Boeing confirmed that 9 Air has committed to 50 Boeing 737s, including Next-Generation 737s and 737 MAXs. The airline intends to introduce the best-selling, 737 family of airplanes into its fleet as it prepares to launch revenue service later this year. Based in Guangzhou, 9 Air is China’s newest low-cost airline and is also a
Mexico City-based VivaAerobus formally launched its fleet transition to A320 aircraft on May 14th, after the airline started operating its first three Airbus A320 aircraft in April. The low cost carrier will receive an additional two A320s before the end of 2014. The A320s, powered by IAE, are configured in an all economy 180 seat
The European regional aircraft manufacturer ATR reported an outstanding order intake of over 100 firm ATR aircraft in the first four months of 2014. The ATR-600 series aircraft are leading the way among all regional aircraft. Since the beginning of the year, sales of new ATR -600s represent over 80% of total orders for regional
Avolon delivered a Boeing 737-800 NG to Lion Air on May 6th. This is the first delivery of a six aircraft sale and leaseback deal with Lion Air, which includes four Boeing 737-800NG aircraft and two Airbus A320-200.
Waypoint Leasing, a leading helicopter leasing company, has closed on a five year US$72.5m term loan facility led by Goldman Sachs. The facility will be used to refinance certain existing helicopters previously acquired and financed under Waypoint’s recently upsized $385m revolving credit facility. The additional debt capacity enables Waypoint to continue its significant build out
Modern Logistics S.A., Brazil’s first logistics company to integrate air operations within its supply chain, has signed a comprehensive diagnostics services agreement with CFM International for the CFM56-3 engines powering its Boeing 737-400 freighter aircraft. Modern Logistics will begin operations with 737-400 special freighter airplanes later this year as it launches the air solution portion
MTU Maintenance, one of the leading providers of commercial aero engine maintenance, has signed a new contract with the state-owned Venezuelan carrier CONVIASA for engine overhaul and on-wing support services of its General Electric CF34-10 engines including lease engine services. Under the exclusive contract, MTU Maintenance will be responsible for the maintenance of all CF34-10
Royal Jordanian Airlines will support its 787 Dreamliners with Boeing’s Rotable Exchange Program. Under the 10-year agreement, Boeing will supply Royal Jordanian 787s with a dedicated pool of high-value, mission-critical parts, enabling the airline to greatly reduce their inventory management costs while improving component availability. A rotable part is designed to be repeatedly and economically
GECAS announced delivery of a new leased Boeing 777-ER aircraft to Kenya Airways to expand the carrier’s fleet. The aircraft comes from GECAS’ existing order book with Boeing.
Boeing and International Lease Finance Corporation (ILFC) announced that two 787-8 Dreamliners will be leased by ILFC to the Italian carrier Neos. Based at Milan Malpensa Airport in northern Italy, Neos will become the country’s first 787 operator when it takes delivery of the airplane in 2018. Neos currently operates an all-Boeing fleet of six
