VAS Aero Services, a global leader in aviation logistics and aftermarket services, received a 747-400 with PW 4056 engines on consignment for teardown from Boeing. The 747 is the 32nd teardown VAS has managed for Boeing since 1992 in a contract that extends through 2020.
SAS has secured financing of four Airbus A330-300 Enhanced through the signing of a sale and leaseback agreement with the Chinese bank Bocomm. The aircraft will be delivered during the latter part of 2015 and the beginning of 2016. The agreement means that SAS, at the time of delivery for respective aircraft, will sell the
GE Capital Aviation Services (GECAS) announced completion of a purchase-and-leaseback transaction with Philippine Airlines involving a new Airbus A330-300 aircraft.
Precision Aircraft Solutions announces its ninth SF Airlines input. The Precision conversion, a 757-200 passenger-to-freighter conversion, will be delivered by year’s end. The Chinese cargo airline has been working with Precision since 2009. The SF Airlines conversion marks the 45th overall for the Precision organization to date. The project is being completed at Air China
PEMCO World Air Services (PEMCO) announced the redelivery of its inaugural Plane Business Leasing aircraft, a B737-300 freighter (MSN 28567). The conversion was completed at PEMCO’s partner facility COOPESA (San Jose, Costa Rica). Plane Business Leasing secures classic and new generation aircraft to provide affordable leasing options for airlines. The U.K. based company supports growing
Air Lease Corporation announced the placement of one Airbus A320 aircraft at VivaColombia on long term lease, scheduled for delivery in spring 2015. Originally acquired by ALC in May 2011, the aircraft is presently on lease to an airline in Asia and is equipped with CFM56-5B engines.
The Airbus A350-900 has successfully completed a series of Route Proving trials, receiving an enthusiastic welcome at each of the 14 cities it has visited over the past three weeks. At the technical Route Proving the aircraft must demonstrate its readiness for airline operations on a global scale. This last series of trials is required
Air Lease Corporation announced long term lease agreements with KLM (The Netherlands) for two additional new Boeing 777-300ER aircraft, scheduled for delivery in the second half of 2016 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early
Surf Air announced a total order of up to 65 new Pilatus aircraft (15 firm orders and 50 options) to be delivered over the next five years, with a total order value of approximately $312m. The first 15 aircraft are being financed by a $65m senior facility from White Oak Global Advisors, alongside an additional
Airstream International Group has arranged, on behalf of a large US based Lessor, the dry lease of one DHC-8-Q300, MSN557 (8Q-IAK), to Island Aviation Services of the Maldives. MSN557 was previously owned and operated by Caribbean Airlines before being purchased by the lessor in 2013 as part of a five aircraft package, a transaction that
