Engineering and leasing news

Irish leasing specialist Avolon has announced it has committed to a further 40 Boeing 737 Max aircraft with a value of over $4 bn at list price. Avolon has been a max customer since 2017 and the new commitment will bring the total number of aircraft on Avolon’s books to [read more]

Hungarian airline group Wizz Air has invested £5m into a UK based bio-fuels company Firefly Green Fuels. The equity investment into research and development of Sustainable Aviation Fuels (SAF) will give Wizz Air access to 525,000 tonnes of SAF over the next 15 years saving 1.5m tonnes of carbon emissions. [read more]

The first quarter of 2023 has shown to be a robust one of aircraft manufacturers with 257 aircraft already delivered from the likes of Airbus, Boeing, Embraer and ATR. Data from the ADS Group, the UK trade organisation representing Aerospace and Defence, show that the 2023 target is on track [read more]

Former Formula 1 Technical Director Mike Gascoyne has unveiled a Cargo eVTOL drone which has been developed as part of his companies Cargo Development Program. Mike Gascoyne previously served as Technical Director for teams including McLaren, Sauber, Renault and Toyota before setting Lotus F1 through his company MGI. The prototype [read more]

Dublin headquartered aircraft leasing specialist Avolon has delivered 15 A320neo aircraft to Indian carrier Vistara. The airline, which is a joint venture between TATA Sons and Singapore Airlines, operates from Delhi and flies to destinations including London Heathrow and Paris. Paul Geaney, President and Chief Commercial Officer, Avolon commented: “We [read more]

US airframer Boeing has outlined its deliveries for the first quarter of 2023 with 130 airliners delivered. Most deliveries this year have been single-aisle Boeing 737 family aircraft with 113 units. The Boeing 787 Dreamliner was the 2nd most popular with 11 units delivered. Included in the deliveries was the [read more]

Baku based Azerbaijan Airlines has placed an order with Airbus for 12 A320neo aircraft including my the A320neo and A321neo. The airline currently operates a 15 strong fleet of Airbus aircraft including 2 x A340s, 4 x A319ceo, 6 x A320ceo and 2 x A320neo. The plan is to further [read more]

British holiday airline Jet2.com has taken delivery of its first Airbus A321neo airliner as it starts to expand and renew its fleet. Registered as G-SUNB, the Airbus A321neo arrived into the UK this morning ahead of its entry into service with the Leeds Bradford-based airline from Manchester. The delivery is [read more]