Airbus A350 XWB

SAS Selects Willis Lease’s New Revolving Credit Lease Engine Financing Product for CFM LEAP and Trent XWB Engines

Retrieved on: 
Monday, March 22, 2021

Scandinavian Airlines System (SAS) selected the RCL to finance CFM LEAP and Trent XWB engines, which power SASs A320neo and Airbus A350 aircraft, respectively.

Key Points: 
  • Scandinavian Airlines System (SAS) selected the RCL to finance CFM LEAP and Trent XWB engines, which power SASs A320neo and Airbus A350 aircraft, respectively.
  • Willis Lease created the RCL to address a lack of financing options for new technology engines, despite the pricing of certain engine types approaching the pricing of a whole aircraft.
  • We are always looking for new ways to lower our costs and increase flexibility and we believe financing these engines with Willis Leases new revolving credit lease helps us do both, said Niklas Hrdnge, VP Fleet Management for SAS.
  • We are pleased to be the launch customer for this product and appreciate Willis Leases continued efforts to develop new products and services that matter.

Air Lease Corporation Announces Delivery of New Airbus A350-1000 Aircraft to Virgin Atlantic

Retrieved on: 
Thursday, September 17, 2020

Today Air Lease Corporation (ALC) (NYSE: AL) announced the delivery of one new Airbus A350-1000 aircraft on long-term lease to Virgin Atlantic.

Key Points: 
  • Today Air Lease Corporation (ALC) (NYSE: AL) announced the delivery of one new Airbus A350-1000 aircraft on long-term lease to Virgin Atlantic.
  • We are pleased to announce this first new A350-1000 aircraft delivery to Virgin Atlantic today, said Steven F. Udvar-Hzy, Executive Chairman of Air Lease Corporation.
  • Our A350-1000s will replace Virgin Atlantics Boeing 747 aircraft on routes from London across the Atlantic to modernize the airlines long-haul fleet.
  • About Air Lease Corporation (NYSE: AL)
    ALC is a leading aircraft leasing company based in Los Angeles, California, that has airline customers throughout the world.

CDB Aviation and SAS Agree on Lease of Fleet of Four Airbus Aircraft

Retrieved on: 
Monday, June 29, 2020

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced today a new transaction with its long-standing customer, Scandinavias largest airline SAS, for a fleet of four Airbus aircraft, including three A320neos and one A350-900.

Key Points: 
  • CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced today a new transaction with its long-standing customer, Scandinavias largest airline SAS, for a fleet of four Airbus aircraft, including three A320neos and one A350-900.
  • The deliveries of these aircraft are expected to occur between June 2020 and May 2022.
  • We are very delighted to carry out yet another transaction with SAS for these Airbus aircraft, said CDB Aviation Chief Marketing Officer Peter Goodman, elaborating that we look forward to further assisting in the reshaping of SAS fleet, particularly in support of efforts to advance environmental sustainability goals for their fleet operations.
  • Goodman underscored that the lessors commercial team is pointedly expanding outreach in all aviation markets, energetically pursuing emerging opportunities for aircraft transactions, including in the sale and leaseback channel.

2020 Comparative SWOT & Program Strategy Focus - Battle of Commercial Aviation Turbofan Engine Programs in the Wide Body Aircraft Segment - Rolls Royce's Trent XWB & Trent 1000 vs. GEnx - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 27, 2020

The "Comparative SWOT & Program Strategy Focus - Battle of Commercial Aviation Turbofan Engine Programs in the Wide Body Aircraft Segment - Rolls Royce's Trent XWB & Trent 1000 Vs. GEnx" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Comparative SWOT & Program Strategy Focus - Battle of Commercial Aviation Turbofan Engine Programs in the Wide Body Aircraft Segment - Rolls Royce's Trent XWB & Trent 1000 Vs. GEnx" report has been added to ResearchAndMarkets.com's offering.
  • The Global Commercial Aircraft Turbofan Engines Market had been cruising in one of the longest super cycles through the end of 2019, very much aligned with the aircraft manufacturers, with the same abruptly broken by the global outbreak of the COVID-19 pandemic earlier in 2020.
  • The aircraft OEMs have made the most of the upswing through the decade ramping up aircraft production rates rapidly to meet delivery timelines.
  • The battle of engines to look out for in the global wide body aircraft segment is between the Rolls Royce's Trent 1000 & Trent XWB and the GEnx from the American giant.

Comparative SWOT & Program Strategy Focus - Commercial Aviation Turbofan Engine Programs in the Narrow Body Aircraft Segment: CFM's LEAP Engine Family vs. Pratt & Whitney's PW1000G GTF Engine Family - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 26, 2020

The "Comparative SWOT & Program Strategy Focus - Battle of Commercial Aviation Turbofan Engine Programs in the Narrow Body Aircraft Segment - CFM's LEAP Engine Family Vs. Pratt & Whitney's PW1000G GTF Engine Family" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Comparative SWOT & Program Strategy Focus - Battle of Commercial Aviation Turbofan Engine Programs in the Narrow Body Aircraft Segment - CFM's LEAP Engine Family Vs. Pratt & Whitney's PW1000G GTF Engine Family" report has been added to ResearchAndMarkets.com's offering.
  • The aircraft OEMs have made the most of the upswing through the decade ramping up aircraft production rates rapidly to meet delivery timelines.
  • 2016 marked the start of the much awaited & anticipated battle of the engines between the incumbent CFM's latest LEAP engines family & the challenger Pratt & Whitney's PW1000G Geared Turbofan engines in the narrow body aircraft segment.
  • The battle to watch out for in the wide body aircraft segment has been between Rolls Royce's Trent 1000 & Trent XWB and the GEnx from the American giant.

SAS and Willis Lease Execute ConstantAccess Agreement Covering the Airline’s Airbus A340 Fleet

Retrieved on: 
Thursday, January 16, 2020

Over the next 36 months, as we transition into our new fleet of latest technology and most fuel efficient Airbus A350 aircraft, the Willis Lease ConstantAccess product will play a critical role providing SAS with a seamless and very efficient engine support transition service, said Niklas Hrdnge, Vice President of Fleet Management for SAS.

Key Points: 
  • Over the next 36 months, as we transition into our new fleet of latest technology and most fuel efficient Airbus A350 aircraft, the Willis Lease ConstantAccess product will play a critical role providing SAS with a seamless and very efficient engine support transition service, said Niklas Hrdnge, Vice President of Fleet Management for SAS.
  • Yet again, we are extremely pleased and proud to continue our long and deep partnership with SAS.By leveraging Willis Leases comprehensive inventory of serviceable engines, SAS will avoid any further major shop visits for CFM56-5C engines as they phase out of their A340 fleet in the coming years, said Charles F. Willis, Chairman and CEO of Willis Lease.
  • Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers in 120 countries.
  • Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them.

Japan Airlines’ New Airbus A350 Aircraft Take to the Skies with Mobil Jet™ Oil 387

Retrieved on: 
Wednesday, August 28, 2019

ExxonMobil announced today that Japan Airlines (JAL) is now using Mobil Jet Oil 387 in its newly purchased Airbus A350 aircraft.

Key Points: 
  • ExxonMobil announced today that Japan Airlines (JAL) is now using Mobil Jet Oil 387 in its newly purchased Airbus A350 aircraft.
  • Building on this continued success and growing relationship, JAL has now selected Mobil Jet Oil 387 for its Airbus A350 aircraft, as well.
  • Even though Mobil Jet Oil II continues to be a very reliable oil for us, ExxonMobil went a step further with Mobil Jet Oil 387 to help us stay ahead of the curve.
  • Mobil Jet Oil 387 is approved for use by engine manufacturers in a wide range of models and components.

The Aerospace Floor Panels Global Review: Growth Expectations of 6.3% from 2017-2026 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 10, 2019

The "Aerospace Floor Panels - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Aerospace Floor Panels - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
  • According to this research, the Global Aerospace Floor Panels market accounted for $168.42 million in 2017 and is expected to reach $292.96 million by 2026 growing at a CAGR of 6.3% from 2017 to 2026.
  • Some of the factors such as increasing military expenditure, increasing air traffic, rising demand for air transportation worldwide are driving the market growth.
  • Rise in manufacturing of commercial aircrafts including B737, B787 A350 and A320 family will fuel industry growth.

Air Lease Corporation Announces Lease Placement of Three New Airbus A350-900 and One New Airbus A350-1000 Aircraft with Air Caraïbes and FrenchBee

Retrieved on: 
Monday, June 17, 2019

Today Air Lease Corporation (NYSE: AL; ALC) announced long-term lease agreements with Air Carabes and FrenchBee, part of Groupe Dubreuil Aro, for three new Airbus A350-900 and one new Airbus A350-1000 aircraft, on lease from ALCs order book with Airbus.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL; ALC) announced long-term lease agreements with Air Carabes and FrenchBee, part of Groupe Dubreuil Aro, for three new Airbus A350-900 and one new Airbus A350-1000 aircraft, on lease from ALCs order book with Airbus.
  • The three A350-900s are scheduled to deliver to Air Carabes starting in 2019 through 2020, the first of which delivered to the airline on June 12, 2019 on lease to FrenchBee.
  • ALC is pleased to announce these four A350 lease placements, as well as celebrate the first A350-900 delivery to Air Carabes and FrenchBee, said Steven F. Udvar-Hzy, Executive Chairman of Air Lease Corporation.
  • About Air Lease Corporation (NYSE: AL)
    ALC is a leading aircraft leasing company based in Los Angeles, Californiathat has airline customers throughout the world.

Plustek Announces New eScan A350 for GlobalSearch ECM Software

Retrieved on: 
Tuesday, May 28, 2019

NEW HAVEN, Conn., May 28, 2019 /PRNewswire-PRWeb/ --Plustek Technology today announced the availability of the eScan A350 for GlobalSearch, another option in the new eScan A350 line of network attached document scanning kiosks.

Key Points: 
  • NEW HAVEN, Conn., May 28, 2019 /PRNewswire-PRWeb/ --Plustek Technology today announced the availability of the eScan A350 for GlobalSearch, another option in the new eScan A350 line of network attached document scanning kiosks.
  • The new eScan A350 for GlobalSearch provides an integrated experience out-of-the-box with Square 9 Softworks' award-winning GlobalSearch Enterprise Content Management solution.
  • The eScan for GlobalSearch A350 allows users to build destination buttons that scan documents directly to the GlobalSearch database archives.
  • The Plustek eScan family of scanners includes the eScan A180, A250, Essential A350, the Buyers Labs award-winning Enterprise SharePoint A350, and eScan Square 9 for GlobalSearch.