GE Capital Aviation Services Limited (GECAS), the commercial aircraft financing and leasing arm of GE, has reported it has completed a purchase-and-leaseback transaction with a new customer, PT Batik Air Indonesia, for four new Airbus A320 aircraft. GECAS delivered the first aircraft earlier this month. The remaining three aircraft will be delivered throughout the rest
Boeing (BA) and Thai Airways International Public Company (THAI) celebrated the Thailand flag carrier’s 25th direct 777 delivery, a 777-300ER (Extended Range), from the Boeing delivery center in Everett, Wash. THAI has operated nearly every model of the 777 over the last two decades and also currently operates five 787 Dreamliners. THAI Cargo was the
Avolon (AVOL), the international aircraft leasing company, announces the delivery of a Boeing 737-800 aircraft to Hainan Airlines. This delivery is Avolon’s first aircraft on lease to Hainan Airlines. Headquartered in Ireland, with offices in the United States, Dubai, Singapore and China, Avolon provides aircraft leasing and lease management services. Avolon has an owned, managed
GE Capital Aviation Services (GECAS), has announced delivery of a new leased Airbus A321 aircraft to the Thomas Cook Group. This is the last of nine new A321 aircraft GECAS has delivered to Thomas Cook in 2014 and 2015 as part of the airline’s previously announced program to renew and modernize its narrowbody fleet. Thomas
White Stag Aircraft Leasing commits to acquire seven mid 1990’s vintage aircraft from TLA Holdings. The transaction will phase out the existing Boeing 737-400 aircraft that will be replaced by new generation 737’s. White Stag, Chairman and Private Equity Investor, John C. Green commented that the acquisition comes at a unique time when the supply
Flexjet LLC, offering travelers access to the world’s luxurious fleet of private jets, has accepted delivery of its first Gulfstream G450LXi. This delivery, at Gulfstream’s Savannah, Georgia headquarters, is part of an order placed in October 2014 for up to 50 new aircraft from Gulfstream’s iconic line of business jets. The order makes Flexjet the
Embraer Executive Jets has reported that Etihad Flight College, a wholly-owned subsidiary of Etihad Airways, the national airline of the United Arab Emirates, has signed a purchase agreement for four Phenom 100E jets, and options for three additional aircraft of the same model. The delivery of the aircraft to Etihad Flight College will start in
Airbus Helicopters’ multi-role H130 rotorcraft will soon accomplish additional duties as the first aerial work-configured member of this lightweight single-engine rotorcraft family now it has been delivered to Air Zermatt. Equipped with a new cargo sling, the H130 version will demonstrate its versatility by performing a full range of aerial work assignments, while also supporting
FLY Leasing Limited, a global leader in aircraft leasing, has released that it has contracted to sell 33 aircraft from its portfolio for a total of US$985m. This represents a US$35m pre-tax gain over approximate net book values as of June 30, 2015. The aircraft will transfer to the new owner over the course of
Supporting its expanding brokerage business 28 East has reported the delivery of its first aircraft completion project, an Airbus Corporate Jet ACJ319. The green aircraft was completed at the Woensdrecht Fokker Facility in Holland and took just over a year to finish. It was delivered to its home base Munich, in April, where the operator
