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Itasca MGA Structures Credit Insurance for JLPS Ireland

Itasca MGA, a UK-based insurance provider, has structured a comprehensive aircraft non-payment credit insurance policy for JLPS Ireland. The policy covers three Airbus A321neos, built in 2023, which are leased to an ultra-low-cost carrier (ULCC). The financing for these aircraft was provided by the Commonwealth Bank of Australia’s Tokyo branch.

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BNDES Approves Financing for E2 Jet Exports to Azorra

BNDES (Brazilian Development Bank) has approved $182 million in financing for the export of eight Embraer E2 jets to Azorra, a US-based leasing company. Deliveries are scheduled to take place between December 2024 and 2025, showcasing the ongoing collaboration between Brazilian manufacturers and global operators.

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Pratt & Whitney’s GTF Engine Certified for A321XLR

Pratt & Whitney, a leading aerospace engine manufacturer based in the United States, has received FAA certificationfor its GTF (Geared Turbofan) engine to power the Airbus A321XLR. The updated engine type certificate, granted on 12 December 2024, applies to the PW1100G-JM engine and now includes its use for the A321XLR, Airbus’s latest long-range narrow-body aircraft.

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Azimuth Gains Approval for New International Routes

Azimuth Airlines, a regional carrier based in Russia, has received approval to operate new international routes. The airline will connect Sochi and Mineralnye Vody with Riyadh and launch a route from Mineralnye Vody to Karshiusing the SJ-100 (Sukhoi Superjet 100). These approvals mark a significant milestone for Azimuth as it expands its network into the Middle East and Central Asia, catering to increasing demand for…

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Airbus Nears Deal with Spirit AeroSystems

Airbus is reportedly close to signing a definitive agreement with Spirit AeroSystems (US) for the acquisition of Airbus-related work packages. The deal is expected to be finalized within the next few days, as Spirit prepares for its pending takeover by Boeing. This agreement could redefine the competitive landscape in the aerospace sector, with Montana Aerospace (US) emerging as a potential bidder for the divested packages.

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Ukraine Seizes Seven UIA Aircraft in Tax Evasion Probe

The Bureau of Economic Security of Ukraine has seized seven aircraft belonging to Ukraine International Airlines (UIA) in connection with a tax evasion case involving a Cypriot company linked to Ukrainian oligarchs Igor Kolomoisky and Aron Mayberg. The seized assets include three Boeing 737-800s, one Boeing 737-900, and three Embraer E190s, with a combined value of approximately $40 million.

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United Airlines Adds B787-9, United Express Adds E175

United Airlines, a major US carrier, has expanded its fleet with the delivery of a Boeing 787-9 Dreamliner, identified by serial number 38276. The aircraft is equipped with GEnx-1B76A engines, known for their superior fuel efficiency and performance on long-haul routes. Additionally, United Express, the regional subsidiary of United Airlines, has taken delivery of an Embraer E175, serial number 17000980. The…

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Sunwing Airlines Adds B737-800 on Wet Lease

Sunwing Airlines, a Canadian leisure carrier, has taken delivery of a Boeing 737-800, identified by serial number 38025, on wet lease from Smartwings (Czechia). The aircraft is powered by CFM56-7B26E engines, a highly reliable and efficient propulsion system widely used in the Boeing 737 family.