Hong Kong Aviation Capital (HKAC) delivered a further new Airbus A320 purchased from Indigo Airlines and leased back. This is the 12th A320 HKAC has on lease with the airline.
airberlin, Germany’s second-largest airline company, significantly improved its net income for the traditionally strong third quarter, in comparison with the previous year. At the same time, it was able to offset strongly increasing external cost through the successful efficiency-improvement program “Shape & Size”, which will lead to an improvement of €230m in operations this year.
Air Lease Corporation (AL) placed two new ATR 72-600s (MSNs 1086 and 1096) from their order pipeline, on long term lease to Aeromar (Mexico), delivering April and May 2013.
United Technologies reported that its Pratt & Whitney unit will expand manufacturing capabilities at the company’s West Palm Beach facility. Pratt & Whitney plans to invest more than $63m to construct and equip a new building and make improvements to existing space at the facility. Construction is expected to begin in the first half of
Avianca Airlines, Colombia’s flagship airline, announced an order for three 787 Dreamliners. The order was previously attributed to an unidentified customer on Boeing’s Orders & Deliveries website and is valued at approximately $620m at published list prices.
AJW Capital Partners, part of the AJW Group of companies, has entered into a purchase agreement with Airbus SAS for two new A340-500 aircraft. The aircraft will enter commercial service with an existing AJW Group customer. AJW Capital is the AJW Group’s principal investing division and is responsible for the purchase, sale and lease of
WheelTug plc announced the execution of a letter of intent with KLM Royal Dutch Airlines, to explore possibilities to install the WheelTug aircraft electric drive system on its aircraft fleet in the future. WheelTug plc, based in Gibraltar, is developing the new technology. Subject to certification of the system and execution of a definitive agreement,
As of January 1st, 2013, Golden Air is refining its strategy to enhance the focus on Wet lease and Ad hoc Charter in Europe. As part of the strategy Golden Air will change the company name to Braathens Regional. Golden Air is owned by Braathens Aviation (75%) and the change of name and refinement of
Air France Industries inaugurated its new engine test cell on November 15th, at Paris-Charles de Gaulle airport. The outcome of a €43m investment program, the new facility, called ZEPHYR, will serve to test some 300 engines each year, including over 100 Very Big Engines (VBE), delivering an optimized service to clients in terms of processes
Hainan Airlines selected GE Aviation’s GEnx-1B engines to power its two additional Boeing 787 aircraft. This bring Hainan Airlines’ total GEnx-powered Boeing 787 Dreamliner fleet to 10 aircraft. Hainan Airlines also expanded its long-term service agreement to include the additional GEnx engines. As part of the agreement, Hainan’s GEnx engine fleet will be maintained in
