GE Capital Aviation Services will lease two new Airbus A330-300 aircraft to China Airlines to further expand their fleet. The aircraft come from GECAS’ existing order book with Airbus. Delivery of the first aircraft is scheduled for the fourth quarter of 2013.
Doric Asset Finance took delivery of its 11th A380. The aircraft with the manufacturer’s serial number (MSN) 083 was acquired by the German closed-end fund SKY CLOUD III. The Airbus A380 is on lease to Dubai-based carrier Emirates for a period of 12 years. The purchase price of the aircraft was $234m. The long-term loan of up to
Aviation Partners (API) confirmed that Transport Canada granted Canadian Supplemental Type Certificate (STC) approval for its High Mach Blended Winglets on the Falcon 900 Series. FAA STC was received in September and EASA approval is expected imminently.
AMR Corporation, the parent company of American Airlines and American Eagle, filed voluntary petitions for Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of New York. AMR’s Board of Directors determined that a Chapter 11 reorganization is in the best interest of the Company and its stakeholders. The chapter 11 process enables American Airlines
Porter Airlines accepted two new Bombardier Q400 NextGen aircraft, bringing the company’s fleet to 26. Porter, one of the largest operators of Q400 aircraft, placed the $61m order for the two aircraft in March 2011. Porter has four outstanding options for Q400 NextGen aircraft, which it anticipates exercising within two years.
With the first flight of Emirates’ Airbus A380 from Dubai to Munich, airberlin technik expands its range of capability to include the double-deck aircraft. In future, the EASA Part 145 certified maintenance company will perform the transit check every day, while the aircraft is on the ground at the Bavarian capital city. At the Munich location, airberlin
Eurocopter delivered the first of six EC145s ordered to date by the Kazakh Ministries of Defense and Emergencies. A total of 45 of the helicopters are to be purchased, and will be assembled by the new joint venture Eurocopter Kazakhstan Engineering, in which Eurocopter and Kazakhstan Engineering have a 50/50 share.
The first international Lockheed Martin F-35 Lightning II rolled out of the factory November 20th. The United Kingdom Ministry of Defence will use the short takeoff/vertical landing (STOVL) jet, known as BK-1, for training and operational tests. BK-1 will undergo functional fuel system checks before being transported to the flight line for ground and flight tests in
Luis Gallego, chief operating officer at Vueling, has been appointed Chief Executive Officer of Iberia’s new subsidiary airline, Iberia Express, which will start operations at the end of March 2012. Gallego became Chief Operating Officer of Vueling in 2009, when the airline merged with clickair. At Vueling, Gallego was responsible for flight operations, training, quality and
Jackson Square Aviation (“JSA”) has closed a $265m secured credit facility, which provides the company with committed long-term debt capacity. This facility provides JSA with a vital financing source to acquire modern, fuel-efficient aircraft for lease to its airline customers. JSA will finance eight aircraft currently owned or in its committed pipeline, for delivery through 2012. The facility is
