Aircraft & Engines

Nir Dagan, Arkia Israeli Airlines’ President & CEO, and John Slattery, President & CEO, Embraer Commercial Aviation, announced at the Farnborough Airshow, a Letter of Intent (LoI) from the airline for up to ten E195-E2 jets, consisting of six firm orders and four purchase rights. With purchase rights exercised, the contract has a potential value […]

2016 to date is proving to be another strong year for CFM International, with the company booking a total of 1,660 engine orders through June, including 700 CFM56 engines (commercial, military and spares) and 960 LEAP engines (including spares). This total represents more than 100 engines compared to the same period in 2015. Total LEAP

Kalstar Aviation, an Indonesian regional operator and Embraer have signed a firm order for five E190-E2s. The contract also included five purchase rights for the same model, bringing the total potential order to up to ten aircraft. The order has an estimated value of US$582m, at current list price, if all the purchase rights are

Nordic Aviation Capital (NAC) has placed a firm order for four E190 aircraft. The four new E190s were included in Embraer’s 2016 second-quarter backlog and have an estimated value of US$199m, based on Embraer’s list prices. These new aircraft will join the other 69 E-Jets currently managed by NAC worldwide.

Boeing and Xiamen Airlines announced at the 2016 Farnborough International Airshow a Memorandum of Understanding for the purchase of up to 30 737 MAX 200 airplanes, valued at up to US$3.39bn at current list prices. The airline, which is already a 737 MAX customer, sees the MAX 200 as a fit for its low cost

UK based Virgin Atlantic Airways has selected the A350-1000, the largest member of the A350 Family, to become the latest aircraft in its fleet, operating from both London Heathrow and Gatwick airports. The airline is purchasing eight A350-1000s for deliveries commencing in 2019, and four new aircraft on long term leases from ALC from 2020,

Air Lease Corporation, the Los Angeles based aircraft leasing company announced a firm order for three A350-900s and one A321 at the Farnborough Airshow to meet strong market demand for more modern and fuel-efficient aircraft. Including this latest announcement, ALC’s portfolio of Airbus aircraft stands at a total of 267, of which 70 are widebodies

Standard Chartered Bank has ordered 10 Next-Generation Boeing 737-800s, powered by CFM56-7B engines.  The order, valued at US$960m at current list prices, was attributed to an unidentified customer on the Boeing Orders & Deliveries website. Speaking at the 2016 Farnborough International Airshow, Kieran Corr, Head of Aviation Finance at Standard Chartered, said: “We are excited

Boeing and Donghai Airlines announced the airline’s intent to purchase 25 737 MAX 8s and five 787-9 Dreamliners at the 2016 Farnborough International Airshow. The agreement is valued at more than US$4bn at current list prices. Shenzhen-based Donghai Airlines previously ordered 15 Next-Generation 737-800s and 10 737 MAX 8s in 2013. Donghai continues to fulfill

During the second quarter of 2016 (2Q16), Embraer delivered 26 jets to the commercial aviation market and the same number to the business aviation market, of which 23 were light jets and 3 were large jets. On June 30, Embraer’s firm order backlog totaled US$21.9bn.