European turboprop manufacturer ATR and the leasing company Air Lease Corporation signed an agreement for the purchase of seven additional ATR 72-600s. Air Lease Corporation has purchased ATRs every year since its first contract at Farnborough in 2010. With today’s agreement, ALC now has 28 ATR 72-600s in its portfolio.
Air Lease Corporation has ordered six GE90-115B-powered Boeing 777-300ER aircraft. The engines are valued at more than $400m list price.
BOC Aviation announced an order with Airbus for an additional 43 A320 Family aircraft, comprising seven NEOs and 36 CEOs across A320 and A321 variants, scheduled for delivery in the period to 2019. The first eight A320ceo aircraft powered by engines from IAE have been placed. Engine decisions for the rest of the fleet will
Dublin-based international aircraft leasing company Avolon has increased its order for CFM International’s LEAP-1B engine to power 20 new Boeing 737 MAX aircraft, including five 737 MAXs which it has today reconfirmed with Boeing. CFM values the total engine order at $520m at current list prices.
Seattle-based Horizon Air Industries, has signed a firm purchase agreement for one Bombardier Q400 NextGen turboprop airliner. The airline retains its options on another seven Q400 NextGen aircraft as announced previously. Additionally, Bombardier and Horizon Air signed a five-year heavy maintenance agreement whereby Bombardier will perform heavy maintenance tasks for the airline’s fleet of 52
Boeing and Air Lease Corporation signed an order for 26 airplanes – six 777-300ER (Extended Range) and reconfirmed 20 737 MAX 8 airplanes, valued at $3.9bn at current list prices. This 737 MAX order for 20 airplanes brings Air Lease Corporation’s combined orders for the 737 MAX to 104 airplanes. The 777-300ER order marks the
Embraer has released its Market Outlook 2014-2033 which details the Company’s forecast for deliveries of new 70 to 130-seat jet aircraft over the next twenty years. The report examines the main drivers contributing to air transport growth and reviews projected deliveries by world region. The Market Outlook identifies a need for 6,250 jet aircraft in
Airbus has launched the A330-800neo and A330-900neo, two new members of its Widebody Family, which will incorporate latest generation Rolls-Royce Trent 7000 engines, aerodynamic enhancements and new cabin features. Benefitting from the unbeatable economics, versatility and high reliability of the A330, the A330neo reduces fuel consumption by 14% per seat, making it the most cost
International Airlines Group (IAG) has converted 20 of the 100 Airbus 320neo options, it announced in August 2013, into firm orders. These aircraft will be delivered in 2018 and 2019 and will provide both cost savings and environmental benefits. New technology and improved aerodynamics will lower fuel burn and CO2 emissions by 15%, as well
Zhejiang Loong Airlines (Loong Air) has signed a Letter of Intent to acquire 20 CS100 airliners. The operator, based in Hangzhou, the capital city of Zhejiang province, China began domestic service in 2013.
