SMBC Aviation Capital, the global aircraft leasing company, has reported the delivery of one Airbus A320-251N aircraft (MSN 12016) equipped with two two LEAP-1A26 engines to Air India. The aircraft and associated engines were delivered while located at the Airbus delivery centre in Toulouse, France. This is the fourth of six A320-251N aircraft contracted for
Gulfstream Aerospace has released that the all-new Gulfstream G700 has received Federal Aviation Administration (FAA) type certification, paving the way for customer deliveries. The G700’s FAA certification also confirmed two new performance improvements, giving customers increased flexibility and airport availability: a balanced field length take-off distance of 5,995 feet/1,827 metres and a landing distance of
Atlas Air Inc., a subsidiary of Atlas Air Worldwide Holdings, has unveiled the extension of its strategic collaboration with YunExpress, a subsidiary of Zongteng Group. This expansion entails the addition of a second Boeing 777-200 freighter under a long-term charter agreement. Augmenting the already fruitful alliance between Atlas and YunExpress, this additional 777 freighter is
Crestone Air Partners, an aviation asset management platform supported by Air T, has successfully acquired eleven Boeing 757-300 aircraft. This milestone transaction not only signifies substantial growth for Crestone but also underscores its capability to execute large-scale deals in niche aviation assets. All 11 aircraft were procured under existing lease agreements with Condor Airlines, a
Regional aircraft lessor Abelo has acquired four ATR 72-600 aircraft through SKY Leasing. This strategic transaction expands Abelo’s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to India’s low-cost carrier, IndiGo. Stephen Gorman, CEO of Abelo, stated “We are thrilled to welcome IndiGo as a new
Boom Supersonic has announced the first flight of XB-1, the world’s inaugural independently crafted supersonic jet. The event unfolded at the Mojave Air & Space Port in Mojave, California, marking a significant leap forward in aviation technology. Like Overture, XB-1 capitalises on cutting-edge advancements such as carbon fibre composites, state-of-the-art avionics, digitally-optimised aerodynamics and an
Following Japan Airlines‘ (JAL) board of directors meeting, the airline has announced the decision to introduce a total of 21 A350-900 and 11 A321neo aircraft from Airbus plus ten 787-9 aircraft from the Boeing Company, as part of its fleet renewal plan. On international routes, JAL will introduce an additional 20 Airbus A350-900 aircraft, currently
Korean Air has announced that it has ordered 33 state-of-the-art A350-family aircraft from Airbus, comprising 27 A350-1000s and six A350-900s. The order is valued at US$13.7 billion (£10.45 billion). The order will supplement the airline’s long-term fleet operations as it gradually retires its older aircraft. The procurement of the next-generation, eco-friendly A350 is not only
Vallair, a mature asset specialist, has finalised the sale of a CFM56-5B3/P engine (serial number 779740) to an undisclosed buyer. Recently restored to peak performance, the engine boasts full operational capability at the -5B3 thrust level, making it an ideal candidate for lease across the A320-family of aircraft. Patrick Leopold, Director of Asset Management at
Textron Aviation has come to an agreement with California Aeronautical University for the purchase of 15 Cessna Skyhawk aircraft with deliveries beginning in 2027. The new aircraft will be added to its current fleet and will be used at the various Western United States locations including Bakersfield, CA, San Diego, CA, Ventura, CA and Mesa, AZ. “For more than six
