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,
MTU Aero Engines will have a stake in the LM6000-PF+ (PF+), the latest version of General Electric’s (GE) LM6000 aeroderivative gas turbine series. Germany’s leading engine manufacturer has taken a 13% work share as a risk- and revenue-sharing partner in the development and production of this industrial gas turbine, which is derived from the CF6
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
Boeing and Norwegian have finalized an order for 19 787-9 Dreamliners valued at more than US$5bn at current list prices. The order also includes options for 10 more 787-9s, as the carrier looks to significantly grow its existing long-haul fleet into the next decade. It is the largest single order for 787-9s from a European
WestJet’s first Boeing 767-300 extended-range aircraft performed its inaugural flight on Thursday October 22nd, departing Toronto Pearson International Airport. Featuring a new teal and blue maple leaf-themed logo, which will eventually appear on all WestJet aircraft, the airline’s 767-300s seat 262 guests and have a range of approximately 11 hours. The aircraft will include a
GE Aviation assembled the 1,000th GEnx engine, just a mere five years after the first production engine was built at GE’s Durham, North Carolina. The first GEnx engine entered service on a Boeing 747-8 aircraft in 2011, and the engine program has accumulated five million flight hours and 900,000 cycles. Production volume of the GEnx
Embraer and SkyWest have signed a firm order for an additional 19 E175s jets. The aircraft will be flown by SkyWest Airlines, a wholly-owned subsidiary of SkyWest, under a Capacity Purchase Agreement (CPA) with Delta Air Lines. The transaction will be included in Embraer’s 2015 fourth-quarter backlog. Delivery of the first aircraft is expected for
Embraer Executives Jets celebrated the delivery of the 300th Phenom 300 business jet. The commemorative aircraft was accepted by an undisclosed US customer at Embraer’s facility in Melbourne, Florida, on October 15th. The Phenom 300 is in operation in 28 countries and has accumulated over 250,000 flight hours. In six years of operation, the Phenom
CityJet, the Irish regional airline, has selected the 98-seat Sukhoi Superjet 100 (SSJ100) as the aircraft for its fleet renewal and network development programme. An agreement has been signed by SCAC, SJI and CityJet Airlines for 15 aircraft plus 10 options. Based on the list price, the value of the agreement is worth over US$1bn,
Aeronautical Engineers (AEI) has received EASA approval (Supplemental Type Certificate #10055029) for the MD-80SF freighter conversion. The original FAA STC (ST02434LA) for the MD-80SF was received in February of 2013. The AEI MD-80SF comes with an Ancra Cargo Loading System capable of carrying twelve (12) 88” x 108” containers and depending upon the particular aircraft
