Aircraft & Engines

GE Aviation to invest $60 million at Victorville, California facility for new flying testbed

GE Aviation is announcing a $60 million investment to purchase and refurbish a Boeing 747-400 aircraft and turn it into a new flying test bed that will test the next generation of jet engines-starting with the LEAP-X engine. The recently purchased 747 aircraft features GE’s CF6-80C2 engines and will be home-based at GE’s Victorville, California […]

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Nordic Aviation Capital purchases one new ATR72-500 from ATR

Nordic Aviation Capital confirmed that it has purchased 1 factory new ATR72-500, MSN 921 from ATR for lease to Air Mauritius. This is the second occasion on which NAC has purchased factory new aircraft from ATR for lease to an airline operator. Air Mauritius operates international routes to Europe, Africa, the Middle East, India, Indonesia

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Saab Aircraft Leasing completes a total of 30 new aircraft transactions in 2010

Saab Aircraft Leasing (SAL) recorded 30 transactions, including 10 sales, 18 leases (either new or extensions), and two third-party placements for 2010. Some 23 were Saab 340 transactions, which comprises the largest share of SAL’s portfolio. The Saab 340 transactions included 10 sales, two extensions and 11 new leases. Of the seven Saab 2000 transactions,

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