Aircraft & Engines

ATR and the pan-African investing conglomerate Lonrho announced the signature by Lonrho’s wholly-owned subsidiary, Lonrho Air, of a MoU for the purchase of 8 ATR 72-500s. The aircraft will be operated by Fly540, an airline belonging to the conglomerate. The deal, which includes a comprehensive support and spares package, is valued at over $150 million. […]

Bristow Group a provider of helicopter services to the offshore energy industry, announced the acquisition of eight new aircraft. Bristow has exercised options to acquire two S-92 and three S-76C++ helicopters from Sikorsky Aircraft Corporation and three EC225 helicopters from Eurocopter, a division of EADS. The combined value of these purchases is approximately $143 million

Embraer has signed Petroecuador, Empresa Estatal Petroleos del Ecuador, to one ERJ 145 jet. The contract also includes a significant logistical package for supplying replacement parts, technical support and crew training. This deal is already included in Embraer

The Dublin based lessor AWAS has signed a firm contract for 75 A320 Family aircraft bringing their Airbus portfolio to a total of 145, comprising single aisle and long-range aircraft. This is the first order announced by Airbus this year. Being one of the three largest aircraft leasing companies in the world, AWAS has a

Embraer delivered 61 jets to the Commercial Aviation, Executive Aviation, and Defense and Government segments during the fourth quarter of 2007 (4Q07), meeting its goal of delivering 165 to 170 aircraft in 2007. The Company recorded the largest annual airplane delivery figure in its history, 169 jets, and its firm order backlog achieved a new

THAI Airways International has selected the Trent 700 to power a new fleet of eight Airbus A330-300s, in a deal worth around $300 million at engine list prices. The aircraft are due to be delivered from 2009 onwards. In addition, the engines will be covered by a 10 year TotalCare long term services agreement, based

AerVenture Limited, a joint venture company owned by AerCap, LoadAir and Al Fawares, has signed agreements to lease six new Airbus A320-200 aircraft to the Portuguese national airline TAP for a period of eight years. The aircraft are powered by CFM56 engines and are scheduled to be delivered in 2009. The six new A320s will

River Hawk Aviation has reached agreement with its aviation partner Aerologistics Investment Partners, LLC (Aerologistics), to provide aviation management services for a Cessna Citation II that it is acquiring. The management services are to be provided through Profile Aviation Services, a wholly owned subsidiary of the Company. The Cessna Citation II is a very popular

GOL Linhas Aereas Inteligentes S.A. has exercised firm orders for 34 Boeing 737-800 NGs, completing the purchase option for 121 aircraft negotiated in October 2006, and has signed a new contract for the acquisition of 40 additional aircraft for delivery in 2012-2014. The Company also announced that it has accelerated its plans for modernization and

South Korea-based Jeju Air has ordered five Boeing Next-Generation 737-800s to meet future growth plans. The new airplanes are valued at $370 million at list prices. The 737s will be the first Boeing airplanes to enter the Jeju Air fleet. The airline currently operates five regional jets of smaller capacity.