All Fleets articles – Page 2
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IAero defends asset sale to Eastern Airlines in face of creditors’ exasperation
US operator IAero Group has defended the proposed sale of assets – including much of the IAero Airways fleet – to an entity associated with Eastern Airlines, strongly rejecting objections from creditors.
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Boeing pays Alaska Airlines $160m for 737 Max 9 grounding
Boeing paid Alaska Air Group $160 million in the first quarter as compensation for the 737 Max 9 grounding that followed the rapid de-pressurisation of Alaska Airlines flight 1282.
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Turkish Airlines still in talks with Boeing about aircraft order
Turkish Airlines remains in talks to finalise the Boeing portion of a major planned order aimed at supporting its long-term growth plan.
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GlobalX plans to add four more jets and fly 20-strong A320 fleet this summer
Charter carrier Global Crossing Airlines has received approval from US aviation authorities to grow its fleet to 20 Airbus A320-family aircraft from its current maximum of 16 jets.
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Unsecured creditors dismayed at proposed IAero asset sale
Unsecured creditors are objecting strongly to the proposed sale of US charter carrier IAero Airways’ assets, including nearly 30 aircraft, to an entity linked with Eastern Airlines.
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Cebu Pacific signs A330neo sale-and-leaseback deal with Avolon
Cebu Pacific has entered into a sale-and-leaseback transaction with lessor Avolon for four new Airbus A330neos.
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Vietnamese regulators flag aircraft shortage issue among local carriers
The Civil Aviation Authority of Vietnam (CAAV) has flagged a shortage of aircraft among local carriers, becoming the second regulator in as many days to highlight the issue.
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Lessors convince UK judge to reject Russian jurisdiction over aircraft reinsurance case
Lessors and other financial entities engaged in a legal reinsurance battle over aircraft seized in Russia have obtained a UK ruling rejecting attempts to impose Russian jurisdiction over the case. The judge overseeing the case in the High Court’s commercial division, Andrew Henshaw, has refused a stay of the English-law ...
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SpiceJet to boost Dash 8 fleet following lessor settlements
SpiceJet will fully own its six De Havilland Canada Dash 8-400 turboprops formerly leased from Nordic Aviation Capital (NAC), as part of a settlement with the lessor, the latest in a string of resolutions.
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Korean firms up order for 33 A350s
Korean Air has firmed up an order for 27 Airbus A350-1000s and six -900s, as it looks to recapitalise its widebody fleet.
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Malaysian regulator says aircraft shortage ‘pressing issue’ as full recovery looms
The Malaysian Aviation Commission (MAVCOM) has identified aircraft delivery delays as a “pressing issue” for the country’s airline sector, as passenger traffic moves closer to a full post-pandemic recovery this year.
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Spirit Airlines to receive $150-200m from P&W for geared turbofan troubles
Spirit Airlines has secured a compensation package from Pratt & Whitney (P&W) valued between $150 million and $200 million for the grounding of “nearly all” the PW1100G-powered Airbus A320neos in its fleet.
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Atlas Air adds second 777F for YunExpress flights between China and USA
US carrier Atlas Air and YunExpress are boosting cargo operations between China and the USA by adding a second Boeing 777-200 Freighter on a long-term charter agreement.
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Lynx Air and Boeing agree to terminate 737 Max purchase deal
Canadian operator Lynx Air has reached a formal agreement with Boeing to cancel a large aircraft purchase deal, following the airline’s cessation of operations in February. The original deal dates back to October 2015 and covered the purchase of 40 aircraft plus the lease of six more. According to court ...
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Canada Jetlines to fly A320s between Africa and Europe on behalf of Air Arabia Maroc
Start-up carrier Canada Jetlines plans to deploy two of its Airbus A320s for flights this summer between Morocco and Western Europe through a three-month contract with Air Arabia Maroc.
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Cebu Pacific returns to profit as it closes in on record narrowbody order
Cebu Pacific has confirmed it is in the “closing stages” of negotiations for the order of up to 150 narrowbody aircraft, with a likely announcement “a month of two away”.
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Alliance cuts E-Jet disassembly numbers amid ‘significant demand’
Australia’s Alliance Aviation has reduced the number of Embraer 190 aircraft it will part out, amid what it calls “significant” demand for the regional jets.
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Asiana bids farewell to its last passenger 747-400
The reitrement also marks the end of passenger 747-400 operations in South Korea.
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Royal Jordanian expands cargo fleet with converted A321 freighter
Royal Jordanian Airlines has introduced an Airbus A321 converted freighter, providing additional dedicated cargo capacity as part of the carrier’s fleet modernisation.
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Edelweiss to assign initial A350s to North American destinations
Swiss carrier Edelweiss intends to be the first carrier in the country to introduce Airbus A350s, and has unveiled initial long-haul routes for the type.