Babcock & Brown Aircraft Management announces eight aircraft leases

Babcock & Brown Aircraft Management has extended leases with two airlines and delivered one aircraft to a third airline. Scandinavian Airlines System (SAS), based in Sweden, extended their leases of five Boeing B737-600s for a term of three years each. The aircraft, MSNs 28292, 28293, 28294, 28298, and 28299, are powered by CFM56-7B20 engines. The leases were extended starting from February 2008. Czech Airlines, based in the Czech Republic, extended their leases of two Boeing B737-400s for a term of five years each. The aircraft, MSNs 25839 and 25349, are powered by CFM56-3C1 engines. The leases were extended in February Read more

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Government of Iraq orders four more CRJ900 NextGen airliners

The Government of Iraq has placed a firm order for four additional CRJ900 NextGen regional jets, and has taken options on another ten. The firm-ordered aircraft are conversions of the four options Iraq took when it ordered six CRJ900 NextGen airliners, announced on March 13, 2008. Based on the list price for the CRJ900 NextGen aircraft, the contract announced today is valued at approximately $159 million. If all ten options are exercised, the value of the contract could rise to $573 million. The CRJ900 NextGen aircraft will be used to rebuild domestic and regional civil airline services in Iraq.

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Copa Airlines takes delivery of 12th Embraer 190 aircraft

Copa Airlines, subsidiary of Copa Holdings S.A. has taken delivery of its twelfth EMBRAER 190 aircraft, bringing its fleet total to 38. The EMBRAER 190 is equipped with modern engineering design features, including high-performance GE engines and “winglets” (wingtip extensions), which reduce drag and fuel consumption. The EMBRAER 190 seats 94 passengers, 10 in Business Class and 84 in coach. In addition to its 12 EMBRAER aircraft, Copa Airlines operates 26 Boeing 737 Next Generation aircraft.

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PAL to acquire three Bombardier Q300 and six Q400 aircraft

Philippine Airlines is acquiring up to nine turbo-propeller aircraft to serve its revived inter-island operations, a major move by the flag carrier aimed at boosting trade, tourism and local economies in rural island communities. PAL’s turbo-prop fleet will consist of three Bombardier Q300 and six Q400 aircraft valued at $150 million based on list prices. Deliveries of all nine turbo-props are expected within the next four to six months. The aircraft will enable PAL to provide better service to passengers commuting between island points across the archipelago. The aircraft are equipped with two Pratt & Whitney turbo-prop engines with maximum Read more

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Aer Lingus orders Airbus A350-900s and more A330-300s

Aer Lingus, Ireland’s national carrier, has become the latest airline to place a firm order for the all-new A350 XWB. In its biggest ever acquisition for long-haul aircraft, the Irish airline has received shareholder approval to purchase six A350-900s, along with six additional A330-300s, confirming its earlier placed contract. This latest contract brings total firm orders for the A350 XWB to 362 from 22 customers. Aer Lingus’ new A350-900s will be deployed on the airline’s growing long haul network to the United States and on other new long-range routes that are being considered for the future. The additional six new Read more

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Finnair sells six Boeing MD-80 aircraft

The Finnair Group’s Finnair Aircraft Finance Oy has sold six Boeing MD-80 aircraft and three spare engines it owns to Allegiant Travel Company’s low-cost carrier Allegiant Air, headquartered in Las Vegas, Nevada U.S.A. The aircraft are currently flying in the colours of the Swedish airline FlyNordic. In July last year, Finnair sold FlyNordic to the low-cost carrier Norwegian Air Shuttle. The MD-80 aircraft were sold to Allegiant Air complete with lease agreements, and the aircraft will continue to be operated by FlyNordic until the end of their leasing periods in 2008 and 2009, when they will transfer to the use Read more

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First Boeing 777 Freighter enters final assembly

Mechanics at the Boeing Company began final assembly work on the first 777 Freighter at the company’s Everett, Wash., facility this week. The new cargo airplane will roll out of the factory later this month, and work will begin to prepare the airplane for flight test this summer.

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