Jakarta-based Lion Air ordered 56 Next-Generation 737-900ER (Extended Range) airplanes. This order, valued at more than $4.4 billion at current list prices, brings Lion Air’s combined orders for the 737-900ER to 178. Additionally, the airline acquired purchase rights for an additional 50 737-900ERs.
Philippine-based low-fare carrier Cebu Pacific has taken delivery of its first ATR aircraft, a brand new ATR 72-500. The airline inked last year two contracts with ATR for the purchase of a total of 10 ATR 72-500s, and options for 8 additional aircraft, valued at over $330 million, based upon list prices. Cebu Pacific will …
Airbus has successfully tested a fuel cells system in flight. For the first time on a civil aircraft this innovative energy source powered the aircraft’s back-up hydraulic and electric power systems. The test conducted in February is part of Airbus’ overall plans for an eco-efficient aviation industry. It supports the on-going research to evaluate the …
Airbus successfully tested fuel cells system in flight Read More »
Korean Air is expanding its A380 fleet with the purchase of three more A380 aircraft. This firm order is in addition to the five A380 aircraft ordered by Korean Air in 2003. Starting in 2010, Korean Air will introduce the A380 on high density traffic routes from Seoul to the US west coast, with subsequent …
Philippine Airlines incurred a loss of $11.3 million for October-to-December 2007, but still emerged with a profit of $11.5 million for the first nine months of its 2007-2008 fiscal year. The loss contrasted with net income of $79.5 million in the same period in 2006 The flag carrier earned $15.3 million in operating income in …
