Aircraft & Engines

Philip Morris Capital Corporation, Stamford CT has sold 18 PW2037 powered B757-200 aircraft (s/n’s 24810, 24932, 25277, 25399, 26641, 26644, 26647, 26650, 26653, 26654, 26657, 26660, 26661, 26664, 26665, 26666, 26669 and 26670) to Seven Five Partners Lux, SÀRL, a special purpose vehicle established by Castlelake and Merx Aviation Finance. The aircraft had been on

Iberia and Airbus have reached an agreement over the early delivery of the A330-200s the airline ordered last year, and which will now join the long-haul fleet 14 months earlier than initially planned, between December 2015, and November 2016. The new aircraft will replace the A340-300s, and offer economic and environmental advantages as well as

Air Lease Corporation signed long term lease agreements with Travel Service (Czech Republic) for two new Boeing 737 MAX 8 aircraft. Both aircraft are from ALC’s order book with Boeing and scheduled for delivery in spring 2018 and 2019.

Boeing and Ryanair have announced an order for three Next-Generation 737-800s. The order, previously unidentified on the Boeing Orders & Deliveries website, is valued at US$280m at current list prices. With this order the Irish low-cost carrier now has unfilled orders for 174 Next-Generation 737-800s and 100 737 MAX 200s.

GE Capital Aviation Services (GECAS) signed a contract to lease three new Boeing 737-800 aircraft to new customer Air India Express. Deliveries of the aircraft are scheduled for 2016 and are part of GECAS’ existing order book with Boeing. Air India Express is the low-cost subsidiary of Air India and operates a fleet of 17

LCI Helicopters has entered into an agreement with SQN Capital Management, an independent asset manager headquartered in New York City, to manage a fleet of seven recently acquired helicopters. LCI Helicopters, the helicopter leasing arm of the Libra Group, will offer a range of services to SQN including asset management, insurance, rent collection, maintenance oversight,

Boeing and Azerbaijan-based Silk Way West signed an order for three 747-8 Freighter airplanes valued at more than US$1.1bn at current list prices. Silk Way West is an enterprise of the Silk Way Group, which includes 23 companies working in the aviation industry and related services. The airline currently operates seven Boeing airplanes, including two

Another major milestone in Bombardier’s CSeries aircraft program was reached with the maiden flight of the CS300 airliner. The technologically advanced CSeries aircraft will provide operators with an all-new family of single-aisle mainline jets specifically designed for the 100- to 149-seat market segment. The CS300 airliner departed Montréal–Mirabel International Airport at 11:00 EST and returned

Air Tahiti Nui signed a commitment to purchase two 787-9 Dreamliners. The order is valued at US$514m at current list prices. Air Tahiti Nui, the flag-carrier for French Polynesia, has headquarters in Papeete and operates from Faa’a International Airport on the island of Tahiti.