ATR and Indonesia’s Lion Group have signed a US$1bn purchase agreement for 40 additional ATR 72-600s, hiking the firm order total for the newest generation ATR turboprops to 100 aircraft. This latest signature marks a milestone in ATR’s history, as Lion Group becomes ATR’s largest customer ever. There are currently three subsidiary airlines in the
Royal Aero has leased a CFM56-3 engine on a green-time lease to Sriwijaya Air, one of the largest domestic carriers in Indonesia with over 700,000 passengers per month. The special advantage of green-time leasing is the minimal level of inspection at lease return. The leasing period equals the remaining operational life of the engine (green-time),
The Aviation Register of Interstate Aviation Committee (IAC AR) issued a Supplemental Type Certificate for the Sukhoi Superjet 100 (SSJ100), permitting the usage of Vertical Navigation (VNAV) functionality at all stages of flight. The Sukhoi Superjet 100 represents the first Russian built aircraft to achieve VNAV certification at all stages of flight. IAC AR confirmed
Boeing delivered the sixth P-8I maritime patrol aircraft to India, on schedule, on Nov. 24th, arriving at Naval Air Station Rajali to join five others being used by the Indian Navy. The P-8I is part of a contract of eight awarded in 2009. The final two deliveries are scheduled for 2015. Based on the company’s
Intrepid Aviation delivered one new Airbus A330-300 to Sichuan Airlines. The aircraft is powered by Rolls Royce Trent 772C engines and is subject to a long-term lease to the Chengdu-based airline. Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation focuses primarily on twin-engine
Bangkok Airways took delivery of its first ATR 72-600 at a special ceremony in Toulouse, France. The handover marked a key milestone in the carrier’s development as it plans to take delivery of nine new ATR aircraft from now until 2017. The new-comer will join Bangkok Airways’ existing fleet of ATR 72-500s and will be
Ruili Airlines took delivery of the airline’s first direct purchase Next-Generation 737-700. Ruili is a newly established private airline based at Changshui International Airport in Kunming, the capital city of China’s Yunnan province. The new airplane is the first of 14 737 orders and commitments from Ruili Airlines, including eight 737-700s and six 737 MAXs.
Embraer and SkyWest have confirmed a firm order for seven E175 jets. The aircraft will be flown by SkyWest Airlines under a Capacity Purchase Agreement (CPA) with Alaska Airlines. The value of the firm order, which will be included in Embraer’s 2014 fourth-quarter backlog, is estimated at US$301m, based on 2014 list prices. These aircraft
Frontier Airlines has placed a firm order for nine Airbus A321ceo (current engine option) aircraft. This is the first time Frontier has ordered the largest member of the Airbus A320 Family. The airline currently flies a fleet of 35 A319ceo, and 20 A320ceo aircraft. In addition, Frontier has on its order backlog 80 A320neo (new
FLY Leasing, a global lessor of modern commercial jet aircraft, has purchased and leased back three new Airbus A321 aircraft with a leading Asian airline. FLY is taking delivery of six brand new aircraft this quarter,” said Colm Barrington, CEO of FLY. “Along with the recently announced addition of three new Boeing 737-800s, the acquisition
