Air Lease Corporation announced long term lease agreements with Jet Time (Denmark) for one Boeing 737-700 aircraft scheduled for delivery in November 2013, and two new ATR 72-600s scheduled for delivery in April and May 2014. Jet Time A/S is a Danish Airline. The company was certified by the Danish aviation authorities and began operating
Embraer and International Lease Finance Corporation (ILFC) have signed the final agreement for 50 firm E-Jets E2 orders: 25 E190-E2s and 25 E195-E2s. The firm order has an estimated value of US$2.85bn at current list prices. The contract, announced as a Letter of Intent (LOI) at the Paris Air Show, in June, also contains options
International Lease Finance Corporation (ILFC) delivered a new Boeing 737-800 to Tianjin-based Okay Airways Company Limited (Okay Airways), which will allow the airline to expand services to meet the growing demand within its flight route network. The aircraft is powered by two CFM 56-7B26E engines and will operate on the airline’s routes linking Tianjin with
Pegasus Airlines has selected CFM International’s advanced LEAP-1A engine to power its new fleet of 75 firm, 25 option A320neo/A321neo aircraft. The airplane order was announced in December 2012 and the airline is scheduled to begin taking delivery of the aircraft in 2016. Total LEAP orders now stand at more than 5,300 engines. The Istanbul-based
Boeing and Silk Way Airlines, a cargo carrier based in Baku, Azerbaijan, announced an order for two Boeing 747-8 Freighters valued at $704 m at current list prices. Silk Way Airlines currently operates Boeing 747-400 Freighters and 767-300 Freighters. It is considered as one of the leading cargo airlines in Central Asia providing full-fledged services
The A350 XWB MSN1 has performed well during the first 92 flight test hours already achieved since its maiden flight on June 14th 2013. The A350 XWB flight test campaign will total around 2,500 flight hours with a fleet of five development aircraft. During the first four weeks of the flight test campaign, ten Airbus
Macquarie Group announced the launch of Macquarie Rotorcraft Leasing, a helicopter operating leasing business that will focus on the growing, worldwide demand for commercial helicopters servicing offshore oil and gas, medical transport, search and rescue, and the executive transport markets. As part of the formation, Macquarie also announced the following executive appointments: Jeffrey Pino has
AgustaWestland delivered a GrandNew light twin helicopter to Eichsfeld Air Gmbh of Germany. Based in Berlin, this aircraft will enable Eichsfeld Air to resume its rotorcraft operations, performing missions across Germany as well as to the UK and Switzerland. The helicopter will also be operated in Cote d’Azur (France) and Sardinia (Italy) during the summer
During the second quarter of 2013, Embraer delivered 22 jets to the commercial aviation market and 29 to the executive aviation market, for a total of 51 aircraft. On June 30, 2013, the firm order backlog totaled US$17.1bn, an increase of US$3.8 bn over the first quarter, reaching the Company’s highest backlog value since the
Boeing and Silk Way Airlines, a cargo carrier based in Baku, Azerbaijan, announced an order for two Boeing 747-8 Freighters valued at $704m at current list prices. Silk Way Airlines currently operates Boeing 747-400 Freighters and 767-300 Freighters. It is considered as one of the leading cargo airlines in Central Asia providing full-fledged services to
