Fleets – Page 79
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NewsUnited’s Kirby predicts break-even cash flow this month
United Airlines is on track to stop burning through cash by the end of March, according the company’s chief executive, who struck a remarkably positive tone during a 15 March investor conference.
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NewsAir Atlanta Icelandic buys Boeing 747 simulator from British Airways
Air Atlanta Icelandic has acquired one of British Airways’ Boeing 747-400 full flight simulators following the retirement of the type from the UK carrier’s fleet last year.
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NewsSIA to ‘progressively’ bring 737 Max fleet out of desert
Singapore Airlines will “progressively” return four remaining Boeing 737 Max aircraft to Singapore from storage in Australia, as a cabin retrofit programme gets underway for the type.
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NewsThai Airways tests market appetite for sale of A380 pair
Thai Airways International is gauging market interest for two of its Airbus A380s.
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NewsAeroflot approves transfer of 10 737-800s to Pobeda
Aeroflot’s board has approved the transfer of 10 Boeing 737-800s from its fleet to that of its low-cost budget sister carrier Pobeda. The aircraft will be sub-leased from April-June this year according to the board decision, although the possibility of a postponement remains. Aeroflot Group says the lease periods range ...
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NewsPandemic freight demand assists pared-back CargoLogicAir
Freight activity catalysed by the pandemic helped UK-based CargoLogicAir last year to improve on a weak performance in 2019, the company has disclosed. The carrier – linked to Russia’s Volga-Dnepr Group – ran into problems in 2020 and sought a temporary suspension of its operating licence, which was subsequently restored ...
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NewsSouthwest nears 737 Max 7 order: report
Boeing is closing in on the sale of 737 Max 7 jets to Southwest Airlines, a deal that, if closed, would prove a massive win by Boeing and reflect Southwest’s continued loyalty to the Chicago airframer, according to a report from Bloomberg.
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NewsWizz Air UK to have four A321neos by end of May
Wizz Air’s UK operation will have four new Airbus A321neos in its fleet by the end of May after today carrying out its first flight with the Pratt & Whitney GTF-powered narrowbody.
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NewsGECAS acquisition is ‘right business at right time’: AerCap chief
AerCap’s proposed $30 billion acquisition of GECAS is about “buying the right business at the right time at the right price”, the Irish lessor’s chief executive has said.
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NewsTwo Icelandair 767s to be converted to freighters in leaseback deal
Icelandair Group has reached a sale-and-leaseback agreement for a pair of Boeing 767-300ER which will be converted into freighters. The aircraft are being sold to Atlas Air Worldwide Holdings’ associated joint venture Titan Aircraft Investments. Icelandair Group says the 767s will be converted in spring next year and be re-introduced, ...
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NewsSustainability and airline success now inexorably linked: Air France chief
The rise of sustainability as a challenge for the airline industry has been accelerated by the Covid-19 pandemic, to the point where business success is inexorably linked to carriers significantly reducing their environmental footprints, in the view of Air France chief executive Anne Rigail.
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NewsCathay sees no further fleet cuts following record loss
Cathay Pacific Group does not expect to park more aircraft in long-term storage overseas beyond those already in Australia and Spain, as it looks at cargo opportunities for more aircraft types to bolster revenue.
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NewsCathay retires 34 aircraft early, parks nearly half its fleet overseas
Troubled Cathay Pacific Group took a one-time HK$2.8 billion ($361 million) impairment charge relating to the early retirement of 34 aircraft, as it discloses that nearly half of its fleet are in long-term storage overseas.
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NewsAerCap confirms GECAS talks
AerCap has confirmed it is in talks with General Electric in respect to GECAS, but notes that the outcome of the discussions “has yet to be determined”.
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NewsIcelandair returns Boeing 737 Max to revenue service
Following the lifting of the 737 Max’s grounding, Icelandair has resumed commercial flights using the Boeing narrowbody after a nearly two-year break.
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NewsDe Havilland entitled to terminate SpiceJet Dash 8 order: UK judge
Turboprop manufacturer De Havilland Aircraft of Canada was entitled to terminate a Dash 8-400 purchase agreement with Indian carrier SpiceJet after the airline stopped making payments and taking delivery of aircraft, a judge has ruled. SpiceJet originally ordered 25 of the type from Bombardier – part of a September 2017 ...
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NewsPegasus hopeful of rebound as restrictions dent late-2020 performance
Budget carrier Pegasus Airlines saw curfews and lockdowns in Turkey dent demand towards the end of 2020, but it remains hopeful of a strong traffic rebound going into the second half of 2021.
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NewsLufthansa chief says fleet and failures can offset corporate travel slump
Fleet adjustments and the failures of other airlines are likely to offset the impact of an accelerated fall in demand from business travellers in the coming years, according to Lufthansa Group chief executive Carsten Spohr.
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NewsSpirit chief bets on A320neos and A321neos for capacity growth
Spirit Airlines continues to target mid-2021 as the inflection point when its capacity returns to pre-pandemic levels and is betting on new Airbus A320neo and A321neo aircraft for its expansion plans, two executives from the carrier said during an online discussion on 3 March.
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NewsBoeing will come through ‘extremely difficult’ time: AerCap chief
AerCap chief executive Aengus Kelly believes Boeing is facing an “extremely difficult” time as it tackles problems with its 787 production programme, but he is confident the US manufacturer can resolve its issues.