Air Transport Aircraft & Propulsion
Aug 08, 2007
Chinese airlines are expected to expand their collective fleet by 12% annually and reach 1,550 aircraft by 2010, a CAAC source revealed. China's registered fleet numbered 1,039 at the end of 2006, up 15.6% from the year before. As competition increases in the domestic market, Chinese airlines typically are looking to solidify or enhance their competitive positions through aircraft purchases (ATWOnline, July 13).
Aug 08, 2007
Cathay Pacific Airways exercised options on five GE90-115B-powered 777-300ERs, increasing its commitment to the model to 23 aircraft. The conversion is part of CX's December 2005 order for 16 (with 12 directly purchased from Boeing and four leased from ILFC) plus 20 options. Last year it exercised rights for two more aircraft (ATWOnline, June 2, 2006). Its first -300ER will be delivered next month and it will have five by year end. They will be introduced on the Hong Kong-New York JFK route from Nov.
Aug 07, 2007
ABX Air yesterday agreed to purchase a 767-200ER from Air China and convert it to a freighter for long-haul international operations. The Wilmington, Ohio-based cargo carrier projected the total cost to purchase, modify and put the aircraft into revenue service at approximately $23 million. ABX primarily operates as a DHL subservice carrier in the US but is eager to grow non-DHL operations outside North America.
Aug 06, 2007
Boeing enjoyed a strong week last week with orders from Air New Zealand, WestJet and Ukraine's AeroSvit Airlines. ANZ is continuing to orchestrate the replacement of its 747-400s, placing a firm order for four 777-300ERs plus three options. The deal represents the conversion of price rights that were part of the carrier's 2004 order for up to 52 long-haul aircraft.
Aug 06, 2007
Air France KLM Group subsidiaries Regional and KLM Cityhopper last week placed a joint order for 20 E-170/190 aircraft plus 18 options. The group said the combined order "will lead to substantial synergies both in the purchasing of aircraft, engines and spare parts and in fleet management, operational maintenance and crew training." Regional will take six 170s and four 190s and Cityhopper will take 10 190s and replace its oldest F100s. Deliveries are scheduled between 2008 and 2011.
May 05, 2014
Spring Airlines is planning to launch an initial public offering (IPO) on the Shanghai Stock Exchange to raise funds for fleet expansion.
May 05, 2014
IATA has awarded Airbus ProSky, the air traffic management (ATM) subsidiary of Airbus, a contract to develop an Asia-Pacific (APAC) Air Traffic Flow Management (ATFM) Implementation Strategy to support the collaborative efforts of key aviation states.
May 02, 2014
Lufthansa is considering operating a separate Airbus A340-300 unit on selected long-haul routes to be able to offer lower fares.
May 01, 2014
German investor Intro Aviation—which has finalized the acquisition of Irish regional CityJet and its subsidiary Belgium-based VLM—is looking to replace its fleet of Avro RJ85 aircraft and will decide on the type “by the end of this year,” a senior executive said Thursday.
May 01, 2014
Bombardier reported first-quarter net income of $115 million, down 22.3% from a net profit of $148 million in the prior-year period, on essentially flat revenue of $4.35 billion.
May 01, 2014
Central Asia-based Uzbekistan Airways is converting its two Boeing 767-300ERs into freighters to expand cargo operations from Tashkent to Shanghai Pudong, Hong Kong and Guangzhou.
Apr 30, 2014
Ryanair has agreed to purchase five additional Boeing 737-800s, adding to its current order book of 175 of the type, which it finalized at the Paris Air Show.
Apr 30, 2014
Norwegian Air Shuttle has warned it may shelve plans for its Irish-based international subsidiary Norwegian Air International (NAI) and postpone orders for 20 Boeing 787s if US approval for planned transatlantic operations is not granted soon.