FLY Leasing Limited (FLY), a global lessor of modern commercial jet aircraft, taken delivery of a new B787-8 aircraft. The aircraft was acquired through a purchase and leaseback agreement with LATAM previously announced in July. The purchase was financed with funding from a European bank and FLY’s own cash.
According to Airbus’ new Cargo Global Market Forecast, world-wide air freight traffic will grow by an average of 4.8% annually over the next 20 years, almost doubling the required global freighter fleet to nearly 3,000 aircraft. This projected growth is driven by numerous positive global trends in economic activity, including world trade, private consumption, and
AgustaWestland released that the first production AW189 8 tonne class twin engine helicopter performed its maiden flight at Vergiate plant (Italy) on October10th. The aircraft is expected to be delivered to Bristow Helicopters by year end to carry out offshore transport missions in the North Sea, with operational readiness planned in early 2014. Additional two
BOC Aviation has agreed to lease six Boeing 737-800 aircraft to SpiceJet to expand its routes in the Indian domestic market. SpiceJet has just taken delivery of the first of the six aircraft, with the balance to be delivered in 2014.
Boeing has delivered EL AL Israel Airlines’ first Next-Generation 737-900ER (Extended Range) airplane. The delivery is the first of six 737-900ERs the Israeli flag-carrier has on order and is the latest addition to EL AL’s all-Boeing fleet.
Etihad Airways announced its intention to purchase from Air India five Boeing 777-200 LRs, the longest range passenger aircraft in operation to support its accelerated network growth plan. The two carriers signed a letter of intent in Mumbai earlier this week paving the way for the deal. The 777-200 LRs will be used on the
Boeing and Jetstar Airways celebrated the delivery of the carrier’s first 787 on October 8th, which is also the first Dreamliner for Australia. “Today is a historic milestone for the Qantas Group and Jetstar as we welcome the most advanced passenger aircraft ever constructed to the fleet,” said Qantas Group CEO Alan Joyce. “In just
Japan Airlines (JAL) has signed a purchase agreement for 31 A350 XWBs (18 A350-900s and 13 A350-1000s), plus options for a further 25 aircraft. This is JAL’s first ever order for Airbus aircraft. It is also the first order Airbus has received from Japan for the A350 XWB, confirming its continuing success with world leading
International Lease Finance Corporation (ILFC) has signed a 12-year lease agreement with SriLankan Airlines (SriLankan), the national carrier of Sri Lanka, for three A350-900 aircraft. The aircraft will support the airline’s long-haul fleet renewal.
Avolon, the international aircraft-leasing group, issued a trading update for the third quarter of 2013. At the end of the period, Avolon’s committed fleet reached 179 aircraft serving 37 customers in 24 countries. Avolon also recently announced the pricing of US$636m of Fixed Rate Asset Backed Notes by Emerald Aviation Finance Limited which will use
