ATR, the regional aircraft manufacturer, has announced the delivery of its 1,700th aircraft since the programme’s inception, a significant milestone achieved with the hand-over of an ATR 72-600 to long-standing customer Air Corsica. This delivery completes Air Corsica’s transition from the older ATR -500 series to the latest-generation of turboprop aircraft, reflecting the airline’s commitment
Dutch national carrier KLM, a member of the Air France-KLM Group, has taken delivery of its first Airbus A321neo, marking a significant step in its fleet modernisation efforts. With this addition, KLM joins the ranks of successful A321neo operators, enhancing its commitment to operating the latest generation of fuel-efficient aircraft. The A321neo introduces advanced technology
Dubai Aerospace Enterprise (DAE) has announced agreements to acquire 23 aircraft from multiple counterparties for a total of approximately US$1.1 billion. The consolidated aircraft portfolio will have a weighted average age of 3.4 years and a weighted average remaining lease term of 8.8 years. These aircraft are leased to 13 airlines across nine countries. The
China is set to more than double its commercial airplane fleet by 2043 as the country’s aviation industry expands and modernises to meet the growing demand for both passenger and cargo air travel. This projection comes from Boeing’s 2024 Commercial Market Outlook (CMO) for China, a comprehensive long-term forecast of the country’s commercial aviation needs.
Oman Air has taken delivery of its latest Boeing B787-9 aircraft, the first of three scheduled for arrival this year. This addition is part of an existing order that includes eight more aircraft to be delivered by 2027, bringing the airline’s total Dreamliner fleet to ten. The Boeing B787-9, renowned for its cutting-edge design and
Atlas Air Worldwide Holdings is expanding its fleet with the addition of three Boeing 747-8 freighters to meet the growing global demand for large wide-body airfreight capacity, particularly in cross-border e-commerce shipping. The three new 747-8Fs, secured through long-term finance lease agreements with BOC Aviation, are expected to enter service in late Q3 2024. “Demand
Aergo Capital Limited has acquired two Boeing 737-800 aircraft, with manufacturer serial numbers 40308 and 34989, from SMBC Aviation Capital. The aircraft are currently leased to Korean low-cost carrier T’way. Fred Browne, CEO of Aergo, expressed enthusiasm about the acquisition and the addition of T’way as a new lessee. He also thanked SMBC Aviation Capital
MagniX, a pioneering company in electric aviation, has launched the next phase of the NASA electrified powertrain flight demonstration (EPFD) programme with the unveiling of a De Havilland DHC-7 (Dash 7) aircraft, which will be retrofitted with magniX’s state-of-the-art electric powertrains. The aircraft, revealed during a ceremony in Seattle, Washington, displayed the logos of magniX,
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has announced the delivery of an Airbus A330-300 P2F (passenger-to-freighter) aircraft to a new customer in Turkiye, MNG Havayollari ve Tasimacilik A.S. (MNG Airlines). The A330 P2F, a highly sought-after aircraft offering greater cargo capacity and lower cost-per-tonne than other
Crestone Air Partners (CAP), a comprehensive aviation asset management platform, in partnership with Atalaya Capital Management, has announced the acquisition of an A320-200 aircraft from Air Lease Corporation (ALC), currently on lease with Air New Zealand. This addition to Crestone’s expanding fleet further strengthens the lessor’s position in the narrow-body market. With both A319-100s and
