Aircraft & Engines

International Airlines Group (IAG) has converted 20 of the 100 Airbus 320neo options, it announced in August 2013, into firm orders. These aircraft will be delivered in 2018 and 2019 and will provide both cost savings and environmental benefits. New technology and improved aerodynamics will lower fuel burn and CO2 emissions by 15%, as well […]

Zhejiang Loong Airlines (Loong Air) has signed a Letter of Intent to acquire 20 CS100 airliners. The operator, based in Hangzhou, the capital city of Zhejiang province, China began domestic service in 2013.

Petra Airlines of Amman, Jordan has signed a Letter Of Intent (LOI) to acquire up to four CS100 and CS300 airliners. Should the LOI be converted to Petra Airlines, based at Amman’s Queen Alia International Airport, began as a charter carrier and became a scheduled airline in 2012. It serves destinations in Europe, the Middle

Embraer announced at the 2014 edition of the Farnborough International Airshow, that it has received an order for 50 E175-E2 jets from Trans States Holdings, parent company of Trans States Airlines, Compass Airlines and GoJet Airlines. The agreement also includes options for an additional 50 units, taking the total order potential to 100 aircraft. Deliveries

Boeing and Okay Airways announced an order for six 737 MAX 8s and four Next-Generation 737-800s, valued at $980m at current list prices. Okay Airways, the first privately owned airline in China, also announced it will convert five 737-800s from a previous order into 737-900ERs (Extended Range). With this conversion announcement, Okay Airways will be

Avolon, the international aircraft leasing group, signed a commitment with Boeing to purchase six 787-9 Dreamliners. Avolon also reconfirms its order for five 737 MAX 9 aircraft, bringing Avolon’s total order commitment for 737 MAX aircraft to 20. These commitments bring Avolon’s owned, managed and committed fleet to 207 aircraft. The commitment to purchase six

VivaAerobus, Mexico’s ultra-low cost carrier, has selected Pratt & Whitney PurePower PW1100G-JM engines to power its order of 40 Airbus A320neo aircraft, plus 40 option. VivaAerobus also selected the IAE International Aero Engines V2500 engine to power its order for 12 A320ceo aircraft.

AerCap Holdings has exercised options to purchase 50 A320neo family aircraft from Airbus. This transaction will bring AerCap’s firm orders for A320neo family aircraft to a total of 200. Deliveries are expected to commence in 2015. The 50 options were part of an agreement signed in 2011 between Airbus and International Lease Finance Corporation (ILFC),

Monarch Airlines is finalizing terms and working towards a purchase agreement for 30 Boeing 737 MAX aircraft, to be powered by LEAP-1B engines. CFM values the engine order, when finalized, at $1.9bn at list price, including a long-term service agreement. Under the terms of the Rate per Flight Hour (RPFH) service agreement, CFM will guarantee

Nordic Aviation Capital has signed a total order for 75 ATR 42-600 aircraft, in a deal valued at over US$1.55bn. Deliveries will commence in 2015 through to 2020. By confirming this order for new ATR 42-600s – which includes 25 firm orders and 50 options for the type – NAC is once again demonstrating its