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
Boeing and Royal Brunei Airlines celebrated the delivery of the 787 Dreamliner – the first for the flag carrier of the Sultanate of Brunei and for Southeast Asia. The airplane departed Paine Field in Everett October 2nd, for a 6,540 nautical miles (12,112 km) non-stop flight home to Bandar Seri Begawan International Airport in Brunei.
Luxair, the national airline of the Grand Duchy of Luxembourg, has placed a firm order for a Q400 NextGen turboprop airliner and has also taken an option for an additional Q400 NextGen aircraft. The airline currently operates a fleet of six Q400 and Q400 NextGen aircraft. Based on the list price of the Q400 NextGen
On June 25th, 2013, SAS and Airbus signed a Memorandum of Understanding for the order of 12 new long haul aircraft. On October 3rd, SAS and Airbus have signed the final long haul aircraft order agreement, comprising 4 A330-300 Enhanced and 8 A350-900 plus 6 options for A350-900. The Airbus A330 will be delivered 2015/16
GE Aviation received firm orders for more than 350 CF34 engines since December 2012. CF34-powered aircraft orders include: · Seven firm E190 orders from Conviasa (June), · 40 firm E175 orders from SkyWest (May), · 30 firm E175 orders from United Airlines (April), · 47 firm E175 orders from Republic Airways (January), · Five E175
Garuda Indonesia and ICBC Financial Leasing signed an agreement for aircraft financing. The agreement features a “sale and lease back” plan for Garuda Indonesia’s five Boeing 777-300ER and an “operating lease” plan for ICBC Financial Leasing’s six Airbus 320-200 for Citilink, valued at US$1.7bn. Garuda Indonesia will receive the five Boeing 777-300ER in May 2014
Guernsey-based regional carrier Aurigny Air Services has signed a firm contract with Embraer for one E195 jet. Delivery is scheduled in the first semester of 2014. The E195 is the first jet aircraft to be added to the Aurigny Air Services fleet. The airline currently flies turboprops on six daily frequencies on its principal route
Belavia of Minsk, Belarus, has signed a firm contract for two E195s with Embraer Commercial Aviation. The transaction was announced at a press briefing in Salzburg at the annual general meeting of the European Regions Airline Association (ERA – www.eraa.org). The firm order will be included in Embraer’s 2013 third quarter backlog. The aircraft will
Danish leasing firm Nordic Aviation Capital (NAC) and the regional turboprop aircraft manufacturer ATR have announced the signature to increase the order placed at the 2013 Paris Airshow, by an order for additionally 15 firm ATRs and options for 25 aircraft. The value of the increase alone is $1bn. The cumulative orders placed in recent
GE Capital Aviation Services signed an agreement to lease four new Boeing 737-800 MAX aircraft to Travel Service. Two of the new aircraft are scheduled for delivery in early 2018 and two in early 2019. The aircraft are the first leased from GECAS’ order of 75 Boeing 737 MAX models already announced.
