Orders & deliveries – Page 16
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NewsAirbus commercial aircraft earnings improve over first quarter
Airbus’s commercial aircraft earnings improved over the first quarter, despite a 4% fall in revenues for the division. The airframer turned in EBIT earnings of €343 million ($416 million) for the three months to 31 March, on revenues of €7.27 billion. Its adjusted EBIT reached €533 million, compared with the ...
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NewsAzerbaijan’s Silk Way signs for five Boeing 777 freighters
Silk Way West Airlines has placed an order for five Boeing 777 Freighters, the Azerbaijani carrier’s first commitment for the long-haul twinjet.
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NewsAir Cairo receives its first A320neo
Air Cairo has taken delivery of its first Airbus A320neo, which joins the Egyptian low-cost carrier’s all-Airbus fleet of seven aircraft.
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NewsLessor DAE places $1.8 billion order for 15 737 Max jets
Middle Eastern lessor Dubai Aerospace Enterprise (DAE) has placed an order 15 Boeing 737 Max 8 aircraft, its first direct order of the type from the airframer.
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NewsGA Telesis orders more 737-800 converted freighters
Commercial aviation industry services specialist GA Telesis is ordering another four Boeing 737-800SF converted freighters, the modified airframe developed by Aeronautical Engineers. The agreement covers three conversion slots in the second half of this year, and one reserved for early 2022. Alabama-based conversion centre Commercial Jet Services, a partner of ...
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NewsSlip in Airbus order total illustrates 12-month impact of crisis
Analysis of Airbus backlog data over the year since the onset of the air transport crisis shows the airframer’s overall orders fell during the period, an extraordinary contrast to its strong annual performances over the previous decade. Airbus’s order total had risen each year by an average of over 1,000 ...
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NewsBelavia starts 737 fleet renewal with delivery of first Max
Belarusian flag-carrier Belavia has taken delivery of its first Boeing 737 Max, one of five of the re-engined type intended for the airline’s fleet. The Max 8 aircraft (EW-528PA) arrived in Minsk on 8 April, having flown from Seattle via Reykjavik. It was acquired through US lessor Air Lease under ...
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NewsAirbus reveals order for 20 A220s
Airbus has revealed that an undisclosed customer has ordered 20 A220-300s, while lessor Avolon has signed for eight A320neo-family jets. The agreements in March bring the airframer’s gross order figure to 39 aircraft for the first quarter of this year. But cancellation of eight single-aisle jets – five A320neos and ...
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NewsMNG opts for A330-300 freighter conversions after dropping A330-200Fs
Turkish carrier MNG Airlines has signed up for two Airbus A330-300 converted freighters, having previously abandoned orders for new-built A330-200Fs. MNG Airlines has contracted with joint-venture conversion specialist EFW for the two passenger-to-freighter aircraft, the first of which has been newly inducted to EFW’s Dresden facility for modification. This aircraft, ...
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NewsRomanian budget carrier Blue Air starts receiving 737 Max 8s
Romanian operator Blue Air has started taking delivery of Boeing 737 Max jets, with the first of a batch introduced from US lessor Air Lease. Blue Air unveiled an order for six 737 Max 8s during the Paris air show in 2017 and, at the time, stated that it would ...
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NewsGECAS-Air China A320neo sale stemmed from prior lease agreement
GECAS’s deal to sell 18 Airbus A320neo-family aircraft to Air China, disclosed on 18 March, stemmed from a previous agreement with the carrier to lease the aircraft, Cirium understands.
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NewsAir China strikes deal with GECAS unit to acquire A320neos
Air China has disclosed plans to acquire 18 Airbus A320neos from GECAS subsidiaray AFS Investments.
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NewsAerCap agrees acquisition of US lessor GECAS
Leasing giant AerCap has agreed to acquire US lessor GECAS, creating a leviathan with over 2,000 aircraft and more than 900 engines as well as 300 helicopters. AerCap says it has entered into a “definitive agreement” – unanimously approved by the companies’ boards – under which General Electric will receive ...
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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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NewsNorwegian mass cancellation pushes Airbus into negative net orders
Airbus has newly-recorded cancellations of 92 aircraft, pushing the airframer far into negative net order territory after the first two months of this year. The cancelled aircraft comprise a pair of A350-900s plus 59 A320neo and 30 A321neo jets. Scandinavian budget carrier Norwegian accounted for almost all of the single-aisle ...
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NewsSaudia eyes 70-jet acquisition including 777s and A321s: Saudi outlet
Saudi Arabian flag-carrier Saudia is intending to acquire up to 70 aircraft including long-haul Boeing and single-aisle Airbus jets, according to local financial publication Maaal. The Saudi outlet, citing its own sources, claims Saudia is looking to purchase Boeing 777s and 787s as well as Airbus A321s. Saudia had previously ...
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NewsAirbus encouraged by rising export-credit support for deliveries
Airbus is encouraged by evidence of increasing engagement with export-credit agencies to support aircraft deliveries. Chief financial officer Dominik Asam, speaking during an 18 February briefing, said the airframer was trying to “resuscitate” export-credit financing, stating that the proportion of deliveries with such support has risen to 10% from 2% ...
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NewsAirbus strives for break-even on A220 and low-rate twin-aisles
Airbus is intending to achieve break-even on its twin-aisle programmes at the reduced rate of production, while it acknowledges that a shift in demand mix puts increased pressure on its loss-making A220 lines.
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NewsAirbus aims to match last year’s commercial aircraft delivery figure
Airbus is aiming to achieve at least the same number of commercial aircraft deliveries this year as the 566 it managed over the course of 2020. Its commercial aircraft operation generated a full-year earnings loss of €1.33 billion ($1.6 billion), after a 37% fall in revenues to €34.2 billion, contrasting ...
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NewsAirbus lines outside Europe delivered most aircraft in January
Airbus’s delivery figures for January were unusual because, as a result of the air transport crisis, the majority of aircraft were handed over from its non-European final assembly lines. The airframer has five sites with assembly lines – in Toulouse, Hamburg, Tianjin, Mobile and Montreal – with the two European ...