Summit Air announced the purchase of a second AVRO RJ85 jet to meet market demand for remote destination crew movements and ACMI (aircraft, crew maintenance and insurance) contracts. Summit Air is part of the Ledcor Group of Companies and operates a fleet of helicopters and fixed wing aircraft throughout Alberta, British Columbia, Northwest and Yukon
Rolls-Royce & Partners Finance (RRPF) and DVB Bank SE (DVB) as investment advisor to the Deucalion Aviation Funds have completed a sale and lease-back transaction to finance V2500-A5 engines installed on five A320-200 aircraft. The aircraft were subject to existing leases purchased from Mitsui & Co US and are all on lease in the Americas
MBA Aircraft Solutions, on behalf of its clients, has completed the sale of three Rolls-Royce RB211s to AAR Corp (Wood Dale, IL).
Air Transport Services Group has completed a new agreement that extends its support of DHL’s air cargo network in the United States through at least March 2019. Principal elements of the new agreement include: • Extended dry leases through March 2019 for the 13 Boeing 767 freighters currently leased to DHL for its U.S. air
AerCap Holdings N.V. signed 249 aircraft lease transactions in 2014. Furthermore, the company purchased 33 and sold 83 aircraft. This means that AerCap leased, purchased or sold an aircraft every day. The full year numbers include aircraft transactions of the combined company for the period after closing of the ILFC acquisition on May 14th. Aircraft
Doric has negotiated the extension of leases with the airline Germania for 2 Airbus A319 aircraft prior to lease-end in March 2015. Both leases are to be extended for 6 years. In 2010, Lloyd Fonds entrusted Doric as the asset manager of both A319s to remarket the aircraft: the original operator, Hamburg International, had filed
JSC Aeroflot and JSC Sukhoi Civil Aircraft (SCA) have signed an agreement for an additional 20 of the latest Sukhoi Superjet 100 aircraft. Aeroflot will receive the additional SSJ-100s in full specification, able to accommodate 87 passengers in a spacious dual-class configuration (12 seats in business and 75 in economy) and with a flight range
Spanish carrier Air Europa has selected Rolls-Royce Trent 1000 engines and TotalCare long term service support, worth US$1.1bn, for 14 new Boeing 787-9 Dreamliner aircraft. Air Europa already has eight Trent 1000-powered 787-8s on order that will enter service in 2016. Juan Jose Hidalgo, President of Globalia, the parent company of Air Europa, said: “We
Mitsubishi Aircraft Corporation started full-scale testing of the Mitsubishi Regional Jet (MRJ) toward its first flight scheduled in the second quarter of this year. Mitsubishi Aircraft performed the first engine run for the starboard side engine of MRJ’s first flight test aircraft at the Nagoya Airport (Nishikasugai-gun, Aichi Prefecture) on January 13th, 2015. The first
Embraer delivered 30 commercial and 52 business jets, 38 light and 14 large jets, during the fourth quarter of 2014 (4Q14), thus closing out the year with 92 airplanes delivered to the commercial airline market and 116 to the executive aviation market, that is, 92 light and 24 large jets. On December 31, the firm
