All Orders & Deliveries news – Page 15
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NewsIcelandair cuts back 737 Max order as part of final settlement
Icelandair Group is cutting four Boeing 737 Max jets from its order commitment and revising deliveries of the remaining six as part of a final settlement with the airframer over Max disruption. The company has detailed the settlement after concluding a series of agreements with creditors and stakeholders essential ...
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News
Airbus logs orders but no long-haul deliveries in July
Airbus delivered 49 aircraft during July, and managed to log its first orders for almost four months. The airframer’s deliveries comprised 32 A320neo, 15 A321neo and two A220-300s. Airbus did not deliver any long-haul aircraft over the course of July. Cirium fleets data indicates this was the first ...
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Analysis
Rising backlog of jets still undelivered 60 days after first flight
Airbus and Boeing have collectively accumulated a backlog of more than 120 passenger jets that had their first flights more than 60 days ago but are yet to be delivered to customers (excluding the grounded 737 Max).
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News
Air France-KLM aims to minimise fleet deferrals to keep competitiveness on track
Just six aircraft ordered by Air France-KLM have so far been pushed back to later delivery slots in the past six months, although KLM has yet to detail its full fleet plan. Air France-KLM states that its competitiveness and sustainability is closely tied to its fleet and network strategy. ...
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News
Air France-KLM aims to keep medium-term fleet delivery schedule intact
Air France-KLM Group has recorded a €520 million impairment from its early phase-out Airbus A380 operations, and another €72 million from withdrawal of A340s for the second quarter. But it says it intends to keep the schedule of committed fleet deliveries for 2021-25 “as much as possible intact”, and ...
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News
Airbus impairs inventories ‘at risk’ as stored aircraft level rises
Airbus has recorded a near-€300 million charge for impairment of inventories considered at risk, as stored aircraft continue to push up its inventory level. The airframer reveals in its first-half accounts to 30 June that its inventories stood at €37.5 billion – up by nearly €6 billion on the ...
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News
Airbus trims A350 rates again as crisis becomes ‘visible’ in second quarter
Airbus is trimming A350 production rates, to five aircraft per month from six, in a further adjustment to its output in the face of weak air transport market demand. The airframer has disclosed that some 145 commercial aircraft went undelivered during the first half of this year, as a ...
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News
SIA defers Airbus deliveries amid S$1 billion Q1 operating loss
Singapore Airlines Group has reached an agreement with Airbus regarding aircraft deliveries and payment deferrals, as it reported a massive quarterly operating loss. The group, which comprises mainline carrier SIA, regional arm SilkAir, as well as low-cost unit Scoot — says it has reached an agreement with Airbus on ...
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News
Recovering Ryanair could have 40 737 Max jets by summer 2021
Budget carrier Ryanair hopes to introduce its first Boeing 737 Max this year and up to 40 of the type ahead of the 2021 summer season. But the airline warns that the financial year will be “very challenging” after it turned in a first-quarter net loss of €185 million ...
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News
Vistara takes first Airbus A321neo
Indian-Singaporean joint venture carrier Vistara took delivery of its first A321neo on 23 July. “This new addition to our fleet reinforces our long-term commitment to international expansion plans, despite the challenges of the current times,” says Leslie Thng, Vistara ’s chief executive. Source: Airbus ...
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News
Russian budget carrier Pobeda taking four more 737-800s
Aeroflot Group’s low-cost operator Pobeda is set to receive four additional Boeing 737-800s in the space of a week. The airline acquired one aircraft on 21 July, taking its fleet of the type to 31. But Pobeda says it is due to take three more of the type ...
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News
Helvetic converts E2 order to larger variant
Swiss operator Helvetic Airways is to switch part of its order for Embraer regional jets to the larger E195-E2 variant. Helvetic will configure the aircraft with 134 seats, in a single-class layout, compared with the 110 seats of its E190-E2s. The airline had originally ordered 12 E190-E2s, powered ...
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Analysis
Mixed fortunes for Airbus and Boeing in first half amid sharp declines
Combined deliveries by Airbus and Boeing have declined by more than half during the first six months of 2020 to just 266 aircraft, compared with 2019. Meanwhile the overall order intake has collapsed into a negative tally, although this is driven by a raft of cancellations for the Boeing 737 Max.
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News
Airbus deliveries halve in the first six months
Airbus delivered 196 aircraft over the first six months of the year, half the figure of 389 it had achieved at the same point in 2019. The figure means the airframer managed to hand over 36 aircraft during the month. These included four A350-900s for Iberia, Air France ...
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Opinion
Why crisis could power lessors to 50% fleet penetration: Cirium
Why market opportunities created by pandemic could propel sector into an increasing share of industry’s assets
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News
Close to 400 cancellations so far in 2020, driven by 737 Max
As 2020 passes its halfway point, fleets data from Cirium reveals that the mainline aircraft manufacturers have suffered almost 400 cancellations so far - 80% of which are for the Boeing 737 Max.
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News
BOC Aviation cancels orders for 30 737 Max jets
Singapore-based lessor BOC Aviation has cancelled an order for 30 Boeing 737 Max jets, and intends to defer delivery of others. It has not disclosed the extent of the deferral nor the number of jets involved. But BOC Aviation says it has signed commitments with customers for all ...
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News
Airbus not expecting significant changes in production rates: Faury
Airbus is not expecting to make substantial adjustments to its production rates for the foreseeable future, following the cuts to monthly output it disclosed in early April. The airframer has brought monthly single-aisle production down from 60 to 40 aircraft, while the twin-aisle rate has fallen from 9.5 to ...
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News
British Airways takes delivery of first 787-10 after delay
British Airways finally receives its first Boeing 787-10 months later than planned.
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News
Al Baker sends warning about forcing deliveries as Qatar seeks deferrals
As Qatar Airways looks to defer its large orderbook with Airbus and Boeing, group chief executive Akbar Al Baker warns that there will be consequences if airframers try to force the delivery of new aircraft in the current climate.
