Eve Air Mobility (Eve) has signed a letter of intent with AirX Inc., Japan’s largest public helicopter air charter service, for up to ten firm and up to 40 optional electric vertical take-off and landing (eVTOL) aircraft. The order will support the continued development and scaling of innovative transportation operations in Japan. AirX is a
CMA CGM AIR CARGO is set to launch a transpacific route linking Asia to North America in the summer of 2024, marking a significant step forward in its development strategy. To facilitate service expansion to new destinations, CMA CGM AIR CARGO will take delivery of two Boeing B777-200F aircraft this year. The first aircraft, expected
In the first quarter of 2024, BOC Aviation conducted a series of significant transactions, showcasing its robust operational performance. These transactions included adding ten aircraft to the delivery pipeline for 2024 and finalising 31 lease commitments, marking the strongest first-quarter performance since 2020. Moreover, the company maintained strong momentum in aircraft sales, with five aircraft
Pratt & Whitney Canada (P&WC) has marked a significant milestone with the PT6A engine, surpassing 25 million flight hours and 40 years of powering the Cessna Caravan turboprop family for Textron Aviation. “The Cessna Caravan continues to define adventure and flying freedom and the pairing between this family of aircraft and the PT6A engine is
Abelo, the Irish-based lessor, has announced the lease of a new ATR72-600 aircraft to Olympic Air, a member of the AEGEAN Group. The aircraft, part of Abelo’s order of thirty ATR aircraft, has just been delivered to Olympic Air. This strategic addition will support Olympic Air’s efforts to expand its regional presence in Greece. Since
The Japan Coast Guard (JCG) has placed an additional order for three H225 helicopters, increasing its total H225 fleet to 18. As the largest Super Puma operator in Japan, the Coast Guard received three H225s in December 2023 and one in February 2024 to bolster its expanding fleet. These new helicopters will support territorial coastal
CFM International has dispatched the inaugural production LEAP-1A engines equipped with its new reverse bleed system (RBS) to Airbus, anticipating entry into commercial service by mid-year. This new production configuration hardware will also undergo installation in the existing fleet by airlines and overhaul shops. Additionally, CFM plans to introduce the RBS on the LEAP-1B engine.
North America’s commercial aircraft services market is projected to experience substantial growth, reaching US$45 billion by 2042, a 45% increase from the current US$31 billion, as per Airbus’ latest Global Services Forecast (GSF). Following the pandemic, North America emerged as one of the earliest and strongest regions to recover. The demand for domestic and international
The inaugural flight of the E190F, the first E-Freighter conversion from passenger transport to cargo aircraft, marked a milestone as it soared through the skies above São José dos Campos, Brazil on April 5. Conducted by the Embraer team, the flight lasted approximately two hours, during which the E-Freighter underwent comprehensive evaluations. Further testing is
Aviation finance powerhouse Avolon has finalised an agreement with Cebu Pacific, the renowned low-cost carrier from the Philippines, for the sale and leaseback of four brand-new Airbus A330neo aircraft. The delivery schedule spans from late 2024 to 2026, with the first aircraft set for arrival later this year. These cutting-edge aircraft will play a pivotal
