Fleets – Page 61
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Airline BusinessAirline Business Index shows industry recovery stalling in Covid-hit start to 2022
The latest Airline Business Index shows the global airline industry’s progress towards its pre-Covid size stalled during the first quarter of 2022, as the Omicron variant of Covid-19 weighed on the performance of most markets.
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NewsEthiopian Airlines emerges as customer for more 777Fs
Ethiopian Airlines has emerged as the customer behind an order for five Boeing 777 freighters previously attributed to an unidentified operator. The African carrier is already a 777F operator, having previously ordered eight directly from the airframer. Ethiopian Airlines chief Mesfin Tasew says the additional jets will enable the airline ...
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NewsComplex capacity demands leave Finnair juggling summer aircraft leases
Finnair is to augment summer capacity this year by leasing an Airbus A320 from Danish specialist DAT – having previously agreed to lease out some of its own short- and long-haul aircraft for the season. DAT will operate the twinjet on Finnair’s route from Helsinki to Copenhagen in June, and ...
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NewsAvianca Cargo to lease A321 freighters from US operator Global Crossing
Latin American operator Avianca is to capitalise on Airbus A321 converted freighter capability with an agreement to lease or charter up to five aircraft from Global Crossing Airlines Group. Global Crossing will provide an initial A321 freighter – the first to be operated by a US carrier – to support ...
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NewsIndia’s Akasa unveils first painted 737 Max
Indian start-up carrier Akasa Air has unveiled its first Boeing 737 Max in the airline’s livery. The orange-purple colour scheme on the jet (VT-YAA) features a stylised ‘A’ on the fin, with the design inspired by birds, an aircraft wing, and the sun. Akasa unveiled an agreement last year to ...
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NewsDelta places first A321neo into service
Delta Air Lines became the latest Airbus A321neo operator on 20 May when Delta flight 1202 departed Boston Logan airport, bound for San Francisco International.
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NewsEasyJet eyes growth at slot-constrained airports through A319 up-gauge
Low-cost carrier EasyJet is citing its ability to up-gauge from smaller Airbus A319s as providing an opportunity to lift capacity in the coming years as part of its strategy of growing at slot-constrained airports.
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NewsIAG single-aisle renewal ends uncertainty over 737 Max commitment
IAG’s decision to order a combination of Boeing 737 Max 10s and Max 8-200s puts an end to scepticism as to whether a tentative agreement for 200 aircraft, three years ago, would survive crises affecting the Max and the broader air transport industry, as well as changes of IAG management. ...
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NewsSIA tweaks 777-300ER plans to compensate for 777-9 delay
Singapore Airlines does not expect its growth plans to be greatly affected by delays with the Boeing 777-9 programme, while its 737-800s will serve until 2024-26.
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NewsNorthern Pacific Airways to wet-lease aircraft when it launches
Start-up US carrier Northern Pacific Airways, which intends to begin flights later this year, has applied with US authorities to fly between the USA and two Asian countries, initially using jets wet-leased from another carrier.
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NewsSurf Air to become public company, acquire Southern Airways
US aviation company Surf Air Mobility has unveiled plans to both become a publicly traded company and to acquire regional US carrier Southern Airways.
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NewsTurkish Airlines agrees to purchase six A350s
Turkish Airlines has disclosed that it intends to purchase six Airbus A350-900s, which will be delivered over the course of this year and next. The airline has not elaborated on the decision, which it confirmed to the Istanbul stock exchange. Turkish Airlines has 20 A350-900s on direct order of which ...
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NewsAerCap takes $2.7bn charge over aircraft and engines leased to Russia
Lessor AerCap has taken a pre-tax charge of $2.7 billion in write-offs and other impairments relating to the inability to retrieve 113 aircraft leased to Russian carriers. AerCap says it has recognised a “total loss” on assets that remain in Russia and Ukraine, and taken impairments on the assets it ...
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NewsSMBC acquiring Goshawk to create lessor with over 700 aircraft
Japanese-owned SMBC Aviation Capital is to acquire fellow Irish-based lessor Goshawk Aviation under a transaction valued at $6.7 billion. It will create the second-largest lessor worldwide in terms of aircraft numbers, and the largest to be owned by Japanese interests. SMBC will take over Goshawk following an agreement with NWS ...
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NewsRyanair predicts summer capacity and peak fares will exceed pre-crisis levels
Budget carrier Ryanair is aiming to reach a fleet of 70 Boeing 737 Max 8-200s for the summer peak, up from the previous target of 65, as it seeks to deploy summer capacity 15% above the pre-crisis level of 2019. It is “cautiously optimistic” that the summer fare peak will ...
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NewsNorwegian chief says rest of year is ‘cost game’ after Q1 disappointment
Scandinavian airline Norwegian is hoping to benefit from improved economies of scale during 2022 after a ‘disappointing’ first quarter of the year.
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NewsOver half of Emirates A380s have returned to service
Middle Eastern carrier Emirates had returned more than half of its Airbus A380 fleet to service by the end of the financial year in March, having already restored full Boeing 777 operations. Passenger seat capacity for the company over 2021-22 was around 56% down on pre-crisis levels, according to the ...
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Airline BusinessEasyJet and others act to ensure ‘operational resilience’
EasyJet’s announcement this week that it would be removing six seats from its Airbus A319 jets might seem counterintuitive for a low-cost carrier, but it reflects creative thinking as the sector tackles a troublesome staffing shortage.
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NewsCargojet turns to IAI for freighter conversion of 777-300ERs
Canadian operator Cargojet has signed for conversion of four Boeing 777-300ERs into freighters, through an agreement with Israel Aerospace Industries. The Israeli firm has been developing a freighter modification for the twinjet type, a programme initiated in co-operation with US lessor GECAS – since acquired by AerCap. Cargojet is taking ...
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NewsDAE starts filing insurance claims after writing off unretrieved aircraft in Russia
Middle Eastern lessor Dubai Aerospace Enterprise has started filing a series of insurance claims over aircraft abandoned to Russian operators. The lessor has disclosed an asset write-off amounting to $576.5 million for the first quarter, as a result of seizure of aircraft by the Russian government in response to air ...