Transat A.T. has signed two agreements for the seasonal leasing of Boeing 737 narrow-body aircraft, to be provided during the winter months by Europe Airpost, a French airline that is a subsidiary of the ASL Aviation group, as well as Czech carrier Travel Service Airlines. The agreements cover the leasing of two B737-700s and two
IAG has decided to convert eight A330-200 options, previously announced, into firm orders for Spain’s flag carrier Iberia, which will become a new operator of the A330-200. The aircraft will be delivered from the end 2015 and will be equipped with GE CF6 engines. Iberia’s all Airbus fleet already includes eight A330-300s.
Airstream International Group has arranged, in collaboration with a large US based lessor, the purchase and onward lease of one ATR42-500 to Hevilift Group. MSN497, previously owned and operated by Danish Air Transport, Denmark, will be used on dedicated mining contracts in Papua New Guinea. This is the second ATR aircraft transaction that Airstream has
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced the completion of a purchase-and-leaseback transaction with Philippine Airlines involving two new Airbus A321 aircraft. The two aircraft — one delivered in August, and the other earlier this month — will be used to expand the airline’s fleet. Philippine Airlines,
Finnair will operate its flight from Helsinki to New York on September 23rd, with an Airbus A330 using environmentally sustainable biofuel, coinciding with the UN Climate Summit taking place in New York on the same day. As a leader in the sustainable development of commercial aviation, the airline believes strongly in proactive measures to manage
Boeing and Ethiopian Airlines announced an order for 20 737 MAX 8s. The order, previously unidentified on the Boeing Orders & Deliveries website, is worth more than $2.1bn at list prices and also includes options and purchase rights for a further 15 737 MAX 8s. The order represents the largest single Boeing order by number
AWAS has placed three widebody 767-300ER passenger aircraft with current customer Boliviana as part of the airline’s plan to commence long-haul service from Cochabamba to Miami in the US, and Madrid, Spain. Two of the three aircraft will be placed into immediate service to launch the Miami and Madrid destinations, while the third will be
Amentum, the Dublin based commercial aircraft leasing company, has arranged the acquisition of two factory new 737-900ER aircraft for investor customer Archway Aviation (an Irish based operating lessor) in a sale & lease back transaction with Lion Air. The first aircraft (MSN 39880) was delivered on September 15th. The second aircraft (MSN 39878) will be
In light of the continued strong financial performance of easyJet and confidence in the future, the Board has decided to increase the payout ratio for the ordinary dividend from one third of profit after tax to 40% of profit after tax from the financial year ending 30 September 2014. Additionally easyJet has reached agreement with
VistaJet, a leading global business aviation company, is adding $320m worth of new aircraft to its fleet as part of its ongoing worldwide expansion strategy. This represents the largest number of wide-body business jets to be delivered by Bombardier to a single customer within a 30-day period. The eight new jets include three Bombardier Global
