Turkish Airlines confirmed that it has exercised options for 10 Boeing 737-800s and five 737-900ERs, valued at more than $1.2 billion based on list prices.
Elbe Flugzeuge Werke in Dresden said it will start converting one Airbus A320 passenger aircraft into a freighter this fall. The company expects to convert approximately 50 A320/321s into freighters by 2016. Air Works India Engineering was appointed by Rockwell Collins as an authorized dealer for its products and services.
BOC Aviation reached an agreement to lease five A330-200Fs on order from Airbus with Hainan Airlines. The aircraft are scheduled to be delivered in 2012 and 2013 and will be operated by Yangtze River Express Airlines, a subsidiary of the HNA Group. HNA Group Chairman Chen Feng said, "The aircraft will meet our capacity demands which have been increasing on the back of the global economic recovery."
IndiGo selected Pratt & Whitney PW1100G engines to power its future fleet of up to 180 A320neo aircraft, "probably Pratt's largest order in the last 50 years," P&W President David Hess remarked to journalists at a state of the business briefing in West Palm Beach, Fla.
IndiGo selected Pratt & Whitney PW1100G engines to power its fleet of 150 A320neo aircraft, plus 30 options, "probably Pratt's largest order in the last 50 years," P&W President David Hess remarked to journalists at a state of the business briefing in West Palm Beach, Fla.
Boeing and GE Capital Aviation Services finalized an order for 10 GE90-115B-powered 777-300ERs valued at approximately $2.8 billion at list prices. The aircraft "will help GECAS meet growing airline demand for long-haul passenger airplanes," said Boeing in a statement. "This order adds to our existing portfolio of 777 aircraft," said GECAS President and CEO Norman Liu. "A key part of our strategy is to expand our long-haul product offerings to satisfy customer demand."
Toronto-based Porter Airlines confirmed options for two Bombardier Q400 NextGen aircraft to be delivered in December 2011 and April 2012. The order is valued at approximately $61 million.
Boeing Commercial Airplanes President and CEO Jim Albaugh asserted that the re-engined Airbus A320neo will have a higher operating cost than a current-model 737NG.
Boeing Commercial Airplanes President and CEO Jim Albaugh asserted that the re-engined Airbus A320neo will have a higher operating cost than a current-model 737NG.
Pratt & Whitney completed assembly of the first PW1217G engine intended to power the Mitsubishi Regional Jet. It is the third PurePower PW1000G series engine to complete assembly, it said. "Completion of this first engine to test for the PW1200G series is another important milestone for the PurePower engine program," said Pratt VP-Next Generation Product Family Bob Saia. "Ground testing of our first engine exceeded our expectations, and I predict that testing for this first PW1217G engine will produce similar results."
Air Berlin announced an agreement with GE Capital Aviation Services for the financing of 12 new aircraft, comprising five Airbus A320s, three A321s and four Boeing 737-800s, all equipped with CFM engines. This sale-and-leaseback transaction, worth $1 billion at list prices, is covering deliveries due in the first three quarters of 2012, according to the carrier.
Embraer said it signed an MOU with ABC Financial Leasing Co., a subsidiary of Agricultural Bank of China, covering up to $1.5 billion in aircraft financing and leasing support for Embraer aircraft sales in China and other markets.
Boeing confirmed that El Al Israel Airlines completed a contract for four 737-900ERs plus options ( ATW Daily News, Feb. 15). The order is valued at approximately $343.2 million at current list prices, said Boeing.
Boeing CFO and Corporate President James Bell said "a number of factors" will go into determining whether the manufacturer launches an all-new aircraft this year to replace the 737NG, and cautioned that no decision has been made with all options—including a re-engining—remaining "open."
Southwest Airlines is "anxious to have some answers this year" regarding a narrowbody replacement, Chairman, President and CEO Gary Kelly said Tuesday at the JP Morgan Aviation, Transportation and Defense Conference in New York, available via webcast.
Bombardier said the first systems for its CSeries aircraft are being developed and tested by suppliers in advance of installation at its "Complete Integrated Aircraft Systems Test Area" in Mirabel, where the company plans to "extensively test" all systems on a "virtual aircraft."
Embraer and Alitalia finalized an agreement for 15 E-175s and five E-190s through a lease structure to be arranged by third parties, the companies announced on Monday.
Taipei-based China Airlines plans to introduce a strategic investor to help fund fleet expansion as air traffic across the Taiwan Strait increases, according to widespread news reports from Hong Kong.
Sargent Aerospace & Defense said its Aftermarket Services group is acquiring more than 1,200 Boeing 737-300 and NG line-replaceable units ranging from avionics, fuel pumps, electromechanical actuators, engine components, to landing gear top assembly units, valued at approximately $4 million. The majority of the LRUs will be "in overhauled condition ready for outright sale, as well as exchange and lease programs." Non-overhauled material will be used for inventory, improving stocking levels for subassemblies and piece part items, the company, a unit of Dover Corp., said.
Rolls-Royce said Wednesday that Asiana Airlines selected the Trent 900 to power the six Airbus A380s the Seoul-based carrier has on order for delivery from 2014-2017 ( ATW Daily News, Jan. 7). The contract includes a TotalCare long-term service agreement.
Air Lease Corp. CEO Steven Udvar-Hazy, whose statements on aircraft programs have long carried significant weight, said Boeing's 737 replacement solution will likely include a larger aircraft offering for which the twin-aisle concept makes sense.
Air Lease Corp. CEO Steven Udvar-Hazy, whose statements on aircraft programs have long carried significant weight, said Boeing's 737 replacement solution will likely include a larger aircraft offering for which the twin-aisle concept makes sense.
