Embraer has delivered 25 jets in the first quarter of 2024 (1Q24), marking a substantial increase of 67% compared to the 15 aircraft delivered in 1Q23. Notably, Executive Aviation witnessed robust delivery growth, soaring from eight to 18 jets during the same period in 2023. These deliveries represent the highest first-quarter performance in the last
SkyWorks Holdings hasndisclosed the transactions and engagements conducted during the first quarter of 2024 across its Leasing & Asset Management and Investment Banking & Advisory Groups. Under the Leasing & Asset Management Group, SkyWorks facilitated the sale of two A321-200 aircraft leased to Aegean Airlines on behalf of Sierra Echo Aircraft Leasing. Additionally, SkyWorks negotiated
AEGEAN has announced its strategic decision to invest in an extended-range and upgraded cabin quality version of the Airbus A321neo, creating a dedicated “special purpose” sub-fleet initially comprising four aircraft. These specially configured A321neo aircraft will be capable of reaching further destinations, primarily targeting markets to the South and South-East of Greece. Equipped with additional
Eve Air Mobility (Eve) has signed a letter of intent with AirX Inc., Japan’s largest public helicopter air charter service, for up to ten firm and up to 40 optional electric vertical take-off and landing (eVTOL) aircraft. The order will support the continued development and scaling of innovative transportation operations in Japan. AirX is a
CMA CGM AIR CARGO is set to launch a transpacific route linking Asia to North America in the summer of 2024, marking a significant step forward in its development strategy. To facilitate service expansion to new destinations, CMA CGM AIR CARGO will take delivery of two Boeing B777-200F aircraft this year. The first aircraft, expected
In the first quarter of 2024, BOC Aviation conducted a series of significant transactions, showcasing its robust operational performance. These transactions included adding ten aircraft to the delivery pipeline for 2024 and finalising 31 lease commitments, marking the strongest first-quarter performance since 2020. Moreover, the company maintained strong momentum in aircraft sales, with five aircraft
Pratt & Whitney Canada (P&WC) has marked a significant milestone with the PT6A engine, surpassing 25 million flight hours and 40 years of powering the Cessna Caravan turboprop family for Textron Aviation. “The Cessna Caravan continues to define adventure and flying freedom and the pairing between this family of aircraft and the PT6A engine is
Abelo, the Irish-based lessor, has announced the lease of a new ATR72-600 aircraft to Olympic Air, a member of the AEGEAN Group. The aircraft, part of Abelo’s order of thirty ATR aircraft, has just been delivered to Olympic Air. This strategic addition will support Olympic Air’s efforts to expand its regional presence in Greece. Since
The Japan Coast Guard (JCG) has placed an additional order for three H225 helicopters, increasing its total H225 fleet to 18. As the largest Super Puma operator in Japan, the Coast Guard received three H225s in December 2023 and one in February 2024 to bolster its expanding fleet. These new helicopters will support territorial coastal
CFM International has dispatched the inaugural production LEAP-1A engines equipped with its new reverse bleed system (RBS) to Airbus, anticipating entry into commercial service by mid-year. This new production configuration hardware will also undergo installation in the existing fleet by airlines and overhaul shops. Additionally, CFM plans to introduce the RBS on the LEAP-1B engine.
