Panama-based AviancaTaca Holdings has selected the advanced technology LEAP-1A engines to power 33 Airbus A320neo family aircraft, in addition to ordering CFM56-5B engines to power an additional 18 Airbus A320ceo family aircraft. The airline has also opted for a comprehensive engine maintenance service package. The agreement has a total combined value of $2.7bn U.S. at
Celebrating a decade-long partnership, China Postal Airlines and PEMCO World Air Services announced the completion and redelivery of China Postal’s latest PEMCO-converted Boeing freighter. This 737-400F (MSN 26337) is the 10th PEMCO-converted airplane for China’s national express mail service.
Bristol Associates, as remarketing agent for United Airlines, Inc., has completed the sale of a United/Continental-owned 1995 vintage B737-524 aircraft (MSN 27532) to BLF Limited (Bermuda). The aircraft will be operated by UTAir Ukraine. Furthermore Bristol Associates, as remarketing agent for US Bank (as Trustee), has completed the sale of an ex-American Airlines 1991-vintage MD83
Avincis Group (Avincis), a leading provider of aerial services for mission critical operations, and Eurocopter announced a global framework agreement that includes the acquisition of 10 new EC145 T2 helicopters for emergency medical service (EMS) work. Announced at the Heli-Expo industry trade show in Las Vegas, the agreement covers aftermarket support and training, as well
Hong Kong-based China Aircraft Leasing Company (CALC) has announced its selection of CFM56-5B engines to power 25 new Airbus A320 family aircraft. The firm engine order is valued at $500m at list price and deliveries are scheduled between 2014 and 2016. The aircraft are part of CALC’s first-ever new aircraft order; the company announced an
Milestone Aviation Group, the global leader in helicopter leasing, announced an order for 14 additional Eurocopter EC225 twin-engine helicopters, which will join the 16 EC225s ordered last year – along with the company’s initial EC175 booking, covering five of these next-generation aircraft. This new order for the two Eurocopter helicopter types brings Milestone’s EC225 total
Boeing released that Air China has agreed to buy two Boeing 747-8 Intercontinentals, one 777-300ER (Extended Range) and 20 Next-Generation 737-800s. In addition, Air China Cargo, a subsidiary of Air China, has agreed to buy eight 777 Freighters. The airline plans to expand its capacity to meet growing demand in Asia-Pacific and China, the most
Sikorsky Aircraft Corp. entered into agreements to sell 23 S-92 helicopters and seven S-76D helicopters to Milestone Aviation Group, a global finance company that leases helicopters to high-quality helicopter operators. The agreements also include options to buy up to an additional 14 S-92 and 10 S-76D helicopters. Sikorsky expects to begin delivering the S-92 and
GE Aviation is assembling the first Passport development engine for the Bombardier Global 7000 and Global 8000 aircraft. Testing of the engine is scheduled for the second quarter of this year. The Passport engine for the Global 7000 and Global 8000 business jets will produce 16,500 pounds of thrust and will incorporate advanced technologies and
Lease Corporation International (LCI), the aviation division of Libra Group, has entered into a long-term lease with the Avincis Group, a leading provider of mission critical services, for a new AW139 helicopter. LCI’s new helicopter division was launched at Heli-Expo 2012 with a $400m order for a modern, versatile fleet of market-leading AgustaWestland AW139, AW169
