Aircraft & Engines

Gulfstream Aerospace announced the introduction of an all-new business jet: the Gulfstream G650. With its ultra-large cabin and ultra-long range, the G650 establishes a new price and performance point for business-jet aircraft. It is capable of traveling 7,000 nautical miles at 0.85 Mach or 5,000 nautical miles at 0.90 Mach. Using an advanced aerodynamic design, […]

Rolls-Royce announced its fourth new engine programme in a year with the introduction of the BR725. The engine will be the exclusive powerplant for Gulfstream

Babcock & Brown Air Limited has acquired five additional aircraft, increasing its portfolio to a total of 59 acquired and committed aircraft. The five new aircraft include: — One Airbus A319-112 on lease to Virgin America (US) — One Airbus A330-200 on lease to LTU (Germany) — Two Boeing 757-200s on lease to Icelandair (Iceland)

The Government of Iraq has placed a firm order for six CRJ900 NextGen airliners which will be used for civilian airline services in Iraq. The transaction includes options on an additional four CRJ900 NextGen aircraft. Based on the list price for the CRJ900 NextGen aircraft, the value of the firm contract is approximately $239 million.

The GEnx-2B engine that will power the new Boeing 747-8 airplane demonstrated 70,950 lbs. of takeoff thrust during ground testing on March 12th, at GE’s outdoor testing facility in Peebles, Ohio. Ground testing on the GEnx engine began with idle runs on February 29 and reached 70,950 lbs. of standard day sea-level takeoff thrust on

CIT Group, a leading global commercial finance company, announced that CIT Aerospace, a unit of CIT, has signed contracts with Airbus for 20 new aircraft (fifteen A320 family aircraft and five A330) worth approximately $1.9 billion at list prices. The aircraft are scheduled to be delivered beginning in 2011 and continue through 2014. Including this

Felix Airways of Sana

The Austrian Airlines Group is aiming at a reduction of the Canadair CRJ fleet in the medium-term, in order to partially replace these 50-seat aircraft with 80-100-seat aircraft. For this, a Canadair CRJ should be handed over and be replaced with an additional Fokker 100. Furthermore, two Canadair CRJs and both of the currently oldest

Pratt & Whitney Canada has received type certification from Transport Canada and the European Aviation Safety Agency for the PW127M engine, the newest member in the PW100 regional turboprop family. The PW127M offers five per cent more power than its predecessor, the PW127F engine. The PW127M is a derivative of the PW127F and PW127E engines

International investment and specialised fund and asset management group Babcock & Brown announced that a joint initiative with HCI Capital AG (HCI), a leading distribution house for closed funds and structured products in Germany, has acquired its first aircraft leasing investment with the purchase of two Boeing 777-200LR aircraft delivered to Air Canada in February