Aircraft & Engines

BOC Aviation and Air China enter into purchase-and-leaseback arrangement for five new aircraft

BOC Aviation has entered into a purchase-and-leaseback arrangement with Air China for five aircraft, comprising three Boeing 777-300ER aircraft and two Airbus A330-300 aircraft, all scheduled for delivery new from the manufacturer in the fourth quarter of 2016.

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Lufthansa Technik and Lufthansa Cargo test loading of Trent XWB

Together with Lufthansa Cargo, Lufthansa Technik AG has reached another important milestone in its preparations for the entry into service of the Airbus A350 in Lufthansa German Airline’s fleet: In a test carried out in Frankfurt under real-life conditions, a Trent XWB aircraft engine provided by Rolls-Royce was loaded into a Boeing 777F. This successful

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Sikorsky delivers Alaska's first S-92 search and rescue helicopter

North Slope Borough (NSB), Alaska, received its first S-92 helicopter dedicated to search and rescue. Acceptance of the aircraft occurred in a ceremony at Sikorsky’s commercial helicopter center. The helicopter will perform the critical mission of search and rescue operations (SAR) for all NSB residents. The aircraft was selected to provide a safe, efficient and

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Lufthansa signs letter of intent on wet-lease collaboration between Eurowings and airberlin

Deutsche Lufthansa AG and airberlin signed a letter of intent on the wet lease of up to 40 aircraft which will be operated by the airberlin Group for the Lufthansa Group companies Eurowings and Austrian Airlines. The six-year agreement, is to start with the beginning of the 2017 summer schedule on 26 March. It would

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Finnair takes delivery of seventh A350 aircraft and closes sale and leaseback agreement

Finnair has finalised an arrangement, already announced last year as a memorandum of understanding, by which Finnair sells the Airbus A350 aircraft delivered today, to GE Capital Aviation Services Limited (GECAS) and leases back the aircraft for its own operation. The initial lease period is 12 years, and the lease includes extension options. The arrangement

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SKY Leasing acquires initial seven aircraft

Through two separate secondary market transactions, SKY Aviation Leasing International acquired seven commercial aircraft on lease with five existing customers (airberlin, Gol Linhas Aéreas, Jet Airways, SpiceJet, and Thai Lion Air) and two new customers (Beijing Capital Airlines and China Airlines). Consistent with SKY Leasing’s investment strategy of building a fleet of young mid-life aircraft

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STS Component Solutions acquires first LM2500 Aeroderivative Gas Turbine

STS Component Solutions, a division of STS Aviation Group, acquires an LM2500 Aeroderivative Gas Turbine engine. This is the company’s first LM2500 series engine purchase and further broadens STS’ LM support capabilities. The General Electric LM2500 is a turboshaft gas turbine derived from the CF6-50 aircraft engine turbofan. It has additions and modifications designed to

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