Fleets – Page 117
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NewsTwo Icelandair 767s to be converted to freighters in leaseback deal
Icelandair Group has reached a sale-and-leaseback agreement for a pair of Boeing 767-300ER which will be converted into freighters. The aircraft are being sold to Atlas Air Worldwide Holdings’ associated joint venture Titan Aircraft Investments. Icelandair Group says the 767s will be converted in spring next year and be re-introduced, ...
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NewsSustainability and airline success now inexorably linked: Air France chief
The rise of sustainability as a challenge for the airline industry has been accelerated by the Covid-19 pandemic, to the point where business success is inexorably linked to carriers significantly reducing their environmental footprints, in the view of Air France chief executive Anne Rigail.
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NewsCathay sees no further fleet cuts following record loss
Cathay Pacific Group does not expect to park more aircraft in long-term storage overseas beyond those already in Australia and Spain, as it looks at cargo opportunities for more aircraft types to bolster revenue.
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NewsCathay retires 34 aircraft early, parks nearly half its fleet overseas
Troubled Cathay Pacific Group took a one-time HK$2.8 billion ($361 million) impairment charge relating to the early retirement of 34 aircraft, as it discloses that nearly half of its fleet are in long-term storage overseas.
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NewsAerCap confirms GECAS talks
AerCap has confirmed it is in talks with General Electric in respect to GECAS, but notes that the outcome of the discussions “has yet to be determined”.
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Airline BusinessAirline coronavirus recovery tracker: March 2021 update
Our regular examination of the latest global data for several key airline market indicators, including international and domestic travel restrictions, 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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NewsIcelandair returns Boeing 737 Max to revenue service
Following the lifting of the 737 Max’s grounding, Icelandair has resumed commercial flights using the Boeing narrowbody after a nearly two-year break.
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NewsDe Havilland entitled to terminate SpiceJet Dash 8 order: UK judge
Turboprop manufacturer De Havilland Aircraft of Canada was entitled to terminate a Dash 8-400 purchase agreement with Indian carrier SpiceJet after the airline stopped making payments and taking delivery of aircraft, a judge has ruled. SpiceJet originally ordered 25 of the type from Bombardier – part of a September 2017 ...
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NewsPegasus hopeful of rebound as restrictions dent late-2020 performance
Budget carrier Pegasus Airlines saw curfews and lockdowns in Turkey dent demand towards the end of 2020, but it remains hopeful of a strong traffic rebound going into the second half of 2021.
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NewsLufthansa chief says fleet and failures can offset corporate travel slump
Fleet adjustments and the failures of other airlines are likely to offset the impact of an accelerated fall in demand from business travellers in the coming years, according to Lufthansa Group chief executive Carsten Spohr.
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NewsSpirit chief bets on A320neos and A321neos for capacity growth
Spirit Airlines continues to target mid-2021 as the inflection point when its capacity returns to pre-pandemic levels and is betting on new Airbus A320neo and A321neo aircraft for its expansion plans, two executives from the carrier said during an online discussion on 3 March.
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NewsBoeing will come through ‘extremely difficult’ time: AerCap chief
AerCap chief executive Aengus Kelly believes Boeing is facing an “extremely difficult” time as it tackles problems with its 787 production programme, but he is confident the US manufacturer can resolve its issues.
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NewsStart-up Flyr outlines expansion plans after securing ramp-up funding
Norwegian start-up Flyr intends to establish an employment ratio comparable to low-cost airlines within Europe, aiming for a figure of 36 employees per aircraft within five years. Flyr claims this will bring it into line with the level of Ryanair and below that of EasyJet and Wizz Air. The company ...
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NewsBreeze plans summer launch of flights and ‘super app’: Neeleman
Breeze Airways’ co-founder and chief executive David Neeleman expects his new Salt Lake City-based low-cost airline will be operating flights before this summer, in the process acclimating travellers to an app-centred customer experience.
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NewsLATAM set to expand freighter capacity with 767 conversions
LATAM Airlines will expand its freighter capacity by as much as 80% under a plan covering the conversion of up to eight Boeing 767-300ER aircraft.
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NewsQatar Airways sells A330 freighters to CMA CGM
Qatar Airways has been confirmed as the seller of four Airbus A330-200 freighters to the new air cargo division of French container logistics and shipping giant CMA CGM. AFG Aviation Ireland, a wholly owned subsidiary of Aircraft Finance Germany, arranged the sale of the aircraft (MSNs 1688, 1708, 1584 and ...
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NewsUnited orders 25 more 737 Max
United Airlines has ordered another 25 Boeing 737 Max and moved forward deliveries of 45 previously ordered Max, moves the company says will enable to it capitalise on increased demand following the pandemic.
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NewsChina's CAAC yet to approve test flights for 737 Max return-to-service
China’s civil aviation regulator is discussing with Boeing a restoration plan for 737 Max services, but is yet to be satisfied to the extent necessary to advance the type’s return to operation. The Civil Aviation Administration of China’s deputy director, Dong Zhiyi, disclosed the state of progress during a State ...
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NewsArrival of versatile E195-E2 offers ‘glimmer of hope’: KLM Cityhopper chief
KLM Cityhopper believes the arrival of its first Embraer 195-E2s can help to spearhead the Dutch carrier’s recovery from the pandemic downturn as the new jets will offer the wider group greater flexibility.
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NewsTexan aviation investment group MDI acquires three Austrian 767s
Lufthansa Group carrier Austrian Airlines has agreed to sell three of its Boeing 767-300ERs to a US company, Texas-based MonoCoque Diversified Interests. Austrian says the first of the 767s will be transferred at the beginning of March with a second to be handed over in May. The carrier had disclosed ...