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Aircraft & Engines

Olympic Air has taken delivery of one new ATR72-600 aircraft © Abelo

Abelo leases new aircraft to Olympic Air

Abelo, the Irish-based lessor, has announced the lease of a new ATR72-600 aircraft to Olympic Air, a member of the AEGEAN Group. The aircraft, part of Abelo’s order of thirty ATR aircraft, has just been delivered to Olympic Air. This strategic addition will support Olympic Air’s efforts to expand its regional presence in Greece. Since

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The Japan Coast Guard has placed an additional order for three H225 helicopters © Airbus

Japan Coast Guard boosts fleet with additional H225 order

The Japan Coast Guard (JCG) has placed an additional order for three H225 helicopters, increasing its total H225 fleet to 18. As the largest Super Puma operator in Japan, the Coast Guard received three H225s in December 2023 and one in February 2024 to bolster its expanding fleet. These new helicopters will support territorial coastal

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LEAP-1A engine © CFM International

CFM International ships first LEAP-1A engines with RBS to Airbus

CFM International has dispatched the inaugural production LEAP-1A engines equipped with its new reverse bleed system (RBS) to Airbus, anticipating entry into commercial service by mid-year. This new production configuration hardware will also undergo installation in the existing fleet by airlines and overhaul shops. Additionally, CFM plans to introduce the RBS on the LEAP-1B engine.

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Airbus

Airbus forecasts North America’s aircraft services market to surge 45% by 2042

North America’s commercial aircraft services market is projected to experience substantial growth, reaching US$45 billion by 2042, a 45% increase from the current US$31 billion, as per Airbus’ latest Global Services Forecast (GSF). Following the pandemic, North America emerged as one of the earliest and strongest regions to recover. The demand for domestic and international

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First flight of the E190F © Embraer

E190F, Embraer’s first E-Freighter conversion, takes off on maiden flight

The inaugural flight of the E190F, the first E-Freighter conversion from passenger transport to cargo aircraft, marked a milestone as it soared through the skies above São José dos Campos, Brazil on April 5. Conducted by the Embraer team, the flight lasted approximately two hours, during which the E-Freighter underwent comprehensive evaluations. Further testing is

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Avolon and Cebu Pacific have finalised an agreement for the sale and leaseback of four Airbus A330neo aircraft © Avolon

Avolon, Cebu Pacific sign sale and leaseback deal for A330neos

Aviation finance powerhouse Avolon has finalised an agreement with Cebu Pacific, the renowned low-cost carrier from the Philippines, for the sale and leaseback of four brand-new Airbus A330neo aircraft. The delivery schedule spans from late 2024 to 2026, with the first aircraft set for arrival later this year. These cutting-edge aircraft will play a pivotal

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AerCap

AerCap’s first quarter 2024: leases, purchases, sales and more

AerCap Holdings has provided an extensive overview of its business activities during the initial quarter of 2024. Throughout this period, the company has been actively involved in various significant transactions across its diverse portfolio. The company inked a total of 82 lease agreements, encompassing a wide array of aviation assets. These agreements included leases for

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The Pearl 10X took to the skies on Rolls-Royce's dedicated Boeing 747 flying testbed © Rolls-Royce

Rolls-Royce commences flight testing for Pearl 10X engine

Rolls-Royce has successfully kicked off the flight test campaign for its latest aero engine for the business aviation market, the Pearl 10X, on the company’s dedicated Boeing 747 flying testbed. The engine has been selected by French aircraft manufacturer Dassault to exclusively power its brand-new flagship aircraft, the Falcon 10X. The start of flight testing

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Rendering of Korean Air Airbus A350 © Airbus

Korean Air finalises order for 33 Airbus A350s

Korean Air has solidified its commitment to the Airbus A350 family, marking a significant milestone as a new customer with the signing of a firm order for 33 aircraft. The order comprises 27 A350-1000s and six A350-900s. With its remarkable fuel efficiency and reduced carbon emissions, the A350 will revolutionise Korean Air’s intercontinental routes, offering

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