Aircraft & Engines

IBA manages transition of first A340-600 aircraft into secondary market

IBA has completed the transition of an ex-Virgin Atlantic A340-600 aircraft into Hi-Fly Malta. The aircraft is the first of its type to transition into the secondary market following its redelivery from Virgin last year. IBA acted as Technical Adviser to a syndicate of banks during both, the original redelivery from Virgin and for the […]

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Airstream arranges purchase and lease of one ATR42-500 to Hevilift Group of Papua New Guinea

Airstream International Group has arranged in collaboration with a large US based Lessor, the purchase and onward lease of 1 ATR42-500, to Hevilift Group. MSN501, previously owned by Danish Air Transport, Denmark, will be used to supplement Hevilift’s fleet of two ATR42-320s and three DHC-6 aircraft. Airstream has had a very successful first half of

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Boeing delivers ILFC's first 787 Dreamliner for operation by Norwegian

Boeing, International Lease Finance Corporation (ILFC) and Norwegian celebrated several milestones on June 27th during a delivery ceremony for a new 787 Dreamliner. It was the first 787 delivered to ILFC and its lessee, Norwegian, which will operate the airplane. The 787 also marked the 700th airplane Boeing delivered to ILFC.

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Nepal Airlines firms up order for two Airbus A320 aircraft with Sharklets

Nepal’s national flag carrier, Nepal Airlines Corporation (NAC) has signed a firm order for two Airbus A320 aircraft equipped with Sharklet fuel saving wing tip devices, following a Memorandum of Understanding (MoU) agreed in April. The A320 was chosen for its unique performance capability required for high altitude airport operations and its flexibility that enables

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Titan Airways expands airline support role

Stansted-based charter specialist, Titan Airways, has boosted its airline support activity this summer in a two aircraft deal with Jet2.com. One of Titan’s three Boeing 757 aircraft has been contracted to the growing low-cost carrier on a damp lease basis and is currently based in Manchester, and Titan Airways’ Airbus A320-233 has been contracted on

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Nepal’s Shree Airlines orders eight light Eurocopter helicopters

Nepal’s Shree Airlines has placed an order for eight helicopters from Eurocopter’s Ecureuil family – comprising five AS350 B3e and three EC130 T2 – for use in search and rescue, aerial work, disaster relief missions and heli-tourism. With this major acquisition, Shree Airlines becomes the largest Ecureuil operator in South Asia. Shree Airlines, a leading

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