Nexus Aviation Ventures has signed a lease agreement with BBN Airlines based in Istanbul, Türkiye for one Airbus A321-200 passenger aircraft. MSN 2916 is currently located in Tucson, Arizona undergoing its pre-delivery checks for BBN. BBN is a Turkish airline focused on the ACMI markets. Strategically located in Istanbul, the airline currently operates a fleet
Global investment group CDPQ and SMBC Aviation Capital, one of the world’s leading aircraft leasing companies, have officially completed an agreement to establish a US$1.5 billion global aircraft financing and leasing platform dedicated to modern, fuel-efficient NextGen aircraft. The platform will target worldwide opportunities in new-technology aircraft, with an initial deployment of US$500 million per
Specialist regional aircraft lessor TrueNoord has purchased two Embraer E175 jets on lease with Air Canada. The recent closing of this transaction marks the completion of TrueNoord’s acquisition of ten Embraer aircraft from Nordic Aviation Capital (NAC), first announced in January 2023. The aircraft are already deployed across the Air Canada Express network which flies
Embraer reported the delivery of 75 aircraft in the fourth quarter of 2023 (4Q23), comprising 49 executive jets (30 light and 19 medium), 25 commercial jets, and one military C-390 jet. Despite facing supply chain challenges impacting 2023 deliveries, the company experienced a 13% increase compared to 2022, delivering a total of 181 aircraft. The
Boeing announced on Monday, January 29, that it is retracting its request for a crucial safety exemption, potentially hindering US regulators’ efforts to expedite the certification process for the upcoming 737 MAX 7. This move comes as a repercussion of the ongoing crisis surrounding the aircraft manufacturer. In the wake of a distressing mid-air cabin
StandardAero’s San Antonio facility has delivered its milestone 200th Rolls-Royce RB211-535 turbofan engine, less than five years after inducting its first powerplant. StandardAero provides RB211-535 maintenance, repair and overhaul (MRO) services in support of the global fleet of Boeing 757 aircraft, serving the needs of cargo and passenger operators worldwide. StandardAero entered into a life-of-type
As part of the state visit by French President Emmanuel Macron to India, Akasa Air and CFM International have jointly revealed an agreement for the acquisition of CFM LEAP-1B engines to power 150 Boeing 737 MAX airplanes. The announcement follows the recent declaration of the sale of these aircraft. This comprehensive agreement encompasses spare engines
Dubai Aerospace Enterprise (DAE) has reached an agreement with Turkish Airlines for the lease of ten new Boeing 737-8 aircraft. The aircraft are scheduled to deliver in 2025. Commenting on the agreement, Firoz Tarapore, Chief Executive Officer of DAE, said, “We are delighted to further deepen our already strong and long-term relationship with Turkish Airlines
Against the backdrop of improved market conditions in 2023, Jackson Square Aviation (JSA) has reported a year of stability and recovery for the majority of the world’s airlines. JSA’s strategic initiatives during this period included the expansion of its fleet, with the addition of 32 aircraft through sale and leaseback as well as finance lease
SMBC Aviation Capital has reported the delivery of one Airbus A320-271NX aircraft (MSN 11786) to JetSMART Airlines. The aircraft was delivered while located at the Airbus delivery centre in Mobile, Alabama. This is the fourth of five aircraft contracted between SMBC Aviation Capital Limited and JetSMART Airlines (two A320neos plus three A321neos) from the company’s
