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,
Bombardier Aerospace announced that it has received full certification for its Global 6000 jet from the Agência Nacional de Aviação Civil in Brazil. “With this new certification the entire families of Learjet, Challenger and Global jets now have Brazilian certification.” said Fabio Rebello, Regional Vice President, Sales, Latin America, Bombardier Business Aircraft.
Aeronautical Engineers, Inc. (AEI) released that ATRAN Cargo Airlines has taken delivery of its second AEI B737-400SF 11 Pallet Configuration Passenger to Freighter Conversion. The aircraft, a high gross weight B737-400 (MSN 28758) was built in 1997 and underwent passenger to freighter modification at AEI’s Authorized Conversion Center, Flightstar Aircraft Services, Inc. which is located
Avolon, the international aircraft leasing group, issues a trading update for 2012 announcing that its fleet had reached 167 aircraft at 31st December, 2012 and that total capital raised has exceeded US$5bn. Avolon raised US$300m of new equity from the Government of Singapore Investment Corporation and US$1.3bn of new debt finance bringing total capital raised
Copa Holdings has closed sale-leaseback transactions for four new Boeing B737-800 aircraft with MC Aviation Partners (MCAP), the aircraft leasing and trading arm of Mitsubishi Corporation. The deliveries, which are part of Copa Airlines’ current order with Boeing, are scheduled for March, April, August and October of 2013. The agreement provides for 90 month lease
Unison Industries has been awarded a life-of-the-program contract by Snecma (Safran) to provide its air cooled oil coolers for the LEAP-1B engine produced by CFM International. The LEAP-1B engine will power the next generation of Boeing’s popular 737 aircraft series, launched as the 737 MAX, expected to enter into service in 2017. Based on the
GE Capital Aviation Services Limited (GECAS) announced the delivery of two leased Boeing 737-400s to new customer AeroContractors Company of Nigeria Limited. Deliveries were made in September and December to expand the airline’s fleet.
Cebu Pacific Air took delivery of its first A320 equipped with Sharklets, becoming the first operator of the new fuel-saving wing tip devices in the Philippines. Sharklets are newly designed wing-tip devices allowing airlines to reduce fuel burn by up to 4% on longer sectors. They are an option on new-build A320 Family aircraft, and
