Avolon, the international aircraft leasing group, issued a trading update for the second quarter of 2014. Avolon took delivery of 13 owned and 2 managed aircraft in the second quarter, secured additional debt commitments of US$920m and ended the period with an owned, managed and committed fleet of 202 aircraft.
Airbus Helicopters signed a record 123 civil helicopters with three customers from various Chinese provinces on July 7h. The rotorcraft will be used for general aviation activities covering multiple missions including utility work, aerial tours, passenger transport, business aviation, emergency medical services and search and rescue. The three contracts were signed with Fujian Xinmei General
AgustaWestland and Australian Helicopters reported the signature of a contract for AW139 intermediate twin-engine helicopters that will be operated for Ambulance Victoria under a 10 year agreement to perform Emergency Medical Service (EMS) missions. The aircraft, which are expected to enter service in January 2016, will be based at Essendon, Bendigo, Latrobe Valley and Warrnambool
GA Telesis added two on-lease A320 aircraft to its GAIN Investment platform. Earlier GA Telesis had announced it raised $500m from institutional and private clients advised by Wafra Capital Partners to establish a new aviation investment vehicle focused on aircraft and engine investment opportunities. The vehicle, named GA Telesis Aviation Investments (“GAIN”), also utilizes GA
Ethiopian Airlines has added an eighth Boeing 787 Dreamliner to its rapidly expanding fleet. The new aircraft was delivered on June 26th. This latest additional aircraft will support the increased frequency of flights between London Heathrow and Addis Ababa as the airline moves to a daily schedule from London Heathrow on July 8th.
Jet Asia Airways and EuroAtlantic Airways signed a wet lease agreement for a Boeing 767. On July 2, 2014, the Boeing 767 was delivered to Lisbon to be operated throughout Europe and Africa on behalf of EuroAtlantic Airways.
Expanding Guernsey, Channel Islands-based regional carrier Aurigny Air Services took delivery of an E195 which will be used to add capacity on the carrier’s Guernsey – London Gatwick route. The E195 is configured with 122 slim seats in a single-class layout and is the first commercial jet for the airline. Aurigny will fly up to
Associated Aircraft Group, the East Coast’s premier executive helicopter service, has announced the addition of its fifth Sikorsky S-76 helicopter to its fleet of managed aircraft. The addition of this helicopter increases the total AAG fleet to nine aircraft throughout the Northeast. AAG has the largest fleet of Sikorsky S-76 aircraft available for charter and
The assembly of Airbus’ first A320neo has been completed following painting of the aircraft and the mounting of Pratt & Whitney PW1100G-JM engines. MSN6101, which will be the first A320neo to fly, will soon start its ground tests to prepare for first flight. The flight test campaign for the A320neo will kick-off in September 2014,
AviaAM Leasing reported the delivery of a Boeing 737-700 to one of major Kazakhstan’s carriers – SCAT Airlines. The aircraft is the first Boeing 737-700 in the carrier’s fleet. Under the latest cooperation, AviaAM Leasing has conducted cabin renewal and livery change works, as well as increased the aircraft’s maximum take-off weight and enhanced the
