The next-generation aviation start-up MightyFly asserts that it is the first company to be developing a large, autonomous eVTOL cargo drone, has received approval from the Federal Aviation Administration (FAA) for a flight corridor. This approval marks a significant achievement for MightyFly, signifying a notable advancement in the realm of drone delivery services. The newly
ATR announced the signature of a firm order for 10 ATR 72-600s with Avation PLC. Deliveries are scheduled between 2025 and 2028, showcasing Avation’s long-term vision and confidence in the relevance of ATR’s products to serve the regional aviation market. The agreement is further complemented by 24 purchase rights, extending until 2034. This order represents another significant development in the
Embraer has achieved a new delivery milestone on the world’s favoured small, narrow-body aircraft programme: the handover of the 1800th E-Jet production aircraft. The latest E190-E2, owned by Azorra, was delivered to Royal Jordanian Airlines today at Embraer’s facility in São José dos Campos, Brazil. E-Jets have achieved worldwide success in the fleets of 90
CDB Aviation, an entirely owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), has finalised the acquisition of four Airbus aircraft from Avolon. The acquired assets include one A330-900, two A321neo and one A320ceo aircraft, featuring both fixed and floating rate leases with CDB Aviation’s current and new airline clientele. “We
Bombardier has disclosed that its customer NetJets has emerged as the previously undisclosed purchaser of 12 Challenger 3500 aircraft. Initially announced in December 2023, the transaction, pegged at US$326.4 million based on prevailing list prices, could potentially surpass US$6 billion if all optional 232 Challenger 3500 jets are eventually acquired. This procurement further enhances NetJets’
Specialist regional aircraft lessor TrueNoord has finalised a sales agreement for an additional eight aircraft with Nordic Aviation Capital (NAC). This portfolio of aircraft, comprising one Dash 8-400 and seven E190s, will expand TrueNoord’s fleet of new and young in-production turboprop and regional jets to 94 aircraft. The transaction encompasses four aircraft operating in the
Aviation Capital Group (ACG), a premier global full-service aircraft asset manager, has delivered one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (SAS). Featuring CFM International LEAP-1A engines, this is the eleventh aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-and-leaseback transaction between ACG and SAS. ACG specialises in
Turkish Airlines, Airbus, and Rolls-Royce came together at Turkish Airlines’ headquarters in Istanbul to commemorate the momentous order for 150 A321neo and 80 A350-family aircraft placed in December 2023. The gathering was attended by distinguished figures including the Turkish Minister of Trade, Prof. Ömer Bolat, Minister of Industry and Technology, Mehmet Fatih Kacır, Minister of
ACIA Aero Leasing (ACIA), a regional aircraft lessor, has reported the delivery of the first of two ATR 72-500 bulk freighters to Thailand’s newest airline, Pattaya Airways. Pattaya Airways received the aircraft (MSN745) earlier in April 2024, with the second (MSN742) scheduled to be delivered this May. “We are very pleased to be entering a
IndiGo, India’s leading airline, has finalised a firm order for 30 A350-900 aircraft, marking a significant expansion opportunity for IndiGo to broaden its network and connect various Indian metros to destinations worldwide. These aircraft will be equipped with Rolls-Royce Trent XWB engines, combining mission capability with the efficiency of the Trent XWB engine to provide
