Aircraft & Engines

Tibet Airlines takes delivery of its first A319

Tibet Airlines, a newly established Chinese airline based in Lhasa, Tibetan autonomous region of China, has taken delivery of its first Airbus A319, becoming Airbus’ newest operator in China. This aircraft is the first out of three A319s, an order which was placed in May 2010. Tibet Airlines’ A319 accommodates 128 passengers in a two-class […]

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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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