AirAsia, the largest low cost airline in Asia, has placed a new order with Airbus for 100 more A320 Family aircraft. The contract covers an additional 64 A320neo and 36 A320ceo aircraft for operation across the carrier’s network. The contract reaffirms AirAsia’s position as the largest A320 Family airline customer in the world. Altogether, the
Mitsubishi Aircraft Corporation and SkyWest reported that they have executed a definitive agreement for the purchase of 100 MRJ90 aircraft and up to an additional 100 option aircraft. The agreement sets forth respective rights and obligations that enable Mitsubishi Aircraft and SkyWest to mutually position themselves for opportunities in the US regional airline industry. MRJ
International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, (AIG), has priced $287,042,000 1.492% prefunded secured notes due 2025 guaranteed by the Export-Import Bank of the United States (Ex-Im Bank). “This first-ever Ex-Im Bank financing for ILFC will further support our company’s goals of diversifying capital sources and reducing average funding
Sabena technics has contracted a cabin modification project for two Airbus A320 and one Airbus A318 with an undisclosed Middle East VIP operator. Within the scope of this contract, Sabena technics is carrying out VIP cabin modification as well as SATCOM systems installation. The work is being performed by Sabena technics’ expert team at its
Founded in 2004, MAINtag is a leading manufacturer of RFID solutions including tags, readers and innovative business software, primarily for the aerospace industry. MAINtag began working with Airbus in 2010, supplying the FLYtag solution for the identification and tracking of components embedded on the A350 XWB. MAINtag will deliver, over an eight-year period, the latest
European turboprop aircraft manufacturer ATR and Latin American aviation group AviancaTaca Holding announced the signature of a major contract for the purchase of 15 ATR 72-600s, plus options for 15 additional aircraft. The deal, including the options, is valued at close to US$700m. Avianca and Taca recently made its final choice after an exhaustive evaluation
Bristol Associates, as remarketing agent for United Airlines, has completed the sale of a United/Continental owned 1994 vintage B737-524 aircraft (MSN 27325) to BLF Limited (Bermuda). The aircraft will be operated by UTAir Ukraine (Ukraine).
Zodiac Aerospace, a world leader in aerospace equipment and systems for commercial, regional, and business aircraft, has entered into a definitive agreement with the shareholders of Northwest Aerospace Technologies (NAT) to acquire the company. NAT, headquartered in Everett, near Seattle, provides engineering services and cabin retrofit program management services to airlines. NAT has about 160
The fast-paced deliveries of four new EC135s to Skärgårdshavets Helikoptertjänst Ab (SHT) during the fourth quarter of 2012 is enabling this Finnish operator of emergency medical airlift services and air ambulance flights to modernize its helicopter fleet. These rotorcrafts are replacing three older EC135s operated by SHT, bringing its total inventory to five of these
Starflyer, Japan’s fast-growing, value-based airline, has taken delivery of its first ever directly purchased aircraft, an Airbus A320, during a delivery ceremony in Toulouse, France. The aircraft is the first of three A320s ordered by the company in 2011, and is powered by CFM56-5B4/P engines. It will accommodate 150 passengers in a single-class configuration. Starflyer
