De Havilland Aircraft of Canada has announced the sale of a DHC8-400 turboprop aircraft to Barrick Gold, a leading international mining company. The aircraft will be utilized to support the company’s operational activities in Pakistan, providing essential regional connectivity and logistics in remote locations tied to its mining ventures.
De Havilland Aircraft of Canada has announced the sale of a refurbished DHC8-400 turboprop aircraft to an undisclosed regional operator based in South America. The deal, unveiled at the airshow, highlights the continuing relevance of pre-owned turboprop aircraft in underserved and developing aviation markets, where cost-effective, high-performance aircraft are in demand.
Avation, the Singapore-based leasing company, has announced the delivery and sale of a new ATR72-600 to an undisclosed airline in the Caribbean. The transaction resulted in approximately $5 million in net cash proceeds, marking a successful and profitable disposal for the lessor.
Nordica (Estonia) has announced an extension to the finalization deadline of a previously signed aircraft sales agreement, pushing the end date to late June 2025. This extension underscores the complexities of aircraft transactions, where thorough technical evaluations and administrative hurdles can often lead to delays.
ETF Airways (Croatia) has emerged as the sole bidder in the competitive tender process launched by the bankruptcy administrator of Montenegro Airlines for the sale of a range of Fokker and Embraer spare parts. This development highlights ETF Airways’ proactive approach in acquiring key assets that could strengthen its maintenance and operational capabilities.
Oman Air Cargo is undergoing a strategic fleet restructuring, moving from an insourced freighter model to an outsourced one. Under this plan, the airline is slimming its fleet to a single widebody type and has already sold a Boeing 737‑800F, serial 35108.
AerDragon (China) has completed the sale of one on-lease A320 aircraft to Crestone Air Partners (US). This transaction strengthens the US-based lessor’s aircraft portfolio, furthering its growth strategy in the global aircraft leasing market.
Airbus is reportedly in advanced negotiations with China to sell up to 500 aircraft, marking one of the largest potential orders in the aerospace sector. The discussions are expected to culminate in formal agreements as early as July 2025, coinciding with a summit between European and Chinese leaders in Beijing.
AerFin, a UK-based aviation services and asset management company, has successfully finalized the sale of a CFM56-7B engine to an undisclosed US customer. This transaction underlines AerFin’s commitment to providing high-quality engines and supporting the growing demand for serviceable aircraft components in the secondary market.
Estonia has reported delays in its efforts to sell several CRJ900 aircraft formerly operated by Nordica, the state-owned airline, and owned by Transpordi Varahaldus, a public asset management entity. The sale discussions, initially slated for earlier completion, are now expected to extend into June 2024.
