American Airlines to invest in hydrogen-electric engine developer ZeroAvia

©American Airlines announced its investment in ZeroAvia

American Airlines has announced its investment in ZeroAvia, a leader in hydrogen-electric, zero-emission aviation. In addition to the investment, a memorandum of understanding provides American the opportunity to order up to 100 engines from ZeroAvia’s hydrogen-electric powertrain development programme. The engines are intended to power regional jet aircraft with zero emissions. “Our investment in ZeroAvia’s emerging hydrogen-electric engine technology has the potential to play a key role in the future of sustainable aviation,” said Derek Kerr, American’s Chief Financial Officer. “We are excited to contribute to this industry development and look forward to exploring how these engines can support the future Read more

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Falko outlines second-quarter 2022 portfolio activity

Falko Regional Aircraft (Falko), the asset manager and aircraft lessor focused solely on the regional aircraft sector, has provided a summary of its Q2 2022 market activity.  In Q2 2022, Falko added 23 aircraft to its portfolio during the quarter.  Eight aircraft were sold and four aircraft were delivered on lease to customers in Europe.  Activity was focused on the turboprop sector and the ATR product in particular, with three ATR 72s being delivered to Loganair and Emerald Airlines. An Embraer E195 was also delivered to SAS Link. As of June 30, 2022, and following the transaction with Chorus, Falko’s portfolio Read more

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Hans Airways’ first Airbus A330 arrives in the UK

Nathan Burkitt COO (l) and Satnam Saini CEO (r) aboard Hans Airways' first A330 aircraft ©Hans Airways

Hans Airways, the UK’s new long-haul airline readying itself to fly to India, has celebrated the arrival of its first Airbus A330-200 on UK soil. The aircraft touched down from Palma Airport, Mallorca at Birmingham International Airport, welcomed by CEO Satnam Saini, COO Nathan Burkitt and CCO Martin Dunn for Hans Airways, ahead of formal technical handover and technical acceptance signing with the lessor. Hans Airways has partnered with maintenance and repair overhaul specialist STS Aviation Services for re-registration tasks and entry into service modifications ahead of its important route-proving flight for the UK Civil Aviation Authority in the coming Read more

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TrueNoord leases second Embraer E190 to Cobham Regional Services

©TrueNoord has delivered a second Embraer E190 aircraft to Cobham Regional Services

Specialist regional aircraft lessor TrueNoord has completed the transition of a second Embraer E190 (MSN 1900099) to Cobham Regional Services on a six-year operating lease. The aircraft was integrated into Cobham’s fleet in May and is already operating charter flights from its base in Perth. The smooth transition of this E190 from TrueNoord’s previous lessee, Mandarin Airlines, was particularly challenging due to pandemic restrictions. Jack Bos, TrueNoord Technical Director, explains how the team dealt with these added complexities, “At the time it was not possible to send inspectors to Taiwan without them having to quarantine for two weeks on arrival. Read more

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Airbus pulls plug on entire remaining Qatar Airways A350 deal

Qatar Airways Airbus A350 ©AirTeamImages

With Qatar Airways refusing to take delivery of any further Airbus A350s until the European planemaker makes good on what the Gulf carrier calls premature surface damage, Airbus has finally had enough of the situation and has revoked the existing order for what stood at 19 aircraft as at the end of June, according to REUTERS news agency. The book value of these aircraft stands at US$7 billion. This contract revocation comes six months after Airbus revoked the contract for 50 of the smaller A321neo jets which Qatar Airways also had on order. That revocation was seen as a retaliatory Read more

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Air Lease Corporation announces lease placements of two new Airbus A321neo aircraft with Qanot Sharq Airlines

Air Lease Corporation (ALC) has announced long-term lease placements for two new Airbus A321neo aircraft with Qanot Sharq Airlines (Uzbekistan), the first privately-owned airline in Uzbekistan. The aircraft are scheduled to deliver to the airline this fall from ALC’s order book with Airbus. “We are very pleased with this placement of two new A321neo aircraft with Qanot Sharq Airlines. Thanks to positive economic reforms intended to encourage private sector growth, the Uzbek economy and middle-class have been expanding and Qanot Sharq is successfully servicing the increased travel needs of this growing economy,” said AJ Abedin, Vice President of Air Lease Corporation. “With Read more

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Etihad Airways scales up cargo operations with Airbus’ new-generation A350F freighter

Etihad Airways has firmed up its order with Airbus for seven new generation A350F freighters ©Etihad Airways

Etihad Airways has firmed up its order with Airbus for seven new-generation A350F freighters, following its earlier commitment announced at the Singapore Airshow. This order for the A350F sees the national carrier of the UAE expanding its relationship with Airbus and adding to its existing order for the largest passenger version of A350-1000, five of which have been delivered. Etihad has also firmed up a long-term agreement for Airbus’ Flight Hour Services (FHS) to support its entire A350 fleet, to maintain aircraft performance and optimise reliability. This marks the first agreement for an Airbus FHS contract for an A350 fleet Read more

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Jackson Square Aviation delivers one Airbus A320-232 aircraft to Super Air Jet

Super Air Jet has taken delivery of one Airbus A320-232 from ©Jackson Square Aviation

Jackson Square Aviation (JSA) has delivered one Airbus A320-232 aircraft to Super Air Jet. This delivery completes the first part of a three-aircraft long-term lease package transaction, whereby each aircraft undergo a transition and modification programme to meet the specifications of Super Air Jet aircraft. Commenting on the delivery, David Jones, JSA Head of Asia Pacific Marketing, said: “We are excited to provide Super Air Jet with comprehensive fleet solutions tailored to its needs and are delighted to welcome the airline as our newest customer,” adding, “We look forward to building a strong partnership in the years ahead.”

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Australia’s new LCC airline Bonza takes delivery of first of seven 737 MAXs on order

Bonza has taken delivery of the first of seven Boeing 737 MAX 8 aircraft ©Boeing

Australia’s new low-cost-carrier (LCC) Bonza has confirmed it has taken delivery of the first of seven Boeing 737 MAX 8 aircraft it has committed to receiving during 2022. The arrival ceremony was held at the Sunshine Coast Airport, 90km north of Brisbane, where the LCC will be based. The new airline, owned by Miami-based investment firm 777 Partners, and founded by its CEO and former Virgin Blue Administrator Tim Jordan, expects to commence operations in late September this year. The domestic carrier will, initially, operate on 27 routes, serving destinations in New South Wales, Queensland and Victoria. Bonza’s operating model Read more

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Horizon Aircraft successfully completes construction of a 50%-scale prototype VTOL aircraft

The Cavorite X5 ©Horizon Aircraft

Horizon Aircraft (Horizon), an innovative leader in hybrid electric vertical take-off and landing (VTOL) aerial vehicles, has successfully completed the construction of its innovative 50%-scale “Cavorite X5” prototype. Horizon’s innovative approach and technology allows the aircraft to fly 98% of its mission in a very low-drag configuration like a traditional aircraft. Flying most of the time as a normal aircraft is also safer and should make the aircraft easier to certify than radical new eVTOL designs. The full-scale aircraft will also be powered by a hybrid electric system that can recharge the battery array in-flight while providing additional system redundancy. Read more

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