All Fleets articles – Page 103
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NewsAerCap completes GECAS acquisition to create leasing giant
Irish-based lessor AerCap has completed its acquisition of US leasing giant GECAS, a transaction which gives General Electric around a 46% shareholding in AerCap. Closure of the deal turns AerCap – which had previously absorbed lessor ILFC – a fleet of over 2,000 aircraft and 900 engines, plus more than ...
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NewsRyanair 737 Max 8-200 fleet ‘exceeding expectations’
Ryanair Group generated an operating profit of €254 million ($294 million) and a net profit of €225 million for the second quarter, evidence of a recovering summer period for the budget operator. Its main carrier, Ryanair, contributed a net profit of €164 million while Malta Air achieved a profit of ...
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NewsFirst A330 for UK start-up Flypop arrives in Malta
Start-up long-haul carrier Flypop’s first aircraft, an Airbus A330-300, has arrived in Malta having undergone painting in the UK airline’s new livery. The aircraft, MSN1445, powered by Rolls-Royce Trent 700 engines, was flown from the South Korean capital Seoul to Malta on 23 October. Flypop says it has been flown ...
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NewsJapanese start-up Toki Air to open ATR 72 services from coastal airport
Japanese start-up carrier Toki Air is preparing to open services from the western coastal city of Niigata, some 250km north of Tokyo, early next year. The airline is affiliated with Tokyo-based air transport training and support services company Toki Aviation Capital. “Compared with Europe, the USA and neighbouring countries, Japan’s ...
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NewsAmerican chief pledges to fight DOJ suit challenging JetBlue partnership
American Airlines chief executive Doug Parker is taking a fighting stance with the DOJ, signalling no intention of backing down or even of pursuing a settlement with the US government.
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News787 delivery delays prompt American to revise winter schedule
American Airlines has removed some Boeing 787s from its winter flight schedule due to Boeing’s ongoing pause of 787 deliveries which have quality issues.
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NewsStart-up Ultra Air plots key role in Colombian market reaching 50m passengers
The chief executive of Colombian start-up Ultra Air believes the airline can play a significant role in growing the country’s air transport market to 50 million passengers over the next five years, citing similar trends in other Latin American countries.
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NewsIcelandair seeks to add more 737 Max jets to bolster summer 2022 capacity
Icelandair is considering adding up to three more Boeing 737 Max 8s to its fleet to provide additional capacity ahead of next year’s summer season. The airline has nine of the type in its fleet – comprising six Max 8s and three Max 9s – and is preparing to take ...
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NewsBoeing projects Middle Eastern carriers will maintain widebody demand
Middle Eastern operators will take delivery of 3,000 new aircraft over the next two decades, with a strong widebody presence, Boeing estimates in its latest forecast for the region. Ahead of the Dubai air show in November, the airframer states that these deliveries will include 1,320 widebody types as well ...
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NewsEurope’s last MD-11 exits Lufthansa Cargo service before sale to Western Global
Lufthansa Cargo’s last Boeing MD-11 freighter completed its final service with the European carrier on 17 October, before its sale to US operator Western Global Airlines.
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NewsAlitalia successor ITA envisions SkyTeam membership
Newly-launched Italian carrier ITA Airways is intending to join the SkyTeam alliance, continuing the allegiance of its predecessor Alitalia. The new carrier initiated operations on 15 October, with an Airbus A320 service from Milan Linate to Bari, and started charter flights with a Milan Malpensa-Rome Fiumicino sortie. Its initial network ...
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NewsAuction offers cockpits and parts from Lufthansa and El Al 707s
Auctioneers are offering the cockpits, engines and dozens of components from two Boeing 707-420s which were previously parked for years at Berlin Tegel and Hamburg airports. The aircraft – MSN17720 and MSN18071 – were respectively delivered originally to Lufthansa in 1960 and Israel’s El Al in 1961. Both were powered ...
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NewsIsraeli lessor Global Knafaim takes over pair of Delta A220s
Israeli lessor Global Knafaim Leasing has completed the acquisition of two Airbus A220s, operated by US carrier Delta Air Lines. The lessor has been in discussions over the transaction for several months but disclosed on 14 October that it had finalised the deal for both jets. Both aircraft are 2018 ...
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NewsAzerbaijan Airlines plots 787 and A321neo acquisition to modernise fleet
Azerbaijan Airlines has reached provisional fleet-modernisation agreements with Boeing and Airbus covering the airline’s long-haul and short-haul types. The flag-carrier says it held discussions with Boeing on the acquisition of nine Boeing 787s to replace Boeing 767s, 757s and Airbus A340s by the end of the decade. Azerbaijan Airlines has ...
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Airline BusinessAirline Business Covid-19 recovery tracker: October 2021 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsFlyr to take up to 10 Boeing 737-8 aircraft from Air Lease
Norwegian start-up Flyr has signed a letter of intent to lease six new Boeing 737-8 aircraft from US-based lessor Air Lease.
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Airline BusinessHow the crisis tested airline-lessor relationships
When the Covid-19 pandemic devastated global passenger demand in early 2020, it set off a wave of rent deferral and restructuring requests from airlines to their lessors and asset managers. The scale of the cross-party correspondence, the legal and technical talks, and the contractual negotiations that this created can only ...
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NewsAir Belgium takes delivery of first Airbus A330-900
Air Belgium has taken delivery of the first of two Airbus A330-900s that will be used to replace A340s in its fleet.
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Airline BusinessWhy Alaska Airlines has set 2040 target for net-zero CO2 operations
While the global airline industry took a further step to tackling its environment footprint by collectively committing to reaching net-zero C02 emissions by 2050 under a resolution agreed at the recent IATA AGM, Alaska Airlines has a goal of reaching that point 10 years sooner.
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Airline BusinessIATA’s annual event brings wave of optimism, glimmer of normality
Airline leaders left IATA’s World Air Transport Summit this week in a buoyant mood, sensing the industry’s worst days are behind it, and that normalcy is months, not years, away. They also left having made firm commitments to reduce carbon output, saying the industry is emerging from the pandemic-driven aviation downturn with invigorated dedication to environmental stewardship. Exactly how airlines will significantly cut carbon, however, remains unclear.