The first ATR 72-600 aircraft was handed over to Myanmar’s domestic carrier Air KBZ. The Danish finance and leasing company Nordic Aviation Capital (NAC) is providing financing for the transaction. NAC has also entered into an agreement with Air KBZ for a second ATR 72-600 aircraft to be delivered in June this year. Air KBZ
India’s GoAir, ‘The Fly Smart Airline”, wholly owned by the Wadia Group, has taken delivery of its first Sharklet equipped A320 aircraft financed by ACG (Aviation Capital Group) under a sale and leaseback arrangement which will see the aircraft added to ACG’s growing portfolio of Airbus A320 family aircraft. The aircraft is part of an
Boeing has begun assembly of the first Next-Generation 737 to be built at the rate of 38 airplanes per month. Over the past two years, production of the 737 has risen more than 20%, from 31.5 to 38 airplanes a month. In 2014, the rate will go up again to 42 airplanes a month. On
India’s largest airline, IndiGo has taken delivery of its first A320 aircraft equipped with Sharklet fuel saving wing tip devices, becoming the first Indian carrier to do so. Sharklets are newly designed wing-tip devices that improve the aircraft’s aerodynamics and significantly cut the airline’s fuel burn and emissions by four per cent on longer sectors.
Corendon Airlines (Turkey) and ALC signed a 5 year lease agreement for one Boeing 737-800 (MSN 32920) aircraft, delivering in February 2013. Corendon Airlines is a regional carrier operating 30 routes out of Antalya Airport, Turkey. Corendon has experienced significant annual passenger growth since the airline’s inception in 2005.
MNG Technic & Russian carrier Oren Air signed Base Maintenance Services Agreement for four Boeing 737-800 aircrafts. C-Checks will be carried out at MNG Technic’s facilities in Istanbul Ataturk Airport, Turkey.
Air Transport Services Group, Inc. (NASDAQ:ATSG) announced today that its airline subsidiaries are deploying four additional freighter aircraft in January to support the U.S. portion of DHL’s international network. The additions include three Boeing 767-200 freighters operated by subsidiary ABX Air under terms of its continuing CMI agreement with DHL, and a Boeing 757-200 freighter
Embraer and Republic Airways Holdings, operator of the largest E-Jets fleet in the world, announced a contract for the sale of 47 EMBRAER 175 jets. The agreement also includes options for an additional 47 aircraft, providing a potential for 94 E175s, which could reach a total value of approximately $4bn, in 2013 economic conditions, at
Myanma Airways, the flag carrier of Myanmar, inaugurated into service, from Yangon to Mandalay, the first of two Embraer E190s leased from GE Capital Aviation Services (GECAS). These are the first E190s to join the Myanma Airways fleet and will help with the airline’s fleet modernization and expansion.
In 2012 ATR recorded its highest turnover, 1.44bn dollars. The turboprop aircraft manufacturer also achieved a record annual delivery level of 64 aircraft, an increase of 18% over 2011 deliveries. To these results can be added the sale in 2012 of 115 aircraft (74 firm orders and 41 options). ATR recorded these 74 firm sales,
