Saab Aircraft Leasing (SAL) announced five transactions of Saab aircraft with a total value of approximately $60m (approximately MSEK 400). The transactions will generate a capital gain of approximately MSEK 100, of which MSEK 40 will be recorded in the fourth quarter of 2011 and MSEK 60 in the first half of 2012. The transactions include
Tanzanian carrier Precision Air Services and ATR announced the signature of a contract for the purchase of four ATR 42-600s and one ATR 72-600 aircraft. The deal is valued at $9m. Delivery of the 50-seat ATR 42-600s will start in late 2012. The ATR 72-600 will be delivered in 2014. With this acquisition, Precision Air Services
Honda Aircraft Company reported that the third FAA design-conforming HondaJet aircraft, referred to as “F2,” has been conducting extensive flight testing since its first flight on Nov. 18, 2011. This milestone marks important progress toward the HondaJet’s certification. The F2 aircraft’s first flight test began with engine startup at 2:04pm Eastern Time and lift-off at
Precision Conversions has re-delivered the third full-15 cargo position 757-200PCF freighter to Cargo Aircraft Management (CAM), a wholly owned leasing subsidiary of Air Transport Services Group. Previously operated by United Airlines as a passenger aircraft, the 1991 year, Pratt & Whitney powered 757-200PCF (MSN 25042) augments the current 757-200PCF fleet owned by CAM and will be leased
Etihad Airways has selected the GEnx-1B engine to power 10 additional Boeing 787 Dreamliner aircraft and signed a 15-year OnPoint solution agreement for the maintenance, repair and overhaul on these GEnx engines. Etihad also ordered two GE90-powered Boeing 777 Freighter aircraft. The list price for the GEnx and GE90 engines and OnPoint solution agreement are
Aircastle Limited reported that an affiliate completed the purchase and leaseback of two MD-11 freighter aircraft with EVA Airways. Acquisition financing was provided by DVB Bank,SE as Structuring Agent and Co-Lead Arranger and Chinatrust Commercial Bank Co,Ltd as Co-Lead Arranger.
Boeing announced the delivery of a BBJ to Nanshan Jet of Yantai, China, rounding out a strong year of orders and deliveries to Chinese customers. Representatives of Nanshan Jet took delivery of the airplane at the Boeing Delivery Center in Seattle. This is the first BBJ for Nanshan Jet and one of the first aircraft
Atlas Air Worldwide Holdings confirmed that its Atlas Air unit has accepted delivery of the company’s second and third Boeing 747-8 Freighters. The aircraft are part of Atlas Air’s order of nine 747-8Fs with Boeing. Together with an initial 747-8F delivered in early November, the three aircraft will be operated for British Airways World Cargo
Aeronautical Engineers (AEI) reported that Varig Logistics has taken delivery of its second AEI B737-400SF 11 Pallet Configuration Passenger to Freighter Conversion. The aircraft, a high gross weight B737-400 (MSN 25595) was built in 1992 and underwent passenger to freighter modification at AEI’s Authorized Conversion Center, Flightstar Aircraft Services, which is located in Jacksonville, Florida. The aircraft is
JetBlue Airways has selected Pratt & Whitney PurePower PW1100G-JM engines for its recently ordered fleet of Airbus A320neo aircraft. The memorandum of understanding (MOU) includes 86 PurePower engines with a long-term PureSolution maintenance service agreement. Deliveries for the carrier’s firm aircraft order are scheduled to start in 2018.
