Aircraft & Engines

Fiji’s national carrier, Air Pacific, has selected Airbus aircraft to renew and to grow its fleet. After a thorough evaluation of several different aircraft, the carrier has signed a firm contract to buy three new A330-200 aircraft to replace its existing fleet of B747s and B767s with newer, more fuel-efficient aircraft. The A330-200 aircraft will be

The S-76D helicopter program has achieved another significant milestone as Transport Canada recently certified the Pratt & Whitney Canada PW210S engines that will be installed in Sikorsky’s new S-76D helicopter. The engine certification signifies that the PW210S engine has completed all required certification tests and complies with all regulatory requirements. Pratt & Whitney Canada has accumulated

TAM Airlines has finalized a purchase agreement for 32 eco-efficient Airbus A320 aircraft, comprising of 22 A320neo and 10 A320 Family aircraft. The order follows a Memorandum of Understanding signed last February. Engine selection will be announced by the airline at a later date.

Aircastle and Southern Air Holdings have entered into long-term leases under which Southern Air will utilize two 747-400SF aircraft owned by Aircastle.  The aircraft are expected to enter commercial service during the first quarter of 2012, advancing Southern Air’s fleet renewal and business expansion program.

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

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