Aircraft & Engines

Siam Air Transport receives two Boeing 737-800 aircraft on lease from Air Lease Corporation

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.

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Boeing and China sign orders and commitments for 300 aircraft

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

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PEMCO redelivers 10th B737-300F Freighter to SF Airlines

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

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SAS receives new A330-300 version with longer range

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

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FLY Leasing sells older aircraft, continuing fleet renewal strategy

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

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City Airways' leased 737-400 to be repossessed by lessor Logistic Air

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

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