Titan Airways, the London Stansted-based VIP charter specialist, is bolstering its fleet with the introduction of two additional Boeing 757s, taking the total number of 757s in the fleet to three. Scheduled for delivery in spring 2012, the 757s will be painted in Titan Airways distinctive livery and the interiors finished to Titan’s high standard. It
A groundbreaking ceremony on October 26th marked the official start of construction work on Eurocopter’s new manufacturing plant in Querétaro, Mexico, which will manufacture aeronautical components and subassemblies. This industrial facility – situated within the Aerotech Park adjacent to Querétaro International Airport – will be dedicated to the production and assembly of helicopter and aircraft components, such
Transaero Airlines, Russia’s second largest airline, signed a Memorandum of Understanding (MoU) with Airbus for four A380 aircraft. The agreement was signed by Olga Pleshakova, Transaero Airlines CEO and Christopher Buckley, Airbus’ Executive Vice President Europe, Asia and the Pacific. Transaero will become the launch customer for the A380 in Russia, the CIS and Eastern
JetBlue Airways has finalized its firm order for 40 A320neo (new engine option) aircraft previously announced at the Paris Air Show in June. The airline has not yet announced its engine selection for the A320neo order. With this contract, JetBlue also converts 30 of its pre-existing orders for A320s to the larger A321 model with
Bombardier Aerospace released that a Chinese airline, which has requested to remain unidentified at the present time, has signed a conditional purchase agreement for six CRJ900 NextGen aircraft. The transaction, which is the first for CRJ900 aircraft in China, includes options on an additional five CRJ900 NextGen aircraft. Based on the list price for the CRJ900
Avolon announces a US$300 million equity capital commitment from GIC, a leading sovereign wealth fund, subject to customary regulatory approval. Avolon has now secured a total of US$1.4 billion in equity capital from GIC and leading private equity firms, Cinven, CVC Capital Partners and Oak Hill Capital Partners. The equity commitment from GIC adds geographic diversity
GE Capital Aviation Services (GECAS) announced delivery of two new Boeing 737-800 aircraft leased to Royal Air Maroc. The aircraft, delivered in late August and the last week in October, come from GECAS’ existing order book with Boeing. They are the first of five new aircraft leased by GECAS to be delivered to the airline. The
airberlin has reached an agreement with the aircraft manufacturers, Airbus and Boeing, with regard to an optimization of its order books. The agreements stipulate that deliveries of new aircraft originally scheduled for 2012 and 2013 will be partly postponed until 2015 and 2016, to adapt airberlin’s capacity growth to its ‘Shape & Size’ earnings-improvement program. The
SR Technics has signed a contract with Panasonic Avionics for the installation of Panasonic’s new in-flight entertainment and connectivity (IFEC) system, the Ku-band satellite-based global communications suite (GCS). The agreement covers the modification of the Gulf Air Airbus A330 and A320 family fleet comprising 30 aircraft as well as the modification of a Middle Eastern
Embraer and Azul Linhas Aéreas Brasileiras signed a contract for the purchase of 11 EMBRAER 195 jets. The transaction increases the airline’s total orders for Embraer E-Jets to 52 aircraft. The value of this latest acquisition, at list price, is USD 497.2 million. Deliveries are scheduled to begin in 2013.
