Abelo, a lessor specialising in the turboprop segment, has reported the successful delivery of MSN875, a newly converted ATR 72 freighter, to Renegade Air. This milestone marks the introduction of ATR aircraft into the Kenyan aviation sector at Wilson Airport. Previously used for passenger services, the ATR 72 has been converted to meet the growing
IBA, the aviation market intelligence and advisory company, has reported that the leased helicopter fleet has exceeded ten percent in 2023 and is projected to reach a record 15% by the end of the decade. With over 300 recorded lease transactions in both 2022 and 2023, the leasing market’s growth has outpaced that of previous
LCI, an aviation company owned by Libra Group, and Sumitomo Mitsui Finance and Leasing Company (SMFL), have announced an order for up to 21 of the latest-generation helicopters from Airbus. The significant order from LCI and SMFL’s joint venture, SMFL LCI Helicopters (SMFLH), includes 14 firm orders and seven options. The order comprises a mix
Saudia Group, represented by Saudia, the national flag carrier of the Kingdom of Saudi Arabia, and flyadeal, the group’s low-cost carrier, has signed a firm order for an additional 105 A320neo-family aircraft. The order comprises 12 A320neo and 93 A321neo aircraft, increasing Saudia Group’s Airbus aircraft order backlog to 144 A320neo-family aircraft. The agreement was
U.S.-based aircraft lessor Azorra has taken delivery of its first A220-300 aircraft. The aircraft, delivered from the Airbus facility in Mirabel, Quebec, Canada, will be leased to Utah-based Breeze Airways. This is the first aircraft delivered out of the 22 A220-300s ordered by Azorra. The addition of Azorra’s capabilities in the regional airline segment is
Gulfstream Aerospace Corp., has released that the all-new Gulfstream G700 has received European Union Aviation Safety Agency (EASA) type certification, following the aircraft’s Federal Aviation Administration (FAA) type certification on March 29, 2024. “The Gulfstream team is proud to add EASA to our growing G700 certification accomplishments,” said Mark Burns, President of Gulfstream. “During the
China Aircraft Leasing Group Holdings Limited (CALC), along with its subsidiaries, has announced the successful delivery of the first of three Airbus A320ceo aircraft to South African Airways (SAA) in the carrier’s 90th year of operations. The 2016-vintage A320ceo, equipped with IAE V2527-A5 engines, was previously part of Vietnamese airline Pacific Airlines’ fleet before being
Sanad, a wholly owned subsidiary of Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), has unveiled a strategic transaction with CFM Materials, the largest provider of used serviceable components for CFM International engines, during the International Society of Transport Aircraft Trading (ISTAT) Asia in Hong Kong. The sale of two CFM56-7B engines to CFM
Pratt & Whitney Canada’s (P&WC) PW545D engine is one step closer to entry into service with type certification granted on May 9, by Transport Canada Civil Aviation. In May 2023, Textron Aviation announced its new Cessna Citation Ascend business jet would be powered by PW545D twin engines. “As the latest derivative in the PW500-engine family,
The inaugural commercial flight of Condor’s freshly minted A320neo, bearing the registration D-ANCZ, took to the skies from Frankfurt, Germany, to Heraklion, Greece, on May 10, operating under flight number DE1662. Subsequent flights to Fuerteventura, Gran Canaria, Funchal, Faro, and Samos in Greece are scheduled in the days ahead. This aircraft is the first of
