Business & General Aviation News.

May 21, 2007 Boeing, Boeing Business Jets today announced, at Geneva[sup.1]s EBACE Business Aviation show, it has won seven new orders this year, bringing total program sales to 135 jets. The new orders are worth $478.5 million at list prices. The new orders are for six BBJs, high-performance derivatives of the commercially popular Next-Generation Boeing 737-700, and one 787-9 VIP jet. The 787 VIP jet is based on the most successfully launched commercial airplane, the 787 Dreamliner. May 20, 2007

Pegasus, Terra Firma

European equity firm buys Pegasus aircraft leasing business Pegasus Aviation Finance has sold its aircraft leasing business to the European private equity firm Terra Firma Capital Partners for $5.2 billion. Terra Firma will combine the business with its AWAS unit, giving it a combined fleet of more than 300 planes. May 14, 2007

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May 14, 2007