Aircraft & Engines

DAE signs agreement with US Export-Import Bank for 10 Aircraft

DAE Capital, the aircraft leasing and financial business arm of Dubai Aerospace Enterprise (DAE), has secured a financing commitment with the Export-Import Bank of the United States (Ex-Im Bank) worth over $500 million. The financing deal between Ex-Im Bank and DAE Capital supports the delivery of 10 aircraft by guaranteeing commercial loans or providing the

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Strategic Airlines to lease Airbus A330-200

STRATEGIC Airlines have confirmed the signing of a lease agreement for an Airbus A330-200 aircraft, to service their ongoing contractual commitments. The aircraft has been leased through Swiss Airlines International, and will replace Strategic’s currently chartered Airbus A330-300. The A330-200 will be used for current Australian contractual requirements, as well as additional charter and ACMI

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Sikorsky Global Helicopters delivers six S-300CBi Helicopters to Bristow Academy

Sikorsky Aircraft Corp.’s Sikorsky Global Helicopters unit has delivered six S-300CBi helicopters to Bristow Academy, a Florida-based flight training school. All six aircraft will join Bristow’s fleet of 48 S-300CBi helicopters, currently used for training instruction at Bristow’s three U.S. locations in California, Florida, and Louisiana.

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CFM launches CFM56-7B Evolution engine program to power enhanced Boeing Next-Generation 737

CFM International launched the new CFM56-7B Evolution engine enhancement program scheduled to enter airline service in mid-2011 to coincide with Boeing Next-Generation 737 airframe improvements. The CFM56-7B Evolution-powered Next-Generation 737 enhanced airplane/engine combination will provide a 2% improvement in fuel consumption, which, in turn, equates to a 2% reduction in carbon emissions. Additionally, the enhanced

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Air China Cargo receives 747-400 Boeing converted freighter

Boeing Air China Cargo and TAECO (Taikoo Aircraft Engineering Co.) today celebrated the redelivery of the carrier’s first 747-400 Boeing Converted Freighter, the first of three 747-400BCFs ordered by the airline. The airplane is converted from an Air China 747-400 Combi. Air China Cargo is receiving the 37th 747-400BCF redelivery and the eighth conversion from

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GECAS finishes active first quarter with 45 aircraft placed

GE Commercial Aviation Services (GECAS) announced today that during the first quarter of 2009 ending March 29 it placed 45 aircraft, including 33 aircraft from its existing fleet leased, 9 lease extensions, and 3 sales, representing a strong 15 percent increase over 2008 first quarter placements. Of the 33 new leases, 12 were placed with

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BAE Systems Asset Management wins Avianca remarketing mandate

Avianca, the flag carrier of Colombia, has awarded BAE Systems Asset Management an exclusive mandate to remarket eight Boeing MD 83 airliners. The eight Avianca aircraft were all built between 1989 and 1992 and all have Pratt & Whitney JT8D-219 engines. BAE Systems Asset Management has also won an exclusive mandate from Avianca for the

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