FLY Leasing, a global lessor of modern commercial jet aircraft, has purchased a brand new Boeing B737-800 aircraft. The aircraft is on a long-term lease to a leading Asian airline. The purchase was financed with FLY’s unrestricted cash and its acquisition facility.
Lufthansa Technik AG and AeroTurbine Inc., a subsidiary of the International Lease Finance Corporation (ILFC) that markets engines and aircraft parts, have announced their intention to enter into a partnership. Under the terms of the agreement AeroTurbine will supply Lufthansa Technik AG with aircraft and engine components, while Lufthansa Technik will provide technical services for
Aviation Partners Boeing (APB) announced the order of 111 firm Split Scimitar Winglet Systems for Boeing Next-Generation 737 aircraft by Alaska Airlines. APB’s newest program is the culmination of a five year design effort using the latest computational fluid dynamic technology to redefine the aerodynamics of the Blended Winglet into an all new Split Scimitar
Rockwell Collins reported fiscal year 2013 earnings per share of $4.58, an increase of 10% from 2012. Total company sales for fiscal year 2013 were $4.61bn, a 2% decline from last year. The lower sales volume was driven by an 8% decrease in Government Systems sales, partially offset by a 4% increase in Commercial Systems
GE Capital Aviation Services Limited delivered a new leased Boeing 777-36NER aircraft to Kenya Airways. The aircraft comes from GECAS’ existing order book with Boeing. The new aircraft becomes the largest in Kenya’s fleet with a seating capacity of 400 and is part of the airline’s fleet expansion plans.
Comau Aerospace has been selected by Airbus to supply the aircraft main assembly and test stations for the A319, A320 and A321 aircraft in Mobile, Alabama. The project will also include future expansion for the A320 NEO. Comau Aerospace will be providing all jigs and tooling for the Mobile plant and plans to open an
Lufthansa Group reported operating result before restructuring costs and non-recurring effects increased to about €860m in the first nine months of 2013, the operating result, including non-recurring costs for the Score program and project costs for product improvements, came to €660m for the first nine months (previous year: €907m). Lufthansa Group increased its adjusted operating
The Learjet 85 aircraft’s engine nacelle was formally unveiled on October 24th by Aircelle (Safran) at the NBAA 2013 business aviation exhibition in Las Vegas, where it was declared ready for the first flight of Bombardier Aerospace’s all new business aircraft. Presenting the nacelle during an inauguration ceremony on the Safran corporate exhibit stand was
Korean Air and Boeing have finalized an order for five 747-8 Intercontinentals and six 777-300ER (Extended Range) jetliners that was announced as a commitment during the Paris Air Show in June. In addition, Korean Air has also announced an order for one additional 787 Dreamliner. The value of the combined order is valued at $3.9bn
Boeing and EL AL Israel Airlines have finalized an order for two additional Next-Generation 737-900ER (Extended Range) airplanes. The order comes just two weeks after the Israeli flag-carrier took delivery of its first 737-900ER. This order brings the total number of 737-900ERs ordered by EL AL to eight.
