1 March 2021

Norwegian cancels major aircraft order and books US$1.5 billion charge

Financial, Top Stories

Having secured bankruptcy protection in both Norway and Ireland in 2020, low-cost carrier Norwegian Air (Norwegian) has taken a NEK12.8 billion (US$1.5 billion) charge and cancelled its current order of 88 narrow-body Airbus jets. Last year Norwegian cancelled its remaining orders for 97 aircraft with Boeing, while also seeking compensation from the planemaker for the […]

Norwegian cancels major aircraft order and books US$1.5 billion charge Read More »

Austrian Airlines sells three Boeing 767s to U.S. company MonoCoque Diversified Interests (MDI)

Aircraft & Engines

Austrian Airlines has found a buyer for its three long-haul aircraft that were up for sale. The Boeing 767-300ER aircraft will go to U.S. company MonoCoque Diversified Interests (MDI). The purchase agreement has already been signed. The parties have agreed not to disclose the purchase price. The first aircraft, registered OE-LAT, will leave Vienna at

Austrian Airlines sells three Boeing 767s to U.S. company MonoCoque Diversified Interests (MDI) Read More »

JetBlue

JetBlue takes delivery of first Airbus A321neo aircraft featuring reimagined Mint

Aircraft & Engines

JetBlue has formally taken delivery of its first Airbus A321neo aircraft configured with the airline’s reimagined premium Mint® experience and an all-new onboard layout, featuring comfort and connectivity perks that set the airline apart from other U.S. carriers. The aircraft arrived at JetBlue’s home at New York’s John F. Kennedy International Airport (JFK) on February

JetBlue takes delivery of first Airbus A321neo aircraft featuring reimagined Mint Read More »

CAS purchases new Hydraulics Universal test stand

MRO & Production

Certified Aviation Services (CAS) has purchased a new Series 920 Universal Independent Dual System Hydraulic test stand. The Series 920 stand is manufactured by A&P Hydraulics based in Landrum, South Carolina. The Series 920 stand features 80gpm, 5,000psi independent dual systems which will be utilized to test hydraulic components such as thrust reverser actuators, servos,

CAS purchases new Hydraulics Universal test stand Read More »

BOC Aviation signs purchase-and-leaseback agreements with IndiGo for eight A320neo aircraft

Aircraft & Engines

BOC Aviation Limited (BOC) has signed purchase-and-leaseback agreements with InterGlobe Aviation (IndiGo) for eight new Airbus A320neo aircraft powered by CFM Leap engines. The aircraft are scheduled to be delivered in the second half of 2021. Mr. Riyaz Peermohamed, Chief Aircraft Acquisition & Financing Officer, IndiGo, said: “We are pleased to further strengthen our existing

BOC Aviation signs purchase-and-leaseback agreements with IndiGo for eight A320neo aircraft Read More »

IBA sees sustained growth in freighter aircraft demand but suppressed values

Other News

Demand for freighter aircraft continues to grow strongly as a result of Covid-19, but values and lease rates remain suppressed by an oversupply of feedstock aircraft, according to leading aviation industry consultant IBA. Since May 2020, almost 200 narrowbody and widebody aircraft have joined the worldwide freighter fleet, data from IBA’s Insight.iQ platform indicated during

IBA sees sustained growth in freighter aircraft demand but suppressed values Read More »

Stay Connected

Twitter Linkedin-in Instagram Facebook-f Youtube

Subscribe

AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
+1.778.213.8543

Twitter Linkedin
Main Menu
Main Menu

© All rights reserved

AviTrader Publications Corporation

Subscribe
Subscribe