Fleets – Page 93
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NewsEthiopian agrees sale-and-leaseback for latest Dash 8-400s
Ethiopian Airlines has entered a sale-and-leaseback agreement for a pair of De Havilland Canada Dash 8-400 turboprops recently delivered to the carrier. The aircraft involved – bearing serial numbers 4626 and 4628 – were handed to the African operator in February. Ethiopian Airlines has agreed their sale and leaseback, covering ...
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Airline BusinessJetBlue would dismantle Spirit as ultra-low-cost competitor, become ‘larger JetBlue’
JetBlue Airways is pitching its proposed acquisition of ultra-discounter Spirit Airlines as a means to compete better against the four largest US airlines – carriers that through their own mergers now control some 80% of the US market.
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NewsNew Condor livery not to Willie Walsh’s taste
IATA director general Willie Walsh has joined the debate about Condor’s striking new livery, giving his light-hearted verdict at the end of today’s IATA media briefing. Asked whether he would have signed off on the livery for an airline he was running, the former Aer Lingus, British Airways and IAG ...
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NewsJetBlue pilots settle ‘Northeast Alliance’ dispute, but hurdles remain
JetBlue Airways’ pilots have ratified an agreement that ends a year-long dispute over aspects of the carrier’s “Northeast Alliance” (NEA) with American Airlines.
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Airline BusinessAir Baltic chief on Ukraine solidarity, Russia exit, airspace closures and IPO plans
Martin Gauss is running an airline based in a country – and operating from two others – whose proximity to Russia in geographical and historical terms heightens both the emotional and, in some cases, practical effects of the conflict.
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NewsAn-22 among several Antonov aircraft damaged during Gostomel combat
Ukrainian airframer Antonov has disclosed that several aircraft types, including an An-22 outsize freighter, were damaged during the firefight with Russian forces at Gostomel airport. The large four-engined An-22 had been – along with the six-engined An-225 – a highly-recognisable aircraft within the Ukrainian cargo fleet. Combat operations at Gostomel ...
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NewsHainan seeks to sell low-use A350s and lease others
Chinese carrier Hainan Airlines is to sell a pair of Airbus A350-900s, and offer another four of the type for lease. The carrier has detailed the plan in a formal tender invitation dated 2 April. It aims to divest the two A350s for sale – both delivered in late 2018 ...
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NewsRussian presidential decree orders aircraft lease payments in roubles
Russian president Vladimir Putin has issued a decree setting out measures for fulfilling aircraft and engine lease payments, stating that they will be met in Russian currency. The decree on “temporary procedures” to meet obligations to certain foreign creditors was signed on 1 April. Hundreds of aircraft leased to Russian ...
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NewsITA reaches Airbus lease agreement with AerCap
Italian operator ITA Airways has reached a formal lease agreement for 12 Airbus aircraft, including a pair of A330neos, with AerCap. The agreement covers 10 A320neos in addition to the two long-haul twinjets. AerCap says the aircraft are scheduled for delivery to the new airline – which commenced operations last ...
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NewsMC-21 serial production delay forces Russia to look at fuel subsidy for older types
Russia’s government is expecting serial production of the Irkut MC-21 to be pushed back by up to two years, and has outlined optimistic plans to ramp-up output of older, and less fuel-efficient, aircraft types in the interim. During a briefing that followed a presidential meeting on the state of the ...
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Airline BusinessMore airlines able to look forward with confidence about recovery
A notable theme over the past week has been the shift in global airline narrative towards renewal, as more markets emerge from the worst of the Covid-19 crisis.
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NewsASL follow-on deal for 737-800 converted freighters set to double fleet
ASL Aviation Holdings is ordering up to 20 more Boeing 737-800 converted freighters, to be modified by the US airframer. The aircraft will be allocated to ASL’s airlines in Ireland, France and Belgium as well as joint-venture operations in Asia. Conversion work will commence in the second quarter of next ...
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NewsAerCap files insurance claim against more than 100 jets held by Russia carriers
Irish aircraft lessor AerCap has filed $3.5 billion worth of insurance claims as compensation for aircraft and aircraft engines that Russian airlines have not returned since Western government slapped Russia with economic sanctions.
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NewsAir Canada re-evaluating strategy for subsidiary Rouge
Air Canada is reconsidering the operational strategy of its discount subsidiary Rouge, a move coming amid heightened low-cost competition within Canada.
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NewsAir Canada thinks full recovery will extend beyond 2024
Air Canada does not expect to recover fully from the industry downturn until after 2024, though executives insist the airline’s rebound is firmly underway.
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NewsAerCap could list first-quarter impairment against leased fleet in Russia
Leasing giant AerCap is expecting to recognise an impairment on aircraft leased to Russian airlines which the company has been unable to retrieve. It says this impairment could be made as early as the first quarter of this year, but it stresses that it has “not determined the amount”. While ...
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NewsRossiya shifts leased aircraft to Russian registry
Aeroflot Group carrier Rossiya is claiming to have completed transfer of operational aircraft in its fleet to the Russian registry. Rossiya says 125 of its aircraft are listed on the register. “In order to minimise the risks of disruption of the flight programme during flights to foreign countries on these ...
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NewsAruban registry implements varied restrictions on Russian fleet
Aruba’s civil aviation regulator has introduced sanctions relating to aircraft based in Russia or connected with Russian entities. The measures are being imposed over the conflict in Ukraine, and follows similar actions by other states of registry. Aruba is an autonomous Dutch state but legally bound to follow European Union ...
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Airline BusinessHow Tewolde GebreMariam achieved a rare African success story at Ethiopian Airlines
Tewolde GebreMariam has stepped down as chief executive of Ethiopian Airlines following a long period of success in a region that is not always so kind to its leaders’ legacies.
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NewsFlynas signs off on strategy envisaging raising aircraft orders to 250
Saudi Arabian budget operation Flynas has outlined a strategic plan for the remainder of the decade under which it intends to lift its aircraft orders to 250.