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SpiceJet (India) to purchase up to 30 Q400s from Bombardier for US$900 million

posted Nov 3, 2010, 5:37 AM by Rowan Hewitt

Pratt & Whitney (US) reportedly signs agreement to sell 34 engines to Malaysian Airlines, following talks between US and Malaysian governments.

Robin Hood Aviation (Austria) lists two Saab 340As available for sale on request. See www.aviator.aero for details.

Q Aviation (US/Ireland) closes US$200 million loan arranged by DVB Bank and Natixis Transport Finance.

Boeing expects global airline profits to drop to US$5.3 billion in 2011 from US$8.9 billion in 2010, according to Randy Tinseth, marketing chief for Boeing Commercial Airplanes.

Jet Airways (India) considers sale and leaseback of 20 B737s in effort to reduce part of US$3.09 billion debt.

Bombardier closes its issuance of US$1.08 billion aggregate principal amount of new senior notes. Company also announces notices of redemption for its floating rate senior notes due 2013 and 8 percent senior notes due 2014.

SpiceJet (India) to purchase up to 30 Q400s from Bombardier for US$900 million, with delivery from 2Q 2011. Carrier to more than double its fleet in about three years.

International Airlines Group (Spain), post-merger parent of British Airways and Iberia, plans to limit non-EU stock ownership to 40 percent.

Jordan Aviation selects Pratt & Whitney Global Service Partners (US) for three-year Engine Management Program agreement.

CAA of Singapore awards Pratt & Whitney (US) Design Organization Approval, authorizing company to locally approve repairs, modifications and deviations related to Singapore Airlines Cargo fleet of PW4000-94 engines.

Air New Zealand signs one-year engine wash agreement with Pratt & Whitney (US) for all turbofan engine types, including CFM56-3, V2500, CF6-80C2, RB211-524G and Trent 800 engines, as well as GE90-115B and Trent 1000 engines on order. Services to be performed by Christchurch Engine Center.

Singapore Airlines Cargo signs three-year engine wash agreement with Pratt & Whitney (US) for PW4000-94 engines powering its fleet of B747-400Fs.