Aviation lessor AerCap confirmed on 10 March in a filing to the US Securities and Exchange Committee (SEC) its proposed acquisition of GE’s aircraft leasing division GECAS (GE Capital Aviation Services). The deal, valued at US$30 billion, is still subject to shareholder and regulatory approvals, and other customary closing conditions, but is expected to be closed by the last quarter of 2021. Under the terms of the agreement, GE will get approximately $24 billion in cash, 111.5 million … [Read more...] about AerCap, GECAS merger forms world’s biggest jet lessor
AerCap
Vietnam Air’s first A350 XWB takes to the sky
The first A350 XWB for Vietnam Airlines has completed its first flight in Toulouse on Monday bearing the airline’s blue and gold lotus livery. The aircraft will now enter the final phase of production, including cabin completion, as well as further ground and flight tests. The aircraft, which will be leased from AerCap, is scheduled for delivery in the middle of the year. Vietnam Airlines will become the first Asian airline to fly the A350 XWB and the second operator in the world. Vietnam … [Read more...] about Vietnam Air’s first A350 XWB takes to the sky
Vietnam Air’s first A350 XWB takes to the sky
The first A350 XWB for Vietnam Airlines has completed its first flight in Toulouse on Monday bearing the airline’s blue and gold lotus livery. The aircraft will now enter the final phase of production, including cabin completion, as well as further ground and flight tests. The aircraft, which will be leased from AerCap, is scheduled for delivery in the middle of the year. Vietnam Airlines will become the first Asian airline to fly the A350 XWB and the second operator in the world. Vietnam … [Read more...] about Vietnam Air’s first A350 XWB takes to the sky
Vietnam Airlines reveals livery of its first A350 XWB
The first A350 XWB for Vietnam Airlines has been rolled out of the Airbus paint shop in Toulouse on Friday 6th March, featuring the airline’s updated blue and gold lotus livery. The aircraft, which will be leased from AerCap, is now entering the advanced stage of production. This will include installation of the engines, completion of cabin furnishing, and cockpit fitting, followed by ground and flight tests. The aircraft is scheduled for delivery in the middle of the year. Vietnam … [Read more...] about Vietnam Airlines reveals livery of its first A350 XWB
LATAM receives first 787-9 Dreamliner
Boeing and LATAM Airlines Group celebrated the delivery of the airline’s first 787-9 Dreamliner. LATAM Airlines Group is leasing the new airplane from Amsterdam-based lessor AerCap. LATAM Airlines Group will become Latin America’s first operator of both the 787-8 and 787-9 variants of the Dreamliner family when the airline group launches 787-9 services on South American routes in April. With this delivery, LATAM Airlines Group will have 11 787s in its fleet, the most in Latin … [Read more...] about LATAM receives first 787-9 Dreamliner
Virgin boosts cargo capacity with new aircraft
“The new aircraft, which will operate on many of Virgin Atlantic’s existing business routes worldwide, will fly to new destinations from London such as Beijing, Cancun and Vancouver. The more fuel-efficient A330-300s, which deliver lower maintenance costs, will provide substantial cargo capacity with each aircraft having 16 to 20 tonnes of cargocapacity. “The new Airbus A330-300 aircraft will integrate with Virgin Atlantic’s existing fleet of 38 aircraft and … [Read more...] about Virgin boosts cargo capacity with new aircraft