Falko Regional Aircraft Limited (Falko) has completed the delivery of four Embraer E175 aircraft on lease to Airlink, South Africa’s leading independent regional carrier. The aircraft were delivered on behalf of Falko’s managed fund, Falko Regional Aircraft Opportunities Fund II (Fund II), with the first two deliveries finalised in Q4 2023, and the remaining two
Boeing’s 2024 Commercial Market Outlook (CMO) predicts that Africa’s commercial airplane fleet will more than double by 2043, driven by a growing, youthful population seeking increased travel opportunities. The region is expected to see deliveries of over 800 new single-aisle jets, contributing significantly to this expansion. According to Boeing, African passenger air traffic will grow
3TOP Aviation Services (3TOP) has announced the acquisition of an Airbus A320-214, formerly operated by Iberia Express. The aircraft, identified by MSN 1450, is currently stationed at the ecube facility in Castellón, Spain, where it will be dismantled for surplus material. The engines from the aircraft will either be integrated into 3TOP’s trading pool or
Brussels Airlines has unveiled plans to significantly expand its long-haul fleet by adding three new Airbus A330 aircraft, bringing its total number of wide-body aircraft to 13 over the coming years. This fleet growth is part of a broader strategy to enhance the airline’s capacity, particularly on routes to Sub-Saharan Africa, where the airline is
Heart Aerospace has unveiled its first full-scale demonstrator for its regional hybrid-electric aircraft, the ES-30, marking a significant milestone in its development. Built almost entirely in-house at the company’s Gothenburg facilities, the demonstrator reflects Heart’s strategy to advance both design and production simultaneously. “Our industry is approaching a 30-year innovation cycle, and we have less
Gulfstream Aerospace has announced the sale of the first Gulfstream G400 intended for dedicated charter operations, purchased by Germany-based DC Aviation Group. The sale was revealed during a signing ceremony at Gulfstream’s Customer Support facility in Farnborough, England. Scott Neal, Senior Vice President of Worldwide Sales at Gulfstream, expressed gratitude for DC Aviation’s commitment to
China Development Bank Financial Leasing has announced that it will acquire 80 Airbus A320neo aircraft, with deliveries scheduled for between 2030 and 2032. This substantial order aims to optimise the fleet structure of the bank’s aviation unit and enhance the proportion of next-generation aircraft, which are known for their high fuel efficiency and broad market
Jackson Square Aviation (JSA) has announced the successful delivery of seven Boeing 737-8 aircraft to Air India Express, marking the completion of a significant long-term lease agreement with the airline. These aircraft deliveries are a part of Air India Express’s fleet expansion strategy, as it seeks to enhance its operations with modern and fuel-efficient planes.
TrueNoord, a specialist regional aircraft lessor, has leased two De Havilland Dash 8-400 aircraft to the Norwegian airline, Widerøe. The two 2013 vintage aircraft, MSN 4439/4448, are on operating lease and are part of TrueNoord’s latest portfolio acquisition from Nordic Aviation Capital. TrueNoord and Widerøe have shared a successful partnership in the past, characterised by
Joby Aviation, a developer of electric air taxis, has taken the initial step towards becoming the first certified air taxi operator in the UAE. During the International Civil Aviation Organization’s inaugural Advanced Air Mobility Summit in Montreal, Canada, JoeBen Bevirt, founder and CEO of Joby Aviation, presented the company’s letter of intent to His Excellency
