GE Capital Aviation Services (GECAS) has reached an agreement with Embraer for the acquisition of six EMBRAER 190s, and options for another six aircraft. Delivery of the first aircraft is scheduled for the fourth quarter of 2012. GECAS presently has 93 E-Jets of all models on lease with 15 airlines around the world. GECAS ordered
AWAS has delivered a new Airbus A320-200 aircraft to Royal Jordanian, the second of seven new aircraft as part of the agreement reached earlier this year. This placement is part of Royal Jordanian’s major fleet renewal programme, to offer its customers superior comfort while driving enhanced efficiencies across its network. This second A320 will be
According to Airbus’ latest Global Market Forecast (GMF), between 2011 and 2030, carriers in Australia, New Zealand and the Pacific Islands region will require 736 new passenger and freighter aircraft (above 100 seats) valued at US$98 billion. The region’s close links to emerging economies are the main contributor to traffic growth with business and tourism
Qantas and Airbus have finalized a contract for 110 A320 Family aircraft, to help with the airline’s fleet renewal and expansion plans in the coming years. The firm order for 78 A320neo and 32 A320s is the largest single order in Australian aviation history by aircraft units and follows a commitment signed in August. The
Cirrus Aircraft is celebrating a business milestone with the delivery of its 5,000th SR airplane, an N5000J. The company, which began production in Duluth, Minnesota just 11 short years ago in 1999, has gone from an entrepreneurial dream to a global aviation company with aircraft delivered in more than 60 countries around the world. “The
Ethiopian Airlines ordered four Boeing 777 Freighters, making Ethiopian Airlines the first African carrier to order the twin-engine freighter. The order is valued at approximately $1.1 billion at list prices and was previously attributed to an unidentified customer on Boeing’s website.
Nextant Aerospace, which introduced the concept of remanufacturing to the business jet market, has received Federal Aviation Administration (FAA) certification for its Nextant 400XT aircraft, the first completely remanufactured business jet. The FAA Certification is the final step in the approval process for the 400XT, a plane that is the equivalent of a new jet at a cost approximately half that
The Southern Service Flight Company (SSFC) of Vietnam has signed a contract with Eurocopter South East Asia for a third EC225, with an option for another, to be added to its fleet for offshore oil and gas operations. It is scheduled to be delivered in early 2013.
AWAS has finalized the acquisition of two Boeing 737-800’s and one Airbus A330-200 passenger aircraft from another lessor. The two 737’s are already on long-term leases to current AWAS customer Garuda Indonesia, and the widebody Airbus A330-200 is on lease to Qantas.
Boeing forecasts that air carriers in North America will take delivery of 7,530 new airplanes over the next 20 years at a market value of $760 billion. Taking retirements of airplanes into account, the North America fleet will grow from 6,610 airplanes today to about 9,330 airplanes by 2030. Demand in the United States and
