Aircraft & Engines

AWAS delivers to VietJet additional new A320 passenger aircraft on lease

AWAS has delivered to Vietjet the second of two planned new A320 passenger aircraft in 2016 to assist with the airlines’ rapid growth. AWAS has provided a financing solution for these two aircraft and has placed them on long-term leases with the airline. This marks the fourth transaction between the parties for a total of […]

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Embraer Executive Jets delivers first Phenom 100E to Etihad Flight College

Embraer Executive Jets has delivered the first Phenom 100E to Etihad Flight College, a wholly-owned subsidiary of Etihad Airways, the national airline of the United Arab Emirates. The aircraft arrived on June 12th, in the city of Al Ain, base of the flight school established to train ab-initio pilots for the airline’s rapidly expanding fleet.

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SkyQuest International sells a 2006 Cessna Citation XLS to Roman Capital Investments

SkyQuest International reported the sale and delivery of one 2006 Cessna Citation XLS (Serial Number: 560XL-5629, Registration: N560PM) to Roman Capital Investments. The turbofan-powered, mid-sized Cessna Citation XLS is part of the wide-ranging and very popular Citation brand of business jets built by the Cessna Aircraft Company. The XLS evolved from the earlier Citation Excel

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Hainan Airlines takes delivery of first 787-9 Dreamliner

Hainan Airlines took delivery of the carrier’s first 787-9 Dreamliner. Hainan becomes China’s first operator of both the 787-8 and 787-9 variants of the Dreamliner family. Hainan Airlines, the largest privately owned airline in China, leased the airplane through an agreement with Air Lease Corporation (ALC). The delivery is also the first 787-9 Dreamliner to

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Guggenheim Aviation Partners closes financing of 2 A330-300s on lease to Delta Air Lines

Guggenheim Aviation Partners has successfully closed a term debt facility covering two Airbus A330-300 aircraft arranged by DVB Bank SE. The two widebody aircraft were delivered new to Delta Air Lines from Airbus and are on long term operating leases. Stephenson Harwood acted for GAP as lessor’s counsel while Vedder Price advised DVB for this

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Irkut to roll out first of the MC-21 family on June 8, 2016

Irkut announced that it will hold the official roll out of the first MC-21 300 aircraft, designated for flight testing, on June 8. According to Mr Ole Demenchenko, Irkut Corporation’s president, “Construction of the first aircraft is the significant milestone of the MC-21 program. We are looking forward to greet at Irkutsk Aviation Plant delegations

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C Series aircraft successfully completes passenger flight

Bombardier Commercial Aircraft announced the successful completion of a C Series aircraft demonstration flight carrying senior executives from about twenty Star Alliance member airlines and media representatives. The historic flight of the innovative C Series aircraft, which features state-of-the-art technologies, departed Dublin at the conclusion of the 2016 Annual General Meeting of the International Air

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Air Lease Corporation sells 25 Embraer aircraft to Nordic Aviation Capital

Air Lease Corporation signed an agreement to sell 25 of its Embraer E190 and E175 aircraft in its fleet to Nordic Aviation Capital A/S (“NAC”). These Embraer aircraft have served ALC’s customers well, fulfilling regional passenger traffic demand. Over the past six years, ALC’s business has matured and has focused on mainline jet aircraft operations

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MTU Maintenance and Embraer sign lease engine cooperation

MTU Maintenance Lease Services B.V., a subsidiary of German aircraft engine manufacturer MTU Aero Engines, is enhancing its existing services through a cooperation with Brazilian aircraft manufacturer Embraer Aviation International SAS. A new service was created and foresees the provision of spare lease engines and lease engine support services to Embraer’s E-jet operators in Europe,

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