Air Transport Aircraft & Propulsion
Mar 01, 2007
IT WILL BE A STEP AHEAD OF THE 787 and a generation ahead of the 777" was the bold claim by then-CEO Christian Streiff when Airbus announced its proposed A350 XWB in July. But aside from a supportive, and highly conditional, commitment from Singapore Airlines for 20 and an order in January from Pegasus Aviation Finance for two, carriers have not rushed to embrace the third iteration of the A350, which received industrial launch last Dec. 1. By then, of course, Streiff had yielded the stage to EADS Co-CEO Louis Gallois.
Mar 01, 2007
The A350 XWB will serve as the paradigm for Airbus's new operational philosophy, with 50% of its production to be outsourced as the company looks to develop a network of risk-sharing development partners as part of the Power8 restructuring plan unveiled yesterday (see story above).
Mar 01, 2007
WestJet yesterday finalized a term sheet with Singapore Aircraft Leasing Enterprise for one 737-700 and one 737-800, both to be delivered in 2009. The Calgary-based LCC plans to operate a fleet of 85 737NGs by the end of 2009 and has said it will operate 92-95 of the type by 2011.
Mar 01, 2007
Adria Airways placed an order for two 86-seat CRJ900s, becoming the aircraft's 12th customer. CEO Tadej Tufek said the CRJ900 will allow for greater capacity than its seven CRJ200s while replacing A320s on routes where "loads are insufficient to support the larger aircraft."
Mar 01, 2007
Warning that its current structure is "unsustainable and unacceptable," Airbus yesterday unveiled details of its Power8 restructuring plan, which includes 10,000 job cuts, closing or selling three plants, spinning off three others, outsourcing half of A350 XWB production (see story below) and streamlining its business to achieve a 16% increase in manufacturing productivity.
Dec 19, 2013
Finnair has signed a memorandum of understanding (MOU) with global aircraft leasing and financing company Novus Aviation Capital for the sale and leaseback of two Airbus 330 aircraft.
Dec 19, 2013
US commercial aircraft sales in 2013 are expected to reach $67 billion, an almost $5 billion improvement over 2012, and are forecast to hit $72 billion in 2014.
Dec 18, 2013
AirAsia X has placed a firm order for 25 more A330-300s. According to Airbus, the contract is the largest A330 order in a single purchase agreement and increases the carrier’s total firm orders for the type to 51.
Dec 18, 2013
Air Cote d’Ivoire, the West African state’s national carrier, has firmed a conditional purchase agreement with Bombardier for two Q400 NextGen aircraft.
Dec 18, 2013
Low-cost carrier (LCC) Norwegian Air Shuttle will acquire two Boeing 787-9s—its first of the type—and is seeking to further expand its fleet with the -9 version to bolster new long-haul operations.
Dec 18, 2013
Airbus has signed a memorandum of understanding with EGTS International, a joint venture between Safran and Honeywell Aerospace, to develop an electric pushback and taxiing solution for the A320 family without using their main engines.
Dec 16, 2013
Singapore-based regional aircraft lessor Avation has firmed up purchase options for five ATR 72-600s, valued at $120 million at current list prices.
Dec 16, 2013
Asiana Airlines’ first Airbus A380 has completed its maiden flight.