CFM International has completed design freeze for the advanced LEAP-1B engine, the exclusive powerplant for the Boeing 737 MAX, paving the way for the first full engine to test in mid-2014. This milestone is effectively the point at which the engine configuration is set, or frozen. This now allows CFM to finalize and release detailed
GE Capital Aviation Services (GECAS) has delivered two new Airbus A320 aircraft to Jetstar Japan as part of a purchase-and-leaseback transaction. Jetstar Japan inaugurated its low-fare domestic service in 2012 and currently operates a fleet of nine Airbus A320 aircraft to five destinations.
Atlas Air Worldwide Holdings, a leading global provider of outsourced aircraft and aviation operating solutions, confirmed the placement of its eighth Boeing 747-8 Freighter into ACMI service. The aircraft will fly on behalf of Etihad Cargo, the cargo arm of Etihad Airways, the national carrier of the United Arab Emirates, pursuant to a multiyear aircraft,
Air Lease Corporation (AL) announced long term lease agreements with Korean Air for two new Boeing 777-300ER aircraft, which are scheduled for delivery in November 2014 and May 2015.
MTU Aero Engines is adding a new chapter to the success story of the turbine center frame for the GEnx engine: In the past four years, Germany’s leading engine manufacturer has moved from one milestone to the next in quick succession, and has now shipped the 200th module. “We’ve accomplished this milestone in record time,”
The holiday charter company Small Planet Airlines is replacing its old Boeing 737-300s with newer Airbus A320 aircraft. Small Planet Airlines redelivered two old Boeing 737-300 aircraft to the leasing company at the end of last year and will return the remaining two after this summer season. From then on, the company will operate an
NetJets, a Berkshire Hathaway company and a leader in private aviation, took delivery of its first NetJets Signature Series Phenom 300 aircraft – the first light cabin NetJets Signature Series aircraft, to enter the marketplace. NetJets formally accepted the aircraft at a special delivery ceremony at Embraer Executive Jets’ Customer and Delivery Center in Melbourne,
Lease Corporation International’s (LCI) helicopter division took off with its first delivery of a new AW139 helicopter to Bond Offshore Helicopters (Bond) in Aberdeen, Scotland. The delivery follows the agreement of a long term lease between LCI and Bond’s parent company Avincis Group – a leading global provider of mission critical services. The 15-seat, twin-engined
United Airlines announced an agreement to add 30 Embraer 175 regional jets to the United Express fleet. Under an agreement with Embraer, United will purchase the aircraft with deliveries in 2014 and 2015. These aircraft will be operated by a United Express partner to be announced later. The Embraer 175 is the first 76-seat regional
AJW Capital Partners, part of the AJW Group of companies, has entered into a purchase agreement for an A340-600 MSN 779 aircraft. The VVIP aircraft will enter service for an undisclosed Head of State. AJW Capital is the AJW Group’s principal investing division and is responsible for the purchase, sale and lease of large aviation-related
