Engine Lease Finance, a wholly owned subsidiary of Mitsubishi UFJ Lease and Finance, reported the sale and lease back of its first LEAP engine with Frontier Airlines as lessee. This is the first spare engine delivered under the LEAP program which has already amassed an order book in excess of 10,800 engines.
HAECO Xiamen reported the redelivery of its first Boeing 757-200 passenger-to-freighter conversion aircraft for China Postal Airlines. The aircraft is the 12th Boeing 757-200 freighter conversion completed by HAECO Xiamen with its Supplemental Type Certificate (“STC”) partner Precision Aircraft Solutions since the programme commencement in March 2010.
HAECO Xiamen redelivers first Boeing 757 PCF to China Postal Airlines Read More »
Air Lease Corporation (AL) has placed twelve new Airbus A321neo aircraft on long term lease to Vietnam Airlines. Six of the aircraft will deliver in 2018 and six of the aircraft will deliver in 2019, all from ALC’s order book with Airbus. Last year ALC announced long term lease contracts with Vietnam Airlines for eight
Air Lease Corporation places 12 new Airbus A321neo aircraft with Vietnam Airlines Read More »
According to the latest ATR Market Forecast, published in July, demand for new turboprops is expected to reach 750 units over the next 20 years. This would be partly fuelled by about 600 new routes to be created in the region (excluding China). In addition, ATR estimates that regional traffic demand in emerging countries should
Aviation Inventory Resources has acquired 19 Saab 340B aircraft along with a major spares inventory from Envoy Air Inc. The package represents the largest ever single aftermarket aircraft/spares transaction for the Saab 340. The spares inventory of more than 11,000 line items will be relocated to AIR’s main facility in the Dallas/Fort Worth, Texas area.
Aviation Inventory Resources acquires major Saab 340 aircraft Read More »
Airbus celebrated the delivery of its 10,000th aircraft – an A350-900 for Singapore Airlines. The milestone event was marked by a special ceremony in Toulouse hosted by Airbus Group CEO Tom Enders and attended by Goh Choon Phong, CEO of Singapore Airlines. The aircraft delivered is the sixth A350-900 for Singapore Airlines, out of a
Airbus celebrates delivery of 10,000th aircraft Read More »
During the third quarter of 2016 (3Q16), Embraer delivered 29 jets to the commercial aviation market, 38% more than the same period of 2015. The company delivered 12 large executive jets, 33% more than the same quarter of last year. However, total executive aviation deliveries fell around 17% when compared to 3Q15. On September 30,
Embraer’s commercial aircraft deliveries up 38% in 3Q16 Read More »
Avolon, the international aircraft leasing company, reported the delivery of one Boeing B737-800 aircraft to Aerolineas Argentinas. This is the first Avolon aircraft on lease to Aerolineas Argentinas.
Aerolineas Argentinas takes delivery of one Boeing B737-800 from Avolon Read More »
GE Capital Aviation Services Limited (GECAS) has delivered a new, leased Airbus A320neo to Avianca Brasil to expand and modernize the carrier’s fleet. The aircraft is the first in the Americas powered by CFM International LEAP-1A engines. CFM International is a joint venture between GE and Safran Aircraft Engines. The Airbus A320neo aircraft is one
Air Lease Corporation reported the placement of six new 737 MAX 8s with CFM Leap-1B engines on long-term lease to LOT Polish Airlines. In addition to the six firm lease placements, the agreement includes the option to lease five new 737 MAX 8s, to be confirmed by early 2017. All eleven aircraft are from ALC’s
