FLY Leasing, a global leader in aircraft leasing, has acquired a new Boeing 737-800 aircraft in a sale and leaseback transaction with an airline. The aircraft is on lease until 2027.
Embraer Executive Jets reported that its new Legacy 450 business jet received type certification from the U.S. Federal Aviation Administration (FAA). The approval comes a few weeks after the aircraft earned certification from Brazil’s civil aeronautics authority (ANAC).
Avolon, the international aircraft leasing company, announced the delivery of a fourth Boeing 737-800 to Aeromexico. The delivery is the fourth of four Boeing 737-800 aircraft delivered to Aeromexico by Avolon.
Norwegian has signed an agreement to acquire an additional two new Boeing 787-9 Dreamliners, enabling the company to launch even more long-haul routes. Both aircraft are scheduled to enter service in summer 2017. The 787-9 is larger than the eight 787-8s that Norwegian currently operates on its long-haul routes. With this new agreement, the long-haul
C&L, working on behalf of Spint Air, brokered a deal with Kiwi Regional Airlines for the sale of a Saab 340A, MSN 065. This is C&L’s eighth Saab transaction in the last 12 months. As a leader in the Saab 340 market, C&L is committed to maintaining the aircraft type as an economical option for
Boeing completed the firm configuration milestone for the 777-9, the first member of the 777X family to be developed. The Boeing 777X team reached this significant design milestone after working closely with airline customers and key suppliers to optimize the configuration of the new airplane. The 777X family includes the 777-8 and the 777-9 –
Pratt & Whitney delivered the first PurePower PW1400G-JM engine to the podding facility at Russia’s Irkut Corporation. The PW1400G-JM engine was assembled and tested at the Pratt & Whitney West Palm Beach Engine Center located in Florida before being shipped to Irkutsk, Russia. The PW1400G-JM engine has been optimized for installation on Irkut’s MC-21 aircraft
According to the latest Airbus Global Market Forecast (GMF), the Russia & CIS air passenger market will more than double in the next 20 years, with over 2,000 aircraft needed by 2034, compared to the 922 in operation today to meet the countries’ growing demand for air travel. Airbus’ forecast shows that over 1,280 of
Boeing and Korean Air marked the delivery of the airline’s first 747-8 Intercontinental. The new fuel-efficient jet is the first of 10 747-8 passenger airplanes the carrier has on order. With this delivery, Korean Air becomes the first airline to operate both the passenger and freighter versions of the 747-8. Korean Air currently operates a
Boeing projected a demand for 6,330 new airplanes in China over the next 20 years. Boeing released its annual China Current Market Outlook (CMO) on August 25th, 2015, in Beijing, estimating the total value of those new airplanes at US$950bn. “Despite the current volatility in China’s financial market, we see strong growth in the country’s
