AviTrader sponsorship ad

Top Stories

Virgin America launches LEAP engine with $1.4 billion order

Virgin America launched CFM International’s advanced LEAP engine with an order to power 30 new Airbus A320neo aircraft.  The airline also announced that CFM’s CFM56-5B will power 30 current technology A320s.  The 60 airplanes were announced in January of this year and the engine orders have a combined value of approximately $1.4 billion U.S. at list

Read More »

Avinco places and sources 12 aircraft so far this year

Avinco, the specialist remarketing and leasing advisor based in Monaco and Dublin, has successfully placed five 737s and three A340s so far in 2011 as well as sourcing four A320 family aircraft on behalf of a new Chinese lessor. The 737s included two new surplus 800s sold on behalf of Air Europa, one early production 800 leased to Jet2.com

Read More »

Piedmont Aviation Component Services signs APU maintenance agreement with Alliance

Piedmont Aviation Component Services (“Piedmont”), has signed an APU (Auxiliary Power Unit) maintenance Agreement with Alliance Airlines covering Alliance Fokker 100 fleet GTCP36-150 model APU. The value of the contract is estimated around  $1.5 million -$2 million over a five year term. Piedmont has been an authorized repair center for APUs for more than 15 years, among which are

Read More »

HAESL officially opens its $50 million Component Repair Centre

Hong Kong Aero Engine Services Limited (HAESL) celebrated the official opening of its Component Repair Centre of Excellence – Phase V – a 13,500 square metre expansion to its existing engine repair and overhaul facility. HAESL has invested $ 50 million in the new Phase V expansion to meet the rapid growth in worldwide demand for

Read More »

Lufthansa Technik to provide technical support for SunExpress

The newly founded SunExpress Deutschland GmbH has engaged Lufthansa Technik to provide all-round technical support for its entire fleet of six Boeing 737-800 aircraft. SunExpress Deutschland commenced operations on 8 June with three aircraft. Three further airplanes are due to be delivered in the winter. The Total Technical Support (TTS) contract extends from line maintenance

Read More »

FL Technics signs agreement with Russian carrier Donavia for full Engine Maintenance support

FL Technics, integrated aircraft Maintenance and Repair Organisation, signed an exclusive full-scope engine service provision agreement with the Russian carrier Donavia. The agreement, worth $11 million over the period of 12 months, covers full management of six CFM56-3 engines, including maintenance facility selection, shop supervision during engine maintenance, handling of spare parts supply, engine lease and

Read More »

Air Lease Corporation signs lease agreements for 25 additional aircraft

Air Lease Corporation (ALC) has signed lease agreements for 25 additional aircraft. TRIP Linhas Aereas (Brazil) and ALC have entered into long term lease agreements for six new ATR 72-600s and six new Embraer 190LRs, delivering between July 2011 and October 2012. Bulgaria Air is leasing four new Embraer 190s from ALC, deliveries are set for March, April, June,

Read More »

TAAG Angola Airlines purchases one Boeing 777-300ER aircraft

The national flag carrier of Angola, TAAG Angola Airlines (Linhas Aereas de Angola) is purchasing one Boeing 777-300ER aircraft with GE90 engines assisted by an approximately $256 million long-term loan guarantee from the Export-Import Bank of the United States (Ex-Im Bank). The aircraft will be used to expand TAAG’s intercontinental service provided through its all-Boeing

Read More »

Qatar Airways acquires 35% stake in Cargolux

Qatar Airways has entered into a strategic equity and commercial partnership with Cargolux to acquire a 35% stake in one of Europe’s leading cargo airline. The agreement was signed in Luxembourg by Qatar Airways Chief Executive Officer Akbar Al Baker and Cargolux President and CEO Frank Reimen. The accord will give Qatar Airways a greater foothold in

Read More »

AerCap announces amendment to revolving debt facility

AerCap Holdings N.V. has completed an amendment to its revolving debt facility.  The $775 million non-recourse facility, arranged by UBS Securities LLC, was originally put in place during April 2006 and has now been amended to allow for an additional two year revolving period with a three year term-out period, extending the transaction to June 2016.

Read More »
AviTrader sponsorship ad
Scroll to Top
AviTrader

FREE
VIEW