Embraer and Minsheng Financial Leasing Co., a subsidiary of China Minsheng Banking Co. and one of the largest financial institutions providing executive jets leasing services in China, signed a Memorandum of Understanding (MoU) at Embraer’s headquarters in São José dos Campos, São Paulo, Brazil. According to the MoU, Minsheng Financial Leasing intends to purchase up to 20
The first Boeing Next-Generation 737 with the certified performance improvement engines was delivered on a 737-800 to China Southern Airlines at Boeing Field in Seattle last week. The new CFM56-7BE engine configuration, which is now standard on all delivered 737s, is an improved design that includes high and low pressure turbine modification. Coupled with drag
Boeing reached a major milestone with GECAS by delivering the leasing company’s 400th airplane, a Next-Generation 737-800. GECAS leasing customer Xiamen Airlines will operate the milestone airplane. To date, GECAS has ordered 485 airplanes from Boeing. GECAS placed their first order with Boeing on Aug. 30, 1995 for two 767-300ER (Extended Range) airplanes. Since that first order,
Skyworld Aviation reported that, acting on behalf of Airfinancial Management Ltd of Cyprus, it has arranged the acquisition of another Airbus A320 aircraft. A320-200 serial number 361 was purchased by Airfinancial from Aercap Ireland for onward lease to Khors Aircompany of the Ukraine. The aircraft was built in 1992 and is powered by V2500-A1 engines.
AviaAM Leasing, a fully integrated aviation company engaged in aircraft leasing and management, has acquired 8 Bombardier CRJ200 aircraft from various special purpose companies, managed by German Operating Aircraft Leasing GmbH & Co. KG (GOAL), Germany. The aircraft are powered by CF34-3B1 engines. The first of the 8 aircraft is to be delivered in the
Boeing this week delivered the first 777-300ER to Air China, the flag carrier of the People’s Republic of China. The new airplane is the first of 19 777-300ERs Air China has on order with Boeing. With this new addition to its fleet, Air China becomes the first airline on the Chinese mainland to operate the new generation
Gulfstream Aerospace has renamed the super midsized Gulfstream G250 aircraft; the business jet is now called the Gulfstream G280. As demand for Gulfstream business jets grows around the world, the move was prompted by the company’s sensitivity to the varied cultures of its international customer base. “Since introducing the Gulfstream G250 in 2008 and presenting
The established reputation of the business development team of the newly-created Falko aircraft asset manager for its third party aircraft remarketing services has been further enhanced by the award from Royal Air Maroc of an exclusive mandate to arrange the sale of a Bombardier-built Dash 8-Q300 regional turboprop airliner. The 2001-build aircraft is currently configured with
GE Capital Aviation Services delivered a new Airbus A320 to the Spanish charter airline Orbest Airlines, formerly known as Iberworld Airlines, S.A. The aircraft comes from GECAS’ existing order book with Airbus. The new Airbus A320 is the ninth aircraft to join the Orbest fleet. The airline has flown to more than 90 destinations in some 30
The commercial aircraft leasing market has a powerful new entity with the launch of Falko, the new aircraft asset manager born out of the aircraft leasing business of BAE Systems. Supported by affiliates of funds managed by Fortress Investment Group LLC, a leading, highly diversified global investment management firm with some US $43 billion of assets
