Aircraft & Engines

Boeing and Azerbaijan-based airline Silk Way West announced that the two companies are finalizing terms and working toward a purchase agreement for three 747-8 Freighter airplanes. When finalized, the contract will be valued at more than US$1.1bn at current list prices. The order will be posted on Boeing’s Orders & Deliveries website once all contingencies […]

Boeing and Qatar Airways have finalized an order for four 777 Freighters, valued at US$1.24bn at current list prices. The airline also has purchase rights for four additional airplanes, which when exercised will bring the combined value to US$2.46bn. Qatar Airways first announced an intent to order the four 777 Freighters at the 2014 Farnborough

Financial Products Group (‘FPG’), the Tokyo-headquartered, listed independent financial services firm and Amentum Capital (‘Amentum’), the Dublin based aircraft leasing company announced the acquisition of two 737-800s (MSN 35647 and 36814). The aircraft are on lease to Norwegian Air Shuttle ASA and were acquired from an affiliate of CDB Leasing.

Boeing set a record for the most commercial airplanes delivered in a single year at 723 in 2014, breaking the company record for a second consecutive year. The company also booked 1,432 net orders, carrying a value of US$232.7bn at list prices, breaking the previous all-time high set in 2007. Boeing’s unfilled commercial orders stood

Boeing and Air New Zealand have finalized an order for two additional 787-9 Dreamliners, valued at US$514m at current list prices. The order, booked in 2014, comes six months after Air New Zealand celebrated the first 787-9 delivery in July. “The entry into service program has gone very smoothly and we’ve been incredibly pleased with

Bristol Associates (Washington, DC), on behalf of the owner BLF (Bermuda), has completed the sale of five ex-UTAir Ukraine 2012 vintage ATR72-500’s (MSN’s 994, 1000, 1029, 1036 and 1037) to ABRIC Leasing (Ireland).

AerCap Holdings has signed an agreement with China Southern, the largest airline in both Asia and The People’s Republic of China, for the lease of twenty-four Airbus A320neo family aircraft from its order book. The A320/A321neos will be delivered to China Southern between 2016 and 2019 and equipped with PW1100G-JM engines from Pratt & Whitney.

GE Aviation’s Passport Integrated Propulsion System for Bombardier’s new Global 7000 and Global 8000 business jets began flight-testing on GE Aviation’s 747-100 flying test-bed. On December 30th, 2014, a single Passport engine successfully demonstrated aircraft systems and instrumentation functionality. Flight-testing will continue through January prior to expected FAA certification in 2015. To date, the Passport

GP7200 engines have entered revenue service with Etihad Airways’ first EA-powered A380. The airline operated its first revenue flights on December 27th, 2014 between Abu Dhabi International Airport and London Heathrow Airport. The EA-powered A380 entered service in August 2008. Currently 82 EA-powered A380s are in operation around the globe: 57 with Emirates, ten with

Royal Air Maroc this weekend celebrated the arrival into Morocco of its first 787 Dreamliner. The airline will be the first carrier in the Mediterranean region to operate the 787. The airplane, delivered to the airline on Dec. 31st, 2014 from Boeing’s Everett, Wash. Delivery Center, flew a 4,788 nautical mile (8,867 kilometer) nonstop flight