Aircraft & Engines

Waypoint Leasing closes 31 aircraft acquisition from First Reserve

Waypoint Leasing (Ireland), a leading global helicopter leasing company, has closed the acquisition of a portfolio of 31 in-demand, new technology aircraft from First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy. The portfolio includes 18 AgustaWestland AW139s, 11 Sikorsky S-92s and two Sikorsky S76C++ aircraft models. All aircraft […]

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Air Lease Corporation signs lease agreement with KALSTAR Aviation for one new ATR 72-600

Air Lease Corporation announced a long term lease agreement for an additional new ATR 72-600 with KALSTAR Aviation (Indonesia), delivering from its order book with ATR in the second half of 2015. The aircraft will join two other ATR 72-600 aircraft already operated by the airline, also on long term lease from ALC.

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Finnair signs MOU with German Operating Aircraft Leasing for sale and leaseback of three Embraer 190 aircraft

Finnair has signed a Memorandum of Understanding (MoU) with GOAL German Operating Aircraft Leasing GmbH & Co. KG for the sale and leaseback of three Embraer 190 aircraft. The transaction is expected to be closed by the end of March 2015. The value of the transaction is approximately 55 million euros at current market value

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Embraer’s Legacy 500 receives EASA certification

Embraer’s Legacy 500 executive jet was granted certification by the European Aviation Safety Agency (EASA) during a ceremony at its headquarters, in Cologne, Germany. This approval enables entry into service of the aircraft in the Member States of the European Union as well as in EASA associated countries. “EASA’s certification is a very important achievement

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AeroCentury announces aircraft purchase

AeroCentury, an independent aircraft leasing company, announced the purchase from and leaseback to Adria Airways of two Bombardier CRJ900 aircraft. “These are our first CRJ900s,” said Neal D. Crispin, President of AeroCentury. “Adria Airways, a Star Alliance member, is the national carrier of Slovenia and offers scheduled flights to twenty-two destinations throughout Europe. We are

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Alliance Air introduces first ATR 72-600

Air India’s fully-owned regional Subsidiary Airline Allied Services Limited under Brand Name “Alliance Air” today introduced its first newest ATR 72-600 aircraft into its fleet. The aircraft, leased from Singapore-based leasing firm Avation, is the first out of five that the airline will receive until July next year. This brand new ATR 76-600 is configured

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GE Aviation shipped 2000th GE90 engine to Boeing for 777 aircraft

GE Aviation shipped its 2000th GE90 engine to Boeing for the 777 aircraft, a significant milestone in this influential engine program. “The GE90 engine along with the Boeing 777 aircraft helped revolutionize the twin-engine aircraft concept in commercial aviation,” said Bill Millhaem, general manager of the GE90/GE9X Program at GE Aviation. “Prior to its introduction,

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FLY Leasing grows fleet to 127 aircraft with delivery of three Boeing 737-800s

Growing its fleet to 127 aircraft, FLY Leasing, a global lessor of modern commercial jet aircraft, announced it has delivered the last of three Boeing 737-800 aircraft to a leading Asian airline. The three new aircraft are on 10-year leases. “FLY has acquired 22 newer aircraft this year, while divesting of older models, which is

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