StandardAero has delivered its 6,000th Auxiliary Power Unit (APU) since the program’s inception in 1995. The milestone took place at StandardAero’s Maryville, Tenn. facility and was a Hamilton Sundstrand APS2300, delivered to a commercial customer. StandardAero’s APU program in Maryville focuses on repair of Honeywell 36 and RE220 series engines as well as Hamilton Sundstrand
Compass Point Aviation (CPA), a newly established affiliate of a global asset management company, announced that in June it closed on the acquisition and lease of one new Boeing 777-300ER to Emirates. CPA is currently working on closing several more transactions. CPA targets the aviation sector, with a particular focus on transactions involving finance leases
International Lease Finance Corporation (ILFC) released that AirAsia X, a low-cost, long-haul affiliate of AirAsia, has signed a letter of intent with ILFC for the lease of six Airbus A330-300 aircraft. The aircraft are scheduled for delivery between 2013 and 2014, and will be operated on the airline’s expanding network in Asia Pacific, which includes
Thai Airways announced the entry into service of its first GE90-115B-powered Boeing 777-300ER aircraft leased from BOC Aviation. THAI operates five leased Boeing 777-300ERs, and this new Boeing 777-300ER is one of eight that are being leased from BOC Aviation. In addition to these leased aircraft, THAI holds six GE90-115B-powerd Boeing 777-300ER aircraft on order.
GE Capital Aviation Services (GECAS), signed a purchase and leaseback transaction with Emirates airline for three new Boeing 777-300ER aircraft and seven spare engines. The first aircraft from the airline’s existing order book with Boeing was delivered on May 30. The other aircraft are scheduled for delivery later in 2012. The leaseback of seven spare
SilkAir, the regional wing of Singapore Airlines, has signed a letter of intent to purchase up to 68 new aircraft from Boeing. The order is the largest in SilkAir’s history and remains subject to the negotiation of a final purchase agreement. It will comprise firm orders for 54 aircraft and purchase rights for another 14.
Reliance Aircraft International, Austin, Texas acquired ex-Delta 757-200ER and ex-Southwest Airlines 737-300 for disassembly and parts resale. Formed in 2011, RAI specializes in aircraft purchase for disassembly, inventory parts consignment and inventory evaluation of all fleet types. “RAI has exceeded projections and expectations for revenue and acquisitions (seven aircraft; A300-600, 757, 737-300/400 and MD82) in
Boeing released that Xiamen Airlines has agreed to purchase 40 Boeing Next-Generation 737-800s. The airline plans to use the airplanes for more international routes to meet growing passenger traffic in Asia-Pacific and China. The order, which is valued at $3.5bn at list prices, requires Chinese Government approval and Boeing will work with Xiamen Airlines to
The first ATR 72-600 turboprop aircraft destined for the Asia Pacific Region was delivered to the leasing company Avation Plc, as part of an agreement with Australian regional carrier Skywest Airlines and Virgin Australia. The aircraft was received by Avation’s Chief Operating Officer, Rod Mahoney, at ATR’s manufacturing facility in Toulouse, France. Avation Plc has
Embraer’s Lineage 1000 ultra-large executive jet will spread its wings for its first mainland China customer with the delivery to China’s Xinjiang Guanghui Industry Investment Group Co. “We welcome Xinjiang Guanghui Group to join Embraer’s increasing customer base in China,” said Guan Dongyuan, President of Embraer China. “We believe that the Lineage 1000, the flagship
