FLY Leasing closes acquisition of 49 aircraft

FLY Leasing completed the acquisition of a $1.4 billion portfolio of 49 aircraft. These 49 aircraft increase FLY’s fleet to a total of 109 aircraft on lease to 53 airlines in 29 countries. The purchase price was fully funded from FLY’s existing unrestricted cash and the assumption of existing non-recourse debt. The portfolio consists of 23 Airbus A320 family aircraft, 3 Airbus A340, 6 Boeing 717 and 17 Boeing 737 aircraft.

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CIRCOR Aerospace to supply actuation packages for Messier-Bugatti-Dowty

The CIRCOR Aerospace Products Group has been selected by Messier-Bugatti-Dowty (Safran Group) to manufacture a complete suite of 20 actuators for multiple business and regional aircraft platforms. CIRCOR Aerospace will perform the manufacturing, final assembly and testing of these actuators at its Corona, California facilities.  CIRCOR Aerospace was previously awarded several design and development and legacy program contracts for landing gear actuators by Messier-Bugatti-Dowty.

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Air Lease Corporation reports additional acquisitions and lease placements

Air Lease Corporation reported continuing lease placements and acquisitions of 12 additional aircraft.  ALC has concluded the following lease placements from its order book: – one new Airbus A330-300 leased to Asiana Airlines (Korea). – two new Boeing 737-800s (MSNs 41299 and 41300) leased to Korean Airlines – two new Embraer 190 LRs leased to Aeromexico. – One Boeing 737-800 (MSN 37772) leased to Air Berlin  ALC has additionally acquired the following aircraft:  – two Airbus A320-200s (MSNs 4681 and 3203) leased to Vueling (Spain) – one Airbus A330-200 (MSN 1016) leased to Avianca (Colombia) – one Airbus A330-200 (MSN 456) Read more

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Airbus signs new deal with Messier-Bugatti-Dowty

Messier-Bugatti-Dowty was chosen once again by Airbus to supply the nose and main landing gear for the A320 family, including the A320neo family. The European aircraft manufacturer currently accounts for 60% of Messier-Bugatti-Dowty’s landing gear activity as it supplies landing gear to the entire Airbus single aisle program as well as A330, A340 and A380 nose landing gears and A350-800/900 main landing gears.

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EMBRAER delivers 28 commercial and 18 executive jets in 3Q11

Embraer closed the third quarter of 2011 (3Q11) having delivered 28 commercial and 18 executive jets. The firm order backlog totaled 16 billion. In the months of July, August and September, Embraer closed the sales of 17 E-Jets: two EMBRAER 190s to GECAS and another ten to Kenya Airways, as announced in June during the Paris Air Show, as well as five EMBRAER 195s to Lufthansa, in Germany. China Southern Airlines became the newest E-Jets operator and also received the commemorative 800th delivery, belonging to China’s CDB Leasing which ordered a total of  20 jets. In early October, Embraer announced the sale of six Read more

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Virgin Australia inaugurates ATR 72-500 services

Virgin Australia launched commercial services with the first of its new ATR 72-500 turboprop airliners. The inaugural flight of Virgin Australia’s first turboprop – and Australia’s first ATR 72 – was also the airline’s first flight from Brisbane to the regional industrial city of Gladstone. Perth-based Skywest will operate the new ATR services on behalf of Virgin Australia, with a fleet of eight 68-seat ATR 72 aircraft. The airline has orders for four of the series 500 model – three of which have now been delivered – and four of the next-generation series 600 model. Skywest also has options to acquire another five ATR Read more

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Brussels Airlines selects Lufthansa Technik Malta for Airbus A330 base maintenance

Brussels Airlines and Lufthansa Technik Malta have signed a base maintenance contract for the Airbus A330 fleet of the carrier. Lufthansa Technik Malta will provide C-Checks for the five A330s of Brussels Airlines starting from now on. Additionally Lufthansa Technik Malta has been selected to do a full cabin retrofit of the aircraft starting in February 2012.

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Doric’s aircraft portfolio grows to 25 aircraft valued at $3.8 billion

Doric Asset Finance reportec the addition of a 10th Airbus A380 aircraft to its aircraft portfolio under management. Doric Nimrod Air Two Limited (“DNA2”) took delivery of MSN 077 at the Airbus delivery centre in Hamburg. The aircraft is leased to Emirates for a period of 12 years. The Airbus A380 was purchased for US$ 234 million, of which about US$ 151 million was financed through a 12-year fully amortising senior loan. DNA2 was listed on 14th July 2011 on both the London Stock Exchange (“LSE”) and the Channel Island Stock Exchange (“CISX”). The company’s sole objective is to own and Read more

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Airbus delivers China Southern Airlines’ first A380

Airbus has delivered the first A380 to China Southern Airlines. During a celebration ceremony at the Airbus Delivery Centre in Toulouse, France, the first out of five aircraft ordered was handed over from Airbus President and CEO, Tom Enders to China Southern Airlines Chairman, Si Xianmin. China Southern Airlines becomes the first operator of the A380 in China and the 7th globally. Powered by Rolls-Royce Trent 900 engines, the aircraft will be initially operated on domestic routes between the major Chinese cities of Beijing, Shanghai and Guangzhou. Later on, the airline will deploy the A380 on international routes.

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Pratt & Whitney Canada's PW306D turbofan to power Cessna's new Citation Latitude

Pratt & Whitney Canada’s PW306D engine has been selected by Cessna Aircraft Company to power its new Citation Latitude mid-size business jet. The announcement was made at the National Business Aviation Association (NBAA) annual meeting and convention in Las Vegas, Nevada. First flight of the Citation Latitude prototype is planned to be mid-year 2014, with FAA certification (Part 25) and entry into service expected in 2015.

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