Hong Kong Aviation Capital (HKAC) delivered another new A320-200 to Volaris, an ultra-lowcost airline in Mexico, being the second of seven A320 aircraft that it will lease to the airline under a purchase and lease back arrangement.
Scandinavian Airlines is the first European airline to receive the new A330-300 242-tonne Maximum Take-Off Weight (MTOW) variant. The aircraft was delivered to SAS during a ceremony held at Airbus in Toulouse, France. SAS has selected Rolls-Royce Trent 700 engines to power its new A330-300. Launched in 2012 as Airbus’ latest evolution to the twin-engine
FLY Leasing has contracted to sell 12 older aircraft from its portfolio for US$240m. The sale is anticipated to produce a US$12m pre-tax gain. In connection with the transaction, FLY anticipates recording US$3m in non-cash charges relating to debt modification and extinguishment costs. The aircraft will transfer individually to the new owner, with all transfers
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
