 aircraft on long term lease with Antigua-based LIAT (Leeward Islands Air Transport). The aircraft is from ALC’s order book with ATR and is scheduled to deliver in the third quarter of 2016.
Boeing and Cathay Pacific Airways celebrated a significant achievement on September 29th, with the delivery of the airline’s 70th 777 aircraft – also the last and 53rd 777-300ER (Extended Range) of its confirmed orders – that has made Cathay Asia’s largest operator of the 777 fleet. With this latest delivery, Cathay Pacific’s 777 aircraft fleet
Dallas-based Flexjet, a provider of fractional jet ownership services, received its first Legacy 500 business jet. Flexjet’s fractional program already features the Embraer Phenom 300 light jet. Since certification by Brazil’s ANAC (Agência Nacional de Aviação Civil) in August 2014, the Legacy 500 has been certified by another five aviation authorities in the U.S., Mexico,
Waypoint Leasing, an independent global helicopter leasing company, has placed the first of its Airbus H145 orders on lease with Pacific Helicopters, a leading provider of helicopter services in Papua New Guinea and throughout the Asia-Pacific region.
GE Capital Aviation Services (GECAS) signed a purchase-and-leaseback agreement with Frontier Airlines for nine new Airbus A321 aircraft. Delivery of the first new aircraft is scheduled for October 2015 with the remaining new deliveries scheduled in 2015 and 2016. All nine aircraft are powered by CFM56-5B3 engines and are part of Frontier’s existing orderbook with
Air Lease Corporation announced lease agreements with Siam Air Transport (Thailand) for two used Boeing 737-800 aircraft. These aircraft will deliver in the fourth quarter of 2015. Founded in 2013, Siam Air Transport is based at Bangkok’s Don Mueang Airport. They currently operate two Boeing 737-300s to three destinations in Hong Kong and China.
