ATR and turboprop lessor Abelo have strengthened their collaboration through significant fleet updates. Abelo has revised its original order for ten ATR 42 STOL (short take-off and landing) aircraft, converting it into a mix of five ATR 42-600 and five ATR 72-600 models. Furthermore, the company has expanded its fleet by confirming orders for three
Horizon Aircraft has signed a letter of intent (LOI) with Discovery Air Chile to lease five Cavorite X7 hybrid eVTOLs, with deliveries expected in 2028. The advanced aircraft will revolutionise regional air services in Chile by significantly reducing transfer times for passengers, patients and time-sensitive goods while lowering operational costs. Álvaro González, General Manager of
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has signed an agreement with CFM International to purchase up to ten spare LEAP-1A and LEAP-1B engines. These engines will bolster AFI KLM E&M’s comprehensive portfolio of LEAP premier maintenance, repair and overhaul services (MRO), supporting airline customers worldwide by maintaining operational continuity while their
Aero Capital Solutions (ACS), a prominent provider of leasing services for mid-life narrow-body aircraft and engines, has unveiled its 2024 year-end performance summary, highlighting remarkable growth and accomplishments. CEO and Founder Jason Barany expressed pride in the company’s successes, emphasising its ability to address challenges such as limited aircraft availability and shifting market demands through
STARLUX Airlines of Taiwan has placed a firm order with Airbus for an additional five A350F freighters, doubling its initial order from last year. The new A350F fleet will be operated by STARLUX Cargo on some of the world’s busiest freight routes. “The cargo market is set to become a key element in our business
Evia Aero, a pioneering German company committed to revolutionising European travel through sustainable and carbon-neutral aviation, has signed a letter of intent (LoL) with Britten-Norman to purchase 15 new Britten-Norman Islander aircraft. Deliveries of the 15 Islander aircraft are set to begin in early 2027. Following delivery, the aircraft will be converted into zero-emissions platforms,
Southwest Airlines has finalised a sale-and-leaseback agreement with BBAM for 36 Boeing 737-800 aircraft. The aircraft will now be owned and leased back to Southwest by Incline Aviation III, BBAM’s third flagship aviation investment fund. This landmark transaction forms part of Southwest’s “Southwest. Even Better.” plan, unveiled during Investor Day in September. By monetising surplus
Embraer has reported that it achieved a total of 206 aircraft deliveries in the full year of 2024, a 14% increase over the 181 delivered in 2023. The company delivered 75 aircraft in the fourth quarter of 2024 (4Q24), a 27% rise compared to the 59 deliveries in the third quarter (3Q24) and matching the
Qatar Executive, the private jet charter division of Qatar Airways Group, has added two more Gulfstream G700 aircraft to its fleet, increasing its total fleet size to 24. This latest delivery brings the number of G700s in Qatar Executive’s fleet to six, with four more scheduled for delivery in 2025 and early 2026. The company’s
Willis Lease Finance Corporation (WLFC) has announced a significant transaction with Pratt & Whitney for the purchase of nine new PW 1133G-JM aircraft engines. All acquisitions were set to be completed by December 31, 2024. The PW1133G-JM, part of Pratt & Whitney’s GTF-engine family, offers cutting-edge technology with up to 20% better fuel efficiency compared
