GE Capital Aviation Services (GECAS) and ATR signed a contract for the purchase of 5 firm and 5 optional ATR 72-600 aircraft. The deal is valued at $241m. Deliveries will commence in 2015. The agreement was signed by Norman Liu, President and CEO of GECAS, and Filippo Bagnato, ATR Chief Executive Officer, at the Dubai […]
GECAS places order for up to 10 additional ATR 72-600s Read More »
Deutsche Lufthansa has selected CFM International’s CFM56-5B engine to power 30 firm Airbus A320ceo (current engine option) aircraft. The agreement is valued at more than $610m at list price. The aircraft were announced in June of this year. Lufthansa, which is part of the Lufthansa Aviation Group, currently operates a fleet 350 CFM56 engines powering
Lufthansa places CFM56-5B engine order Read More »
At the November 17th opening day of the Dubai Air Show, GE Aviation received $26bn in jet engine orders and services agreements for wide-body Boeing aircraft from three leading airlines in the Middle East. Collectively, Emirates, Qatar Airways, and Etihad Airways ordered 450 of the new GE9X engine now under development for the new Boeing
GE’s signs record jet engine agreements at Dubai Air Show Read More »
Etihad Airways announced a firm order for 87 Airbus aircraft, plus purchase rights for a further 30, to support the global expansion of its operations. The order represents an investment of up to $26.9bn at list prices, including related engines. The firm order, unveiled at the Dubai Air Show, includes 50 Airbus A350 XWB and
Etihad Airways announces order for up to 117 Airbus aircraft and 113 Trent XWB engines Read More »
2013 is proving to be another stellar year for CFM International (CFM), with the company logging orders for more than 1,255 LEAP engines, as well as 1,172 orders for CFM56 engines through October. These orders—2,427 total engines— have a combined value of $25.7bn at list price, including commercial, military, and spare engines. By comparison, CFM
2013 CFM56 and LEAP engine orders soar Read More »
Etihad Airways, the national airline of the United Arab Emirates, announced a firm order for 56 new Boeing wide-body aircraft, with options and purchase rights for a further 26, to support its continued global expansion. The order represents an investment of up to US$ 25.2bn at list prices, including related engines. The deal, unveiled at
Etihad Airways orders up to 82 wide-body Boeing aircraft Read More »
Pegasus Airlines has finalized its order for CFM International’s advanced LEAP-1A engine to power 100 Airbus A320neo/ A321neo aircraft. The agreement is valued at approximately $4.3bn at list price, including the long-term service agreement. Under the terms of the 20-year Rate per Flight Hour (RPFH) maintenance agreement, CFM will guarantee maintenance costs on a dollar
Pegasus seals $4.3bn deal with CFM Read More »
According to Airbus’ latest Global Market Forecast (GMF), Latin American airlines will require 2,307 new aircraft between 2013 and 2032, including 1,794 single-aisle, 475 twin-aisle and 38 very large aircraft (VLA) worth an estimated US$292bn. Globally, by 2032 some 29,230 new passenger and freighter aircraft valued at nearly US$4.4 trillion will be required to satisfy
Latin American airlines need over 2,300 new aircraft in next 20 years Read More »
Air China Cargo and Taikoo (Xiamen) Aircraft Engineering Company (“TAECO”) released that TAECO has completed the first Boeing 757-200 converted freighter for Air China Cargo. The aircraft is the 7th Boeing 757-200 freighter conversion completed by TAECO with its Supplemental Type Certificate (STC) partner Precision Conversions. The process took 105 days, including a concurrent heavy
TAECO redelivers first Boeing 757-200PCF for Air China Cargo Read More »
Air Lease Corporation announced the long term lease of one new Boeing 737-800 jet aircraft to Okay Airways, based in Beijing, China. The aircraft is scheduled for delivery to Okay Airways in June, 2015.
Air Lease Corporation announces lease placement with Okay Airways Read More »
