All Fleets articles – Page 99
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NewsWalsh hands over IAG reins – and challenges – to Gallego
Willie Walsh signed off as chief executive of British Airways and Iberia parent IAG during the group’s AGM today, while also confirming he is leaving the aviation industry after a four-decade career.
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NewsUAE start-up Wizz Air Abu Dhabi receives first aircraft
Wizz Air’s new Abu Dhabi division has received its first aircraft, an Airbus A321neo registered in the United Arab Emirates. The aircraft (A6-WZB), fitted with Pratt & Whitney PW1100G engines, was originally ordered by Wizz Air but underwent a sale-and-leaseback through Singapore’s BOC Aviation. It carries a livery similar to ...
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Airline BusinessAirline coronavirus recovery tracker: September 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsAir Baltic half-year net loss grows sevenfold amid crisis
Latvian carrier Air Baltic generated a €185 million ($215 milion) net loss during the first six months 2020, representing a nearly sevenfold increase from a €26.6 million loss in the same period last year.
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NewsFinnair seals A350 sale-and-leaseback to bolster cash position
Finnair has flagged an immediate positive cash effect in excess of €100 million after finalising the sale-and-leaseback of one of its Airbus A350 aircraft.
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NewsSAS impairs older fleet as it pushes back Airbus deliveries
SAS has pushed back deliveries of two Airbus A350-900s and eight A320neos, which will reduce the Scandinavian operator’s capital expenditure for 2021-24. But the company insists it is “still committed” to achieving an all-Airbus fleet by 2023, to reduce fuel consumption and maintenance costs. “We have made progress on our ...
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NewsAirline Business podcast: uncertainties prevail after bleak Q2 results
Graham and Lewis discuss a bleak financial results season, as airlines count the costs of a ruinous April-June period while grappling with a bumpier-than-expected comeback in the current quarter.
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NewsFirst GE90-powered Boeing 777 flies into retirement
The world’s first GE Aviation-powered Boeing 777 made what is expected to be its final flight today when it was ferried from London Heathrow into retirement by British Airways.
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NewsUS airline fleet swells in summer but autumn cuts loom
In recent months US airlines have brought some 1,600 aircraft back into their fleets, bolstering their operations amid hopes that air travel demand would rebound following a dismal spring.
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NewsPalestinian Airlines offers Fokker 50 fleet for sale
Palestinian Airlines has put up for sale its pair of Fokker 50 turboprops, but insists its operation is not closing down. The carrier commenced operations in mid-1997 with pilgrim transport to Jeddah. It subsequently established its base at Gaza airport which opened the following year, but Israeli forces destroyed the ...
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NewsVolga-Dnepr takes delivery of first 777F
Volga-Dnepr Group has received its first Boeing 777 Freighter, delivered under a sale and leaseback deal with Dubai Aerospace Enterprise (DAE). The aircraft will be operated by Volga-Dnepr unit AirBridgeCargo, says Boeing. “We are delighted to welcome Volga-Dnepr Group as our newest customer as they introduce the 777 Freighter to ...
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NewsClark stresses bailout urgency as Emirates passenger flights increase
Emirates passenger flights now account for approximately half the airline’s daily frequencies but a bailout from owner the Dubai government will be needed “sooner rather than later”, says airline president Tim Clark.
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NewsRussia’s S7 Cargo to introduce 737 freighter operations
Russia’s S7 Airlines is to branch into dedicated freighters with the introduction of two Boeing 737-800BCF cargo jets within the next five months. It intends to acquire the first in November this year and another in January 2021. “These will be the first aircraft in the S7 Airlines fleet fully ...
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NewsClark cautious on 777-9 certification as Emirates awaits schedule clarity
Emirates Airline president Tim Clark is not convinced Boeing is “out of the woods yet” with regards to the certification programme for the 777X, as he awaits definitive details on when deliveries will begin.
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NewsCathay appears to switch more A350-1000s to -900s
Cathay Pacific appears to have converted a pair of Airbus A350-1000s to the smaller -900 variant, the Hong Kong-based carrier’s half-year accounts indicate. Airbus’s backlog figures to the end of July show Cathay had ordered 46 A350s, a mix of 26 A350-900s and 20 of the larger -1000s. It has ...
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NewsCathay not cancelling 777-9 orders, as it warns of bleak second half
Cathay Pacific has stressed that it is in discussions with Boeing about deferring — not cancelling — its orders for the 777-9 widebody. At a briefing after it disclosed record first half losses, Cathay chief operations and service delivery officer Greg Hughes says it is a “deferral of all 21 ...
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NewsAzul restructures lease payments to ease debt pressure
Brazilian carrier Azul has restructured its payment schedule with aircraft leasing firms which will including cutting operating lease outgoings by more than three-quarters over the last nine months of 2020. Its arrangements mean it will benefit from working capital relief amounting to R$3.2 billion ($595 million) by the end of ...
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NewsEVA Air hints at changes to 787 orderbook
EVA Air has entered negotiations with Boeing about its remaining 787-10 orders, hinting at a possible deferral or cancellation of some aircraft. The Star Alliance carrier says it is doing so “in response to changes in market demand and continuous optimisation of…network and fleet”, as a result of depressed travel ...
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NewsTUI adopts ‘partner-friendly’ airline strategy amid Condor speculation
TUI Group’s ambition to have fewer assets on its balance sheet means its airline operations will become more “partner-friendly”, according to the European travel giant’s chief executive. Speaking to German newspaper Borsen-Zeitung on 5 August, Fritz Joussen states that TUI’s need for capacity does not mean “that aircraft are on ...
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NewsEtihad starts network rebuild after ‘enormous challenges’ thwart early 2020 gains
Etihad’s strong start to 2020 was thwarted by the coronavirus pandemic as it now plots the reactivation of its network amid a further drive to reduce costs.