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Aircraft & Engines

FLY Leasing to acquire portfolio of 49 aircraft

FLY Leasing Limited, a global lessor of modern, fuel-efficient commercial jet aircraft, has entered into an agreement to purchase a $1.4 billion portfolio of 49 aircraft, increasing FLY’s total aircraft under operating lease to more than $3 billion. The aircraft were previously managed by Global Aviation Asset Management, an Australian company. The aircraft are on

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Jet Midwest acquires 9 MD-80 aircraft from American Airlines

Kansas City based aircraft trading company Jet Midwest Group, has successfully concluded the purchase of 9 MD-82 and MD-83 series aircraft from American Airlines. Jet Midwest intends to make the aircraft available for lease and sale to it’s customers. Jet Midwest also owns Kansas City based MRO Jet Midwest Technik which has recently added MD-80 and

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Aviastar Mandiri acquires another BAe 146 from FALKO

Indonesian charter operator, PT Aviastar Mandiri is adding a further BAe 146-200 to its fleet with the purchase from Falko of a late model aircraft bearing manufacturer’s serial number E2227. When delivered in the next few weeks, the aircraft will join the airline’s two other BAe 146-200s that are based at Jakarta and Denpasar. These aircraft

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GECAS finalizes order for 747-8 Freighters and 777-300ERs

Boeing and GE Capital Aviation Services (GECAS) have finalized a firm order for two 747-8 Freighters and eight 777-300ERs (extended range) airplanes. The order marks the completion of an agreement originally announced during the Paris Air Show in June. At list prices, the order is valued at $2.9 billion.

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New Boeing 747-8 Freighter completes certification flight testing

The new Boeing 747-8 Freighter successfully completed its certification flight test program on August 2nd, with two airplanes landing at Paine Field in Everett, Wash. Flight test airplane RC522 completed testing of the flight management computer (FMC) and RC523 completed function & reliability (F&R) testing. The first 747-8 Freighter is scheduled to be delivered to

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Korean Air converts LOI to firm order for Bombardier CSeries aircraft

Bombardier Aerospace released that the Letter of Intent (LOI) from Korean Air signed on June 21 at the 2011 Paris Air Show, to acquire 10CS300 airliners has now been converted into a firm order. The transaction also includes options on 10 CS300 aircraft and purchase rights for an additional 10 CS300 aircraft. The firm order

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Korean Air orders two additional 737-900ERs

Boeing and Korean Air announced an order for two additional Next-Generation 737-900ER jetliners. The new airplanes will be fitted with the new Boeing Sky Interior and the order is valued at $171.6 million at Boeing list prices. Korea’s flag carrier is in the process of revamping its fleet with technologically advanced airplanes – having completed a cabin refurbishment

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