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Aircraft & Engines

Bombardier surpasses 1,500th CRJ Regional Jet delivery

Bombardier Aerospace announced that the CRJ Series program has celebrated and exceeded its 1,500th delivery milestone. The 1,500th aircraft, a CRJ900 NextGen model, was handed over to Northwest Airlines in March, 2008, and will be operated by Mesaba Airlines, a Northwest Airlink carrier.

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Rockwell Collins' net income increases 20%

Rockwell Collins reported net income of $168 million for the second quarter of fiscal year 2008 ended March 31, 2008, an increase of $28 million, or 20% over fiscal year 2007 second quarter net income of $140 million. Second quarter fiscal year 2008 sales increased $103 million, or 10%, to $1.186 billion compared to year

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AerCap releases first quarter transactions

AirCap signed new lease agreements for 23 aircraft, delivered seven aircraft and ten engines under lease agreements, purchased 19 aircraft, sold eight aircraft, and disassembled three older aircraft. In addition to transactions closed in the first quarter 2008, AerCap closed two financing transactions during April 2008 which increased available funding by $338 million. These debt

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Nextant Aerospace wins exclusive Pro Line 21 contract

Nextant Aerospace announced an exclusive contract with Rockwell Collins to provide a Pro Line 21 Major Retrofit program for the Beechjet 400A. The initial 40 aircraft order is placed against a planned production requirement for 436 aircraft with a total value of $62 million. Nextant expects STC approval in the third quarter of 2008 with

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Silkair chooses V2500 engines

Singapore-based Silkair has selected the International Aero Engines V2500 to power up to 20 new Airbus A320 family aircraft. The engines will be backed by a V2500Select agreement and, if all orders are realized, the combined engine purchase and aftermarket agreement is valued at $580 million to IAE. Silk Air currently has 15 V2500-powered A320

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Bangladeshi carrier Biman orders four 777-300ERs and four 787-8s

Biman Bangladesh Airlines and Boeing announced the airline’s order for four 777-300ER and four 787-8 Dreamliner airplanes at a signing ceremony in Dhaka, the capital of Bangladesh. Biman Bangladesh Airlines, which began as a government-owned national carrier in 1972, became Bangladesh’s largest public limited company in 2007. The order for new Boeing airplanes represents a

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Aviation Capital Group reports first quarter 2008 activity

Aviation Capital Group said that it completed 13 aircraft lease and sale transactions during the first quarter of 2008. The transactions are: B737-800, purchase, Skymark Airlines B737-700, extension, Virgin Blue B737-800, purchase, Sun Express B737-300, new Lease, Oceanair B737-300, new Lease, Oceanair B737-300, new Lease, Oceanair B737-800, purchase, Sun Express A319-100, new Lease, Brussels Airlines

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Airbus to flight test P&W Geared Turbofan engine

Airbus and Pratt & Whitney will partner on flight testing the Geared Turbofan engine using an Airbus-owned A340 flying test bed. The flight testing will provide first-hand experience with the performance of the Geared Turbofan engine, which targets double-digit improvements in fuel burn, environmental emissions, engine noise and operating costs. The Airbus testing will begin

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Aviation Capital Group orders 17 Boeing 737's

U.S.-based commercial jet airplane leasing company Aviation Capital Group (ACG) announced an order for 17 Next-Generation 737 airplanes. The airplanes will be equipped with performance-enhancing Blended Winglets, which improve fuel efficiency and reduce CO2 emissions. With this latest order ACG has ordered a total of 81 Boeing airplanes — 76 Next-Generation 737s and five 787

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