China’s Zhejiang Loong Airlines has selected CFM International’s CFM56-5B engine to power 11 Airbus A320ceo aircraft. CFM values the engine order and associated service agreement at nearly $520m at list price, including spare engines. Under the terms of the Rate per Flight Hour (RPFH) service agreement, CFM will guarantee maintenance costs for all 24 CFM56-5B
GE Aviation and China Eastern Airlines have reached a 15-year OnPointSM solution agreement for the maintenance, repair and overhaul of the airline’s GE90-115B engines that power its 20 Boeing 777-300ER aircraft. The aircraft order was announced in April 2012. The OnPoint solution agreement is valued at more than $350m over the life of the agreement.
Air Lease Corporation ordered a total of 40 LEAP-1B engines to power 10 new Boeing 737 MAX 8 aircraft as well as engines for 10 additional MAX 8 aircraft that were part of a previously unidentified order.
Avolon, the international aircraft leasing group, and Airbus announced Avolon’s commitment to buy 15 Airbus A330neo aircraft. This order represents the launch of the newly re-engined A330. This commitment brings Avolon’s owned, managed and committed fleet to 222 aircraft.
Republic Airways expanded its OnPoint solution agreement for engine maintenance, repair and overhaul to its current fleet and added 101 CF34-8Es that power an additional 47 EMBRAER 175 aircraft. The expanded agreement is valued at $500m over the life of the contract.
European turboprop manufacturer ATR and the leasing company Air Lease Corporation signed an agreement for the purchase of seven additional ATR 72-600s. Air Lease Corporation has purchased ATRs every year since its first contract at Farnborough in 2010. With today’s agreement, ALC now has 28 ATR 72-600s in its portfolio.
Air Lease Corporation has ordered six GE90-115B-powered Boeing 777-300ER aircraft. The engines are valued at more than $400m list price.
BOC Aviation announced an order with Airbus for an additional 43 A320 Family aircraft, comprising seven NEOs and 36 CEOs across A320 and A321 variants, scheduled for delivery in the period to 2019. The first eight A320ceo aircraft powered by engines from IAE have been placed. Engine decisions for the rest of the fleet will
SpiceJet Airlines has selected GE’s Flight Efficiency Services (FES) to support its fleet of 52 Boeing 737 and Bombardier Q400 aircraft. GE will provide flight data analytics and fuel management to optimize the airline’s operational efficiency with the goal of substantially reducing fuel expenses for the airline.
China’s AVIC Aircraft Xi’An Aircraft Company (XAC) and Dowty Propellers have signed a letter of intent to provide propeller systems for the new MA700 aircraft. The propeller to be provided by Dowty Propellers builds on more than 75 years of experience in propeller design, manufacture and support, and incorporates new blade aerodynamic designs, along with
