Boeing has delivered a 747-8 Freighter to Hong Kong-based Cathay Pacific Airways, making it the second freight operator worldwide to take delivery of Boeing’s newest freighter. With this new addition to its fleet, Cathay Pacific also becomes the first carrier in Asia Pacific to operate the 747-8. The new airplane is the first of 10
Skytech-AIC have been appointed by Rand Merchant Bank (RMB) to act as Lease Managers for seven Bombardier Q400 aircraft recently acquired from Flybe by RMB and leased to South African Express Airways (SA Express). Skytech-AIC and RMB have worked together on a number of aviation transactions over some 15 years and Skytech-AIC already manage five
Titan Airways, the London Stansted-based VIP charter specialist, is bolstering its fleet with the introduction of two additional Boeing 757s, taking the total number of 757s in the fleet to three. Scheduled for delivery in spring 2012, the 757s will be painted in Titan Airways distinctive livery and the interiors finished to Titan’s high standard. It
Transaero Airlines, Russia’s second largest airline, signed a Memorandum of Understanding (MoU) with Airbus for four A380 aircraft. The agreement was signed by Olga Pleshakova, Transaero Airlines CEO and Christopher Buckley, Airbus’ Executive Vice President Europe, Asia and the Pacific. Transaero will become the launch customer for the A380 in Russia, the CIS and Eastern
JetBlue Airways has finalized its firm order for 40 A320neo (new engine option) aircraft previously announced at the Paris Air Show in June. The airline has not yet announced its engine selection for the A320neo order. With this contract, JetBlue also converts 30 of its pre-existing orders for A320s to the larger A321 model with
Bombardier Aerospace released that a Chinese airline, which has requested to remain unidentified at the present time, has signed a conditional purchase agreement for six CRJ900 NextGen aircraft. The transaction, which is the first for CRJ900 aircraft in China, includes options on an additional five CRJ900 NextGen aircraft. Based on the list price for the CRJ900
GE Capital Aviation Services (GECAS) announced delivery of two new Boeing 737-800 aircraft leased to Royal Air Maroc. The aircraft, delivered in late August and the last week in October, come from GECAS’ existing order book with Boeing. They are the first of five new aircraft leased by GECAS to be delivered to the airline. The
Embraer and Azul Linhas Aéreas Brasileiras signed a contract for the purchase of 11 EMBRAER 195 jets. The transaction increases the airline’s total orders for Embraer E-Jets to 52 aircraft. The value of this latest acquisition, at list price, is USD 497.2 million. Deliveries are scheduled to begin in 2013.
American Eurocopter released that the Baltimore Police Department has ordered four EC120’s to replace its current fleet of four aircraft. The department is one of the leading law enforcement operators of the EC120. The new helicopters will be part of a fleet renewal program and are scheduled to start delivering in summer 2012.
Gulfstream International Airlines has reached an agreement with Saab Aircraft Leasing to purchase six, 34-seat Saab 340Bplus aircraft. The Fort Lauderdale-based airline, which serves destinations in The Bahamas, will deploy all six Saab’s along its Florida/Bahamas routes, replacing smaller, 19-seat Beechcraft 1900D aircraft. Gulfstream will integrate the six Saab 340Bplus’ into its fleet over a nine-month period beginning
