Aircraft & Engines

US-based aircraft lessor Jetscape has signed a five-year lease agreement with Spanish airline Baleares Link Express, which operates under the Hola Airlines name, with respect to one Boeing B757-200 ETOPS aircraft. The aircraft (bearing manufacturer

East Star Airlines, a new Chinese airline based in Wuhan, signed a Letter of Intent with Airbus for the purchase of 10 A320s plus a firm lease deal with GE Commercial Aviation Service (GECAS) for another 10 A320s, becoming a new Airbus customer in China. Deliveries of the leased A320s to East Star will start

East Star Airlines, a new start-up carrier in China, has signed a Letter of Agreement to purchase CFM56-5B engines to power it

Singapore Technologies Aerospace Ltd (ST Aerospace) announced that it has won a contract to provide training helicopter for the Singapore Ministry of Defence. Under this contract, worth about $120m, ST Aerospace will provide the Republic of Singapore Air Force (RSAF) a fleet of five EC120 Colibri helicopter with full technical and logistic support for the

Airbus announced orders and commitments (excluding options) for 157 airliners worth around $14 billion during the Dubai air show. The deals reaffirm Airbus’ leading role in the airliner business and reflect an increasingly strong market recovery. In addition, they had 155 commitments for the new A350 airliner, which is expected to rise to approx. 200

Boeing has celebrated delivery of the first of 45 B737-700 airplanes ordered by ANA.

Brazil

AerCap has signed a letter of intent for the purchase of 70 Airbus A320 Family aircraft. AerCap was formerly known as debis AirFinance, which was recently acquired by Cerberus. In 1999 AerCap (then debis AirFinance) had ordered 31 Airbus A320 Family aircraft. The new deal will take its Airbus portfolio to more than 170 aircraft.

International Lease Finance Corporation (ILFC) has signed a contract with Airbus for 12 new A350 aircraft. With this transaction ILFC has ordered over 600 new Airbus aircraft since its first order in 1989.

Hong Kong Aero Engine Services Ltd. (HAESL) and Singapore Aero Engine Services Limited (SAESL) have signed a new contract with Emirates Airline for the ongoing maintenance and repair of Rolls-Royce Trent aircraft engines within its fleet. HAESL is a joint venture of Rolls-Royce (45%), HAECO (45%) and SIAEC (10%). The new contract, potentially worth $600