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
Trans States Airlines, a wholly owned subsidiary of Trans States Holdings, has finalized an agreement with American Airlines to operate at least 15 Embraer E145 aircraft under the American Eagle brand. Deliveries are slated to begin in April of 2015 at a rate of two per month until all aircraft are in place. Trans States
Boeing released that Kuwait Airways has announced its intent to purchase 10 777-300ER (Extended Range) airplanes worth US$3.3b at current list prices. The order will be posted on Boeing’s Orders & Deliveries website when finalized.
Component testing of the TAPS III (twin-annular pre-mixing swirler) combustor for the GE9X engine for the Boeing 777X is demonstrating promising results. The GE9X TAPS III combustor is a unique third-generation combustion system that pre-mixes air and fuel prior to combustion for leaner burn and fewer emissions than conventional combustion systems. The TAPS combustion was
Delta Air Lines has chosen the Airbus A350-900 and A330-900neo to replace older generation Boeing 747 and 767 aircraft starting in 2017 and 2019, respectively. The order for 25 state-of-the-art Airbus A350-900 aircraft and 25 advanced Airbus A330-900neo aircraft fits within Delta’s existing capacity and capital expenditure plan and continues the airline’s focus on making
Hawker Pacific, a leading aircraft sales and product support company in Asia, the Pacific and the Middle East, announced the first Australian order for two new Beechcraft King Air 350C Heavy Weight aircraft. The Royal Flying Doctor Service (Queensland Section) (RFDS) has purchased two of the specialised cargo aircraft from Hawker Pacific. The King Air
GA Telesis (UK) has purchased six Airbus A321s (CFM56-5B) last operated by Alitalia. GA Telesis has taken delivery of the first aircraft, MSN 434, and the remaining aircraft will be delivered through the end of 2014 and subsequently remarketed by the GA Telesis Asset Transaction Group (ATG). The first aircraft was delivered to Kemble, United
AWAS has delivered a third aircraft, one A320-200, as part of a four aircraft transaction with PT Lion Mentari Airlines (Lion Air) for three 737-800s and one Airbus A320. These new aircraft were purchased directly by the airline from their respective manufacturers. AWAS is providing a financing solution for all four aircraft and then placing
SkyWest announced fleet transitions and contract updates designed to improve SkyWest’s overall efficiency and long-term profitability. Specifically, SkyWest announced that SkyWest Airlines, its wholly-owned subsidiary intends to transition to an all-jet fleet by removing all remaining 30-seat Embraer 120 Brasilia turboprop aircraft (the “EMB 120s”) from service by summer 2015. The EMB 120 fleet retirement
The Boeing ecoDemonstrator 787 has begun flight testing more than 25 new technologies aimed at improving aviation’s environmental performance through every phase of flight. The Boeing ecoDemonstrator Program accelerates the testing, refinement and use of new technologies and methods that can improve efficiency and reduce noise. This new round of testing, using 787 Dreamliner ZA004,
