Bristow Group announced it has completed the previously announced sale of 53 single-engine aircraft and related assets operating in the U.S. Gulf of Mexico to Rotorcraft Leasing Company, L.L.C. for approximately $65 million. Bristow received approximately 20% of the purchase price at closing, with the remainder to be paid from escrow as title transfers are
Boeing forecass a market for 3,710 new airplanes worth about $390 billion over the next 20 years. “China will continue to be the fastest-growing aviation center in the world, requiring 41 percent of the entire Asia-Pacific region airplane demand. This makes China the largest market outside of the U.S. for new commercial airplanes,” said Randy
A Bombardier test aircraft executed a first flight equipped entirely with an all electric braking system
Hawaiian Airlines reported the acquisition of two new wide-body Airbus A330-200 aircraft that will accelerate the start of the company’s transition to a new Airbus fleet to 2011. The two jets are in addition to the agreement that Hawaiian announced earlier this year to purchase up to 24 new Airbus aircraft. The two A330s are
Sukhoi released that the Superjet 100 is ready to undergo a certification stage. Flight certification tests of the first SSJ100 will begin right after factory flight tests have been completed. In the course of these flight tests the aircraft completed over 40 flights, having scored more than 100 hours in the air. It gained a
Emirates Airline received delivery of its second Airbus A380 superjumbo on October 24th, bringing its all wide-bodied aircraft fleet to 122, inclusive freighters. The aircraft will undergo standard checks and maintenance before entering commercial service on 27th October.
Grupo TACA, one of the leading Latin American airlines, has selected V2500 SelectOne engines to power an additional 15 Airbus A320-family aircraft. Supported by a V2500SelectSM aftermarket agreement, the value of this new deal is $400 million at list prices. El Salvador-based TACA currently operates 37 V2500-powered A320 family aircraft and is awaiting delivery of
Croatia Airlines, the flag carrier of the Republic of Croatia, has signed a firm contract with Airbus for the purchase of four A319s to add to its growing medium haul fleet aircraft. The new A319s will join its eight A320 Family aircraft already in operation. Croatia Airlines
Dubai Aerospace Enterprise (DAE), the global aerospace, manufacturing and services corporation, has acquired three Airbus aircraft ordered by Kingfisher Airlines in a sale and leaseback deal. DAE Capital, the aircraft leasing and financing business, announced the completion of the acquisition of three new Pratt and Whitney-powered Airbus A330-200 wide-body aircraft ordered by Kingfisher Airlines from
Wizz Air reported that it will expand its Hungarian operations by adding a new Airbus A320 aircraft and new routes to its Budapest base from April 2009. The new aircraft is the third Wizz Air aircraft operating out of Budapest Airport. The additional capacity will be deployed for increasing frequencies on the current network, opening
