Aircraft & Engines

SMBC Aviation Capital, the world’s third largest aircraft lessor, has placed a firm order with Airbus for 110 A320neo aircraft and five A320ceo aircraft in a deal worth around $11.8bn at list prices. The deal is the largest single-aisle aircraft order ever placed by a lessor and the largest aircraft order of any kind by […]

Philippine Airlines has executed a Letter of Intent to power its order of 10 Airbus A320neo aircraft with Pratt & Whitney PurePower engines. The PurePower Geared Turbofan engine family has completed nearly 10,000 hours of testing and more than 1,400 hours of flight testing. The Letter of Intent between Philippine Airlines and Pratt & Whitney

CIT Group, a global leader in transportation finance, announced from the Farnborough International Air Show that CIT Aerospace has placed an order with Boeing for 10 787-9 Dreamliner aircraft.

Japan’s Fuji Dream Airlines signed a firm order of three E175s with options for an additional three aircraft of the same model. This brings the total potential order to six E175s. This order was already included in Embraer’s 2014 second quarter backlog as an “undisclosed” customer. Embraer has signed a firm order for two additional

SaudiGulf Airlines has selected the International Aero Engines V2500 engine to power four A320ceo aircraft and has also signed an eight-year V-Services maintenance service agreement with IAE. SaudiGulf is a new airline based in the Kingdom of Saudi Arabia with headquarters in Dammam and is planning to commence services in 2015.

International Airlines Group (IAG) has signed a memorandum of understanding (MOU) with International Aero Engines’ (IAE) for V2500 engines. IAE will power 30 A320ceo aircraft for the IAG subsidiary, Vueling Airlines. These aircraft were part of an IAG order announced in August 2013.

Embraer has signed a Letter of Intent (LOI) with Azul Linhas Aéreas Brasileiras for 30 firm orders for the E195-E2 jets. The firm order is expected to be completed by the fourth quarter of this year, when the aircraft will be added to the Company’s backlog. Besides the firm order, the LOI includes additional 20

Intrepid Aviation, a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide, ordered up to ten Boeing 777-300ER aircraft, powered with GE90-115B engines.

Interjet, one of Mexico’s leading domestic airlines, has selected CFM International’s advanced LEAP-1A engine to power its new fleet of 40 Airbus A320neo family aircraft. The aircraft were originally announced in November 2012.

China’s Zhejiang Loong Airlines has selected CFM International’s CFM56-5B engine to power 11 Airbus A320ceo aircraft. CFM values the engine order and associated service agreement at nearly $520m at list price, including spare engines. Under the terms of the Rate per Flight Hour (RPFH) service agreement, CFM will guarantee maintenance costs for all 24 CFM56-5B