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
GE Aviation announced plans to bring high volume additive manufacturing to its facility in Auburn, AL. This facility will be the first of its kind to mass produce additive components for the jet propulsion industry. GE will invest $50m in the existing 300,000-ft² facility to prepare for the additional work. Upon completion, GE investment will
Dublin-based international aircraft leasing company Avolon has increased its order for CFM International’s LEAP-1B engine to power 20 new Boeing 737 MAX aircraft, including five 737 MAXs which it has today reconfirmed with Boeing. CFM values the total engine order at $520m at current list prices.
SriLankan Airlines and GE Aviation signed a contract for a five-year OnPoint solution agreement for the maintenance, repair and overhaul of the CFM56-5B engines that power its Airbus A320 aircraft.
