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Aircraft & Engines

ACG reports first quarter transactions

Aviation Capital Group reported 16 aircraft and engine transactions for the first quarter of 2010. Ten of the transactions were lease extensions, three were new leases, two were deliveries and leases for new aircraft, and one aircraft was sold. The number of transactions continues to reflect ACG

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Aigle Azur takes delivery of its first brand new Airbus A319

French private airline Aigle Azur has received its first directly purchased brand new Airbus A319 at a delivery ceremony in Hamburg yesterday. This new aircraft will join Aigle Azur’s fleet of ten A320 Family aircraft, comprising three A319s, three A320s and four A321s. The new A319 will be powered by CFM56 engines from CFM International.

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Bombardier Q400 Turboprop on tour

Bombardier Commercial Aircraft showcase its Q400 NextGen turboprop airliner in Nassau and Freeport, Bahamas. The aircraft, which was manufactured in Toronto, Ontario and configured with 76 seats, will be flown on demonstration tours for representatives of the government of the Bahamas, Bahamasair, the media and other stakeholders.

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Precision Conversions receives award for three 757-200PCFs

Precision Conversions has received an award to provide Aerolease International with three full 15-pallet position 757-200PCF freighters. The first aircraft, a Pratt & Whitney powered B757-200 is scheduled for induction in April with the following two aircraft scheduled for induction in May and July, respectively. All three aircraft will be modified by Flightstar Aircraft Services

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AerCap releases first quarter transactions

AerCap Holdings completed the following transactions during the first quarter 2010: Signed new lease agreements for four aircraft, Delivered 12 aircraft and 12 engines under lease agreements, Purchased 20 aircraft and five engines, Sold five aircraft and three engines, and Disassembled six aircraft and seven engines.

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ILFC to sell 53 aircraft to Macquarie Aerospace

ILFC has entered into an agreement to sell a portfolio of 53 aircraft for an aggregate purchase price of $1.987 billion to Macquarie Aerospace Limited, an indirect subsidiary of Macquarie Group Limited. Completions of the sales of aircraft in the portfolio are expected to occur over the remainder of calendar 2010, subject to customary closing

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AVINCO awarded a mandate by Wallis to remarket one A320

AVINCO has been awarded an exclusive remarketing mandate to place an Airbus A320 on behalf of Wallis Trading Inc. The 1997 vintage aircraft is just completing a heavy check in France and is available for sale or lease immediately. The aircraft is powered by CFM56-5B4/P engines. Since June 2009, Avinco has successfully placed seven A320s

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