All Orders & Deliveries news – Page 21
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NewsSMBC eyes purchase and leaseback opportunities as airlines face finance crunch
SMBC Aviation Capital’s efforts to support customers impacted by the coronavirus crisis have included purchase and leaseback deals where airlines are in need of financial support.
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NewsSMBC Max deferrals linked to programme’s ‘challenge’, not coronavirus
SMBC Aviation Capital is the latest customer to reach agreement with Boeing around deferral of 737 Max deliveries
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NewsSAS pushes A320neo deliveries to 2024
SAS has agreed with Airbus to delay delivery of four A320neos and is in talks with the airframer on further deferrals as the Scandinavian carrier prepares for a slow recovery in traffic after the coronavirus crisis.
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NewsSAS to defer Airbus deliveries as it overhauls business plan
Scandinavia’s SAS is to defer and review future Airbus deliveries and those from lessors, as part of its response to the coronavirus crisis, as it continues to pursue additional funding. The airline is drawing up a revised business plan which aims to bring SKr4 billion ($417 million) in improvements by ...
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NewsAerCap pushes back deliveries of 37 aircraft
Leasing giant AerCap is deferring deliveries of 37 aircraft which it had expected to introduce over the course of the next two years. AerCap says the measure brings to more than 100 the number of aircraft it had been intending to receive over 2020-22. The 37 which are the subject ...
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NewsEl Al awaiting final 787 as it cancels 737 leases
Israeli flag-carrier El Al has yet to take delivery of its final Boeing 787, while the airline shuffles its current fleet as part of efforts to reduce cash burn. The carrier’s rejig includes cancelling a lease for two more Boeing 737-800s, it has disclosed in a newly-released full-year financial statement. ...
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AnalysisMainline deliveries slump by over 50% during first four months
Deliveries across the two mainline aircraft manufacturers’ production lines fell by more than half during the first four months to less than 200 aircraft, as the coronavirus pandemic began to have a major effect.
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NewsQantas postpones new Airbus, Boeing deliveries
Qantas is pushing back aircraft deliveries for as long as the Covid-19 pandemic persists. “We have advised Boeing and Airbus that we won’t be taking delivery of any new aircraft while the current [Covid-19] crisis continues and present levels of uncertainty persist,” the carrier tells Cirium. “Naturally ...
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NewsTime to revive export credit financing: BOC Aviation chief
Leading lessor believes government-backed financing in wake of the airline industry crisis created by the coronavirus pandemic.
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NewsBOC Aviation chief sees 2020 deliveries at ‘lower end of 600-1,000’ range
Mainline jet deliveries will be heading down significantly this year as the impact of the coronavirus takes its toll from both a demand and supply-chain perspective, warns BOC Aviation chief executive Robert Martin.
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AnalysisAsia-Pacific April deliveries collapse amid travel restrictions
Asia-Pacific airlines received just two new aircraft during April 2020, as travel restrictions stemming from the coronavirus epidemic played havoc with delivery schedules. Only two Chinese carriers received new jets, according to Cirium fleets data. Loong Air took an Airbus A320neo and Chengdu Airlines took a Comac ARJ21. ...
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NewsFirst German government A350 arrives for outfitting in Hamburg
Airbus has transferred the first of three A350-900s for the federal German government to Hamburg for outfitting at the Lufthansa Technik facility. The aircraft flew from the airframer’s Hamburg Finkenwerder plant to the city’s main international airport on 7 May. It bears the civil registration D-AGAF but will be re-registered ...
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NewsAirbus delivered nearly 100 fewer aircraft over first four months
Airbus delivered just 14 aircraft during April as the full effects of the coronavirus crisis on its production operation became evident, a total down by 80% on the 70 deliveries achieved in the same month last year. The airframer registered only a single order – for nine A320neo-family jets from ...
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NewsIAG scales back planned deliveries to 75 over next three years
British Airways and Iberia parent IAG now expects to take delivery of 75 aircraft over the next three years as it reduces its fleet requirements in line with expectations that passenger demand will not return to pre-crisis levels before 2023. The new fleet plan marks a reduction of 68 on ...
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NewsRyanair signals 3,000 job cuts as it discusses fleet deferrals
Ryanair is expecting to cut up to 3,000 jobs from July and shut a number of European bases, as it projects that a post-crisis recovery will take at least two years. The airline is negotiating with Boeing to reduce planned deliveries of new 737s for the next 24 months, and ...
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NewsAirbus rekindles support from export credit agencies
Airbus believes the support of export credit agencies will be important to assist the funding of deliveries to customers during the air transport crisis. But the airframer is not intending to extend financing itself, unless particular circumstances warrant such a measure. Airbus chief financial officer Domink Asam, speaking on 29 ...
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NewsAirbus staying prepared for aggressive single-aisle rebound
Airbus is expecting the single-aisle market to recover faster than the long-haul sector, but the airframer is stressing that the pattern of deliveries is the most difficult part of its business to forecast. It has not offered any guidance in its newly-issued first-quarter financial statement. Airbus chief executive Guillaume Faury, ...
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NewsSouthwest delays deliveries of 59 737 Max to post-2021
Southwest Airlines, among the world’s top Boeing 737 Max customers, has pushed back deliveries of 59 Max aircraft in response to the travel downturn caused by the coronavirus pandemic.
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NewsComac makes first jet delivery after resuming production
Comac has delivered its 24th ARJ21 regional aircraft, the first aircraft to be delivered since the Chinese airframer resumed work following the coronavirus outbreak. The aircraft, registered B-604F, was delivered to Chengdu Airlines. Comac states that the aircraft is managed by lessor ICBC Financial Leasing. The aircraft is ...
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NewsAirbus engages ‘remote delivery’ initiative to transfer aircraft to customers
Airbus has started capitalising on communications technology and amended logistical procedures to enable delivery of aircraft remotely, allowing it to continue handing over jets to customers despite the restrictive measures imposed by the coronavirus crisis. Turkish budget carrier Pegasus Airlines has received three Airbus A320neo-family jets through the remote process ...