Aviation Finance Corp. (AFC) and Natixis have completed the first ever multi tranche debt capital market $263m Pre-Delivery Payment (PDP) financing for 8 Airbus A330 aircraft to Synergy Group, majority owner of Avianca a leading Latin America airline conglomerate. Airbus will deliver eight A330-200s to the airlines. The aircraft will operate in the groups’ expanding
Delta TechOps, the maintenance division of Delta Air Lines, has received the Approved Organization Exposition (AOE) certificate of the Japanese Civil Aviation Bureau (JCAB), creating opportunities for Delta TechOps to offer its maintenance, repair and overhaul (MRO) services to operators licensed by the JCAB. The JCAB approval covers Turbine Engines (initially CFM56-5B series and CFM56-7B
WheelTug reported the execution of a Slot Purchase Agreement with Icelandair. With the new reservations the order book of WheelTug aircraft drive systems grows to 573 delivery slots reserved by eleven airlines from Europe, America, the Middle East and the Far East. Icelandair becomes the first carrier to reserve WheelTug Delivery Slots for 737MAX aircraft.
Airbus confirms that the A350 XWB first flight is planned for this Friday, 14th June, based on current visibility of the programme and the flight test status. Weather conditions permitting, the A350 XWB “MSN1” will take off from Toulouse-Blagnac airport at around 10:00 am local time. The A350 XWB flight test teams are now carrying
AWAS has delivered an Airbus A330-300 from its current portfolio to Air Europa, a well-established Spanish charter and scheduled service airline. The airline will use this modern widebody aircraft to enhance trans-Atlantic service to its passengers. Air Europa’s network covers a large part of the Spanish territory, as well as destinations in Europe, Western Africa
Boeing projects a demand for more than 35,000 new airplanes over the next 20 years, valued at $4.8 trillion. The company released its annual Current Market Outlook (CMO) on June 11th, in Paris, forecasting the world fleet to double over the next two decades. Both passenger traffic and cargo traffic are expected to grow 5%
Nextant Aerospace, maker of the Nextant 400XTi, the world’s only remanufactured business jet, has announced Jet Aviation Geneva as an authorized service center for Europe. Signed at EBACE, the contract will see Jet Aviation Geneva provide maintenance services for Nextant’s growing fleet of aircraft across the continent. Just last month the companies signed a similar
British Airways will take delivery into the UK of its first two 787s on consecutive days, June 26th and 27th, followed by its first A380 on July 4th. Keith Williams, chief executive, said: “The delivery of these exciting aircraft opens a new chapter in British Airways’ history. We are proud to be leading the way
Rolls-Royce has been selected by Singapore Airlines Group to power 50 Boeing 787 Dreamliner aircraft with Trent 1000 engines. The announcement, which includes long-term TotalCare service support, is worth $4bn at current list prices. Thirty Boeing 787-10X aircraft will be operated by Singapore Airlines. The airline’s subsidiary, Scoot will operate 10 Boeing 787-8 and 10
Embraer selected important suppliers for the second-generation E-Jets, whose commercial launch should occur this year. This new family of jets is expected to go into service in 2018. Intertechnique, a company belonging to the Zodiac Aerospace Group, will supply the systems for engine and APU fuel feed, pressure refueling, fuel transfer, fuel tank inerting and
