GE Aviation received firm orders for more than 200 CF34 engines from customers since December 2012. Orders include 47 firm orders and 47 options for CF34-powered E175 aircraft from Republic Airways (January), five CF34-powered Embraer E175 and 15 CF34-powered E175 aircraft from Aldus Aviation (January), 40 firm orders and 30 options for CF34-powered Bombardier CRJ900
WestJet has entered into an agreement with a third party under which WestJet will sell 10 of its oldest Boeing Next-Generation 737-700 aircraft to that party in 2014 and 2015, and concurrently entered an agreement with Boeing to purchase 10 Boeing Next-Generation 737-800 aircraft in 2014 and 2015, effectively reducing the average age of WestJet’s
WestJet announced its first quarter results for 2013. The airline reported record net earnings of $91.1m, up from the net earnings of $68.3 million reported in the first quarter of 2012. These results mark WestJet’s 32nd consecutive quarter of profitability. Based on the trailing twelve months, the airline achieved a return on invested capital of
Airstream International Group has arranged the sale of five B737-500 aircraft. The aircraft have been acquired from Royal Air Maroc by Vx Capital Partners, a US based private investment firm. The aircraft, msn 25317, 26525, 26527, 27679 and 27680 were the last five remaining B737-500’s in the RAM fleet being remarketed by Airstream. These sales
BOC Aviationn successfully priced a US$150m re-opening of the existing US$350m 4.375% Senior Unsecured Notes due May 2023 (the “Notes”), to tap into unfilled investor demand. The re-opened issuance was more than six times subscribed with orders exceeding US$900m. Carrying the same coupon rate of 4.375% per annum and the same maturity date of 2
German-based completions and refurbishment company 328 Support GmbH, delivered the final aircraft in a series of three Dornier 328 jet conversions (MSN 3141) to Nigerian charter company SkyBird Air in early April. The Lagos based company, which was a new African customer for 328, accepted the refurbished 32 seat 328 Jet aircraft at 328’s facilities
GA Telesis and Finnair have signed an agreement, whereby GA Telesis will acquire a part of Finnair’s Engine Services and employ 80 engine services professionals from Finnair’s Engine Services. The deal comprises of the sale of tools and the transfer of the personnel to GA Telesis Engine Services Oy. GA Telesis Engine Service Oy will
Eurocopter’s EC135 will perform medical airlift duties throughout Turkey with a fleet of 17 helicopters to be flown by the Turkish Aeronautical Association’s THK Gökçen Aviation commercial arm, marking the latest major contract win for this twin-engine rotorcraft in the international emergency medical services (EMS) marketplace. Operations are to begin this August with an initial
AFI KLM E&M and Afriqiyah Airways have signed an agreement covering support for the CF680E1 engines equipping the Libyan flag carrier’s two A330-200s. This exclusive, longterm contract is for “Time & Materials” engine repairs. Afriqiyah Airways will shortly be taking delivery of three new A330-200s, the first by the end of this year, and the
Air Astana, Kazakhstan’s flag carrier, has taken delivery of its first A320 aircraft equipped with Airbus’ Sharklet fuel saving wing tip devices. The airline becomes the first in the region to benefit from the new wing-tip devices. Air Astana’s A320, powered by IAE V2500 engines, features a comfortable two class cabin, seating 148 passengers with
