All Orders & Deliveries news – Page 12
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GECAS-Air China A320neo sale stemmed from prior lease agreement
GECAS’s deal to sell 18 Airbus A320neo-family aircraft to Air China, disclosed on 18 March, stemmed from a previous agreement with the carrier to lease the aircraft, Cirium understands.
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Air China strikes deal with GECAS unit to acquire A320neos
Air China has disclosed plans to acquire 18 Airbus A320neos from GECAS subsidiaray AFS Investments.
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AerCap agrees acquisition of US lessor GECAS
Leasing giant AerCap has agreed to acquire US lessor GECAS, creating a leviathan with over 2,000 aircraft and more than 900 engines as well as 300 helicopters. AerCap says it has entered into a “definitive agreement” – unanimously approved by the companies’ boards – under which General Electric will ...
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De Havilland entitled to terminate SpiceJet Dash 8 order: UK judge
Turboprop manufacturer De Havilland Aircraft of Canada was entitled to terminate a Dash 8-400 purchase agreement with Indian carrier SpiceJet after the airline stopped making payments and taking delivery of aircraft, a judge has ruled. SpiceJet originally ordered 25 of the type from Bombardier – part of a September ...
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Norwegian mass cancellation pushes Airbus into negative net orders
Airbus has newly-recorded cancellations of 92 aircraft, pushing the airframer far into negative net order territory after the first two months of this year. The cancelled aircraft comprise a pair of A350-900s plus 59 A320neo and 30 A321neo jets. Scandinavian budget carrier Norwegian accounted for almost all of ...
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Saudia eyes 70-jet acquisition including 777s and A321s: Saudi outlet
Saudi Arabian flag-carrier Saudia is intending to acquire up to 70 aircraft including long-haul Boeing and single-aisle Airbus jets, according to local financial publication Maaal . The Saudi outlet, citing its own sources, claims Saudia is looking to purchase Boeing 777s and 787s as well as Airbus A321s. ...
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Airbus encouraged by rising export-credit support for deliveries
Airbus is encouraged by evidence of increasing engagement with export-credit agencies to support aircraft deliveries. Chief financial officer Dominik Asam, speaking during an 18 February briefing, said the airframer was trying to “resuscitate” export-credit financing, stating that the proportion of deliveries with such support has risen to 10% from ...
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Airbus strives for break-even on A220 and low-rate twin-aisles
Airbus is intending to achieve break-even on its twin-aisle programmes at the reduced rate of production, while it acknowledges that a shift in demand mix puts increased pressure on its loss-making A220 lines.
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Airbus aims to match last year’s commercial aircraft delivery figure
Airbus is aiming to achieve at least the same number of commercial aircraft deliveries this year as the 566 it managed over the course of 2020. Its commercial aircraft operation generated a full-year earnings loss of €1.33 billion ($1.6 billion), after a 37% fall in revenues to €34.2 billion, ...
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Airbus lines outside Europe delivered most aircraft in January
Airbus’s delivery figures for January were unusual because, as a result of the air transport crisis, the majority of aircraft were handed over from its non-European final assembly lines. The airframer has five sites with assembly lines – in Toulouse, Hamburg, Tianjin, Mobile and Montreal – with the two ...
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Airbus delivers 21 aircraft in quiet January
Airbus’s activity for the first month of 2021 centred on deliveries, with 21 aircraft handed over during January. The airframer did not record any orders – or cancellations – over the course of the month. Its two long-haul aircraft deliveries comprised an A350-900 for Turkish Airlines and an ...
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Ryanair summer fleet plans rest on 737-8200 certification
Ryanair is hoping that, following restoration of the Boeing 737 Max in Europe, certification of the specific high-density 737-8200 variant will shortly follow, allowing it to build a fleet of the jets ahead of summer. The US FAA’s flight standardisation board conducted an analysis of changes introduced for the ...
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No rush to pick up A320 production: Avolon chief
Airbus should consider holding monthly A320-family production output at 40 aircraft rather than increasing its throughout this year, lessor Avolon’s chief executive opines.
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Turkmenistan to take first Airbus jets through A330 freighter conversion
Turkmenistan Airlines has ordered a pair of Airbus A330-200 converted freighters, the first time the Central Asian operator has signed for the airframer’s aircraft. The aircraft are set to be delivered in 2022, following the modification work. Airbus has not detailed the source of the airframes to be ...
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Boeing more vulnerable to tariffs than Airbus: Udvar-Hazy
Boeing needs to work to resolve the current tariff war with Airbus as the dispute threatens to further erode its market share versus its European competitor, Air Lease executive chairman Steven Udvar-Hazy has argued.
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Freighter line hands Boeing advantage in twin-aisle delivery contest
While Airbus delivered far more aircraft overall than Boeing last year, the US airframer’s freighter activity meant it was able to hand over a greater number of twin-aisle models. Boeing’s freighter business contrasted sharply with that of Airbus, which has not sold a new-build cargo aircraft for nearly six ...
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Congo Airways enhances Embraer order with a pair of E195-E2s
African carrier Congo Airways has ordered another pair of Embraer E2 regional jets, with an agreement to take two E195-E2s. Congo Airways had previously ordered two of the smaller E190-E2. Embraer values the overall package of four aircraft at $272 million, at catalogue prices. The Congo Airways ...
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Atlas orders the final four production 747-8 freighters
The parent company of Atlas Air has ordered four new Boeing 747-8 freighters amid the ongoing shortage of air freight capacity that increases demand for cargo services during the coronavirus pandemic. Atlas will dry lease the 747s through its subsidiary Titan Aviation Leasing, reasserting its claim to be ...
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Airbus cancellations include remaining A330Fs and AirAsia’s A350s
Airbus’s cancellations for the final month of last year included 26 long-haul aircraft, among them 15 A350s and the last three A330 freighters in the airframer’s backlog. The cancellation of three outstanding A330-200Fs – ordered by Turkey’s MNG Airlines – means there is no current backlog for the type, ...
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Airbus full-year deliveries fall by a third to 566 aircraft
Airbus managed to deliver 566 aircraft last year, with a surge of 89 deliveries in the final month of 2020. The figure was nevertheless 34% down on the 863 it managed to hand over in the previous year, as the airframer’s activity suffered from the impact of the air ...