All Fleets articles – Page 62
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NewsIAG’s Vueling trims A321neo orders as Iberia takes more
Spanish budget carrier Vueling has trimmed another pair of Airbus A321neos from its single-aisle backlog. Vueling originally had 14 of the largest A320neo-family variant on order but has yet to take delivery of any. Over the past two months, Airbus’s backlog figures indicate, the airline has been removing A321neos orders ...
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Airline BusinessAirline Business Covid-19 recovery tracker: May 2022 update
Our regular examination of the latest global data for several key airline market indicators, including 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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NewsLufthansa orders 777-8Fs and brings in more 787s to offset 777-9 delay
Lufthansa Group is to acquire seven Boeing 777-8 freighters, as well as three 777Fs, while taking seven more 787s to offset capacity shortfall from delays to its 777-9 order. The German company’s supervisory board has approved the introduction of the additional twinjets. “By purchasing these state-of-the-art aircraft, we again underline ...
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NewsLufthansa reminds of A380 option amid strong demand and Boeing delays
Pent-up demand for air travel is “enormous” but the aviation industry faces a “major operational challenge” this summer as rising passenger numbers coincide with staff shortages at airports and other stakeholders, Lufthansa Group chief executive Carsten Spohr has warned.
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Airline BusinessEmirates at epicentre of airframer widebody woes
For Emirates Airline, being a key driver of new and existing widebody programmes has long been a double-edged sword, with recent issues at airframers leaving it particularly vulnerable to several unfavourable developments.
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NewsAvolon records $300m impairment over unretrieved fleet in Russia
Irish-based lessor Avolon has recorded an impairment of over $300 million against aircraft still left with Russian operators, following the imposition of sanctions over the Ukraine conflict. Avolon had previously disclosed that 10 of its owned aircraft were still located in Russia. It says the $304 million impairment reduces the ...
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Airline BusinessIcelandair chief on Covid recovery, Max jets, 757s, cargo and competition
With the group restructured during the pandemic, Icelandair under Bogi Nils Bogason is emerging as a streamlined, aviation-focused business with a decision ahead on its future fleet
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Airline BusinessOn first anniversary, Avelo embarks on Orlando expansion as CEO eyes more growth
Exactly one year after its launch, Avelo Airlines has embarked on major expansion, disclosing plans to establish a base at Orlando, add Wilmington (North Carolina) its network and launch several new routes.
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NewsAirbus and Qatar Airways wrestle over right to resell rejected A350s
Among the legal jousts between Airbus and Qatar Airways arising from their court clash is an attempt by the airline to prevent the airframer from reselling A350s built for the carrier but individually cancelled after Qatar’s refusal to take delivery. Airbus has been cancelling A350s which had been completed and ...
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NewsUS FAA formally downgrades Russian oversight safety classification
US aviation regulators have downgraded the safety rating of Russia, declaring that the oversight authority is not complying with ICAO standards. The US FAA has formally classified Russia as a ‘Category 2’ state under its International Aviation Safety Assessment scheme. This downgrade prevents any expansion of airline services to the ...
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NewsAir Lease set to write off $800m for Russian-operated aircraft
US lessor Air Lease is to write off more than $800 million in assets comprising aircraft still operated by Russian carriers that the company is unlikely to retrieve. The lessor had previously disclosed that 21 owned aircraft from its fleet were still in Russia, following the termination of leases in ...
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NewsITA prepares to put initial A350 into intercontinental service
Italian carrier ITA Airways is preparing to put its initial Airbus A350-900 into service on its network of American and Asian routes this summer. The first of the Rolls-Royce Trent XWB-powered twinjets has been undergoing preparatory test flights at Toulouse before entering operation. ITA states that the aircraft will join ...
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NewsUS commuter carrier Southern to acquire P2012 Travellers
Italian airframer Tecnam has secured another US customer for its new P2012 Traveller, with Southern Airways Express agreeing to purchase two of the nine-passenger aircraft.
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NewsIcelandic carrier Play makes US debut with Baltimore service
Icelandic low-cost carrier Play operated its first US flight on 20 April, with a service to Baltimore/Washington International airport.
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NewsAeroflot Group board to discuss redemption of A330 leases
Aeroflot Group’s board is to discuss the possibility of early redemption for leases on Airbus A330s by the Russian flag-carrier. The airline has a dozen A330-300s in its fleet, all powered by Rolls-Royce Trent 700 engines. Only one appears to be in service, operating long-haul routes including the domestic Moscow-Yakutsk ...
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NewsEtihad intensifies sustainability R&D efforts with week-long Earth Day programme
Etihad Airways is ramping up its sustainability research and development efforts in a week-long programme that coincides with Earth Day on 22 April.
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NewsCourt OKs Nordic Aviation’s bankruptcy plan, lessor set to exit protection in May
Irish aircraft lessor Nordic Aviation Capital says a US federal judge has approved its bankruptcy reorganisation plan, putting the company on track to exit court-supervised restructuring before the end of May.
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NewsLessor Aviation Capital Group outlines exposure to Russian airline sector
US-based lessor Aviation Capital Group has estimated its exposure to Russian airlines at around $600 million, through aircraft leased to the sanctions-hit market. Aviation Capital Group has eight owned aircraft, plus financing and loan guarantees, in Russia according to parent company Tokyo Century Corporation. “Although this exposure is covered by ...
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NewsRoyal Jordanian medium-haul fleet renewal central to recovery strategy
Royal Jordanian Airlines is negotiating a fleet modernisation which is focused on replacing and expanding the short- and medium-haul jets operated by the Middle Eastern carrier. The airline outlined an expansion strategy during its annual general meeting on 18 April. Royal Jordanian, which is trying to recover from the impact ...
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NewsChina Eastern returns 737-800 to service, a month after fatal crash
China Eastern Airlines has returned a small number of Boeing 737-800s to service, flight recording data suggests, nearly a month after the type was involved in a fatal crash in southern China.