BOC Aviation placed an order for 30 Airbus A320 family aircraft at the end of December 2015 as it continues to build on its existing order book to fulfill customer demand. This latest order comprises 18 A320 NEO family and 12 A320 CEO family aircraft. “This order underscores our continued confidence in the reliability and […]
BOC Aviation places order for 30 Airbus A320 Family aircraft Read More »
Vector Aerospace, a global independent provider of aviation maintenance, repair and overhaul (MRO) services, announced extended coverage from its UK facility for Pratt & Whitney Canada’s PW300 turbofan engine. Vector Aerospace’s Fleetlands site in Gosport has been a Designated Overhaul Facility (DOF) for the PW307A (Dassault Falcon 7X), PW308A (Hawker 4000) and PW308C (Dassault Falcon
Vector Aerospace centralises Pratt & Whitney Canada PW300 Series capability in the UK Read More »
China Express Airlines (China Express) has placed a firm order for 10 CRJ900 regional jets, raising its total orders for this model of aircraft to 38. With this transaction, China Express has exercised eight previously acquired options for CRJ900 aircraft. To date, 20 of the CRJ900 aircraft ordered by China Express have been delivered. Based
China Express Airlines orders 10 more Bombardier CRJ900 jetliners Read More »
SAS has secured a Pre-Delivery Payment Financing Facility (PDP Facility) with DVB Bank covering a portion of the pre-delivery payments that SAS is making for five Airbus A320neo under the aircraft order with Airbus. The PDP Facility is structured as a revolving credit facility under which SAS may draw up to US$46m. Through this agreement,
SAS completes Pre-Delivery Payment Financing for five Airbus aircraft with DVB Read More »
Air Lease Corporation has sold 25 ATR aircraft in its fleet to Nordic Aviation Capital A/S. These ATR aircraft have served ALC well in meeting the demand from airline customers operating shorter sector lengths. As the business has matured, ALC has focused more on its mainline jet aircraft operations with these turboprop aircraft now accounting
Air Lease Corporation sells ATR fleet to Nordic Aviation Capital Read More »
Intrepid Aviation announced the financing of one new Airbus A330-300 with DVB Bank. The aircraft delivered December 18th on long-term lease to Evelop Airlines. In addition, Intrepid Aviation also announced the financing of a second new Airbus A330-300 on long-term lease to EVA Airways. The transaction was arranged by Credit Agricole CIB as Mandated Lead
Finnair has entered into a memorandum of understanding with GECAS, on the sale and leaseback of two Airbus A350 aircraft. The financing will cover Finnair’s 6th and 7th A350 deliveries, which are currently scheduled to enter the Finnair fleet in July 2016 and February 2017, respectively. The value of the transaction at present foreign exchange
Finnair signs memorandum of understanding with GECAS and BOC Aviation Read More »
GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, reported delivery of a leased Airbus A320 to low-cost carrier VivaColombia. VivaColombia has a fleet of nine Airbus A320s, including this aircraft, operating on 20 domestic routes within Colombia and six international routes to Panamá, Quito, Lima and Miami.
GECAS delivers leased Airbus A320 to VivaColombia Read More »
BeauTech Power Systems, has acquired an Embraer E-190 aircraft, powered by CF34-10E engines, from Boeing Capital Corporation. The ten year old aircraft was previously operated by Air Canada. BPS is a leading regional aircraft leasing and engine supplier, specializing in the CF34 engine models manufactured by GE.
BeauTech Power Systems acquires Embraer E-190 Read More »
Embraer has delivered the first two E195 jets to Tianjin Airlines, the launch customer of this aircraft model in China. These two aircraft are part of the sales agreement Tianjin Airlines signed with Embraer in 2014 for 20 E195 and 20 E190 E2 jets, during Chinese President Xi Jinping’s visit to Brazil. Currently, Tianjin Airlines
Embraer delivers first two E195s to Tianjin Airlines Read More »
