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Aircraft & Engines

SaudiGulf Airlines selects V2500 engines for four aircraft order

SaudiGulf Airlines has selected the International Aero Engines V2500 engine to power four A320ceo aircraft and has also signed an eight-year V-Services maintenance service agreement with IAE. SaudiGulf is a new airline based in the Kingdom of Saudi Arabia with headquarters in Dammam and is planning to commence services in 2015.

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Brazil's Azul signs LOI for up to 50 E195-E2 jets

Embraer has signed a Letter of Intent (LOI) with Azul Linhas Aéreas Brasileiras for 30 firm orders for the E195-E2 jets. The firm order is expected to be completed by the fourth quarter of this year, when the aircraft will be added to the Company’s backlog. Besides the firm order, the LOI includes additional 20

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Loong Air selects CFM56-5B to power new A320ceo fleet

China’s Zhejiang Loong Airlines has selected CFM International’s CFM56-5B engine to power 11 Airbus A320ceo aircraft. CFM values the engine order and associated service agreement at nearly $520m at list price, including spare engines. Under the terms of the Rate per Flight Hour (RPFH) service agreement, CFM will guarantee maintenance costs for all 24 CFM56-5B

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