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
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
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.
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
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
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
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
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
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
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
