Aircraft & Engines

AW169 helicopter selected by the Argentine National Gendarmerie

Leonardo has received an order for an AgustaWestland AW169 by the Argentine National Gendarmerie in support of law enforcement and border patrol operations, expanding the presence of Leonardo in the highly competitive Argentinian government sector. Delivery of the AW169 to the Argentine National Gendarmerie is expected in the second half of 2017 and follows the […]

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Skyworld Aviation arranges sale and leaseback of three ERJ 145 aircraft

Skyworld Aviation has arranged the sale and leaseback of three ERJ 145 aircraft with AeroCentury Corp of the U.S. AeroCentury is a global aircraft leasing company which specializes in leasing turboprop and jet aircraft, as well as engines, to regional air carriers. Skyworld Aviation’s relationship with AeroCentury reaches back to 2002 having worked on many

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Boeing signs US$3 billion 30-plane deal with Iran’s Aseman Airlines

Four months after Iran Air signed a US$16 billion 80-plane deal with Boeing, Iran’s Aseman Airlines has signed a US$3 billion 30-plane deal with the American plane manufacturer. Both deals have come about as a result of Iran signing an international nuclear agreement in July 2015. The Aseman contract is for 30 Boeing 737 MAX

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SunExpress and DVB close financing for two Boeing 737-800 delivered in March 2017

DVB Bank provided bilateral term loan to SunExpress for the aircraft which represent the first two in a six aircraft batch, that the airline will take delivery this year. Norton Rose Fulbright LLP acted as counsel to the Lender whilst Holman Fenwick Willan LLP acted as counsel to the airline.

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Pemco secures Air Incheon contract for B737-400 passenger to frighter conversion

PEMCO World Air Services (PEMCO) has signed an agreement with South Korea-based Air Incheon for the passenger to frighter conversion of one B737-400 aircraft (MSN 25857). Air Incheon, which is currently operating one PEMCO-converted B737-400 (MSN 25190), will take redelivery of its latest aircraft in Q3 2017.

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Finnair takes delivery of eighth A350 aircraft and closes sale and leaseback agreement

Finnair has finalised an arrangement, announced previously as a memorandum of understanding, by which it sells the Airbus A350 aircraft delivered on April 3, to GE Capital Aviation Services (GECAS) and leases the aircraft back for its own operation. The initial lease period is 12 years, and the lease includes extension options. The arrangement has

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Waypoint Leasing places two additional AW139 aircraft with Heliconia

Waypoint Leasing has delivered two additional AW139 helicopters to Heliconia Group (“Heliconia”), a regional provider of helicopter transportation and related support services. These two aircraft join a third AW139 leased from Waypoint, all in support of oil and gas operations in Northwest Africa. Over the last month, Waypoint has placed eight aircraft on lease with

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Third member of A320neo Family starts flight test campaign

The first Airbus A319neo performed its maiden flight on March 31. The smallest member of the A320neo Family, powered by CFM International LEAP-1A engines took off from Hamburg and landed in Toulouse after a 5 hour flight. It was piloted by Experimental test pilots Michel Gagneux and Eckard Hausser. They were assisted in the cockpit

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XTI Aircraft Company receives key patent from U.S. Patent and Trademark Office

XTI Aircraft Company (XTI) has received a written Notice of Allowance from the U.S. Patent and Trademark Office, stating that the USPTO will issue a utility patent for the TriFan 600 vertical takeoff airplane. “This is another important milestone for the company,” said Robert LaBelle, XTI’s Chief Executive Officer. “Issuance of this patent not only

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