New Year’s Day order

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 turboprop aircraft worldwide and the...

China Inc to buy up to 90% of ILFC

“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...

Pricing a Key to Initial LEAP-GTF Narrow-Body Battles

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 leader,...