Monarch Airlines is finalizing terms and working towards a purchase agreement for 30 Boeing 737 MAX aircraft, to be powered by LEAP-1B engines. CFM values the engine order, when finalized, at $1.9bn at list price, including a long-term service agreement. Under the terms of the Rate per Flight Hour (RPFH) service agreement, CFM will guarantee
Nordic Aviation Capital has signed a total order for 75 ATR 42-600 aircraft, in a deal valued at over US$1.55bn. Deliveries will commence in 2015 through to 2020. By confirming this order for new ATR 42-600s – which includes 25 firm orders and 50 options for the type – NAC is once again demonstrating its
Air Lease Corporation selected GEnx-1B engines to power 30 Boeing 787 Dreamliner aircraft. The list price for the engine order is valued at more than $1.4bn.
Airbus has selected Rolls-Royce’s new Trent 7000 as the exclusive engine for the new Airbus A330neo. The Trent 7000, launched on Monday July 14th, is the seventh member of the Trent engine family. Over the last 19 years, Rolls-Royce Trent engines have accumulated more than 75 million flight hours. The majority of modern widebody aircraft,
American Airlines has selected CFM International’s advanced LEAP-1A engine to power its new fleet of 100 Airbus A320neo family aircraft. CFM values the engine order at $2.6bn at list price. The aircraft order was originally announced in July 2011 and American will begin taking delivery in 2017. American also has orders for LEAP-1B engines to
At the Farnborough Airshow, the turboprop aircraft manufacturer ATR announced that it has taken firm orders for 144 aircraft (119 ATR 72-600 and 25 ATR 42-600), with options for 112 additional aircraft, since the beginning of the year. This year’s contracts, of which many will be revealed during the week of the show, represent a
Boeing selected TRU Simulation + Training as its supplier for state-of-the-art full-flight training suites for the 737 MAX. The initial suite will include a full-flight simulator, a flat-panel training device and 10 desktop trainers which are anticipated to be ready for training in 2017 for customers new to both the Next-Generation 737 and 737 MAX.
GE Capital Aviation Services Limited (GECAS) announced delivery of a new leased Airbus A330 aircraft to China Airlines to modernize its fleet. The aircraft is from GECAS’ existing order book with Airbus.
Rolls-Royce Trent 1000 engines will power the first delivery flight of the Boeing 787-9 Dreamliner, to Air New Zealand, ahead of the aircraft’s entry into service. The delivery flight marks a new era in the relationship between Air New Zealand and Rolls-Royce. The airline was the first to order Trent 1000 engines, for 10 Boeing
Boeing projects a demand for 36,770 new airplanes over the next 20 years, an increase of 4.2% from last year’s forecast. The company released its annual Current Market Outlook (CMO) on July 10th in London, estimating the total value of those new airplanes at $5.2 trillion. Fueling this year’s forecast is the single-aisle market, which
