Aircraft & Engines

Boeing and SpiceJet announced a commitment for up to 205 airplanes during an event in New Delhi. Booked at the end of 2016, the announcement includes 100 new 737 MAX 8s, SpiceJet’s current order for 42 MAXs, 13 additional 737 MAXs which were previously attributed to an unidentified customer on Boeing’s Orders & Deliveries website, […]

TrueNoord Regional Aircraft Leasing has purchased six Embraer E190 aircraft. The portfolio is made up of globally operated aircraft with leases attached and this significant investment marks the start of a highly targeted on-going development and growth strategy for the TrueNoord fleet under lease, following investment from private equity firm Bregal Freshstream. Commenting on the

As of December 31, 2016 BOC Aviation had a portfolio of 284 owned and managed aircraft, with an average aircraft age of 3.2 years and an average remaining lease term of 7.3 years for owned aircraft fleet, weighted by net book value. The company had an order book of 199 aircraft and took delivery of

Dublin lessor Elix Aviation Capital has successfully closed a financing facility for two Bombardier Q400 aircraft arranged by DVB Bank SE, London Branch. These turboprop aircraft are the first two of a total of three aircraft which will be delivered to Hawaii Island Air, operating as “Island Air”, from the Canadian manufacturer and placed on

Airbus has increased the average list prices of its aircraft by one percent across the product line, effective from January 1st 2017. This price increase has been calculated according to Airbus’ standard escalation formula over the January 2016 to January 2017 period and takes into account the materials and commodities prices. John Leahy, Chief Operating

Iran Air has taken delivery of its first new aircraft, an A321, in a handover ceremony in Toulouse. The delivery is the first from a firm order placed by Iran Air in December 2016 for 100 Airbus aircraft (46 single aisle and 54 wide-body jets) to renew and expand its fleet. Iran is forecast to

GoAir, a Wadia Group company, has inked a firm contract for 72 A320neo aircraft following its Memorandum of Understanding (MoU) signed during the Farnborough International Airshow. The agreement reached on December 30th, 2016, doubles GoAir’s firm order book for the aircraft type to 144. GoAir took delivery of its first A320neo in June 2016 and

Boeing and Jeju Air announced an order for three Next-Generation 737-800s. The order, valued at nearly US$300m at current list prices, will become the airline’s first direct-purchased airplanes from Boeing and fuel the airline’s continued expansion within Asia’s rapidly growing air travel market. The carrier currently operates an all-Boeing fleet of 26 Next-Generation 737-800s. The

Royal Aero GmbH, Germany, acquired one A319-100, MSN 1541, from SMBC Aviation Capital in December 2016. This aircraft is Royal Aero’s first A319 acquisition and it will remain on lease with Bhutan Airlines.

GA Telesis Component Solutions Group (CSG) has announced the acquisition of an Airbus A319-100 (MSN 1943) aircraft from SMBC. The disassembly has commenced in Florida and the company has routed the key components to its global distribution facilities. The inventory will be used in support of the GA Telesis iGEAR, SNAP and ACCESS programs across