Aircraft & Engines

DAE successfully transitions two Boeing 777-300ER aircraft to Nordwind Airlines

DAE Capital, the leasing division from Dubai Aerospace Enterprise (DAE), has placed two Boeing 777-300ER aircraft on long-term leases with Nordwind Airlines. These aircraft were on lease with EVA Airways. Firoz Tarapore, Chief Executive Officer of DAE said, “We are very pleased to welcome Nordwind as our newest customer and look forward to starting a […]

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Japan Investment Adviser finalizes order for 10 737 MAX 8 airplanes

Boeing and Tokyo-based Japan Investment Adviser (JIA) have finalized an order for 10 Boeing 737 MAX 8s airplanes, valued at US$1.12bn at current list prices. The order was previously announced as a commitment at the 2017 Paris Air Show in June. The new 737 MAX 8s are the first directly purchased airplanes for JIA and

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Airbus Helicopters and IAR deepen strategic partnership on H215M with 15-year agreement

Airbus Helicopters and IAR, Romania’s leading aerospace company, have decided to extend their exclusive cooperation on the H215M multirole helicopter. Under this general agreement IAR will become the prime contractor for the H215M for any future order by the Romanian Ministry of Defense to replace their ageing fleet. Initially signed for 5 years, the agreement

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DAE delivers new A320 to startup airline flyadeal

Dubai Aerospace Enterprise has delivered an Airbus A320-200 aircraft to new customer, flyadeal. The delivery took place at the Airbus delivery centre in Hamburg, Germany, and represents the first aircraft in the flyadeal fleet. The Dubai-based lessor has agreed to lease eight Airbus A320 family aircraft to the new Saudi Arabian low cost airline. All

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EL AL Israel Airlines takes delivery of first 787 Dreamliner

EL AL Israel Airlines took delivery of the carrier’s first Boeing 787 Dreamliner on August 23. EL AL leased the airplane through an agreement with Air Lease Corporation. The 787-9 touched down in Tel Aviv following a nonstop, 6,746 mile (10,856 km.) delivery flight from Paine Field, adjacent to Boeing’s factory in Everett, Wash.

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Rolls-Royce Trent 1000 ten receives certification

The Rolls-Royce Trent 1000 TEN, which will power all variants of the Boeing 787 Dreamliner, has been granted full flight certification from the European Aviation Safety Agency (EASA). This important milestone comes as the first set of passenger engines are delivered to the Boeing facilities in Seattle, ready for entry into service later this year.

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Cathay Pacific Group signs MOU for 32 A321neo aircraft

Cathay Pacific Group has signed a Memorandum of Understanding (MOU) with Airbus for 32 A321neo single-aisle aircraft. The aircraft will be operated by Cathay Dragon, the regional carrier of the Group, on services linking its Hong Kong home base with destinations across Asia. The new A321neo aircraft will replace and modernise Cathay Dragon’s current in-service

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Falko Regional Aircraft adds four Embraer E190 aircraft to its portfolio

Falko Regional Aircraft (Falko), an aircraft operating leasing and asset management company focused on the regional aircraft sector, has added four Embraer E190 aircraft to its portfolio. The aircraft have been acquired from FPG Amentum, an Irish based international aircraft investment management company, and are currently on lease to KLM Cityhopper.

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GMT Global Republic Aviation acquires one Airbus A319 aircraft

GMT Global Republic Aviation (GMT Global) has completed the acquisition of one Airbus A319‐100 aircraft, on lease to American Airlines. ”GMT is pleased to add this aircraft to our portfolio” said Randy Dietrich, CEO of GMT Global and Republic Financial Corporation. “The A319 has established itself as an integral part of the single‐aisle market and

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