ICBC Leasing signed a deal with Commercial Aircraft Corporation of China (COMAC) to buy 45 C919 large passenger planes. The financial leasing arm of Industrial and Commercial Bank of China signed the new order as it sought to expand its fleet size to cash in on the country’s rapidly growing demand for air services. ICBC Leasing
AWAS has taken delivery of the company’s 50th Boeing 737, a 737-800 fitted with the Sky Interior which the company then delivered on lease to customer Garuda Indonesia.
Turbomeca do Brasil (Safran group) and Lider Táxi Aéreo signed a SBH (Support By the Hour) contract covering the 52 Arriel 2 Turbomeca engines operated by the Brazilian customer and flying more than 50,000 hours per year for offshore operations. The current Lider’s fleet powered by Turbomeca and supported by the SBH contract includes 24
Air New Zealand and European regional aircraft manufacturer ATR announced the order of 7 firm new generation ATR 72-600s, plus options for 5 additional aircraft. The deal, subject to contract signing, is at list prices valued at more than $270 million, including options. The first of the 68 seat ATR72-600 aircraft will be delivered to Air
Wizz Air reported the closing of a sale and lease back transaction with Avolon, the international aircraft leasing group, for three new Airbus A320 aircraft to be delivered in the first half of 2012. This is the first sale and lease back transaction between Wizz Air and Avolon under the terms of which Avolon will
FLY Leasing completed the acquisition of a $1.4 billion portfolio of 49 aircraft. These 49 aircraft increase FLY’s fleet to a total of 109 aircraft on lease to 53 airlines in 29 countries. The purchase price was fully funded from FLY’s existing unrestricted cash and the assumption of existing non-recourse debt. The portfolio consists of 23 Airbus
Airbus has completed installation of the first Rolls-Royce Trent XWB flight-test engine on the A380 “flying-testbed” aircraft (MSN 001). The aircraft and engine will now be prepared for the flight-test campaign commencing in the coming weeks. The Trent XWB engine, which is the largest Rolls-Royce turbofan with a 118-inch diameter fan, has been specially designed to
Air Lease Corporation reported continuing lease placements and acquisitions of 12 additional aircraft. ALC has concluded the following lease placements from its order book: – one new Airbus A330-300 leased to Asiana Airlines (Korea). – two new Boeing 737-800s (MSNs 41299 and 41300) leased to Korean Airlines – two new Embraer 190 LRs leased to Aeromexico.
Embraer closed the third quarter of 2011 (3Q11) having delivered 28 commercial and 18 executive jets. The firm order backlog totaled 16 billion. In the months of July, August and September, Embraer closed the sales of 17 E-Jets: two EMBRAER 190s to GECAS and another ten to Kenya Airways, as announced in June during the Paris Air Show, as
Virgin Australia launched commercial services with the first of its new ATR 72-500 turboprop airliners. The inaugural flight of Virgin Australia’s first turboprop – and Australia’s first ATR 72 – was also the airline’s first flight from Brisbane to the regional industrial city of Gladstone. Perth-based Skywest will operate the new ATR services on behalf of Virgin
