AerSale Buys 24 Boeing 757s For Freight Conversions And Parts

Sumit Singh | September 18, 2020

AerSale Buys 24 Boeing 757s For Freight Conversions And Parts
AerSale confirmed today that it entered a purchase agreement to take on 24 Boeing 757-200 passenger aircraft. All of the jets come with Rolls-Royce RB211-535 series engines. Additionally, 16 spares form part of the deal.
According to a press release seen by Simple Flying, these 757s are part of the approximately 500 commercial planes parked at AerSale’s sites at Roswell, New Mexico and Goodyear, Arizona, for several carriers and companies. AerSale not only provides storage, but it is also a global supplier aftermarket commercial jet aircraft, engines, OEM, and used serviceable material (USM). It also specializes in maintenance, repair & overhaul (MRO).

Spotlight

At Airbus Group, ‘we make it fly’ is our motto. Day in and day out, the Company’s men and women deliver more than just products. They make a difference to our customers through innovative solutions, game-changing engineering, manufacturing excellence and corporate responsibility.


Other News
AIR TRANSPORT

Garmin Continues to Improve Aviation Safety with the Launch of Smart Glide

Garmin | July 23, 2021

Garmin International Inc., a subsidiary of Garmin Ltd., today announced the launch of Smart Glide. This game-changing safety tool assists pilots in engine power outages by automating activities to minimize pilot workload. Smart Glide joins the Autonom family of autonomous flight technologies, which includes the Collier Trophy-winning Garmin Autoland. If a single-engine aircraft lacks engine power, the pilot is faced with the critical and time-consuming task of navigating the aircraft from its present location to a suitable airfield. Through compatible avionics such as GTN Xi series navigators, Smart Glide assists the pilot by recommending a suitable airport estimated to be within glide range...

Read More

AIR TRANSPORT

Universal Hydrogen and Deutsche Aircraft Collaborate on Zero Emissions Regional Aviation

Universal Hydrogen | July 22, 2021

Universal Hydrogen, a company that fuels carbon-free flight, and Deutsche Aircraft, a new purpose-driven German aircraft Original Equipment Manufacturer (OEM), today announced a technological partnership to accelerate aviation's decarbonization, a global necessity in the battle against climate change. The two firms will collaborate to conduct a design study for Universal Hydrogen's modular capsule technology to be included in the Dornier 328 project. The joint effort will look at the size and integration of modular capsule technology for hydrogen storage into aircraft structure and systems (including loading and unloading considerations); aircraft weight and balance; h...

Read More

AEROSPACE

Platinum Equity to Acquire Unical Aviation

Unical Aviation | July 20, 2021

Platinum Equity announced that it has signed an agreement to acquire Unical Aviation Inc. and certain of its affiliates from affiliates of the company's founders. Unical Aviation Inc. is a major supplier of aircraft parts and components to the global commercial aerospace industry. Unical Aviation, Unical MRO, Unical 145, and Unical Aero are all part of the deal. The sale to Platinum Equity does not include Unical Defense Inc., a subsidiary that handles government defense contracts. The financial details were not disclosed. Platinum Equity, a global investment company headquartered in Los Angeles with more than $25 billion in assets under management, has exte...

Read More

AVIATION TECHNOLOGY

CAE will Invest $1 billion in Innovation Over the Next Five Years to Develop Future Aviation Technologies

CAE | July 16, 2021

CAE stated today that it will invest C$1 billion in innovation over the next five years. The investment will go toward Project Resilience, a transformation project aimed at developing tomorrow's technologies, such as digitally immersive solutions based on data ecosystems and artificial intelligence in civil aviation, defense and security, and healthcare. CAE will also be able to position itself as a leader in end-to-end technology, operational support, and training solutions for Advanced Air Mobility and create green light aircraft technologies as a result of the project. In collaboration with the Government of Canada and Québec, the initiative will enable CAE to pl...

Read More

Spotlight

At Airbus Group, ‘we make it fly’ is our motto. Day in and day out, the Company’s men and women deliver more than just products. They make a difference to our customers through innovative solutions, game-changing engineering, manufacturing excellence and corporate responsibility.

Resources

Events