Boeing acknowledges ‘realities’ of market after Avolon cuts Max order
Lessor Avolon’s cancellation of 75 Boeing 737 Max jets is set to provide a degree of relief to the US airframer as it rejigs the extensive backlog for the re-engined aircraft.
Lessor Avolon cancels or defers over 100 aircraft
Lessor Avolon is cutting its delivery commitments over the next four years by over 100 aircraft, through a combination of cancellations and deferrals including the axing of 75 Boeing 737 Max jets.
AirAsia’s Fernandes skeptical about deliveries any time soon
AirAsia Group chief executive Tony Fernandes is skeptical about the possibility of airlines taking new aircraft given the coronavirus epidemic’s impact on growth.
Potential glut of near-term deliveries exceeds 2,700 airliners
Cirium fleets data illustrates size of potential problem facing Airbus and Boeing through next two years
Airbus sees indications of gradual Chinese traffic recovery
Airbus believes there are initial signs of air transport recovery from the coronavirus outbreak in China, from where the first contagion wave spread.
Governments could offer certainty by taking Airbus deliveries: research note
Governments should buy up to 600 aircraft from Airbus over the next three years, as a measure to sustain the airline and aerospace industries, according to a research note from US financial services firm Jeffries Group.
BOC Aviation to acquire six Cathay 777s under sale-and-leaseback
Cathay Pacific and BOC Aviation have agreed a sale-and-leaseback which will cover six Boeing 777-300ER jets.
How coronavirus could impact airliner fleets across the globe
Worldwide fleet comprises over 25,000 aircraft, but what could effect be across regions?
Timeline of the twists and turns in the grounding of the Boeing 737 Max
On 13 March 2019 the US essentially completed the global grounding of the Boeing 737 Max, following two fatal crashes involving the type in the space of five months.
Asia-Pacific February deliveries collapse amid coronavirus
Deliveries of new aircraft to Asia-Pacific collapsed in February, with only 11 aircraft delivered to the region out of the global total of 77.