A City Airways (Thailand) leased 737-400 Reg. HS-GTG is to be repossessed by lessor Logistic Air, 3 months after the lease commenced. Logistic Air, has begun repossession procedures due to non-payment of monthly dues by City Airways. Logistic Air, has become the third lessor in a 2-year period to take action to repossess an aircraft
Hong Kong Aviation Capital (HKAC) established a new leasing relationship with Indonesia’s largest low cost carrier Lion Air, delivering two Boeing 737-800s aircraft on long term leases.
Finnair will become the first airline in Europe to operate the A350 XWB and the third operator in the world. Finnair has acquired a total of 19 A350 XWBs and will operate its fleet on premium long haul routes, beginning with services between Helsinki and Shanghai.
Flybe is for the first time introducing an ATR 72-600 series aircraft into its fleet. The aircraft has been delivered to Flybe from the leasing firm Avation PLC, and will operate from Sweden in the livery of Flybe’s new partner in Northern Europe, Scandinavian Airlines (SAS). During 2015 and 2016 Flybe will incorporate into the
The new Beluga programme, christened Beluga XL, has successfully passed the latest maturity gate milestone – marking the end of the ‘concept phase’ or design freeze ‘at aircraft level’ which is a key step in any development programme. The maturity gate review demonstrated that the Beluga XL programme is robust and mature enough to move
Juneyao Airlines has signed a Memorandum of Understanding for the V2500 engine to power its order of 12 Airbus A321ceo aircraft. Deliveries are scheduled to begin in November 2015. The deal also includes a 15-year V-Services Fleet Hour Agreement (FHA). The V2500 engine is offered through International Aero Engines AG, a multinational aero engine consortium
Sichuan Airlines has signed a Memorandum of Understanding for Pratt & Whitney’s PurePower PW1100G-JM engines to power its fleet of 24 A320neo aircraft. The fleet will consist of 15 purchased and nine leased A320neo aircraft, making Sichuan the first Chinese airline to select PurePower PW1100G-JM engines to power its purchased A320neo aircraft. Deliveries are scheduled
The first A350 XWB for TAM Airlines rolled out of the Airbus paint shop in Toulouse, revealing the aircraft in its signature red, white and blue livery. The aircraft will continue through the next stages of production, including the installation of engines, completion of cabin furnishing and cockpit fitting, before starting ground and flight tests.
Embraer Commercial Aviation released its 2015-2034 Market Outlook for the Chinese market, which presents delivery projections of new aircraft over the next 20 years. The Company forecasts that 1,020 new jet aircraft in the 70 to 130-seat segment will be delivered in China by 2034. Embraer projects worldwide deliveries of 6,350 jets, in the 70
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, delivered two leased Boeing 777-300ER aircraft to ANAH for operation by its group airline, All Nippon Airways as part of a purchase-and-leaseback transaction.
