Aircraft & Engines

BOC Aviation delivers first of five new aircraft to Air China under purchase and leaseback arrangement

BOC Aviation has delivered a Boeing 777-300ER aircraft which is the first of five new aircraft to be leased to Air China under a purchase-and-leaseback arrangement. The remaining two Boeing 777-300ER and two Airbus A330-300 aircraft are scheduled for delivery from the manufacturers by the end of this year. The transaction represents incremental capital expenditure

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GE Aviation and its joint ventures receive more than US$3bn in orders/commitments at Zhuhai Airshow

GE Aviation and CFM International, a 50/50 joint company between GE and Safran Aircraft Engines, announced more than US$3 bn in orders and commitments at this year’s Zhuhai Air Show. The orders and commitments included more than 200 GE and CFM engines as well as agreements for TrueChoice suite of engine maintenance offerings. Orders/commitments include:

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CIB Leasing orders 10 CRJ900 aircraft

Industrial Bank Financial Leasing  (also known as CIB Leasing) headquartered in Beijing, China is the previously announced unidentified customer that had placed a firm order for 10 CRJ900 aircraft. This purchase agreement was initially announced on June 20, 2016. Both parties will work closely together to explore market opportunities for regional fleet growth and network

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Aergo Capital sells one 2001 Vintage A320-200 and one 1997 Vintage B737-400

Aergo Capital has sold two aircraft as the company continues to reduce the average age of its fleet. Aergo sold one 2001 Vintage A320-200, bearing Manufacturers Serial Number 1626, to Blackrock Investment Management – Aviation Group. The aircraft is subject to an operating lease with Avion Express, who will continue to operate the aircraft. Furthermore

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Air China Selects V2500 engines for 18 firm A320ceo Family aircraft

Air China has selected the V2500 engine to power 18 firm Airbus A320ceo family aircraft. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, a division of United Technologies; Pratt & Whitney Aero Engines International GmbH; Japanese Aero Engines Corporation; and MTU

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