Boeing, as anticipated, formally launched the 737MAX10 this morning, announcing that the aircraft has garnered 240 orders from 10 customers to be announced during the Paris Air Show this week. Today’s order announcements included GECAS, CDB Leasing, Tibet Leasing, TUI…
On March 13th, Bank of China Aviation made an announcement that it had selected IAE V2500 engines for an order for 12 A320s. We decided to look into this engine selection and evaluated this growing lessors A320 family engine selection…
GE Capital Aviation Services (GECAS) signed a firm order for five Bombardier Q400 NextGen plus ten options on December 31. The list price of the firm order is $160m, or $448m with options. “We have seen a growing demand for…
“China Inc” has agreed to buy 80% of mega-lessor International Lease Finance Corp and optioned another 10%, with major implications for global aviation. ILFC parent AIG, which is still largely owned by the US government after the 2008 bailout following…
The battle for aircraft engines in the narrow-body market has increased dramatically with the introduction of the PW1000G geared turbofan, which has emerged as a strong competitor to the CFM International LEAP engine that will replace its existing market share…
Airbus didn’t have any orders when it launched the A320 New Engine Option (NEO) program on December 1. Chief Operating Officer John Leahy predicted “hundreds” of orders soon and a 10-year market of 4,000. We’ve known Leahy for 25 years…