Air Tracker February 21, 2018 Vol1 Ep25 Kim Seward

Hello everyone and thanks for tuning in today. My name is Kim Seward, I'm Manager of Asset Valuations here at mba and I'll be providing you with the daily news here on mba's Air Tracker for Wednesday 20th February 2018. Bombardier states that Pratt and Whitney's problem with the Geared turbofan engine has caused delays for the CSeries. Something that Bombardier has claimed was not an issue previously. Some Engines were late to arrive, and others had to be diverted to existing CSeries operators to meet spare engine requirements - all similar problems to what the A320s have seen. Assuming this is remedied, the OEM aims to deliver 40 CSeries aircraft in 2018 Jet Airways of India agreed to sell 13 737 MAX 8 aircraft to SMBC on sale leaseback. Over the weekend an Aseman Airlines ATR 72 impacted terrain. The French BEA will work with Iran's CAO on the investigation. Helicopter manufacturer Leonardo announced Friday they had signed a new revolving credit facility through a pool of 26 banks and book runners. This agreement provides Leonardo with a facility of €1.8 billion euro and is in response to the OEMs reduced liquidity needs Airbus delivered their first A350-1000 to launch customer Qatar Airways . The aircraft is the first of 37 ordered by the carrier VIVA AEROBUS took delivery of one new leased A320-200 SAUDI ARABIAN AIRLINES took delivery of one A320-200 Cebu Pacific Air took delivery of a new ATR 72 That’s it for today, thanks for listening and join us again tomorrow for more daily aviation news!