ATR and the Spain’s Canary Islands carrier Binter Canarias announced a contract for the sale of six firm ATR 72-600 aircraft, valued at almost $150m. With the acquisition of the fleet of these newest ATR ‘-600s’ the airline will enter into the renewal process of their current fleet of 18 ATR 72s which have been
GE Capital Aviation Services, the commercial aircraft leasing and financing arm of GE, signed a contract with Myanma Airways, the flag carrier of Myanmar, to lease 10 new Boeing narrow bodies. Deliveries of the new leased aircraft are scheduled to begin in June 2015 and come from GECAS’ existing order book with Boeing. The contract
Controladora Vuela Compania de Aviacion (Volaris), the ultra-low-cost airline serving Mexico, and the US, has signed a letter of intent with a leading aircraft lessor for 16 aircraft, comprised of ten new A320neo and six new A321neo, driving fleet growth while significantly enhancing efficiency. These NEO aircraft, powered by Pratt & Whitney’s PW1100G engines, will
Boeing (BA) says strong economic and passenger growth will be main drivers of new airplane demand in the Asia Pacific region. Boeing estimates the region’s airlines will need an additional 12,820 airplanes valued at $1.9 trillion, representing 36% of the world’s new airplane deliveries over the next 20 years. “Asia Pacific economies and passenger traffic
Testing continues on the high pressure compressor (HPC) module for the GE9X engine that will power Boeing’s 777X aircraft. The tests began in September at a GE Oil & Gas testing facility in Massa, Italy, and the module has accumulated close to 300 hours of testing today. “The test results for the GE9X HPC rig
The CF34 engine captured more than 470 orders in the last 12 months as airlines revitalized their regional jet fleets. The rising order book is also boosting production rates for the engine. CF34 production rates will grow from more than 330 engines in 2013 to close to 400 engines in 2014 and more than 475
Boeing Business Jets (BBJ) celebrated the first two BBJ 787-8 deliveries of 2014. The deliveries, made over the past week to separate undisclosed customers, mark the second and third BBJ 787 airplanes delivered to date. The first BBJ 787-8 was delivered in December 2013. To date, customers have ordered 13 BBJ 787s, with deliveries occuring
London Air Services (LAS), one of Canada’s leading corporate jet service providers, takes off this year on a high note with the purchase of five new Bombardier Learjet 75 aircraft. The newest addition to an already diverse fleet will fly up to eight business travelers. The new 75 features improved travelling range as compared to
Boeing and LAM – Linhas Aereas de Mocambique announced an order for three Next-Generation 737-700 airplanes. The order, valued at $228m at list prices, includes purchase rights for three additional Next-Generation 737s. The order, formally signed in November 2013 and was previously unidentified on the Boeing Orders & Deliveries website, is part of the Mozambique
GE Capital Aviation Services (GECAS) reported a purchase-and-leaseback transaction of four new Boeing 737-800 aircraft with Malaysian Airlines System (MAS). The first two aircraft delivered in January. The remaining two will be delivered in March and April.
