All Orders & deliveries articles – Page 26
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News
AirAsia firmly rejects implications from Airbus bribery case
Low-cost carrier AirAsia has vehemently denied any allegations of wrongdoing after Airbus was heavily fined under a deferred prosecution arrangement over multiple charges relating to alleged failure to stop bribery. Malaysia’s Anti-Corruption Commission says it is “already investigating the matter” and is “in touch” with UK authorities. The charges against ...
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News
Court describes ‘endemic’ bribery aimed at securing Airbus orders
Judicial authorities overseeing a deferred prosecution arrangement with Airbus have described as “endemic” the bribery linked to its commercial aircraft and defence divisions, as details emerged of activities scrutinised by fraud investigators. Airbus has agreed to pay a €3.6 billion fine to settle multiple investigations from French, UK and US ...
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News
Airbus fraud investigation ‘remains active’ as penalty details emerge
Airbus has entered deferred prosecution arrangements with French, UK and US authorities as part of its €3.6 billion settlement of long-running investigation into allegations of corruption. The company will pay nearly €2.1 billion under a French agreement with the Parquet National Financier, plus €991 million to the UK authorities, and ...
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News
China trade tensions drove Boeing’s 787 rate-cut decision
Boeing’s decision to reduce 787 production to 10 units per month from early 2021 has been driven largely by lower orders from China as well as a reduced near-term requirement for widebody replacements. Announcing the move on 29 January, Boeing said output would remain at that level until 2023 when ...
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News
SkyWest orders 20 E175s
The parent company of US regional operator SkyWest Airlines has ordered 20 Embraer E175 jets, with deliveries expected to commence in the second half of the year. The deal is valued at $972 million, and is already included in Embraer’s 2019 fourth-quarter backlog, the airframer states in a media release. ...
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News
Airbus talks up A220’s regional credentials as NAC firms order
Nordic Aviation Capital has firmed up its order for 20 Airbus A220-300s, prompting the manufacturer to highlight the aircraft’s relevance in the regional aviation market. Regional aircraft lessor NAC had signed a memorandum of understanding for 20 A220s in June 2019. Airbus chief commercial officer Christian Scherer states that NAC’s ...
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Opinion
Airbus wins the contest that never was
What’s wrong with a duopoly? Well, when one of the two protagonists drops out, it turns into a monopoly.
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News
China Aircraft Leasing orders 40 A320neos
China Aircraft Leasing has placed an order for 40 Airbus A321neos. The lessor states in a stock exchange disclosure that the aircraft will be delivered in stages up to 2026. Chief executive, Mike Poon says: “We see enormous market appetite for this single-aisle aircraft with lower operational cost, and the ...
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Analysis
Airliner deliveries soar to 13,000 aircraft through 2010s
Shipments rise through 10-year period but Boeing 737 Max crisis dampens decade-end peformance
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News
CALC receives two 787s converted from 737 Max orders
China Aircraft Leasing has received two Boeing 787s, converted from earlier orders for 737 Max aircraft. The lessor says these are the first widebody aircraft in its orderbook. They were delivered to an Asian airline last month and this month, in line with earlier expectations that these would arrive by ...
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In depth
Max effect drags down overall sales and deliveries in 2019
Boeing’s pain across both orders and production significantly impacts overall metrics in the mainline airliner sector
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News
Airbus still burdened by end-of-year delivery rush
Airbus deliveries for the final month of last year indicate that the airframer has yet to restore the smooth production rates it achieved in the first half of the decade. While December has typically been relatively busy in terms of Airbus output, it managed to keep the proportion of deliveries ...
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News
BRA axes A220 order but plans E190 wet-lease
Scandinavian carrier Braathens Regional Airlines has axed a long-standing order for Airbus A220s, and plans to wet-lease Embraer 190s for regional jet operations. BRA evolved from the merger of Malmo Aviation with other carrier operations and inherited the order for 10 Bombardier CSeries jets originally placed by Malmo in 2011. ...
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News
Hong Kong Airlines and Synergy among 33 A350 cancellations
Airbus has revealed cancellations for 33 A350s, all the -900 variant, in its end-of-year backlog revision. Analysis of the airframer’s figures indicate eight aircraft have been struck from Hong Kong Airlines, whose A350 commitment has fallen from 13 to five – three of which have already been delivered. Synergy Aerospace ...
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News
Airbus reveals order for 40 A330neos
Airbus has revealed an order for 40 A330neo jets was placed in the last month of 2019, helping to lift the re-engined type’s net total for the year. The order, placed on 23 December, is attributed to an unidentified customer. Airbus’s full-year backlog data shows that the agreement is for ...
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News
Airbus achieves 768 net orders, 863 deliveries, for 2019
Airbus has disclosed that it took 768 net orders last year and delivered a total of 863 aircraft, up on the previous year’s 800. The deliveries included 112 A350s – of which 25 were the larger -1000 variant – plus 53 A330s and eight A380s. It says the 173 long-haul ...
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News
BOC Aviation orders 18 A320neos
BOC Aviation has placed an order for 18 Airbus A320neo family aircraft, scheduled for delivery in 2022 and 2023.
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News
SMBC places A321neo with Air Busan
SMBC Aviation Capital has placed one A321neo with South Korean low-cost carrier Air Busan. The aircraft comes from the lessor’s orderbook and will be powered by CFM International Leap engines. It is scheduled for delivery in February 2021. Cirium fleets data shows that SMBC has 35 A321neos in its orderbook, ...
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News
Southwest and Boeing agree to terms on damages from Max grounding
Boeing has agreed to compensate Southwest Airlines for a portion of projected financial damages from the grounding of the global 737 Max fleet, the Dallas-based airline discloses 12 December.