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Aircraft & Engines

CIT reports 100th aircraft financing milestone with NetJets

CIT Aerospace, a unit of CIT, has reached a milestone of financing 100 total aircraft, mostly in increments of 1/16th and 1/8th shares, through its fractional lease and finance program with long-time commercial partner NetJets. NetJets is the pioneer and worldwide leader in fractional aircraft ownership. With this milestone, CIT is approaching $1.5 billion in

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TACA takes delivery of first EMBRAER 190

Embraer delivered the first EMBRAER 190 to TACA Airlines, from El Salvador. The deal was announced last October, and the aircraft will be used on several routes in the Caribbean and Central America. TACA has a total of 11 firm orders for the EMBRAER 190, with options to purchase another 15.

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Grupo Marsans takes delivery of first Airbus A330-200

Grupo Marsans, Spain’s largest tourism and transport group, has taken delivery of its first directly purchased Airbus A330-200 aircraft for its subsidiary Air Comet. The delivery is the first aircraft from an agreement for a total of 17 A330-200 ordered in December 2006. The aircraft, powered by Pratt & Whitney PW4000 engines, has 283 seats

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MASwings and Firefly take delivery of new ATR 72-500s

Malaysia Airlines’ subsidiaries MASwings and Firefly took delivery of the first ATR 72-500s of MASwings and the second ATR 72-500 of Firefly. Firefly took delivery earlier in August of its first ATR aircraft, which made its inaugural flight on August 19th. The MASwings and Firefly aircraft are the first ATRs to operate in Malaysia.

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Varig takes delivery of two 737-800s

Brazil’s Varig Airlines took delivery of two new Boeing 737-800 aicraft. The 737-800s are equipped with Blended Winglets and Boeing’s special short-field performance package designed for short runways such as Santos Dumont in Rio de Janeiro. A third Varig 737-800 is now undergoing pre-delivery flight tests.

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EgyptAir and Boeing announce 777 fleet enhancement

EgyptAir announced an order for two 777-300ER (Extended Range) jetliners as part of the airline’s twin-aisle fleet upgrade for its long-haul service. The order, which is worth $529 million at current list prices, previously was attributed to an unidentified customer on Boeing’s Orders & Deliveries Web site. On July 11, EgyptAir celebrated its induction as

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Alaska Airlines completes transition to all-Boeing fleet

Alaska Airlines completed its transition to an all-Boeing 737 aircraft fleet with the retirement of its last MD-80 series airplane, part of a two-year plan to increase the airline’s operational efficiency and improve fuel conservation. The airline has firm commitments for an additional eight Boeing 737-800s through 2008, which will bring its fleet to 116

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