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euroAtlantic Airways to Strengthen Fleet with Two B777s

euroAtlantic Airways, a leading Portuguese charter and ACMI operator, has announced plans to acquire two Boeing 777 aircraft. This strategic expansion aims to strengthen the airline’s fleet and enhance its operational capabilities, enabling it to meet the growing demands of the global market.

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Dan Air to Wet Lease A320 to Tarom for Bucharest-Madrid Route

Dan Air, a Romanian carrier, has entered into a wet lease agreement with Tarom, Romania’s national airline, to support operations on the Bucharest-Madrid route. The agreement will see Dan Air providing an Airbus A320, complete with crew, maintenance, and insurance, for flights scheduled between November 22, 2024, and January 13, 2025.

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CALC to Sell Six Aircraft to WWTAI Airopco by March 2025

China Aircraft Leasing Group Holdings Limited (CALC), a prominent lessor based in Hong Kong, has entered into sale and purchase agreements with WWTAI Airopco 1 Bermuda for the divestment of six aircraft. The transaction, facilitated through six of CALC’s Special Purpose Vehicles (SPVs), is expected to be finalized by March 2025.

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BOC Financial Leasing Acquires Two A320neos via Tianjin SPV

BOC Financial Leasing Co., a leading aircraft lessor in China, has successfully acquired two Airbus A320neo aircraft through a Special Purpose Vehicle (SPV) established in Tianjin. This strategic acquisition, valued at over $120 million, involved the purchase of the aircraft from an Irish SPV owned by a European lessor.

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FAA Addresses LEAP-1B Engine Issue with Industry Collaboration

The Federal Aviation Administration (FAA) is actively addressing concerns related to the LEAP-1B engine, used on the Boeing 737 MAX aircraft, through its standard continued operational safety process. The initiative involves close collaboration with key stakeholders, including Boeing, engine manufacturer CFM International, and the European Union Aviation Safety Agency (EASA).

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SR Technics Partners with Air India for CFM56 Engine Maintenance

SR Technics (Switzerland) has announced its selection by Air India as the preferred partner for long-term maintenance support of the airline’s CFM56-5B/-7B engine fleet. This partnership highlights SR Technics’ expertise in engine maintenance and its commitment to delivering reliable solutions to global airlines.