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Aircraft & Engines

FLY Leasing to sell eight Boeing 757 aircraft

FLY Leasing, a global lessor of modern commercial jet aircraft, has agreed to sell eight of the 11 Boeing 757 aircraft in its fleet. The sales are expected to close by the end of 2015. “The sale of these eight older B757 aircraft, averaging 15.7 years of age, will lower the average age of our

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Airstream arranges ATR42-320 transaction

Airstream has arranged the placement of an ATR42-320 with RJM Aviation on behalf of Regourd Aviation, France. The aircraft, serial number 093 and registration F-GVZJ, has departed Toulouse Blagnac airport en route to Ndjamena, Chad where it will undertake operations related to the oil and gas industries. This is the eighth ATR that Airstream has

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Loong Air selects CFM’s LEAP-1A to power new A320neo fleet

China’s Zhejiang Loong Airlines signed an agreement with CFM International to purchase LEAP-1A engines to power nine Airbus A320neo aircraft. CFM values the engine order at US$260m at list price, including spare engines. Zhejiang Loong Airlines, based in Hangzhou in Eastern China, began commercial operations in December 2013 with two CFM56-5B-powered Airbus A320 aircraft and

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China Express Airlines ordered 16 Bombardier CRJ900 NextGen aircraft

China’s sole specialized regional airline, China Express Airlines (China Express), is the previously announced unidentified customer that had placed a firm order for 16 CRJ900 NextGen regional jets and had taken options for eight additional airliners of the same type. This purchase agreement was initially announced on June 30th, 2014. As previously announced by Bombardier,

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Trans States Airlines to add 36 aircraft

Trans States Airlines will operate 36 Embraer E145 aircraft provided by United Airlines. Trans States expects to begin taking delivery of and starting scheduled service with these aircraft under the United Express brand and livery in February 2015, with deliveries slated to continue through the first quarter of 2016. Trans States Airlines has been providing

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Traffic involving Spain to grow at 3.1% annually over the next 20 years

According to the latest Airbus Global Market Forecast, air traffic involving Spain will double by 2033 compared to 2013. This includes domestic as well as international travel to and from the country. Madrid and Barcelona will join the group of aviation megacities by 2033 with major traffic flows connecting to/from Latin America. Domestic and international

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