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Middle Eastern carrier Etihad Airways is ordering another three Boeing 777 twinjets, while an unidentified customer has cancelled an agreement for eight 787s.
International Lease Finance Corporation (ILFC) aims to firm up its memorandum of understanding with Airbus in the coming weeks for 100 A320neos, and is also holding talks with CFM International about its Leap X engine to power some of the aircraft.
Airbus forecasts that the Asia Pacific will become the world's biggest market for airliners in the next 20 years, with carriers in the region taking delivery of 8,560 new aircraft worth $1.2 trillion.
Airbus suffered a raft of additional order cancellations in February, with 31 orders disappearing, of which almost half affected the new A350XWB twin-widebody.
The Jet Aviation fleet of managed aircraft in Asia has been given a 60% growth boost with the addition of six new aircraft to the fleet.
Airlines seemed well positioned just a few months ago to absorb higher fuel costs, which were forecast to rise through 2011 along with rising crude oil prices. Of course, that was barring any shocks to the system. Now all bets are off, with oil supplies in Libya and some other oil-producing countries at varying degrees of risk and crude oil prices at their highest level in two years.
Libyan carrier Afriqiyah Airways has ordered its first Airbus A321s, after converting three previous orders for A320s.
Revenues at Berkshire Hathaway’s “other services” segment–which includes fractional jet provider NetJets and flight-training company FlightSafety International–climbed by $770 million (up 12 percent year-over-year), to $7.4 billion, according to the company’s 2010 financial results, released on Saturday.
Aer Lingus expects its operating profit to come in significantly below last year’s level in 2011 if current fuel prices persist.
AirAsia's long-haul subsidiary AirAsia X has ordered three Airbus A330-200s, to be delivered from 2014.
Brazil's Gol is confident of further profitability improvements in 2011 even under a scenario of escalating oil prices.
UK airports operator BAA has reported a full-year pre-tax loss of £316.6 million ($511.1 million), a 61% improvement over the £821.9 million pre-tax loss incurred in 2009.
Japanese low-cost carrier Skymark Airlines signed a contract firming up an order for four Airbus A380s Feb. 18 in Toulouse (Aviation Daily, Feb. 17).
Rolls-Royce, the global power systems company, has won a $2.2bn TotalCare® long term services contract from Emirates, covering Trent engines for 70 Airbus A350XWB aircraft. The agreement will bring the airline’s Rolls-Royce powered fleet of 128 aircraft, in service and on order, under TotalCare® arrangements.
Rolls-Royce's civil aerospace division has reported a 20% fall in underlying profit in 2010, as its earnings were dented by last November's Trent 900 failure on a Qantas Airways Airbus A380.
Airliner net orders came in at 286 in December as 318 new orders were offset by 32 cancellations, with another 27 swaps.
ATR believes rising jet fuel costs, aging fleets and its new and reconfigured turboprops are opening the door for the aircraft maker to land some deals with U.S. carriers, CEO Filippo Bagnato says, although he is not predicting the signing of any new agreements soon.
Startup Senegal Airlines wants to increase the size of its fleet in the next two years as it looks to expand its route structure into Asia and Europe.
JetBlue Airways and South African Airways want to expand their partnership to include code-sharing, starting this month.