Aircraft & Engines

Chorus is seeking opportunities to increase its regional aircraft leasing activity outside of the CPA as management recognizes regional aircraft leasing as a growing market segment with few established providers. Chorus (through a subsidiary) plans to purchase and lease four new CRJ1000 regional jets to Air Nostrum, and has secured a letter of offer from […]

The national flag carrier Air Vanuatu has started operations of its very first ATR 72-600. The aircraft, leased from Nordic Aviation Capital (NAC), was recently delivered in Toulouse, France. The aircraft is configured with 70 seats and is equipped with the most modern cabin interior and navigation aid tools. Thanks to the ETOPS 120 minutes

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

Air Astana, Kazakhstan’s flag carrier, has taken delivery of its first A320neo at Airbus headquarters in Toulouse in the presence of airline executives and government officials. The aircraft leased from Air Lease Corporation is part of a deal announced at the Farnborough Airshow 2015 for 11 A320neo Family aircraft. The A320neo will join Air Astana’s

ATR and Papua New Guinea carrier PNG Air have signed a US$134m contract for the firm purchase of five ATR 72-600s. The deal represents the conversion into firm orders of five options from a previous deal. Formerly known as Airlines PNG, PNG Air signed for a total of six firm ATR 72-600s and 14 options

Avolon, the international aircraft leasing company, announced the delivery of one Boeing B737-800 aircraft to Malindo Air. This is the third Avolon aircraft on lease to Malindo Air.

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:

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

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

Shenzhen Airlines has selected the V2500 engine to power 13 firm Airbus A320ceo family aircraft. Established in 1992, Shenzhen Airlines, a member of the Star Alliance, operates passenger, freight and postal transport.