Fleets – Page 26
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NewsFedEx to ground more aircraft as profits come under pressure
Freight giant FedEx will ground more aircraft after both revenues and operating income declined during its fiscal fourth quarter due to “demand weakness and cost inflation”.
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InterviewPorter Airlines chief Michael Deluce hails North American expansion with E195-E2s
Under the leadership of Michael Deluce, the Canadian regional carrier is in the early stages of its grandest-ever expansion, thanks to the arrival of its new Embraer jets
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NewsRiyadh Air picks GEnx engines to power Dreamliners
Ambitious Saudi start-up Riyadh Air has picked GE Aerospace GEnx engines to power its on-order Boeing 787-9s.
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NewsAvolon satisfied with healthy order backlog
“Without question, the order book is exactly where we want it to be for the next three years,” says Andy Cronin, chief executive of global lessor Avolon, announcing the signing of a memorandum of understanding to order 20 Airbus A330neos at Paris air show on 21 June.
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NewsPorter agrees E195-E2 sale-and-leaseback deal with Avolon
Canadian regional carrier Porter Airlines has agreed to sell 10 of its incoming Embraer 195-E2s to aircraft lessor Avolon and buy back the E-jets.
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NewsEmbraer eyes freighter conversion line in China as it reveals E-Jet P2F deal
Embraer signed a letter of agreement with Lanzhou Aviation Industry Development Group for 20 E-Jet passenger-to-freighter (P2F) conversions at the Paris air show on 21 June, in a deal that could see it establish a conversion facility in China.
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NewsTAAG picks up more A220s from leasing sector
Angolan flag-carrier TAAG is adding to its Airbus A220 leasing agreements by taking a pair of aircraft from Nordic Aviation Capital. The lessor is to supply -300 variants to the African operator. NAC says the jets are the first of its portfolio of A220s to be leased out. It has ...
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NewsAzul orders three more ATR 72-600s
Brazilian carrier Azul will take three more ATR 72-600 turboprops under a firm order announced at the Paris air show on 20 June.
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NewsIndia’s Akasa orders four more 737 Max 8s
Indian carrier Akasa Air has signed for four more Boeing 737 Max 8s, taking its total commitment to 76 jets.
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NewsLessor Avolon provisionally signs for 20 more A330-900s
Irish-based lessor Avolon has tentatively agreed to acquire 20 Airbus A330neo twinjets, all of which will be the -900 variant. The agreement is the subject of a memorandum of understanding. “We have been a strong supporter of the A330neo programme since its launch,” says Avolon chief Andy Cronin. “With our ...
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NewsAir Lease signs for two more Dreamliners
Air Lease has signed for two more Boeing 787s at the Paris air show.
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NewsLuxair becomes European launch customer for Boeing 737 Max 7
Luxembourg’s flag-carrier Luxair ordered four Boeing 737 Max 7 twinjets at the Paris air show on 21 June, becoming the European launch customer for the variant.
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NewsBerjaya strikes preliminary deal to take two all-premium ATR 72-600s
Malaysian carrier Berjaya Air has signed a heads of agreement covering two ATR 72-600s, which it will operate in an all-premium configuration.
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NewsAngolan carrier TAAG to lease batch of A220s
Angolan flag-carrier TAAG is to introduce three Airbus A220-300s which will be acquired through a lease agreement. US-based lessor Azorra will supply the twinjets to the airline next year. “We are deeply committed to growing the company by leveraging our market share and destination portfolio,” says TAAG chief Eduardo Fairen. ...
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NewsVolaris to take 25 more A321neos
Mexican low-cost carrier Volaris will take 25 more Airbus A321neo twinjets, the airframer announced at the Paris air show today, citing a previously undisclosed purchase agreement signed in October 2022.
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NewsAirAsia’s Fernandes teases large aircraft order, eyes more widebodies
The AirAsia group of airlines “will definitely” be placing a large order for aircraft over “the next two years”, although it will not be adding to the flurry of order announcements at this year’s Paris air show.
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NewsEmbraer forecasts delivery of 11,000 regional aircraft over next 20 years
Embraer’s latest market outlook forecasts 11,000 aircraft deliveries in the up-to-150-seat segment in the 2023-2042 period, with the airframer’s E195-E2 jet well-placed to meet strong demand for types covering the upper end of the range.
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NewsAir India firms massive aircraft orders
Air India has firmed its previously announced commitments covering over 500 aircraft from Airbus and Boeing during the Paris air show today.
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NewsIsrael’s El Al expands 787 fleet with lease of another pair
Israeli flag-carrier El Al has reached a lease agreement with Irish-based AerCap covering a pair of Boeing 787-9s. The aircraft will be delivered to the airline in the second quarter of 2025 and the first quarter of 2026. The carrier says the lease period is 15 years. El Al’s lease ...
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NewsAmerican Airlines orders seven Embraer E175s for Envoy Air
American Airlines signed a firm order for seven Embraer E175s at the Paris air show on 20 June.