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Aircraft & Engines

AWAS signs lease agreements with Aeromexico

AWAS has agreed with Aeromexico to place one new 737-800 passenger aircraft from its pipeline on long-term lease and also to purchase and then lease back (PLB) another 737-800 that the airline had previously ordered directly from the manufacturer.

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TAROM, CFM mark 1 million CFM56 flight hour milestone

CFM International and Romanian flag carrier TAROM celebrated the achievement of one million flight hours and half a million flight cycles by the airline’s fleet of CFM56 engines. TAROM has been a CFM customer for 20 years and currently operates a fleet of 13 CFM56-powered aircraft, including Airbus A318s and Boeing 737 Classic and Next-Generation

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FLY Leasing purchases new Boeing 787-8 Dreamliner

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.

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First production AW189 performs maiden flight

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

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