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Aircraft & Engines

Cabot Aviation arranges sale of one B757-200ER on behalf of Flycraft 11

Cabot Aviation has arranged the sale of one B757-200ER aircraft on behalf of Flycraft 11.  The aircraft has been acquired by Wings Aviation.  The aircraft is serial number 30233 and is powered by Rolls-Royce RB211-535E4-B engines.  It was originally delivered new to ATA in 1999 and was subsequently operated by VIM-Avia in Russia and Aurela in

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Boeing and ANA begin 787 Service Readiness Validation in Japan

Boeing and ANA began an important validation of their readiness for the 787 Dreamliner’s entry into service. Throughout the coming days, ANA pilots, together with Boeing, will fly a 787 on actual airline routes in Japan using airline dispatch and flight rules. ANA’s mechanics and ground crews also will gain experience with the airplane in a simulated

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Tibet Airlines takes delivery of its first A319

Tibet Airlines, a newly established Chinese airline based in Lhasa, Tibetan autonomous region of China, has taken delivery of its first Airbus A319, becoming Airbus’ newest operator in China. This aircraft is the first out of three A319s, an order which was placed in May 2010. Tibet Airlines’ A319 accommodates 128 passengers in a two-class

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Garuda Indonesia adds new A330s to fleet

Garuda Indonesia, the national carrier of Indonesia, has signed a new firm order for four A330-300s. The airline has chosen the latest 235 tonne maximum take-off weight variant for long-haul services to all destinations to the Middle East, Asia and Pacific from its hubs in Jakarta and Denpasar. The airline will furthermore convert three previously

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Airstream concludes sale of two Fokker 70’s

Airstream International Group has arranged the sale of two Fokker 70 Aircraft on behalf of Gladiator Leasing. The aircraft, serial numbers 11571 and 11575, have been sold to Alliance Airlines of Australia. They were previously operated by Malev Hungarian Airlines. Gladiator acquired the aircraft in 2008 in a sale and leaseback transaction with Malev, also arranged

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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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