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Aircraft & Engines

Fifth Avolon aircraft on lease to Pegasus

Avolon, the international aircraft leasing company, announces the delivery of a Boeing 737-800 aircraft to Pegasus Airlines. The delivery is Avolon’s fifth aircraft on lease to Pegasus, one of Europe’s fastest growing airlines. Headquartered in Ireland, with offices in the United States, Dubai, Singapore and China, Avolon provides aircraft leasing and lease management services. Avolon

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Boeing delivers 20th 787 Dreamliner to Air India

Boeing and Air India celebrated the airline’s milestone delivery of its 20th 787 Dreamliner from Boeing’s final assembly facility in North Charleston, S.C. The new Dreamliner also features the Star Alliance livery, Air India’s – and the world’s – first 787 to do so. The flag carrier joined the global airline network last year, reflecting

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Doric structures aircraft investments for family offices

Doric has structured investments in four regional aircraft for two family offices. Doric took delivery of the ATR72-500s in Finland at the end of March 2015. Each plane is leased to Finnair for a period of eight years. Three of the aircraft were 100% equity financed; one aircraft was part-financed by NordLB. In addition to

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Air China selects Rolls-Royce Trent 1000 engines

Air China has selected Rolls-Royce Trent 1000 engines and long-term TotalCare support. The engines will power 15 new Boeing 787-9 Dreamliner aircraft. The decision continues a strong relationship with the airline, which has 49 Trent 700-powered Airbus A330 aircraft in service, with four to be delivered, and ten Trent XWB-powered Airbus A350XWB aircraft on order.

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Boeing and ANA finalize order for three 787-10 Dreamliners

Boeing and All Nippon Airways finalized an order for three 787-10 Dreamliners, valued at approximately US$900m at list prices. With this order, originally announced as a commitment in January 2015, ANA becomes Boeing’s newest 787-10 customer and first airline in Asia to operate the entire family of 787 Dreamliners. ANA, the launch customer of the

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Embraer sells up to 34 additional E-Jets to Air France/KLM Group

Embraer announced a firm order for 15 E175s and two E190s from KLM Cityhopper, KLM’s regional subsidiary. The contract for the 17 E-Jets also includes an option for 17 additional E-Jets for KLM Cityhopper or Air France regional subsidiary HOP! The firm order, which will be included in Embraer’s 2015 first-quarter backlog, has an estimated

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Finnair finalizes sale and leaseback of six ATR 72 aircraft

On December 30th, 2014, Finnair signed a Memorandum of Understanding (MoU) with Doric Asset Finance GmbH for the sale and leaseback of six ATR72 aircraft. The transaction has now been concluded. The value of the transaction was approximately €80m and it has a positive impact of approximately €30m on Finnair operating profit in 2015. The

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