China Express Airlines has converted a previously announced conditional order for six CRJ900 NextGen regional jets to a firm order. The transaction includes options on an additional five CRJ900 NextGen aircraft. As previously announced, and based on the list price of the CRJ900 NextGen airliner, the firm order contract is valued at approximately US$264m and
Arkia Israeli Airlines, the second biggest Israeli airline, signed a purchase agreement for four A321neos at the Farnborough International Airshow. This order makes the airline a new Airbus customer and the first airline in Israel to order the A320 neo Family. Engine selection will be announced at a later date. The aircraft will be configured
Pratt & Whitney and Norwegian Air Shuttle signed a memorandum of understanding to power 50 firm Airbus A320neo family aircraft with PurePower PW1100G-JM engines with first delivery scheduled in 2016. “We chose the PurePower engine because we believe it offers the greatest long-term benefits in terms of reduced fuel burn and lower maintenance costs,” said
Cebu Pacific Air, the Philippines’ largest carrier, has selected Pratt & Whitney PurePower PW1100G-JM engines for its order of 30 firm and 10 option A321neo aircraft. The agreement also includes a ten-year PureSolution maintenance package for each engine. Deliveries are scheduled to begin in 2017.
Boeing and Air Lease Corporation (AL) announced a firm order for 60 737 MAX 8 and 15 737 MAX 9 airplanes, with reconfirmation rights for 25 additional 737 MAXs. The aircraft will be powered by LEAP-1B-engines, valued at approximately $1.9bn at list price. ALC has ordered a total of 170 airplanes from Boeing including 75
International Lease Finance Corporation (ILFC) announced the purchase and leaseback transaction with Emirates airline for four new Boeing 777-300ER aircraft. Deliveries are scheduled to begin this month and will be completed by January 2013.
Nexcelle, the nacelle systems joint venture of GE’s Middle River Aircraft Systems and the Safran group’s Aircelle, has completed a successful test program for the advanced thrust reverser element of its next-generation Integrated Propulsion System (IPS) technology. The thrust reverser was validated with Nexcelle’s new nacelle demonstrator, called PANACHE (Pylon And Nacelle Advanced Configuration for
Virgin Australia announced an agreement with Boeing to order 23 Boeing 737 MAX 8 aircraft, the first in Australia. The fuel-efficient aircraft will join Virgin Australia’s fleet between 2019 and 2021. The agreement includes four additional delivery options, ensuring flexibility to respond to market conditions. To align with its current capacity plan for the next
AerCap and AerDragon, its Chinese joint venture, have signed purchase agreements for the acquisition of five new Airbus A330-300s which will be leased to Singapore Airlines. AerCap will lease four of the aircraft and AerDragon will lease one of the aircraft to Singapore Airlines. Aengus Kelly, CEO of AerCap, said:”This transaction with Singapore Airlines and
Volvo Aero has delivered its first components for the new PurePower PW1100G-JM engine for the Airbus A320neo family of aircraft, scheduled to enter service in 2015. The components have been sent to Pratt & Whitney in the USA where they will be installed in the first engine to be tested this autumn. This is a
