Aircraft & Engines

GATX Corporation announced a plan to focus its aircraft leasing portfolio around its newer, more profitable aircraft. As part of this plan, GATX announced its intent to sell up to $450 million of older aircraft assets (including wholly owned and joint venture aircraft), or approximately 23% of its current air portfolio. In conjunction with this […]

ABX Airannounced today that a U.S. bankruptcy court has approved ABX Air

Germanwings has signed a contract for 18 Airbus A319s. The order follows an earlier announcement of the airline

The Supervisory Board of Lufthansa approved the placement of orders for twelve short-haul CRJ-900 aircraft with 84 seats. The twelve new CRJ-900s are to replace 50-seater CRJ-200s. The Lufthansa regional fleet currently consists of a total of 160 aircraft.

WestJet received Board approval to purchase four additional Boeing Next-Generation 737 aircraft by converting purchase options with Boeing into a firm delivery. The 737 aircraft are scheduled to be delivered in 2007. WestJet will also exercise purchase rights for additional three 737 Next-Generation aircraft in 2008.

LAN AIRLINES, based in Santiago, Chile will lease one (1) used Boeing 767-300ER aircraft from ILFC. The aircraft, MSN 26261 will be powered by PW4062 engines and delivered in November 2005. The lease term is for 3

AEGEAN AIRLINES, based in Athens, Greece will lease three (3) new Airbus A320-200 aircraft from ILFC. The aircraft will be powered by V2527-A5 engines and are scheduled to deliver in February and March 2007. The lease terms are for 6 years each.

Finnair announced to acquire 12 new Airbus wide-bodied aircraft, as it modernises its long-haul fleet. Of the aircraft, nine are A350s and three are A340s. The A340 aircraft are scheduled for delivery in 2007-08. The Airbus A350 will join the Finnair fleet in 2011. The value of the order is over one billion euros. The

CIT Group Inc. will purchase ten new Boeing 737-800 aircraft from Delta Air Lines upon the delivery of the aircraft by Boeing to Delta. The total dollar value of the aircraft is approximately US $600 million, based on current list prices. The ten aircraft are currently part of Delta’s existing order backlog with Boeing. Nine

Philippine Airlines has placed a firm order with Airbus for nine A320s and taken options on a further five aircraft, as part of its long term fleet modernisation programme. In addition, the airline will be leasing two new A320s and two new A319s from GE Capital Aviation Services. Deliveries of the new fleet of A320