Nordic Aviation Capital (NAC) has announced the successful execution of a lease agreement for three ATR 72-600 aircraft with Fiji Airways. The aircraft are from NAC’s orderbook with ATR. Fiji Airways, the national carrier of Fiji, operates international flights from its hubs in Nadi, Fiji, to 13 countries and 24 cities worldwide. The airline was
Boeing faces yet another setback as it halts test flights of its new 777X model, which is already years behind schedule, after damage was discovered at the connection between the engine and wings. The aircraft manufacturer announced that a component had “not behaved as intended” during a scheduled inspection. According to the industry website The
The all-new Gulfstream G400 has successfully completed its first flight, marking the official launch of its flight test programme, reported Gulfstream Aerospace. This milestone further expands Gulfstream’s next-generation family of ultramodern, high-technology aircraft. The G400 sets a new benchmark in the segment, delivering unmatched performance and comfort. The G400 took off from Savannah/Hilton Head International
Textron Aviation has announced the delivery of its 400th Cessna Citation Latitude business jet to long-time customer Simmons Foods, a family-owned company based in Siloam Springs, Arkansas, established in 1949. The new aircraft will enhance the efficiency of Simmons Foods’ business travel, complementing its existing fleet of three Citation jets that are vital for managing
Air Arabia Group has selected Honeywell to supply its 131-9A auxiliary power units (APUs) for the airline’s existing order of 120 A320neo-family aircraft. The agreement between Honeywell and Air Arabia includes comprehensive maintenance support for the APUs, ensuring improved dispatch reliability, increased fleet availability, enhanced fuel efficiency and reduced unplanned maintenance costs across the carrier’s
Boeing and EL AL Israel Airlines (EL AL) have announced that the Israeli flag carrier has finalised an agreement for up to 31 737 MAX jets, supporting the airline’s plans to renew its fleet of next-generation 737 aircraft. EL AL’s CEO, Dina Ben-Tal Ganancia, highlighted that this agreement marks a crucial step for the airline,
Falko Regional Aircraft Limited (Falko), has reported notable portfolio activity for the second-quarter of 2024 (Q2 2024). During this period, Falko expanded its managed portfolio by acquiring two E190 aircraft, leased to Airlink, from Nordic Aviation Capital (NAC). This acquisition forms part of a previously announced deal for a portfolio of twenty-four E-Jets. Additionally, Falko
Future Flight Global (FFG) and Archer Aviation (Archer) have announced a significant agreement focused on deploying electric vertical take-off and landing (eVTOL) services in major global markets. As part of this agreement, FFG plans to purchase up to 116 of Archer’s Midnight aircraft, with the deal valued at up to US$580 million. This latest agreement
airBaltic has confirmed an incremental order for an additional ten Airbus A220-300 aircraft, marking its fourth re-order and bringing the airline’s total firm order to 90 A220 aircraft. Currently operating a robust fleet of nearly 50 A220-300s, airBaltic is both the largest A220 customer in Europe and the largest A220-300 operator globally. The Latvian flag
LCI has leased two Airbus H145D3 helicopters—one directly to Santos Limited (Santos) and the other to Pacific Helicopters (PHL). The lease to Santos marks LCI’s first-ever direct lease to an end-user. Santos is a global energy company with operations spanning Australia, Papua New Guinea (PNG), Timor-Leste, and the United States. PHL, a provider of helicopter
