All Orders & Deliveries news – Page 24
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NewsAirbus chief: Crisis likely to be ‘a long one’
Airbus is expecting to review its production rates every month after reducing its output by a third in response to the coronavirus impact. Chief executive Guillaume Faury, speaking on 8 April, was unable to estimate when rates would be restored but said he thought the crisis would “probably be a ...
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NewsAirbus records 15 A350 cancellations but reveals order for 10
Airbus has recorded cancellations of 15 A350s as well as four A330neos during March, although it secured a firm agreement for 10 A350s from an undisclosed customer. Six A350-1000s and four A350-900s from Latin America’s LATAM are part of the cancellation. Five A350-900s ordered by Kuwait Airways have also been ...
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NewsBoeing acknowledges ‘realities’ of market after Avolon cuts Max order
Lessor Avolon’s cancellation of 75 Boeing 737 Max jets is set to provide a degree of relief to the US airframer as it rejigs the extensive backlog for the re-engined aircraft. But Boeing also acknowledges that the decision is the “right step” to “align with the realities of the marketplace”. ...
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NewsLessor Avolon cancels or defers over 100 aircraft
Lessor Avolon is cutting its delivery commitments over the next four years by over 100 aircraft, through a combination of cancellations and deferrals including the axing of 75 Boeing 737 Max jets. Avolon says the unplaced Max aircraft had been due to arrive over 2020-23. It is also deferring another ...
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NewsAirAsia’s Fernandes skeptical about deliveries any time soon
AirAsia Group chief executive Tony Fernandes is skeptical about the possibility of airlines taking new aircraft given the coronavirus epidemic’s impact on growth. During an interview on Bloomberg TV, Fernandes was asked about his orders with Airbus. “We have a large order book with Airbus…we have an interesting relationship with ...
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Airline BusinessPotential glut of near-term deliveries exceeds 2,700 airliners
Cirium fleets data illustrates size of potential problem facing Airbus and Boeing through next two years
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NewsAirbus sees indications of gradual Chinese traffic recovery
Airbus believes there are initial signs of air transport recovery from the coronavirus outbreak in China, from where the first contagion wave spread. Its Tianjin facility had briefly shut production when the outbreak emerged, but has since resumed manufacturing, although Chinese airline operations remain significantly affected. Speaking during a briefing ...
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NewsGovernments could offer certainty by taking Airbus deliveries: research note
Governments should buy up to 600 aircraft from Airbus over the next three years, as a measure to sustain the airline and aerospace industries, according to a research note from US financial services firm Jefferies Group. Airbus deliveries might fall to some 600 aircraft per year – compared with 863 ...
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NewsBOC Aviation to acquire six Cathay 777s under sale-and-leaseback
Cathay Pacific and BOC Aviation have agreed a sale-and-leaseback which will cover six Boeing 777-300ER jets. The Hong Kong-based carrier warned on 11 March that it expects to incur a “substantial loss” over the first half of this year and that its liquidity position would be “adversely impacted” by plummeting ...
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Airline BusinessHow coronavirus could impact airliner fleets across the globe
Worldwide fleet comprises over 25,000 aircraft, but what could effect be across regions?
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In depthTimeline of the twists and turns in the grounding of the Boeing 737 Max
On 13 March 2019 the US essentially completed the global grounding of the Boeing 737 Max, following two fatal crashes involving the type in the space of five months.
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NewsAsia-Pacific February deliveries collapse amid coronavirus
Deliveries of new aircraft to Asia-Pacific collapsed in February, with only 11 aircraft delivered to the region out of the global total of 77. According to Cirium fleets data the Asia-Pacific, consistently the leader in aircraft deliveries, trailed both Europe, which saw 29 new aircraft delivered, and North America, where ...
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NewsComair pushes Boeing on compensation amid ongoing Max disruption
The airline is considering fleet renewal alternatives as it seeks to accelerate talks with manufacturer over grounding of the 737 Max.
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NewsCathay Pacific in talks to defer aircraft deliveries
Cathay Pacific is in talks with Boeing and Airbus over possible deferral of aircraft deliveries this year, as the coronavirus outbreak leaves an impact on its fiscal performance. At a briefing after Cathay released its annual results for 2019, chief operations and services delivery officer Greg Hughes confirmed that discussions ...
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NewsAmerican Airlines to lease 22 787-8s from BOC Aviation
American Airlines has agreed to lease 22 Boeing 787-8s from BOC Aviation, the lessor discloses in a filing to the Hong Kong stock exchange. The aircraft, which are on long-term leases, will deliver in 2020 and 2021. Boeing Capital Corporation (BCC) was originally going to buy the aircraft and lease ...
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NewsTurkish Airlines still facing bottleneck for single-aisle deliveries
Turkish Airlines is expecting to have 26 Airbus A321neos in its fleet by the end of this year, rather than the 30 it had listed in its previous update. The company has outlined its fleet development schedule in a full-year results briefing. While 13 A321neos were supposed to be delivered ...
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AnalysisWhat Flybe’s demise means for the Dash 8
Flybe’s collapse is a serious blow for De Havilland Canada’s Dash 8-400 programme as the UK regional carrier was the turboprop’s largest operator.
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NewsAirbus delivers 55 jets in February but orders stay flat
Airbus delivered 55 aircraft last month but, after starting the year with a surge of orders, recorded no new activity during February. Net orders stayed at 274 aircraft. Airbus handed over nine A350s, comprising seven -900s and two -1000s, to customers in the course of the month, as well as ...
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NewsVistara receives first Boeing 787
India’s Vistara has taken delivery of the first widebody aircraft in its fleet, a Boeing 787-9. The GEnx-1B powered aircraft, registered VT-TSD, is the first of six 787s that Vistara has on order. Vistara takes first Boeing 787-9 The carrier, a joint venture ...
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AnalysisAirbus wins all of January’s new airliner orders
Airbus made a strong start to 2020, accounting for all of the new commercial aircraft orders recorded during January. Boeing secured no fresh business, highlighting the continuation of its struggle with returning the grounded 737 Max to operational use.