Aircraft & Engines

Avolon, the international aircraft leasing company, has issued an update for the 2017 fourth quarter. The aircraft leasing company has delivered 45 new aircraft and sold 44 owned and managed aircraft in the fourth quarter 2017. The company completed the US$10.4bn acquisition and integration of CIT’s aircraft leasing business. Avolon has increased its owned, managed […]

TrueNoord, the regional aircraft lessor, has concluded the increase of an existing term financing facility with DVB bank for the purchase of a 2012 vintage Embraer E190 aircraft from Air Astana, which will continue to be operated by the airline under the terms of a sale-lease back transaction. This aircraft increases TrueNoord’s Embraer portfolio to

Ethiopian Cargo and Logistics Services, a division of the Ethiopian Airlines Group, has committed to lease the first two Boeing 737-800 freighters (737-800SF) converted by Aeronautical Engineers (AEI) from GECAS, with the first delivery expected in June of 2018, followed by a second in January of 2019. Ethiopian Cargo and Logistics provides airport–to–airport services across

Dubai Aerospace Enterprise (DAE) has released that it completed the acquisition of AWAS, catapulting DAE into the top tier of global lessors. The company has lunched its inaugural ABS ‘Falcon 2017-1’ in February 2017 and sold the E notes to sophisticated US capital markets investors. DAE has issued its inaugural US$2.3bn benchmark bond in the

Airbus has completed assembly of the first A321neo ACF (Airbus Cabin Flex) at its facilities in Hamburg. The aircraft powered by CFM Leap-1A engines will undergo ground tests prior to its scheduled first flight in the coming weeks. First delivery of an A321neo ACF to a customer is scheduled for mid-2018. The A321neo ACF is

Kazakh flag carrier Air Astana has taken delivery of the first A321neo at the Airbus facility in Hamburg, Germany. The aircraft is on an operating lease from Aercap, with the deal including two further A321neo and one A320neo aircraft for delivery planned in 2018. The Air Astana A321neo is configured with 28 Business Class and

Airbus has completed assembly of the first A321neo ACF (Airbus Cabin Flex) at its facilities in Hamburg. The aircraft powered by CFM Leap-1A engines will undergo ground tests prior to its scheduled first flight in the coming weeks. First delivery of an A321neo ACF to a customer is scheduled for mid-2018. The A321neo ACF is

Southwest Airlines is increasing its fleet investment with its longtime business partner, Boeing, to support future growth opportunities and fleet modernization at favorable economics. The Company exercised 40 Boeing 737 MAX 8 options for 15 firm orders in 2019 and 25 firm orders in 2020, and deferred 23 Boeing 737 MAX 7 firm orders from

Southwest Airlines is increasing its fleet investment with its longtime business partner, Boeing, to support future growth opportunities and fleet modernization at favorable economics. The Company exercised 40 Boeing 737 MAX 8 options for 15 firm orders in 2019 and 25 firm orders in 2020, and deferred 23 Boeing 737 MAX 7 firm orders from

Kazakh flag carrier Air Astana has taken delivery of the first A321neo at the Airbus facility in Hamburg, Germany. The aircraft is on an operating lease from Aercap, with the deal including two further A321neo and one A320neo aircraft for delivery planned in 2018. The Air Astana A321neo is configured with 28 Business Class and