International Lease Finance Corporation (ILFC) released that it completed a total of 296 lease transactions for 2011. These transactions include extensions and placements from ILFC’s existing fleet and sale-leasebacks of 20 aircraft with a value of more than $800m. ILFC currently has over 180 customers in more than 80 countries.
CFM International (CFM) had a record year in 2011, logging orders for 1,500 commercial, military and spare CFM56 engines and commitments for 3,056 LEAP engines for a combined value of $51.7bn at list price. CFM International, a 50/50 joint company of Snecma (Safran group) and GE, produces the highly popular CFM56 engine family. CFM is developing
GE Capital Aviation Services Limited (GECAS) delivered two new Airbus A320 aircraft to TACA Airlines to help them with fleet growth. The aircraft come from TACA’s existing order book with Airbus and are part of a purchase-and-leaseback transaction with GECAS announced in February 2010. They will be operated by TACA’s subsidiary in Costa Rica, and will
On January 23rd, Aeroflot accepted delivery of its fifth Sukhoi Superjet 100, MSN 95015 from Sukhoi Civil Aircraft (SCAC). The aircraft is ready to start commercial operation on Aeroflot’s domestic and international route network.
Airbus delivered the A320 with manufacturer serial number (MSN) 5000 to Lebanon’s national carrier, Middle East Airlines (MEA). The aircraft was delivered from Airbus in Hamburg, Germany and is powered by International Aero Engines V2500 engines. MSN5000 completes the deliveries of MEA’s total order for seven A320s. It marks a significant milestone for Airbus and
Geneva-based PrivatAir has placed a firm order for five Bombardier CS100 aircraft and has taken options on an additional five CS100. Based on the list price for the CS100 aircraft, the firm order contract is valued at approximately $309m and could increase to $636m if the five options are exercised. PrivatAir was founded more than 30 years ago
The GE90 engine experienced its most successful year in 2011, accumulating airline and freighter operator commitments for 400 engines with a list price of more than $11bn. This surpasses the previous record of 250 engine commitments in 2007. This year included a record-setting Emirates’ order for 50 Boeing 777s, powered by GE90-115B engines, announced at
Cessna Aircraft Company released that the Citation Ten prototype made its first flight January 17th. The flight lasted more than two hours and included tests of stability and control, handling qualities, functional operations including the autopilot and autothrottle system, engine operability and avionics before landing at Wichita, Kan. Mid-Continent Airport (ICT) where Cessna’s main manufacturing facility
Avinco has arranged the sale of a 1999 vintage Boeing 737-800 aircraft MSN30498 to Transaero on behalf of a Japan based fund. The aircraft was leased to Air Berlin and sold directly to Russia-based airline Transaero upon expiration of the Air Berlin lease. Avinco was working under an exclusive remarketing mandate on behalf of the
The regional aircraft manufacturer ATR recorded its best commercial year in 2011, posting firm sales of 157 planes and options for an additional 79 aircraft. These 157 firm sales (13 ATR 42s and 144 ATR 72s) round out the manufacturer’s order book for a record high of 224 aircraft, ensuring 3 years of production, taking
