The modernisation of Lufthansa Cargo’s fleet continues: on February 12th, 2015, the fifth Boeing 777F of the cargo airline landed in Frankfurt for the first time. On a flight lasting approximately nine hours, the crew under chief pilot Claus Richter had transferred the Triple Seven safely from Everett near Seattle to its new home airport.
Sanad Aero Solutions GmbH (Sanad), a wholly-owned subsidiary of Mubadala Development Company, has increased its leasing portfolio of spare engines and components with Etihad Airways through the addition of new assets valued at US$100m, including spare GEnx and GP7200 engines and spare landing gear and nacelles, to support the airline’s growing fleet of B777, B787,
Boeing and Korean Air finalized an order for five 777 Freighters. The order, valued at more than US$1.5bn at current list prices, will add further efficiency and reliability to Korean Air’s all-Boeing freighter fleet. As one of the world’s largest cargo airlines, Korean Air currently operates an all-Boeing freighter fleet of 26 airplanes that includes
LUXAIR Société Luxembourgeoise de Navigation Aérienne S.A. (“Luxair”), the national airline of the Grand Duchy of Luxembourg, signed a firm purchase agreement for three Q400 NextGen aircraft and options on an additional two Q400 NextGen aircraft. Based on the list price of the Q400 NextGen aircraft, the firm order is valued at approximately US$100.3m and
Air Lease Corporation delivered one new ATR 72-600 aircraft to APEX Airlines (Myanmar), a new customer for ALC. This aircraft is from ALC’s order book with ATR. “ALC is pleased to add APEX Airlines as a new customer. This fuel efficient ATR 72-600 will support APEX’s growth in Myanmar’s rapidly expanding commercial aviation industry,” said
Pratt & Whitney PurePower engines will provide exclusive power for 32 Mitsubishi Regional Jets (MRJ) under an agreement announced by Japan Airlines (JAL) and Mitsubishi Aircraft Corporation. PW1200G engines will power the aircraft and Pratt & Whitney will provide fleet management support services for the engines. Pratt & Whitney was previously selected as the exclusive
Boeing and Transavia Company, a wholly owned subsidiary of the Air France KLM Group, announced an order for 17 Next-Generation 737-800s, including options for three additional airplanes. The order, valued at US$1.6bn at current list prices, was previously booked and attributed to an unidentified customer on the Boeing Orders & Deliveries website. The order will
LCI, the aviation leasing arm of The Libra Group, has committed to expand its helicopter fleet with firm orders for a further 11 AgustaWestland aircraft valued at US$125m (€110m). The new aircraft, which are converted from options held by the helicopter lessor, are made up of a mix of AW139, AW169 and AW189 aircraft. The
Embraer delivered to American Airlines the first of 60 firm order E175 jets under the contract signed between the two companies in December 2013. The contract also included options for another 90 E175s, taking the total order potential to 150 aircraft. American Airlines selected Compass Airlines, a wholly owned subsidiary of Trans States Holdings, to
Waypoint Leasing (Ireland), one of the largest independent global helicopter leasing companies, has closed on a multi-aircraft agreement with RLC, the largest privately held helicopter operator in the Gulf of Mexico. The initial transaction includes the purchase and leaseback of 10 helicopters, including the Bell 407 and Bell 206L4, supporting near-shore shelf production of natural
