Airlines
Lufthansa Group Announces New Aircraft Order
A Lufthansa Group announced that it would be placing an order for up to 16 additional aircraft, as approved by the Supervisory Board. Deliveries are planned until 2022 for the order that is valued at a 2.1 billion Euros list price. The order is split between the two major manufacturers: Boeing and Airbus. Boeing was…
Read MoreReport: United looking to replace Boeing 767 widebody jets
United Airlines may be in the market for a big widebody purchase, with Reuters reporting the Chicago-based carrier is in talks with both Boeing and Airbus for a purchase that would help it replace the roughly 50 Boeing 767s that currently fly in its fleet. Reuters cites unnamed “people familiar with the discussions” in its…
Read MoreIran expects word from Airbus on deal soon
Iran expects to hear from Airbus in the coming days about the fate of an order for 100 planes that looks to have been wrecked by the United States’ decision to reinstate sanctions on the Islamic Republic. The deal, potentially worth about $18 billion to $20 billion at list prices, was agreed in December 2016.…
Read MoreAll-Airbus Spirit Airlines eyes a Boeing for fleet expansion
A top executive at Spirit Airlines said the carrier is shopping for new airplanes to grow its all-Airbus fleet — and a Boeing airplane is in the mix of candidates. Matt Klein, the chief commercial officer for MIramar, Florida-based Spirit, made the remarks in an interview with The Puget Sound Business Journal. “We are undergoing…
Read MoreVirgin Australia open to all Boeing 737 MAX variants
Virgin Australia is considering all Boeing 737 MAX variants as part of its order for 40 of the next generation narrowbody, group executive for airlines Rob Sharp says. The first 737 MAX in Virgin Australia colours is due to arrive in the fleet in the final quarter of calendar 2019. While the initial 2012 order…
Read MoreThe incredible history of the Boeing 737
The Boeing 737 is the best selling jetliner of all time. Through February 2018, Boeing has taken 14,545 orders for the plane. Since its debut in 1967, the 737 has become a mainstay for airlines around the world in a multitude of roles ranging from short-haul flights to work as a freighter. The Boeing 737…
Read MoreTurkish Airlines to buy 50 planes from Airbus, Boeing
TURKISH Airlines has confirmed plans to buy at least 50 wide-body aircraft from Airbus and Boeing, as the flag carrier ramps up its ambitions ahead of a move to a new Istanbul airport. The company said in a statement late yesterday that it has agreed to buy 25 Boeing B787-9 aircraft, known as the Dreamliner,…
Read MoreHawaiian Airlines Orders 10 Boeing 787-9 Dreamliners
Hawaiian Airlines made a surprise announcement that it had just entered into a contract with Boeing to purchase 10 Boeing 787-9 Dreamliners. The airline will be getting its new planes from Boeing instead of Airbus. The value of this purchase at list pricing is about $2.82 billion USD. The airline has also taken an option…
Read MoreBoeing upbeat on Indian market, sees huge growth
Dinesh Keskar, Senior V-P, Boeing Commercial Airplanes Upbeat on the India aviation market growing at a hectic pace, aerospace major Boeing has predicted a huge potential for addition of new aircraft over the next 20 years. Dinesh A Keskar, Senior Vice-President, Sales Asia Pacific, Boeing Commercial Airplanes, said the Indian domestic aviation market has been…
Read MoreIndia will need 1,750 new aircraft over 20 years – Airbus
Airbus has forecast that air passenger traffic in India will grow exponentially over the next 20 years, as fast as the world average, and the country will need 1,750 aircraft to meet this demand. The projections were made by top officials of the European plane maker at a media conference on the sidelines of the…
Read MoreIran Air Expects First Boeing Delivery and Outlines New Routes
With 15 Boeing 777-300ERs on order, Iran Air expects to receive its first long-haul aircraft this July, if U.S. officials do not interfere with the order. The airline made headlines last April when it almost received its first 777 a year early because of Turkish Airlines deferring one of its ordered 777s. The aircraft, however,…
Read MoreIn today’s aviation world, small is beautiful
The economics of Boeing’s new midmarket plane — a model informally dubbed the 797 that would carry 225 to 275 people over shorter ranges than the similar-sized 787 — could be “superb,” said Qantas Chief Executive Officer Alan Joyce. If you want to start a bitter debate among people in the aviation industry, don’t ask…
Read MoreAirbus woos Air New Zealand with new plane
Airbus’ new A350-1000 will visit Auckland this week to show off the French giant’s latest development in wide body aircraft manufacturing. While media and the public will relish the visit, Airbus’ goal is to woo Air New Zealand bosses who in the market for new aircraft. To date, the national carrier has shunned Airbus in…
Read MoreTurkish Airlines Announces Big A350 Order
Turkish Airlines has signed a non-binding agreement with Airbus on a potential order for 25 A350-900 mid-size wide-body long-haul aircraft. The agreement was signed at the Élysée Palace, Paris, during Turkish President Recep Tayyip Erdogan’s official visit to France. The A350 XWB is an all new family of mid-size wide-body long-haul airliners shaping the future…
Read MoreDelta Chooses Airbus Over Boeing in $12.7 Billion Jet Deal
Delta Air Lines Inc. ordered 100 of Airbus SE ’s A321neo jetliners, a deal with a list value of $12.7 billion, in a major victory for the European planemaker over Boeing Co. Deliveries of the single-aisle planes will begin in early 2020 and the transaction includes options for an additional 100 aircraft, Delta said in…
Read MoreIran Air Looks For New Ways To Fund Orders For $44B Of Boeing And Airbus Jets
Iran’s largest airline may be forced to turn to domestic banks to finance the large number of new planes it is buying from Airbus and Boeing, amid continued reluctance by international banks to enter the Iranian market. Some Iranian carriers had previously looked to secure financing deals through international leasing firms to support the purchase…
Read MoreWizz Air Wins Aviation 100 European Airline of the Year
Wizz Air, the largest low-cost airline in Central and Eastern Europe, last week won the Aviation 100 ‘European Airline of the Year’. The award was received by Owain Jones, Wizz Air’s Chief Corporate Officer, at the Airline Economics Growth Frontiers London 2017 conference gala dinner in London. Aviation 100 praised Wizz Air for its outstanding…
Read MoreThe Dubai debacle
It was a bolt from the blue for the Airbus team when the expected orders for the Gulf carrier Emirates fizzled out in public The trail of disturbance left on water surface by a ship is known as wake. It is no different in the air; only that it is largely unseen and is complicated…
Read MoreAirbus Forecasts 2677 Aircraft for Latin America over Next Two Decades
From 2017 to 2036, Latin America and the Caribbean will need 2,677 new passenger and freight aircraft to meet rising demand, according to the latest Airbus Global Market Forecast (GMF). Valued at US $352 billion, this demand accounts for 2,084 single-aisle and 593 twin-aisle aircraft. This implies that the region’s in-service fleet will more than…
Read MoreBoeing receives order from Avolon for 75 jets, possibly 20 more
Chinese-owned aircraft leasing company Avolon has firmed up an order for 75 Boeing airplanes and may order 20 more, its parent Bohai Capital said on Sunday. The Dublin-based leasing group, founded by Chief Executive Domhnal Slattery, agreed to buy 55 Boeing 737 MAX 8 aircraft and 20 of the higher-capacity Boeing 737 MAX 10, Bohai…
Read More