Aircraft & Engines

GECAS to purchase five ARJ21-700ER Regional Jet Aircraft

GE Commercial Aviation Services Limited (GECAS) and Shanghai-based Commercial Aircraft Corporation of China, (COMAC) announced a signed contract for five ARJ21 regional jets, with options for 20 additional aircraft. Deliveries of the aircraft to GECAS will begin in 2013. The ARJ21 is a 70-90 seat regional jet that combines Chinese intellectual property with advanced engines,

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Air China Cargo orders 747-400 Boeing Converted Freighters

Air China Cargo will add three 747-400 Boeing Converted Freighters (BCF) to its cargo fleet. The modification work on the three Combi airplanes will take place at Taikoo Aircraft Engineering (TAECO) in Xiamen, China. They previously were operated by Air China. Air China Cargo currently operates eight freighters, including three 747-400 Freighters delivered new in

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Bristow Group completes sale of Gulf of Mexico aircraft to Rotorcraft

Bristow Group announced it has completed the previously announced sale of 53 single-engine aircraft and related assets operating in the U.S. Gulf of Mexico to Rotorcraft Leasing Company, L.L.C. for approximately $65 million. Bristow received approximately 20% of the purchase price at closing, with the remainder to be paid from escrow as title transfers are

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Boeing projects China as world's fastest-growing aviationmarket

Boeing forecass a market for 3,710 new airplanes worth about $390 billion over the next 20 years. “China will continue to be the fastest-growing aviation center in the world, requiring 41 percent of the entire Asia-Pacific region airplane demand. This makes China the largest market outside of the U.S. for new commercial airplanes,” said Randy

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