Aircraft & Engines

After 18 successful years as Bombardier’s fractional jet ownership division, Flexjet announced a definitive agreement for its purchase by a group led by Directional Aviation Capital through a newly-formed entity, Flexjet, LLC. With support from its new investors, Flexjet is placing the largest private aviation order in its history valued at approximately $5.2bn for up […]

Air Canada has successfully completed the transfer of all 15 of its Embraer 175 aircraft, the smallest jet aircraft in Air Canada’s fleet, to Sky Regional to operate the aircraft on behalf of Air Canada under the capacity purchase agreement between the parties. Sky Regional now operates 20 aircraft on behalf of Air Canada, under

Air Astana, the airline based in Astana, Kazakhstan, has successfully registered an Airbus A320-232 with the DCA of Aruba; registration marks P4-KBC. Within the following months Air Astana will register a total of four more aircraft with the DCA of Aruba, ultimately increasing Air Astana’s fleet for the year 2013. The delivery of the aircraft

Tailwind Capital has successfully sold seven aircraft to an undisclosed buyer as part of its exclusive remarketing mandate for Goldman Sachs (New York). The transaction included five Bombardier CRJ-200 regional jets and two Boeing 737-400s, which are currently operated by US operators Atlantic Southeast Airlines and Alaska Airlines, respectively. These aircraft were originally acquired by

Boeing and FedEx Express, an operating company of FedEx Corp. (FDX), celebrated the delivery of the Memphis, Tenn.-based express shipping company’s first 767-300 Freighter. The delivery supports the FedEx strategy to modernize its fleet with more efficient freighters.

Delta Air Lines has selected GE’s newly enhanced CF6-80E1 engines to power its recently ordered 10 Airbus A330-300 aircraft. Along with the engine selection, Delta Air Lines and GE have also signed a long-term OnPoint solution services agreement for the CF6-80E1 engines. The engine and OnPoint solution agreement are valued at up to $1.4bn over

Doric’s aviation portfolio now comprises 36 aircraft valued at $6.1bn. On August 29th, 2013, Doric took its 19th Airbus A380 under management. The superjumbo with the manufacturer’s serial number (MSN) 132 was acquired by DNA Alpha Limited, a wholly owned subsidiary of Doric Nimrod Air Three Limited (DNA3). The A380 is leased to Emirates for

Bombardier Aerospace released that the first CSeries aircraft – Flight Test Vehicle 1 (FTV1) – has successfully obtained Transport Canada’s Flight Test Permit, thereby clearing the way for its maiden flight, expected in the coming weeks. This follows a series of pre-flight tests including low-speed taxi runs. FTV1 will now proceed with high-speed taxi runs

Transaero Airlines has selected Engine Alliance GP7200 engines to power its four Airbus A380 aircraft. Transaero has also agreed to a 12-year Fleet Management Agreement to cover the maintenance, repair and overhaul of the engines. The engine and Fleet Management Agreement is valued at more than $500m over the life of the agreement. The delivery