Aircraft & Engines

Korean Air orders two additional 737-900ERs

Boeing and Korean Air announced an order for two additional Next-Generation 737-900ER jetliners. The new airplanes will be fitted with the new Boeing Sky Interior and the order is valued at $171.6 million at Boeing list prices. Korea’s flag carrier is in the process of revamping its fleet with technologically advanced airplanes – having completed a cabin refurbishment […]

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Volaris takes delivery of first of seven A320 from Jackson Square Aviation

Jackson Square Aviation (“JSA”) reported the first of seven Airbus A320 deliveries to Concesionaria Vuela Compania de Aviacion (“Volaris”). This delivery is in connection with a long-term operating lease, for which DVB Bank SE provided senior debt. JSA has also provided PDP financing to Volaris in connection with this transaction.

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Eurocopter’s EC135 to enter service with sea pilots of Dunkirk

The sea pilots of Dunkirk’s Grand Port Maritime will benefit from the reliability and safety of Eurocopter’s EC135 when the twin-engine helicopter enters service at one of France’s busiest port facilities. With the EC135’s selection, Eurocopter’s extensive experience in maritime support services has been recognized by the sea pilots of Dunkirk, who guide some 5,800

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GippsAERO selects Rolls-Royce M250 engine for new GA-10 aircraft

Rolls-Royce reported a development agreement with GippsAERO, a wholly owned subsidiary of Mahindra Aerospace. Under the agreement, Rolls-Royce will supply M250-B17F/2 turboprop engines for the GA-10, a new 10-passenger fixed-wing plane that will deliver enhanced performance, fuel efficiency and reliability. Rolls-Royce will work with GippsAERO to obtain certification for the GA10, which is currently in

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GE Aviation's H80 engine completes certification testing

GE Aviation has completed all engine certification testing, including design assurance, development, operability and environmental tests, for its new H80 turboprop engines. The development program consisted of more than 25 full or partial engine builds, with testing that included low-cycle fatigue, hot section endurance, operability, component and endurance testing. The H80 engine will be GE’s

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Lufthansa purchases 30 A320neo Family aircraft

Lufthansa has placed a firm order for 30 Airbus A320neo Family aircraft. This contract follows the selection by the Lufthansa Supervisory Board of the A320neo Family in March this year. The order comprises 25 A320neo and five A321neo aircraft. These will be powered by new-generation Pratt & Whitney PW1100G turbofan engines. With this latest order

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IAG signs firm order for eight wide-body Airbus A330-300s

IAG has confirmed the firm order of eight of Airbus’ eco-efficient A330 Family aircraft for Iberia’s fleet following the preliminary Memorandum of Understanding signed earlier this year. The A330 will be Iberia’s only twin engine wide body aircraft, and will fit perfectly into its existing Airbus fleet, given the unique commonality between the Airbus’ short haul

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Warwickshire & Northamptonshire Air Ambulance signs contract for two AW169 helicopters

Warwickshire & Northamptonshire Air Ambulance (WNAA) has signed a preliminary sale contract for two AW169 helicopters. The aircraft will be delivered in 2015 specially configured for the WNAA’s air ambulance mission requirements. The contract marks the entrance of the AW169 into the UK public service market and represents another success for the all new AW169 model, just

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DVB finances a portfolio of five widebody aircraft for Guggenheim Aviation Partners

DVB Bank reported the successful closing of two separate finance facilities with Guggenheim Aviation Partners (Guggenheim) for two A330-200 aircraft on lease to Jet Airways (India) and three B777-200ER aircraft on lease to American Airlines.   The finance facility for the two A330-200 aircraft on lease to Jet Airways closed in late March. Both aircraft were

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