Guggenheim Aviation Partners (GAP), an affiliate of Guggenheim Partners, announced the lease of two Airbus A330-200 aircraft to Monarch Airlines, one of the United Kingdom’s largest privately-owned airlines. The leases were concluded last quarter. Monarch Airlines operates a fleet of 32 aircrafts from bases in the UK throughout Europe, North America, Asia and Africa.
Halifax, Nova Scotia-based Chorus Aviation, the parent company of Jazz Aviation, has placed a firm order for six Q400 NextGen airliners. The transaction involves the conversion to firm orders of six of the 15 options taken by Jazz with its original order for 15 Q400 NextGen airliners, announced on April 30, 2010. Jazz will operate
UTair, one of Russia’s leading carriers, has signed a firm contract with Airbus for 20 A321 aircraft. This is the largest order for the type received from a carrier in the region and the first time that UTair has ordered Airbus aircraft. UTair’s A321s will feature a spacious single-class cabin layout seating 220 passengers. The
Synergy Aerospace signed a firm order for nine Airbus A330 Family aircraft, including six A330-200 passenger and three A330-200 Freighter aircraft. Synergy Aerospace selected Rolls Royce to provide Trent 700 engines and TotalCare long-term engine service support for the new aircraft.
Avolon, the international leasing company headquartered in Ireland, announced a Memorandum of Understanding (MoU) for 15 A320neo aircraft at the 2012 Farnborough International Airshow. Avolon becomes a new customer for the A320neo, underlining the strong success of this latest generation aircraft with leasing companies. Avolon will make its engine selection later. This commitment follows a
Boeing reported an order from United Continental Holdings and its wholly owned subsidiary, United Air Lines, for 100 advanced LEAP-1B-powered Boeing 737MAX airplanes and an additional 50 CFM56-7B-powered Boeing Next Generation 737-900ERs. United is the latest carrier to choose the newest member of the 737 family, which now eclipsed 10,000 orders overall. United is the
Pratt & Whitney and IndiGo signed a definitive agreement for PurePower PW1100G-JM engines for 150 Airbus A320neo family aircraft. The agreement includes 300 firm PurePower PW1100G-JM engines with additional options and a long-term PureSolution maintenance agreement.
This year’s Farnborough International Airshow turned out to be very successful for MTU Aero Engines, Germany’s leading engine manufacturer. MTU reported orders worth around €1.3bn. “This marks an all-time high in MTU’s history. In terms of value, it’s the biggest order volume we’ve ever secured at a trade show,” says MTU CEO Egon Behle. “Notably
Apollo Aviation Group is the latest leasing company to sign a letter agreement with CFM International, qualifying a mix of 21 CFM56 engines for the company’s TRUEngine program. The TRUEngine designation serves as a method for identifying engines with CFM-approved content and facilitates product support of the engine system. Moreover, industry stakeholders can use the
Bombardier reported that it is on track with its three new Learjet business aircraft as it shared further details of its ongoing development programs.The Learjet 85 aircraft program continues to progress towards first flight with four test aircraft in various stages of fabrication. The first complete pressure fuselage, including the nose and aft fuselage, is
