All Fleets articles – Page 95
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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.
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NewsITA’s first A350 emerges in full colours
Italian carrier ITA Airways’ first Airbus A350 has emerged in the airline’s distinctive paint scheme. Airbus has shown off the -900 aircraft, MSN270, with the carrier’s blue fuselage and Italian flag-themed fin. ITA had previously stated that it would include leased A350s as part of its initial fleet, at least ...
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NewsQantas returns A380s to Melbourne in capacity ramp-up
Qantas is set to increase capacity from Melbourne to North America, including returning its Airbus A380s to Australia’s second largest city.
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Airline BusinessClamour for China Eastern crash theories is at odds with reality
Following the tragic loss of a China Eastern Airlines Boeing 737-800 on Monday, scrutiny – informed or otherwise – has been intense, in general reporting and particularly on social media.
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Airline BusinessHow Russian airlines are impacted by Bermuda fly wrangle
Bilateral arrangement with British Overseas Territory crumbles in face of sanctions, leaving aircraft in limbo.
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NewsAlaska to accelerate fleet transition and convert two 737-800s to freighters
Alaska Airlines is to accelerate its fleet renewal plans to be operating only Boeing 737 narrowbodies and Embraer 175 regional jets by the end of 2023, while also converting a pair of its Boeing 737-800 passenger aircraft into freighters.
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NewsDelta takes delivery of first Airbus A321neo in Hamburg
Delta Air Lines has taken delivery of the first of 26 Airbus A321neo aircraft it expects to receive this year.
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NewsAir Canada to introduce fleet of long-range A321XLRs
Air Canada is acquiring 26 Airbus A321XLRs, emerging as the undisclosed customer behind an order for six of the jets in the airframer’s backlog. The airline is taking another 20 of the long-range model through leasing companies, including 15 from Air Lease and five from AerCap. No engine selection has ...