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AviaAM Leasing sold two Airbus A321 to new lessor

AviaAM Leasing, global aviation holding company engaged in commercial aircraft acquisition, leasing, and sales, has announced the sale of two Airbus A321-211 aircraft with lease attached. Both aircraft are being operated by Montreal based Canadian low-cost leisure airline Air Transat. The aircraft w...

Africa – The Continent of New Opportunity for Emerging Airlines

The African commercial air travel market represents massive amounts of untouched opportunity for new airlines. According to the data from IATA, Africa is home to 16% of the world’s population but it accounts for only 2.20% of the global air service market. With a clear need for air travel and...


Boeing HorizonX Ventures Invests in High-Speed Metal 3D Printing Company Digital Alloys

Patented multi-metal additive manufacturing system enables rapid, low-cost production of aerospace-quality 3D-printed parts Boeing announced its investment in Digital Alloys, Inc., a Burlington, Mass.-based company developing high-speed, multi-metal additive manufacturing systems that produce 3D-printed parts for aerospace and other production applications.  Digital Alloys'...

Embraer earnings results 2nd quarter 2018

In 2Q18, Embraer delivered 28 commercial and 20 executive (15 light and 5 large) jets, compared to the 35 commercial and 24 executive (16 light and 8 large) jets in 2Q17; . The Company‟s firm order backlog was US$ 17.4 billion at the end of 2Q18, including contracts of the Services & Support segment; . Reported EBIT and EBITDA1 in 2Q18 were US$ (17.7) million and US$ 44.1 million,...

Lithuanian Joint Venture Sees Unprecedented Growth in China

The largest Lithuanian investor in the People‘s Republic of China – AviaAM Leasing – has added a 14th brand new aircraft to the portfolio of its Joint Venture, AviaAM Financial Leasing China. The aircraft brings the value of the Joint Venture’s portfolio to USD 835 million. AviaAM Financial Leasing China was established, in August 2016, as a joint venture between the Hen...

Aircraft to Support the Carrier’s Fleet Expansion and Domestic Growth

CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the agreement with a Russian carrier, Nordwind Airlines (“Nordwind”), for a long-term lease of three Boeing 737-800 aircraft from the lessor’s order book with Boeing. The first 737-800 was d...

airBaltic Shows Record Revenue in H1 2018

The Latvian airline airBaltic has concluded the first half year of 2018 with a total revenue of 180.8 million euros, which is a 19% increase over the same period last year. At the same time airBaltic has carried 1.9 million passengers, an increase of 20%, and performed 13% more flights during the six months of 2018. Martin Gauss, Chief Executive Officer of airBaltic: “For the last few yea...

Piper's Growth Accelerates Q2 2018 Deliveries 65% Higher than Q2 2017

Piper Aircraft, Inc. announced its results for the second quarter of 2018, ending June 30. The company posted Q2 2018 aircraft revenue of $62.3M on 53 deliveries versus $52.1M revenue on 32 aircraft deliveries in 2017.  Piper's growth in both aircraft deliveries and revenue was aided across all segments during the period with M-Class deliveries growing 11% and Trainer class delive...

Boeing, Jackson Square Aviation Announce Order for 30 737 MAXs

Aircraft lessor reaches major milestone, placing its first direct order from a jet maker Jackson Square Aviation becomes 100th customer of 737 MAX program with order valued at $3.5 billion Boeing and Jackson Square Aviation (JSA) announced the leasing company has ordered 30 737 MAX airplanes in its first direct purchase from a jet maker, reflecting the evolution of the airplane lessor's...

Aircraft Marks Last Delivery of a Fleet of Six Neos to the Flag Carrier

CDB Aviation Lease Finance DAC (“CDB Aviation”), a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the last delivery of a fleet of six Airbus A320-200neo aircraft to Scandinavia’s largest airline, SAS, as part of a sale and leaseback transaction commenced in March 2017. “We are delighted to con...

Airbus’ majority stake in C Series partnership with Bombardier and Investissement Québec comes into effect

The closing of the previously announced C Series transaction between Airbus SAS, a wholly-owned subsidiary of Airbus SE (EPA: AIR), Bombardier Inc. (TSX: BBD.B) and Investissement Québec came into effect on July 1, 2018. Airbus now owns a 50.01% majority stake in C Series Aircraft Limited Partnership, while Bombardier and Investissement Québec own approximately 34% and 16% respective...

Boeing HorizonX Ventures Invests in On-Demand Urban Aerial Delivery Startup Matternet

Boeing announced its investment in Matternet, a Menlo Park, Calif.-based startup pioneering safe, on-demand unmanned aerial vehicle (UAV) delivery operations in urban environments. Matternet's advanced logistics platform – combined with Boeing's expertise in complex logistics, integration and manufacturing capabilities – will further enable reliable, efficient ca...

New 'Honeywell Connected Aircraft Report' Reveals Airline Industry On The Cusp Of Major Investment Wave

The commercial aviation industry is at the beginning of a technology investment wave fueled by advancements in high-speed, in-flight Wi-Fi connectivity. In the new Honeywell Connected Aircraft Report (NYSE: HON), aviation professionals around the globe in the commercial aircraft sector reveal that spending on connected technologies will increase dramatically in the coming years, dri...

Connected aircraft to save aviation industry $15 billion per year and 21.3 million tonnes of CO2 emissions by 2035

London School of Economics predicts move towards connected aircraft will transform aviation airline operations and safety into a strategic asset  Connected aircraft could lead to 2.5% reduction in fuel burn per flight, equating to 21.3 million tonnes of CO2 annually Connectivity has the power to save airlines $11 billion each year by reducing the impact and likelihood of dela...

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FACC unlocks new growth opportunities through strategic funding

Rising production rates and the launch of new aircraft programs are driving increased demand for manufacturing capacity across the aerospace industry. To support this growth, FACC plans to i...