Aircraft & Engines

Garuda Indonesia and ICBC Financial Leasing sign agreement for aircraft financing

Garuda Indonesia and ICBC Financial Leasing signed an agreement for aircraft financing. The agreement features a “sale and lease back” plan for Garuda Indonesia’s five Boeing 777-300ER and an “operating lease” plan for ICBC Financial Leasing’s six Airbus 320-200 for Citilink, valued at US$1.7bn. Garuda Indonesia will receive the five Boeing 777-300ER in May 2014

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NAC orders additional 15 firm ATRs and 25 options

Danish leasing firm Nordic Aviation Capital (NAC) and the regional turboprop aircraft manufacturer ATR have announced the signature to increase the order placed at the 2013 Paris Airshow, by an order for additionally 15 firm ATRs and options for 25 aircraft. The value of the increase alone is $1bn. The cumulative orders placed in recent

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GE Capital Aviation Services to lease four Boeing 737-800 MAX aircraft to Travel Service

GE Capital Aviation Services signed an agreement to lease four new Boeing 737-800 MAX aircraft to Travel Service. Two of the new aircraft are scheduled for delivery in early 2018 and two in early 2019. The aircraft are the first leased from GECAS’ order of 75 Boeing 737 MAX models already announced.

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City of Nagoya orders Eurocopter AS365 N3+ Dauphin for firefighting and rescue services

Eurocopter Japan has signed a contract to supply Nagoya with an AS365 N3+ Dauphin for operation by the Nagoya City Fire Bureau, as an upgrade for the service’s existing helicopter resources. Delivery of this new rotorcraft is planned in 2015 to the Pacific Coast city of Japan, which is the country’s fourth most populous urban

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Garuda, ATR and NAC sign agreement to introduce 35 ATR 72-600s in Indonesia

The European manufacturer of turboprop aircraft ATR, Indonesia’s national airline Garuda Indonesia and the Danish leasing firm Nordic Aviation Capital (NAC) announced an agreement for the introduction of 35 new ATR 72-600 aircraft into Garuda’s fleet. This new deal for 35 ATRs, involving NAC as lessor for Garuda, includes orders for 25 firm aircraft and

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