Aircraft & Engines

Garuda Indonesia adds new A330s to fleet

Garuda Indonesia, the national carrier of Indonesia, has signed a new firm order for four A330-300s. The airline has chosen the latest 235 tonne maximum take-off weight variant for long-haul services to all destinations to the Middle East, Asia and Pacific from its hubs in Jakarta and Denpasar. The airline will furthermore convert three previously […]

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Airstream concludes sale of two Fokker 70’s

Airstream International Group has arranged the sale of two Fokker 70 Aircraft on behalf of Gladiator Leasing. The aircraft, serial numbers 11571 and 11575, have been sold to Alliance Airlines of Australia. They were previously operated by Malev Hungarian Airlines. Gladiator acquired the aircraft in 2008 in a sale and leaseback transaction with Malev, also arranged

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China’s CAS and ICBC Leasing buy 88 Airbus A320 Family aircraft

China Aviation Supplies Holding Company (CAS) and ICBC Financial Leasing Co., (ICBC Leasing) have signed agreements with Airbus for a total of 88 A320 Family aircraft. In the frame of this General Terms Agreement (GTA), ICBC Leasing by itself signed a purchase agreement with Airbus for 42 A320 Family aircraft. This is the first order that ICBC Leasing

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Newly founded Infinity Aviation Capital acquires three pre-owned 737s

Perella Weinberg Partners announced that certain funds within Perella Weinberg Partners’ Asset Based Value strategy have formed Infinity Aviation Capital LLC, a joint venture with aviation industry veterans Richard Baudouin, Co-Founder of Aviation Capital Group, and Khawer Ali and Jerrold Rosen, Principals of KJ Aviation Services Inc.  The joint venture will invest in aviation assets, including

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Aerolineas StarPeru expands into regional freight operations with BAe 146 QT

Aerolineas StarPeru is adding a BAe 146QT (Quiet Trader) freighter to its fleet of nine passenger BAe 146s and plans to introduce regional freighter operations in Peru. The aircraft has been purchased from UK airline Titan Airways under a deal that was arranged by BAE Systems Asset Management through its remarketing agreement with the UK airline.

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Boeing begins final phase of 787 flight testing

Boeing started Function & Reliability (F&R) testing and extended operations (ETOPS) demonstrations on the 787 Dreamliner. This is the final phase of flight testing prior to certification of the airplane.  F&R testing simulates various normal and non-normal operations for the airplane, in a realistic airline-like flight environment. ETOPS refers to extended operations – for twin jets,

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US Airways to upgrade entire V2500 fleet with SelectTwo

US Airways, the largest operator of the Airbus A320 family of aircraft has signed a memorandum of understanding to upgrade its fleet of V2500-powered Airbus A320 family aircraft with the recently unveiled V2500 SelectTwo fuel burn improvement package from International Aero Engines. As part of this agreement, US Airways would purchase kits to upgrade 92

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Blueway to expand Eurocopter fleet with fourth EC225 helicopter

Eurocopter will supply a fourth EC225 to Blueway, providing additional airlift capacity as this European helicopter operator expands its North Sea oil and gas market services. Among the duties for the 11-ton-class helicopter will be offshore transportation and logistics flights covered in Blueway’s North Sea services contract with Maersk Oil, which broadens the company’s presence in

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