Aircraft & Engines

Ilyushin Finance Co. executes letter of intent for 50 Bombardier Q400 NextGen airliners

Moscow-based leasing company, Ilyushin Finance Co. has signed a letter of intent (LOI) to acquire 50 Q400 NextGen airliners that would be assembled in Russia under a joint venture that may be created by Bombardier and Rostekhnologii (“Rostec”). IFC’s LOI was finalized during the 2013 International Aviation and Space Salon, known as the MAKS 2013 […]

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Bombardier and Russia’s Rostekhnologii execute series of agreements at MAKS 2013 Air Show

Bombardier and Rostekhnologii (“Rostec”), a state corporation controlled by the Russian Federation, signed a series of preliminary agreements that include a letter of intent (LOI) for the sale of 50 Q400 NextGen aircraft; and a Market Development Agreement reached with Rostec and its aircraft leasing subsidiary, Avia Capital Services, that will provide an opportunity to

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Turbomeca unveils for the first time the Ardiden 3G engine at MAKS Air Show

Turbomeca (Safran) unveiled for the first time the Ardiden 3G engine installed on a prototype of the Russian helicopter Kamov 62, at the MAKS air show. The maiden flight is scheduled for the next few weeks. The Colombian operator Vertical de Aviacion ordered five Kamov 62 helicopters on the opening day of the air show.

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Ilyushin Finance Co signs firm order for 20 SSJ100

Sukhoi Civil Aircraft Company and Ilyushin Finance Co (IFC) signed two firm contracts for the delivery of 20 Sukhoi Superjet 100 aircraft. The first contract included five SSJ100 LR aircraft in 103-seat configuration. An increased passenger capacity will be provided by means of slimmer seats installation. The first deliveries are expected at the end of

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Sukhoi Civil Aircraft Company and UTair Aviation sign contract for six Sukhoi Superjet 100 aircraft

On August 27 a three-party delivery contract for six Sukhoi Superjet 100 aircraft was signed by Sukhoi Civil Aircraft Company (SCAC), UTair Aviation and VEB-Leasing at the International Aviation Space Salon MAKS. The delivery of the aircraft is scheduled for 2014. Pursuant to the contract VEB-Leasing purchases from SCAC six Sukhoi Superjet 100 aircraft totaling

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ILFC registers aircraft with Aruba

International Lease Finance Corporation (ILFC) has registered with the Aruban Civil Aircraft Registry an A330-223 with registration marks P4-TWM. The aircraft was registered under the “Storage-Between Leases Program” while in transition to be leased from Malaysia Airline System Berhad to Aerolineas Argentinas S. A. During the transition period the aircraft is currently located at MAS

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First China-assembled Legacy 650 successfully completes maiden flight

Harbin Embraer Aircraft Industry (HEAI), Embraer’s joint venture with Aviation Industry Corporation of China (AVIC), reported that the first Legacy 650 large executive jet assembled in China, successfully completed its maiden flight August 26th. Delivery of the first Legacy 650 is scheduled for the end of 2013. Embraer’s test pilots flew the aircraft for about

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Xiamen Airlines finalizes order for six 787 Dreamliners

Boeing and Xiamen Airlines have finalized an order for six 787-8s. Originally announced by Xiamen Airlines in May 2011, the order is valued at $1.3bn at list prices. As China’s only all-Boeing fleet carrier, Xiamen Airlines has earned a profit for 27 consecutive years, one of the most consistently successful financial performances in the industry.

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GECAS completes delivery of eight new ATR72-600s to Azul

GE Capital Aviation Services Limited (GECAS) announced it delivered an eighth new ATR72-600 to Brazil’s Azul Linhas Aéreas Brasileiras S/A. This leased aircraft came from GECAS’ existing order book with ATR. Three of the new ATRs leased to Azul came from GECAS’ order book. Five of the ATRs came from Azul’s order book with the

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