Air Lease Corporation signed long term lease agreements with Travel Service (Czech Republic) for two new Boeing 737 MAX 8 aircraft. Both aircraft are from ALC’s order book with Boeing and scheduled for delivery in spring 2018 and 2019.
Boeing and Ryanair have announced an order for three Next-Generation 737-800s. The order, previously unidentified on the Boeing Orders & Deliveries website, is valued at US$280m at current list prices. With this order the Irish low-cost carrier now has unfilled orders for 174 Next-Generation 737-800s and 100 737 MAX 200s.
Rolls-Royce and Alpine Helicopters have agreed to extend a Fleet Operator Agreement supporting the Canadian company’s M250-powered fleet. Alpine Helicopters, based in British Columbia and Alberta, Canada, has been providing year-round world class helicopter services since 1961. Alpine specializes in tourism sightseeing, helicopter skiing and commercial operations. Alpine operates a total of 19 helicopters powered
GE Capital Aviation Services (GECAS) signed a contract to lease three new Boeing 737-800 aircraft to new customer Air India Express. Deliveries of the aircraft are scheduled for 2016 and are part of GECAS’ existing order book with Boeing. Air India Express is the low-cost subsidiary of Air India and operates a fleet of 17
MTU Maintenance can count VECA (Vuelos Economicos de Centro America) Airlines, a start-up carrier from El Salvador, as a new customer for the maintenance of its V2500 engines. Under the exclusive agreement, MTU Maintenance will be responsible for the airline’s engine MRO as well as on-wing services and engine trend monitoring. In addition, MTU Maintenance
Vector Aerospace Helicopter Services – North America (“HS-NA”) has signed an accordance to provide Rolls-Royce M250 engine overhaul support to Helisul Taxi Aereo. Vector Aerospace will provide Helisul with fixed labour and test pricing, competitive time and materials rates as well as access to its lease and exchange spare asset pool. “We have selected Vector
LCI Helicopters has entered into an agreement with SQN Capital Management, an independent asset manager headquartered in New York City, to manage a fleet of seven recently acquired helicopters. LCI Helicopters, the helicopter leasing arm of the Libra Group, will offer a range of services to SQN including asset management, insurance, rent collection, maintenance oversight,
PGI, a market leading specialty materials manufacturer, has made the strategic decision to extend its existing distribution partnership with Velox GmbH in Europe, bringing PGI composites products closer to its customers. Velox, a European leader in the supply of material specialities for the plastics, composites, rubber, paints and coatings industries, will be distributing the PGI
Magnetic MRO, a Total Technical Care MRO organization based in Tallinn, Estonia, completed the acquisition of an A321-131 (MSN555) for part-out. The purchase, conducted on behalf of private investors, is the start of Asset Management practice at Magnetic MRO, which offers comprehensive turn-key value creation services for aviation investors. The services cover asset acquisitions, lease
Component Control reported that Tempest Aviation Group, an independent helicopter service provider located in Prince George, British Columbia, is planning to expand its services and enterprise using Quantum Control MRO and Logistics software to manage operations. Tempest Aviation Group offers the full scope of MRO services for Bell 412, 212, 205, 206 and Airbus helicopters,
