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Aircraft & Engines

Nordic Aviation Capital reports recent transactions

Nordic Aviation Capital confirmed that it has purchased one Bombardier Dash 8-Q300 (MSN 565) from All Nippon Airways Trading Co. and purchased one ex Mac Air ATR 42-500 (MSN 571) from Transtate Airlines Investments Pty (Receivers and Managers Appointed). It has also leased one ATR 42-320 (MSN 337) to TACA and sold one Fokker 50 (MSN 20178) to

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Avolon leases 9 Boeing & Airbus aircraft to Ryanair and AirAsia

Avolon, the international aircraft leasing group, has leased five Boeing 737-­800s to Ryanair and four Airbus A320 aircraft to AirAsia. Seven of the aircraft deliver this week with two delivering in early 2012. Avolon’s committed fleet now stands at 88 aircraft with 25 customers in 18 countries. Avolon also announced that it has increased its

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Guangxi Province Police takes delivery of AW139 Helicopter

The Police of the Province of Guangxi in China has taken delivery of an AW139 medium twin helicopter. This aircraft will be used to perform a number of roles including law enforcement and civil protection/disaster relief across the province. The AW139 joins an AW109 Power light twin helicopter already in service with the Nanning Public

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Atlas Air Worldwide terminates previous order of three 747-8 freighter

Atlas Air Worldwide Holdings, a leading global provider of outsourced aircraft and aviation operating services, notified Boeing that it has exercised its contractual termination rights with respect to three early production 747-8 freighters after lengthy delays and performance considerations. These three early production freighters were previously scheduled to be Atlas Air’s first deliveries in 2011. Subsequently,

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China Eastern selects V2500s for 50 aircraft

China Eastern Airlines has selected International Aero Engines  to provide V2500 engines to power 50 new A320 series aircraft. The deal also includes comprehensive long-term engine aftermarket services. Deliveries will commence in August 2012 and continue to 2015, and China Eastern will employ the new V2500s to expand the capacity of its fleet. The deal

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ExecuJet Aviation Group’s sales continue to grow through 2011

Swiss-headquartered, ExecuJet Aviation Group reported a continued growth in new and pre-owned aircraft sales since the beginning of the year, and is predicting the trend will continue well into 2012. Year on year figures show its deliveries in 2011 increased by almost 100%, with aircraft sales revenues up by 90%. “We’ve never been busier, margins

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Nordic Aviation Capital acquires one ATR 42-500 from Australia

Nordic Aviation Capital has acquired an ATR 42-500 aircraft in Australia.  The aircraft, serial number 571, was previously operated in the State of Queensland by regional airline Macair. It departed Australia at the weekend, flying from Cairns, North Queensland, to Billund, Denmark, where NAC is based.

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Cargolux rejects delivery of first 747-8 Freighter

Cargolux, the Luxembourg-based freight operator, released that its Board of Directors decided to reject the first two Boeing 747-8 Freighters that were scheduled for delivery to Cargolux on 19 and 21 September 2011, due to unresolved contractual issues between Boeing and Cargolux in respect of the aircraft. The financing of the aircraft that is secured through

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