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Guggenheim cancels remaining 747-8F orders

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Guggenheim Aviation Partners (GAP) has cancelled its remaining orders for two 747-8F freighters after cancelling its other two in early 2010. The lessor, which ordered four 747-8Fs in August 2007, says the delays to the aircraft’s development program and the associated economic impact left it with “no alternative” but to cancel the order. Two of

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CDB Leasing orders 10 E-190s

China’s CDB Leasing has signed a firm order for 10 Embraer E-190s, to be operated by China Southern Airlines. The first E-190 from the order is due for delivery in the second half of 2011.

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Hevilift introduces the ATR 42 to PNG

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Hevilift PNG is moving to expand its fixed wing aircraft fleet, adding two ATR 42-320s to its fleet to meet growing demand in the PNG resources sector. One 45-seat ATR has already entered service on routes from the PNG capital, Port Moresby, to the resources island of Lihir, while the second is scheduled to enter

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Virgin Blue and Skywest to team up on regional routes

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Virgin Blue Group and Skywest Airlines have signed a 10 year strategic alliance which will see VB make its long awaited entry into turboprop operating regional aviation markets. Skywest will operate up to 18 new Virgin Blue branded turboprop aircraft as part of the agreement, which will see both airlines codeshare on a number of

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New CFO for Virgin Blue

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Virgin Blue has announced the appointment of Sankar Narayan to the position of chief financial officer following the resignation of Keith Neate in December. Narayan has previously held the positions of CFO with Astro All Asia Networks, Fairfax Media and Foxtel. “I am thrilled to welcome Sankar to our executive team,” CEO John Borghetti said

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Boeing releases 2010 order and delivery figures

Boeing has released its 2010 order and delivery figures, recording net orders of 530 commercial aircraft, and 462 deliveries for the calendar year. The company took a total of 625 orders in 2010 comprised of 508 737s, 76 777s, one 747, three 767s and 37 787s, but these numbers were offset by 95 cancellations including

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