Aircraft & Engines

GE Capital Aviation Services (GECAS) signed a lease agreement with South Korean low-cost carrier Jeju Air for two Boeing 737-800 aircraft. The aircraft are scheduled for delivery in 2014 to expand the carrier’s fleet. Jejuair currently operates 13 Boeing 737-800s, its first delivered in 2008. It maintains three domestic routes and 15 international routes. Jeju

Embraer Commercial Aviation welcomes Saratov-based Saratov Airlines (Saravia) as the first E-Jet customer in Russia. The airline has leased two E195s that will start operations in the coming weeks. The E190 and E195 were certified by Russia’s Interstate Aviation Committee in December 2012. The E195s will be configured with 114 seats in dual class and

GE Aviation’s largest turboshaft engine — the GE38 — has completed a 300-hour cyclic durability test on the road toward qualification for the U.S. Marine Corps’ future CH-53K heavy-lift helicopter. “The prototype GE38 engine completed one of the toughest engine tests we have ever run at GE, spending the longest time at maximum redline temperatures

Norwegian has signed an agreement to acquire two new Boeing 787-9 Dreamliners. Both aircraft will be delivered in the first quarter of 2016. The 787-9 is larger than the 787-8 that Norwegian currently operates on its long-haul routes. Norwegian continues to expand its international operations by signing an agreement with MG Aviation to lease two

Configured for passenger transport, the Dornier 228 fleet will be deployed to connect remote villages with regional hubs across Venezuela, substantially improving accessibility throughout the country. The ten aircraft comprise 8 new units of the Dornier 228 New Generation and 2 pre-owned units of the Dornier 228-212. The Venezuelan government has become the first fleet

AirAsia X, the long haul affiliate of the AirAsia Group, has placed a firm order with Airbus for 25 more A330-300s. The contract is the largest A330 order received by Airbus in a single purchase agreement and increases the carrier’s total firm orders for the type to 51. These will be supplemented by another six

Finnair has signed a Memorandum of Understanding (MoU) with global aircraft leasing and financing company Novus (Novus Aviation Capital) on the sale and leaseback of two Airbus 330 aircraft. The value of the arrangement is approximately €110m. The financial arrangement is part of the long-haul fleet renewal program, in which the current Airbus 330 and

Werner Aero Services’ Jet Engine Division has completed the placement of four of its V2500-A5 engines this quarter with a major commercial customer. The engines were part of Werner’s Engine Division pool prior to the sale. Werner’s Jet Engine Division provides engine solutions to its customers around the world, focusing primarily on V2500, PW2000 and

International Lease Finance Corporation (ILFC) has signed an agreement with Air Calédonie International (Aircalin), New Caledonia’s international airline, for the lease of a used Airbus A320-200. The aircraft will support the airline’s efforts to meet growing demand for air travel in the region. The aircraft is scheduled for delivery in the middle of 2014 and