GE Capital Aviation Services (GECAS) signed a purchase-and-leaseback agreement with Frontier Airlines for nine new Airbus A321 aircraft. Delivery of the first new aircraft is scheduled for October 2015 with the remaining new deliveries scheduled in 2015 and 2016. All nine aircraft are powered by CFM56-5B3 engines and are part of Frontier’s existing orderbook with […]
Air Lease Corporation announced lease agreements with Siam Air Transport (Thailand) for two used Boeing 737-800 aircraft. These aircraft will deliver in the fourth quarter of 2015. Founded in 2013, Siam Air Transport is based at Bangkok’s Don Mueang Airport. They currently operate two Boeing 737-300s to three destinations in Hong Kong and China.
Boeing and China’s President Xi Jinping signed orders and commitments for 300 Boeing narrowbody and widebody aircraft and expanded collaboration between Boeing and China’s commercial aviation industry. Together, Boeing and China committed to further advance development of China’s commercial aviation industry and meet strategic business objectives for Boeing in the world’s largest airplane market going
Boeing and China sign orders and commitments for 300 aircraft Read More »
PEMCO World Air Services (PEMCO) has announced the redelivery of a converted B737-300F (MSN 27522) to S.F. Airlines, the air cargo division of Shenzhen-based logistics specialist S.F. Express, one of the leading couriers in China. PEMCO has now completed a total of 10 737-300/400 freighter conversions for the airline. The original contract, signed in July
PEMCO redelivers 10th B737-300F Freighter to SF Airlines Read More »
China Eastern Airlines has taken delivery of its 50th A330 aircraft at a ceremony celebrated on Friday 18th in Toulouse, France. Powered by Rolls Royce Trent 700 engines, the A330-200 features a comfortable two class cabin layout seating 30 passengers in business class and 203 in economy. China Eastern began operating the A330 in 2006
China Eastern Airlines receives 50th A330 Read More »
Hong Kong Aviation Capital (HKAC) delivered another new A320-200 to Volaris, an ultra-lowcost airline in Mexico, being the second of seven A320 aircraft that it will lease to the airline under a purchase and lease back arrangement.
Hong Kong Aviation Capital delivers second A320-200 to Volaris Read More »
Scandinavian Airlines is the first European airline to receive the new A330-300 242-tonne Maximum Take-Off Weight (MTOW) variant. The aircraft was delivered to SAS during a ceremony held at Airbus in Toulouse, France. SAS has selected Rolls-Royce Trent 700 engines to power its new A330-300. Launched in 2012 as Airbus’ latest evolution to the twin-engine
SAS receives new A330-300 version with longer range Read More »
FLY Leasing has contracted to sell 12 older aircraft from its portfolio for US$240m. The sale is anticipated to produce a US$12m pre-tax gain. In connection with the transaction, FLY anticipates recording US$3m in non-cash charges relating to debt modification and extinguishment costs. The aircraft will transfer individually to the new owner, with all transfers
FLY Leasing sells older aircraft, continuing fleet renewal strategy Read More »
A City Airways (Thailand) leased 737-400 Reg. HS-GTG is to be repossessed by lessor Logistic Air, 3 months after the lease commenced. Logistic Air, has begun repossession procedures due to non-payment of monthly dues by City Airways. Logistic Air, has become the third lessor in a 2-year period to take action to repossess an aircraft
City Airways' leased 737-400 to be repossessed by lessor Logistic Air Read More »
Hong Kong Aviation Capital (HKAC) established a new leasing relationship with Indonesia’s largest low cost carrier Lion Air, delivering two Boeing 737-800s aircraft on long term leases.
Hong Kong Aviation Capital to lease two Boeing 737-800 aircraft to Lion Air Read More »
