Aircraft & Engines

UTAir Aviation (UTAir), one of Russia’s leading airlines, has selected CFM International’s CFM56-5B engine to power its new fleet of 20 Airbus A321 aircraft. The engine order is valued at $420 million U.S. at list price and the airline is scheduled to begin taking delivery in 2013. The aircraft order was announced at the Farnborough […]

The Qantas Group will restructure its Boeing 787 aircraft delivery schedule as part of the five-year Qantas International turnaround plan. Deliveries of 15 B787-8s to Jetstar will continue as planned, with the first aircraft to arrive in the second half of 2013. This will enable the transfer of Airbus A330 aircraft from Jetstar to Qantas

GE Capital Aviation Services (GECAS) reported it delivered two new Boeing 737-800 aircraft to Indonesia’s Lion Air as part of a purchase and leaseback transaction. The aircraft from the airline’s existing order book with Boeing were delivered in May and July and will be used to expand and modernize the airline’s fleet.

Nextant Aerospace released that Asia Pacific Jets has placed an order for 10 Nextant 400XT aircraft, the only FAA-certified remanufactured business jet. All 10 Nextant 400XT aircraft will be delivered over a period of three years, with a portion outfitted as 400XT air ambulances and others as normally outfitted 400XT business jet aircraft. Asia Pacific

United Airlines’ first 787 Dreamliner has completed its first production flight as Boeing makes final preparations for delivering it to United at the end of September. The aircraft took off from Boeing’s Paine Field in Everett, Wash., on August19th. Boeing pilots flew the 787 around the Seattle area for more than three hours as part

StandardAero has delivered its 6,000th Auxiliary Power Unit (APU) since the program’s inception in 1995. The milestone took place at StandardAero’s Maryville, Tenn. facility and was a Hamilton Sundstrand APS2300, delivered to a commercial customer. StandardAero’s APU program in Maryville focuses on repair of Honeywell 36 and RE220 series engines as well as Hamilton Sundstrand

Compass Point Aviation (CPA), a newly established affiliate of a global asset management company, announced that in June it closed on the acquisition and lease of one new Boeing 777-300ER to Emirates. CPA is currently working on closing several more transactions. CPA targets the aviation sector, with a particular focus on transactions involving finance leases

International Lease Finance Corporation (ILFC) released that AirAsia X, a low-cost, long-haul affiliate of AirAsia, has signed a letter of intent with ILFC for the lease of six Airbus A330-300 aircraft. The aircraft are scheduled for delivery between 2013 and 2014, and will be operated on the airline’s expanding network in Asia Pacific, which includes

GE Capital Aviation Services (GECAS), signed a purchase and leaseback transaction with Emirates airline for three new Boeing 777-300ER aircraft and seven spare engines. The first aircraft from the airline’s existing order book with Boeing was delivered on May 30. The other aircraft are scheduled for delivery later in 2012. The leaseback of seven spare