International Lease Finance Corporation (ILFC) has entered into an agreement with American Airlines for the purchase and leaseback of an additional 15 new B737-800 and one new B777-300ER aircraft. The B737 aircraft are scheduled for delivery between May 2013 and December 2014. The B777 widebody aircraft is forecasted to deliver in the second half of
Boeing and Cathay Pacific Airways signed an order for three 747-8 Freighter airplanes. The order, valued at approximately $1bn at list prices, also includes options for five additional 777 Freighters. The new additions will bolster Cathay Pacific’s 747-8 Freighter fleet to 13 airplanes.
Willis Lease Finance Corporation (WLFC), a leading lessor of commercial jet engines, has entered into a transaction to purchase and leaseback a total of 19 jet engines with SAS Group subsidiary Scandinavian Airlines (SAS). Willis Lease will purchase 11 of the engines and Dublin-based Willis Mitsui & Co Engine Support Limited will purchase the remaining
Air Lease Corporation announced long term lease agreements with Air New Zealand for two new Boeing 777-300ER aircraft delivering in 2014. “We are very pleased to further our relationship with Air Lease Corporation with the addition of these two 777-300ER aircraft to our fleet. These aircraft are a great fit to our network and will
Air Lease Corporation reported another consecutive quarter of fleet, revenue, profitability and financing growth: revenues increased 95% to $656m for the year ended December 31, 2012 compared to $337m for the year ended December 31, 2011. Revenues increased 65% to $190m in the fourth quarter of 2012 compared to $115m in the fourth quarter of
Boeing and Air Lease Corporation announced an order for 10 777-300ERs (extended range) airplanes. The order, valued at $3.2bn at current list prices, adds to the growing portfolio of long-haul airplanes for the Los Angeles-based leasing company. ALC has ordered 185 airplanes from Boeing including 78 Next-Generation 737s, 80 737 MAXs, 12 787 Dreamliners and
Lufthansa Technical Training has been cleared by the National Aviation Authority of Germany (LBA) to offer online exams for officially approved courses at the LTT training sites in Hamburg and Frankfurt. Holger Beck, Chief Commercial Officer at LTT: “We’re very happy about the successful introduction of electronically supported examination procedures. The new process is highly
BOC Aviation has delivered the first of two new EMBRAER 190 aircraft to Jetairfly, an airline subsidiary of TUI Travel, one of the world’s leading leisure travel companies. The leases for both aircraft were signed last year and the second aircraft is scheduled for delivery next month. The E190s are configured with 112 slim line
Liebherr-Aerospace Toulouse SAS, Toulouse (France), is expanding its facilities by building a two-story logistics center. Construction started in mid-November 2012, with the new logistics center being scheduled to commence operations at the end of 2013. On a surface of 6,300 m², the building will house all logistic-related activities − goods receiving, incoming quality inspection, warehousing,
On February 27, Ameco Beijing completed the first Boeing 737-800 cabin modification for Air China. The cabin modification of Air China Boeing 737-800 fleet aims at elevating cabin service quality and leading China aviation market, mainly including the work scope of the first class cabin layout modification and PC power system installation. Starting from April
