Reports this weekend indicate that GE may merge its aircraft leasing unit with AerCap, as GE continues its corporate restructuring. That would create an extremely large and powerful aircraft lessor, but GE’s aircraft engine operations might lose the benefit of…
Aircraft lessor Avolon has confirmed it has canceled more orders for the Boeing MAX. In its Q2-update, the Dublin-based lessor says it has removed commitments for 27 MAX in its 2020-2022 timeframe. These are additional to the 75 aircraft canceled…
Lessor AerCap has agreed with OEMs to defer deliveries of over 100 aircraft to 2023 and beyond, it announced on May 26. “We have taken these steps to better align our delivery schedule with the needs of our airline customers…
Airbus has made the inevitable decision to cut production rates of all types as from this month, it announced on April 8. The unprecedented impact of Covid-19 on air travel has airlines running to seek delivery deferrals and in some cases…
An important milestone for Embraer: its biggest airliner ever has received triple certification. The US FAA, Europe’s EASA and Brazil’s CAA awarded the E192-E2 the type certificate during a special ceremony at the OEM’s headquarters in Sao Jose dos Campos…
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