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Aircraft & Engines

China’s CAS and ICBC Leasing buy 88 Airbus A320 Family aircraft

China Aviation Supplies Holding Company (CAS) and ICBC Financial Leasing Co., (ICBC Leasing) have signed agreements with Airbus for a total of 88 A320 Family aircraft. In the frame of this General Terms Agreement (GTA), ICBC Leasing by itself signed a purchase agreement with Airbus for 42 A320 Family aircraft. This is the first order that ICBC Leasing

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Newly founded Infinity Aviation Capital acquires three pre-owned 737s

Perella Weinberg Partners announced that certain funds within Perella Weinberg Partners’ Asset Based Value strategy have formed Infinity Aviation Capital LLC, a joint venture with aviation industry veterans Richard Baudouin, Co-Founder of Aviation Capital Group, and Khawer Ali and Jerrold Rosen, Principals of KJ Aviation Services Inc.  The joint venture will invest in aviation assets, including

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Boeing begins final phase of 787 flight testing

Boeing started Function & Reliability (F&R) testing and extended operations (ETOPS) demonstrations on the 787 Dreamliner. This is the final phase of flight testing prior to certification of the airplane.  F&R testing simulates various normal and non-normal operations for the airplane, in a realistic airline-like flight environment. ETOPS refers to extended operations – for twin jets,

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US Airways to upgrade entire V2500 fleet with SelectTwo

US Airways, the largest operator of the Airbus A320 family of aircraft has signed a memorandum of understanding to upgrade its fleet of V2500-powered Airbus A320 family aircraft with the recently unveiled V2500 SelectTwo fuel burn improvement package from International Aero Engines. As part of this agreement, US Airways would purchase kits to upgrade 92

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Blueway to expand Eurocopter fleet with fourth EC225 helicopter

Eurocopter will supply a fourth EC225 to Blueway, providing additional airlift capacity as this European helicopter operator expands its North Sea oil and gas market services. Among the duties for the 11-ton-class helicopter will be offshore transportation and logistics flights covered in Blueway’s North Sea services contract with Maersk Oil, which broadens the company’s presence in

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3 Points Aviation signs purchase agreement with Wideroes Flyveselskap

3 Points Aviation, headquartered in Charlottetown, Prince Edward Island, has signed an agreement to purchase two Dash 8 100 Series aircraft and a substantial spares package from Wideroes, a Norwegian based regional aircraft operator. 3 Points Aviation has purchased over 30 aircraft in the last six years, including 30 Dash 8 aircraft.3 Points Aviation, in conjunction

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