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Aircraft & Engines

PEMCO completes first B737-300 Freighter for Plane Business Leasing

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

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Airbus A350 XWB completes Route Proving World Tour

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

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Air Lease Corporation places two new Boeing 777-300ERs with KLM

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

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Airstream arranges lease of one DHC-8-Q300

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

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AWAS delivers second of four planned new passenger aircraft to Lion Air

AWAS has delivered a second aircraft, one 737-800, as part of a four aircraft sale and leaseback deal 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

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FLY Leasing acquires two more aircraft

Continuing its fleet growth, FLY Leasing, a global lessor of modern commercial jet aircraft, has acquired a Boeing 737-800 to be leased to a leading airline in North America and an Airbus A330-300 on lease to a leading airline in Asia. The Airbus aircraft is the first of three A330s that FLY is acquiring in

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