Aircraft & Engines

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 […]

Air Lease Corporation ordered a total of 40 LEAP-1B engines to power 10 new Boeing 737 MAX 8 aircraft as well as engines for 10 additional MAX 8 aircraft that were part of a previously unidentified order.

Avolon, the international aircraft leasing group, and Airbus announced Avolon’s commitment to buy 15 Airbus A330neo aircraft. This order represents the launch of the newly re-engined A330. This commitment brings Avolon’s owned, managed and committed fleet to 222 aircraft.

European turboprop manufacturer ATR and the leasing company Air Lease Corporation signed an agreement for the purchase of seven additional ATR 72-600s. Air Lease Corporation has purchased ATRs every year since its first contract at Farnborough in 2010. With today’s agreement, ALC now has 28 ATR 72-600s in its portfolio.

Air Lease Corporation has ordered six GE90-115B-powered Boeing 777-300ER aircraft. The engines are valued at more than $400m list price.

BOC Aviation announced an order with Airbus for an additional 43 A320 Family aircraft, comprising seven NEOs and 36 CEOs across A320 and A321 variants, scheduled for delivery in the period to 2019. The first eight A320ceo aircraft powered by engines from IAE have been placed. Engine decisions for the rest of the fleet will

Dublin-based international aircraft leasing company Avolon has increased its order for CFM International’s LEAP-1B engine to power 20 new Boeing 737 MAX aircraft, including five 737 MAXs which it has today reconfirmed with Boeing. CFM values the total engine order at $520m at current list prices.

Seattle-based Horizon Air Industries, has signed a firm purchase agreement for one Bombardier Q400 NextGen turboprop airliner. The airline retains its options on another seven Q400 NextGen aircraft as announced previously. Additionally, Bombardier and Horizon Air signed a five-year heavy maintenance agreement whereby Bombardier will perform heavy maintenance tasks for the airline’s fleet of 52

Boeing and Air Lease Corporation signed an order for 26 airplanes – six 777-300ER (Extended Range) and reconfirmed 20 737 MAX 8 airplanes, valued at $3.9bn at current list prices. This 737 MAX order for 20 airplanes brings Air Lease Corporation’s combined orders for the 737 MAX to 104 airplanes. The 777-300ER order marks the

Embraer has released its Market Outlook 2014-2033 which details the Company’s forecast for deliveries of new 70 to 130-seat jet aircraft over the next twenty years. The report examines the main drivers contributing to air transport growth and reviews projected deliveries by world region. The Market Outlook identifies a need for 6,250 jet aircraft in