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FLY Leasing upsizes aircraft acquisition facility to $450m

FLY Leasing, a leading global lessor of modern commercial jet aircraft, has increased the size of its aircraft acquisition facility from $250m to $450m. The facility’s availability period has also been extended for two years, followed by a three year term out period to July 2018. The margin on the facility was reduced by 0.50%

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REX purchases aircraft spares package from Pinnacle Airlines

The Regional Express Group (Rex) has purchased the entire Saab 340 spare parts holdings from Pinnacle Airlines in the USA. The Pinnacle spare parts package consists of spares from Mesaba Airlines and Colgan Air who together in the past operated over 80 Saab 340 aircraft. The spares package has over 215,000 items and includes engines,

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Avinco leases A321 to Kolavia on behalf of TUI

Avinco, the aircraft investment manager and remarketing specialist, has placed a 1998 vintage A321-200 aircraft, MSN852, on lease to Kolavia-Metrojet on behalf of a subsidiary of TUI Travel. The aircraft was delivered to the Russian charter airline on June 5th, on a 5 year operating lease. The aircraft has been operated by Thomsonfly (UK) since

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Firefly welcomes first ATR 72-600

Firefly, Malaysia Airlines’ subsidiary carrier has taken ownership of its first brand-new ATR 72-600. The aircraft is the first of 20 latest generation firm ATRs, plus 16 options, ordered by Malaysia Airlines in December 2012. Firefly currently operates 12 ATR 72-500s, and with the arrival of the new ATR 72-600s will almost triple its exclusively

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Hainan Airlines takes delivery of first 787 Dreamliner

Hainan Airlines took delivery of the airline’s first 787 Dreamliner, which is the first of 10 787s for the airline. Hainan Airlines will first operate the Dreamliner on a domestic route from Beijing to Haikou. Thereafter, the airline will deploy the 787 on its North America routes, increasing the frequency of its Beijing-Seattle, Beijing-Toronto and

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Tunisia’s Syphax Airlines orders the A320neo and the A320ceo

Syphax Airlines, a new Tunisian based airline, has confirmed its order to buy three A320neo. The order is the first time an African based carrier has ordered the NEO and marks a significant breakthrough for Airbus in one of the world’s fastest developing markets. Syphax have also ordered three A320ceo aircraft. The aircraft will be

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Direct Maintenance commences A330 line maintenance support for Meridiana

Meridiana based on Sicilia, Italy, has awarded another support agreement to Direct Maintenance for A330 line maintenance, this time applicable to Amsterdam Schiphol Airport. Meridiana is a long standing loyal customer of Direct Maintenance for A330 line maintenance services in Mombasa (MBA, Kenya) and Zanzibar (ZNZ, Tanzania). Its partnership with Direct Maintenance was extended to

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British Airways' first A380 arrives at Heathrow home

British Airways is the first UK carrier to take delivery of the A380, the world’s largest commercial jet. British Airways is also the first airline in Europe to operate both the A380 and the Boeing 787 Dreamliner, the first two of which landed at Heathrow in the last week of June. The airline announced that

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Rex purchases seven SAAB 340Bplus aircraft

Regional Express (Rex) has purchased seven latest generation Saab 340Bplus aircraft. The aircraft were originally operating in the Rex fleet under a lease which expired on 2nd July 2013. The acquisition was funded by Rex’s operating cash flows. The purchase brings the number of Saab 340 aircraft owned by Rex to 33.

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Italian Police receive first two AW139 Helicopters

AgustaWestland reported that the Italian Police has taken delivery of its first two AW139 intermediate twin engine helicopters on schedule. These helicopters will be operated by the 1st Aviation Unit of the Italian Police and based at Pratica di Mare, close to Rome. Additional aircraft will be delivered to the customer in the coming months.

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