Spectralux Corp. announced that Icelandair chose its Dlink+ ACARS system for its 757 fleet.

Jackson Square Aviation is the name of a new lessor launched by a management team previously with Pegasus Aviation and Sky Holding. Parent JSA International Holdings has received a $500 million equity commitment from Oaktree Capital Management. JSA President and CEO Richard Wiley said the firm is "well positioned" to finance more than $2 billion worth of Airbus and Boeing aircraft annually, with an emphasis on sale/leaseback arrangements. San Francisco-based JSA already has deals in place with Avianca and Air Berlin

Bombardier signed an MOU with CDB Leasing of China, a unit of China Development Bank, allowing it offer pre-delivery payment financing, delivery financing and leasing solutions to CSeries, Q400 and CRJ customers. CLC has up to $3.85 billion in capital available, according to Bombardier. "The financial resources of CLC put Bombardier in a stronger competitive position to recommend financing and leasing solutions for potential customers in China and elsewhere," Bombardier Commercial Aircraft President Gary Scott stated.

Boeing's proposed 787-10 stretch may be back on the radar as the 787 and 747-8 programs are retiring risk, according to a new report from New York-based Bernstein Research. The report, released yesterday, also highlights concerns that the 787 may be falling behind on its flight test hr., although Boeing remains within the margin to enable the first three aircraft to be delivered to ANA by year end.

BOC Aviation reported a $137 million profit in 2009, up 28% from the $107 million earned the prior year. The lessor's portfolio comprised142 aircraft at year end compared to 92 at the close of 2008. The Bank of China subsidiary owned 118 and managed an additional 24 on behalf of third-party investors. It took delivery of 17 planes last year and acquired 31 on sale/leaseback deals. It has 49 more on order and four on committed sale/leaseback deals through 2012.