Aircraft & Engines

Finnair signed on December 17th, 2014 a Memorandum of Understanding (MoU) with GOAL German Operating Aircraft Leasing GmbH for the sale and leaseback of three Embraer 190 aircraft. The transaction has now been concluded. The value of the transaction was approximately 60 million euros at current market value and the transaction will not have a […]

Air Lease Corporation (AL) announced long-term lease agreements with Air Austral for two new Boeing 777-300ER aircraft. Both aircraft are from ALC’s order book with Boeing and are scheduled to deliver in the fall of 2016.

Finmeccanica-AgustaWestland and Weststar General Aviation announced that a contract for three helicopters, one AW119Kx, one GrandNew and one AW169, was signed on March 18th, at the Langkawi International Maritime and Aerospace (LIMA) Exhibition 2015. With this order, Weststar Group will now start operating AgustaWestland helicopters also for executive/corporate transport services through its subsidiary Weststar General

Boeing has received 330-minute Extended Operations (ETOPS) approval from the U.S. Federal Aviation Administration (FAA) for the Boeing 747-8 Intercontinental. It is the first time a four-engine airplane has received this type of design approval. With this approval, required for four-engine passenger airplanes built after Feb. 2015 to fly beyond 180 minutes from an en-route

ATR and Air Madagascar, Madagascar’s national airline, announced the signing of a contract for the purchase of three ATR 72-600s for a total of approximately US$77m. The first aircraft will be delivered as from 2017. At the same time, the airline has recently signed an agreement with the Irish leasing company Elix Aviation Capital to

Lessor Palma Holding has signed a firm purchase agreement to acquire an additional dual-class Q400 NextGen aircraft. Under a joint venture between Palma and Ibdar Bank BSC (“Ibdar”), the firm-ordered aircraft will be leased to RwandAir of Kigali, Rwanda. RwandAir currently operates two dual-class Bombardier CRJ900 NextGen regional jets, and with the lease of the

Fly Mojo and Bombardier have signed a Letter of Intent (LOI) for the sale and purchase of 20 CS100 aircraft with options for an additional 20 CS100 aircraft. The announcement was made in parallel with the Government of Malaysia’s announcement at LIMA on a new airline, flymojo, which will be based out of Johor Bahru,

Starbow became the first Ghana-based operator of the Q400 turboprop when it launched service with a Q400 NextGen aircraft, wet-leased from Falcon Aviation Services of Abu Dhabi. The aircraft is one of six that Falcon ordered from Bombardier in 2014. As announced in July 2014, Falcon and Bombardier have signed a Memorandum of Understanding (MOU)

Boeing has delivered the first 787-9 Dreamliner assembled at its North Charleston, S.C., facility to United Airlines. The airplane also marks a milestone for the 787 program as the 250th Dreamliner to be delivered. In the first quarter of 2013, Boeing South Carolina teammates began fabrication, assembly and integration of the aft and mid fuselage

Spanish carrier Vueling, the low cost platform for International Airlines Group (IAG), has taken delivery of the first A320 incorporating the new Vueling cabin configuration. Thanks to an efficient use of the cabin and the selection of the latest generation seats, Vueling will offer enhanced comfort and more space to its passengers while adding six