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Aircraft & Engines

Ruili Airlines signs commitment for purchase of 30 Boeing 737 MAXs

Ruili Airlines has committed to purchase 30 737 MAXs with the financial support of AVIC International Leasing, amid a surge in China’s passenger traffic. The commitment, valued at US$3.2bn at current list prices, will be subject to the approval of the Chinese government and will be posted on Boeing’s Orders & Deliveries website once all

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Air Astana signs for Airbus A320 neo family aircraft

Kazakh flag carrier Air Astana signed a deal at the Paris Airshow for seven Airbus A320neo family aircraft, comprising two A320neo, one A321neo and four A321neo Long range (LR). The new aircraft will be acquired on operating leases basis from Air Lease Corporation. One A320neo is scheduled for delivery in spring 2016, with the remaining

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Minsheng Financial Leasing signs order for 30 737s

Boeing and Minsheng Financial Leasing (Minsheng) signed a Memorandum of Understanding (MOU) at the Paris Air Show for the purchase of 30 737 airplanes, a mix of Next-Generation 737 and 737 MAX airplanes. As one of the first five leasing companies approved by China Bank Regulatory Committee, Minsheng was founded in April 2008 by China

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Korean Air intends to purchase 30 737 MAXs

Boeing and Korean Air announced the airline’s intent to purchase 30 737 MAXs and two additional 777-300ER (Extended Range) jetliners, with options for an additional 20 737 MAXs. The agreement is valued at approximately US$3.9bn at current list prices. Boeing will work with Korean Air to finalize the order, at which time the order will

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Air New Zealand receives 7th ATR 72-600 at the Paris Air Show

Air New Zealand, one of ATR’s largest customers in terms of in-service and on order aircraft, today received its most recent ATR 72-600, continuing on its path of growth of the ATR fleet. On the occasion of the delivery ceremony, held at the Paris Airshow, the airline announced as well the purchase of an additional

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Garuda Indonesia signs LOI for up to 30 A350 XWB

Garuda Indonesia has signed a Letter of Intent (LOI) with Airbus for 30 A350 XWB aircraft. The agreement was signed at the Paris Air Show by Arif Wibowo, President and CEO, Garuda Indonesia, and Fabrice Bregier, President and CEO, Airbus. Under the Letter of Intent, Garuda Indonesia intents to purchase the A350 XWB. The A350

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First PurePower engine for Embraer E190-E2 initiates testing

Pratt & Whitney has completed assembly and is initiating testing of the first PurePower PW1900G test engine at its facility in East Hartford, Connecticut. The PW1900G engine, a derivative of the PW1500G engine, has been specifically designed for installation on the new Embraer E190-E2 and E195-E2 aircraft. The first PW1900G engine will initially conduct ground

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Wings Capital Partners purchases their sixth aircraft

Wings Capital Partners announced the purchase of a 2002 Airbus A320-200 adding to their growing portfolio. The aircraft was purchased from Airbus S.A.S., through their Asset Management Group and was subsequently leased to Iberia Express. “This acquisition builds upon long standing relationships we have with Airbus and we are delighted to have closed this transaction

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Braathens Aviation commits to up to 15 ATR 72-600s

ATR and Sweden-based Braathens Aviation signed a contract for the purchase of 5 ATR 72-600s and 10 optional aircraft as part of the company’s fleet upgrade strategy. Deliveries will commence at the end of 2015. The new aircraft, which will seat 72 passengers, will be operated on the carrier’s regional services in Sweden. The ATR

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