2013 is proving to be another stellar year for CFM International (CFM), with the company logging orders for more than 1,255 LEAP engines, as well as 1,172 orders for CFM56 engines through October. These orders—2,427 total engines— have a combined value of $25.7bn at list price, including commercial, military, and spare engines. By comparison, CFM
Etihad Airways, the national airline of the United Arab Emirates, announced a firm order for 56 new Boeing wide-body aircraft, with options and purchase rights for a further 26, to support its continued global expansion. The order represents an investment of up to US$ 25.2bn at list prices, including related engines. The deal, unveiled at
Pegasus Airlines has finalized its order for CFM International’s advanced LEAP-1A engine to power 100 Airbus A320neo/ A321neo aircraft. The agreement is valued at approximately $4.3bn at list price, including the long-term service agreement. Under the terms of the 20-year Rate per Flight Hour (RPFH) maintenance agreement, CFM will guarantee maintenance costs on a dollar
According to Airbus’ latest Global Market Forecast (GMF), Latin American airlines will require 2,307 new aircraft between 2013 and 2032, including 1,794 single-aisle, 475 twin-aisle and 38 very large aircraft (VLA) worth an estimated US$292bn. Globally, by 2032 some 29,230 new passenger and freighter aircraft valued at nearly US$4.4 trillion will be required to satisfy
Air China Cargo and Taikoo (Xiamen) Aircraft Engineering Company (“TAECO”) released that TAECO has completed the first Boeing 757-200 converted freighter for Air China Cargo. The aircraft is the 7th Boeing 757-200 freighter conversion completed by TAECO with its Supplemental Type Certificate (STC) partner Precision Conversions. The process took 105 days, including a concurrent heavy
Air Lease Corporation announced the long term lease of one new Boeing 737-800 jet aircraft to Okay Airways, based in Beijing, China. The aircraft is scheduled for delivery to Okay Airways in June, 2015.
On November 14th, 2013, Emirates took delivery of a further Airbus A380-861. The aircraft, bearing the manufacturer’s serial number 134, is owned by a subsidiary of Doric Nimrod Air Three Limited and leased to Emirates. This Airbus is the 116th A380 to have been delivered so far. Doric’s asset management portfolio now comprises 38 aircraft,
S.A.T., the holding company of the Berlin-based German carrier Germania, has taken delivery of its first out of two A321s on order. Both aircraft are equipped with Airbus’ wing tip fuel saving devices, called Sharklets. The airline has already been operating eight A319 successfully since 2011. The new Germania A321 will operate exclusively for Alltours,
Boeing and Xiamen Airlines celebrated the 100th airplane to join China’s only all-Boeing carrier. Formed in 1984 as China’s first joint venture between CAAC and a municipal government, Xiamen Airlines started services in 1985 with two Boeing 737-200s serving three cities. The carrier has grown into China’s sixth largest carrier serving 218 domestic routes and
Ahead of this year’s Dubai Airshow, Flying Colours Corp., the Canadian headquartered MRO, completion and refurbishment specialist has delivered its first special mission CRJ ExecLiner conversion to Sharjah, UAE-based operator Eagle Aviation FZC. The aircraft was delivered at the beginning of November following a refurbishment process of four months and incorporated complete Flying Colours Corp
