Aircraft & Engines

Saga Airlines orders two Boeing Next-Generation 737-800s

Saga, the Istanbul-based airline, has ordered two Boeing 737-800s with Blended Winglets. Saga Airlines has also secured two purchase rights for the same model. This order is valued at $149 million at current list prices. Saga Airlines, which is the sister company of Saga Tours and Istanbul Petrol A.S commenced operations in April 2004. The […]

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Tiger Airways selects Hamilton Sundstrand's APS 3200 Auxiliary Power Unit

Hamilton Sundstrand has signed a long-term agreement with Tiger Airways to install its APS 3200 Auxiliary Power Unit (APU) on Tiger’s new fleet of up to 60 Airbus A320 aircraft. Tiger Airways currently operates a fleet of 12 APS 3200-equipped A320s from its Singapore and Melbourne bases. The APS 3200 APU has accumulated more than

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CIT reports 100th aircraft financing milestone with NetJets

CIT Aerospace, a unit of CIT, has reached a milestone of financing 100 total aircraft, mostly in increments of 1/16th and 1/8th shares, through its fractional lease and finance program with long-time commercial partner NetJets. NetJets is the pioneer and worldwide leader in fractional aircraft ownership. With this milestone, CIT is approaching $1.5 billion in

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Grupo Marsans takes delivery of first Airbus A330-200

Grupo Marsans, Spain’s largest tourism and transport group, has taken delivery of its first directly purchased Airbus A330-200 aircraft for its subsidiary Air Comet. The delivery is the first aircraft from an agreement for a total of 17 A330-200 ordered in December 2006. The aircraft, powered by Pratt & Whitney PW4000 engines, has 283 seats

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