Orders & deliveries – Page 22
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NewsAirbus engages ‘remote delivery’ initiative to transfer aircraft to customers
Airbus has started capitalising on communications technology and amended logistical procedures to enable delivery of aircraft remotely, allowing it to continue handing over jets to customers despite the restrictive measures imposed by the coronavirus crisis. Turkish budget carrier Pegasus Airlines has received three Airbus A320neo-family jets through the remote process ...
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NewsCDB cancels 29 737 Max orders, defers others
CDB Aviation is cancelling 29 of 99 Boeing 737 Max orders while making adjustments to the rest of its orderbook for the type. It plans to push back the delivery of 20 undelivered aircraft to “various dates in 2024, 2025 and 2026” and, without providing further details, downgauge all remaining ...
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NewsEasyJet argues case against cancelling Airbus deal
UK budget carrier EasyJet is arguing that it cannot terminate its contentious Airbus order by falling back on the argument that the coronavirus outbreak is a situation beyond its control. The airline has been under fire from its founder, and key shareholder, Stelios Haji-Ioannou over the cost of retaining the ...
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AnalysisIndustry orders and deliveries plummet as Boeing takes pain
Airbus has solid first quarter but Boeing suffers dramatic decline as cancellations hit
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AnalysisCoronavirus slashes Asia-Pacific deliveries in March
Carriers in the Asia-Pacific received 14 of the 49 new airliners delivered in March 2020, as airframers and countries continued to grapple with the coronavirus pandemic. The region trailed North America, where carriers took 17 new aircraft, but led Europe, which saw just 13 deliveries. Source: Cirium ...
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NewsLessors’ Max orders at risk with Avolon cancellation
Avolon is removing 75 Boeing 737 Max jets from its orderbook, and while the world’s fourth largest lessor by fleet value says it “remains committed” to the type, these add to cancellations from before the coronavirus pandemic.
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NewsAirbus chief: Crisis likely to be ‘a long one’
Airbus is expecting to review its production rates every month after reducing its output by a third in response to the coronavirus impact. Chief executive Guillaume Faury, speaking on 8 April, was unable to estimate when rates would be restored but said he thought the crisis would “probably be a ...
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NewsAirbus records 15 A350 cancellations but reveals order for 10
Airbus has recorded cancellations of 15 A350s as well as four A330neos during March, although it secured a firm agreement for 10 A350s from an undisclosed customer. Six A350-1000s and four A350-900s from Latin America’s LATAM are part of the cancellation. Five A350-900s ordered by Kuwait Airways have also been ...
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NewsBoeing 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. But Boeing also acknowledges that the decision is the “right step” to “align with the realities of the marketplace”. ...
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NewsLessor 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. Avolon says the unplaced Max aircraft had been due to arrive over 2020-23. It is also deferring another ...
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NewsAirAsia’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. During an interview on Bloomberg TV, Fernandes was asked about his orders with Airbus. “We have a large order book with Airbus…we have an interesting relationship with ...
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AnalysisPotential 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
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NewsAirbus 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. Its Tianjin facility had briefly shut production when the outbreak emerged, but has since resumed manufacturing, although Chinese airline operations remain significantly affected. Speaking during a briefing ...
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NewsGovernments 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 Jefferies Group. Airbus deliveries might fall to some 600 aircraft per year – compared with 863 ...
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NewsBOC 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. The Hong Kong-based carrier warned on 11 March that it expects to incur a “substantial loss” over the first half of this year and that its liquidity position would be “adversely impacted” by plummeting ...
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AnalysisHow coronavirus could impact airliner fleets across the globe
Worldwide fleet comprises over 25,000 aircraft, but what could effect be across regions?
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In depthTimeline 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.
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NewsAsia-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. According to Cirium fleets data the Asia-Pacific, consistently the leader in aircraft deliveries, trailed both Europe, which saw 29 new aircraft delivered, and North America, where ...
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NewsComair pushes Boeing on compensation amid ongoing Max disruption
The airline is considering fleet renewal alternatives as it seeks to accelerate talks with manufacturer over grounding of the 737 Max.
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NewsCathay Pacific in talks to defer aircraft deliveries
Cathay Pacific is in talks with Boeing and Airbus over possible deferral of aircraft deliveries this year, as the coronavirus outbreak leaves an impact on its fiscal performance. At a briefing after Cathay released its annual results for 2019, chief operations and services delivery officer Greg Hughes confirmed that discussions ...