Engineering and leasing news

Airline leasing specialist Avolon has announced a positive 3rd quarter of 2023 with a series of new leases and fleet additions. The Dublin, Ireland based lessor says it has completed 43 lease transactions which include new aircraft, lease extensions and follow-ons. This includes 7 brand new aircraft to 7 different [read more]

Russian airline Ural Airlines has comfirmed that, subject to engineering assessments, it plans to fly their stranded Airbus A320 from the field in which it becme stranded in following and emergency. The Airbus A320 (RA73805) landed in the field following an hydraulic fsilure on a flight from Sochi to Omsk [read more]

Cathay Group has firmed up an order for 32 additional Airbus A320neo aircraft to be split between its airlines including Cathay Pacific and HK Express. The additional aircraft are made up of A320neo and A321neo variants and brings the total on order to 64. The aircraft will be used to [read more]

European aerospace giant Airbus has nominated Christian Scherer as Chief Executive Officer (CEO) of all commercial aircraft business. The nove is part of a leadership evolution in the Executive Committee at Airbus and establishes a dedicated head at the helm of the Commercial Aircraft business. “Since 2019, the leadership roles [read more]

Aircraft manufacturing has returned to the UK for the first time in decades as Britten-Norman opens its new production line for BN Islander aircraft at Bembridge, Isle of Wight. The Islander has been produced in various variants for 50 years but production was moved to Eastern Europe in the 1960s, [read more]

French regional turboprop specialist ATR has been awarded an order for two new ATR42-600 aircraft by Maldavian Airlines. The national airline of the Maldives will use the new more efficient aircraft to replace older generation aircraft and will join its existing two ATR72-600 and one ATR42-600 aircraft already in its [read more]

Airbus Defence and Space has handed over the first Airbus C295 military transport aircraft to the Indian Air Force (IAF) this week at Airbus; site in Seville, Spain. The first IAF C295 was equipped in a transport configuration and with an indigenous electronic warfare suite and is the first of [read more]

Asian carrier Vietnam Airlines has signed a deal with Boeing to purchase 50 Boeing 737 Max jets as it seeks to grow its fleet. The carrier has selected the versatile 737 Max 8 variant which offers a significant increase in fuel effeciency compared to the older -800 models. The order [read more]