In the next 20 years (2014-2033), according to Airbus’ Global Market Forecast, passenger traffic will grow annually at 4.7% driving a need for around 31,400 new passenger and freighter aircraft (100 seats and above) worth US$4.6 trillion. The passenger and freighter fleet will increase from today’s 18,500 aircraft to 37,500 by 2033, an increase of
Air Lease Corporation announced long term lease agreements with Sichuan Airlines (China) for two new Airbus A321-200s. Both aircraft, scheduled for delivery in the first half of 2015, are outfitted with Sharklets and powered by IAE V2533 engines. The aircraft will deliver from ALC’s order book with Airbus, adding to numerous Airbus A330, A321 and
On Monday September 15th, the first in a series of Spirit Airlines Airbus A319 aircraft was re-delivered to Spirit at Premier’s Rome, New York heavy maintenance and paint facility, with a brand new look. Spirit’s Vice President Supply Chain commented: “Spirit’s new livery is consistent with our new branding — which is fun and different, like
The A320neo Family is reaching new heights, with increased fuel burn savings per seat further improved to 20% across the entire family by 2020. The 20% fuel burn saving is achieved through Airbus’ latest cabin innovations reinforced by further engine efficiency improvements. Without compromising passenger comfort, Airbus is offering airlines the option of higher seat
Garmin International celebrated the maiden flight of the Beechjet 400A featuring the G5000 Integrated Flight Deck. This marks a significant step towards completion of the G5000 upgrade for the popular Beechjet 400A and Hawker 400XP. The G5000 modernizes the cockpit, increases aircraft utility, provides additional weight savings, exceeds NextGen requirements and solves parts obsolescence, giving
Transat A.T. has signed two agreements for the seasonal leasing of Boeing 737 narrow-body aircraft, to be provided during the winter months by Europe Airpost, a French airline that is a subsidiary of the ASL Aviation group, as well as Czech carrier Travel Service Airlines. The agreements cover the leasing of two B737-700s and two
IAG has decided to convert eight A330-200 options, previously announced, into firm orders for Spain’s flag carrier Iberia, which will become a new operator of the A330-200. The aircraft will be delivered from the end 2015 and will be equipped with GE CF6 engines. Iberia’s all Airbus fleet already includes eight A330-300s.
Airstream International Group has arranged, in collaboration with a large US based lessor, the purchase and onward lease of one ATR42-500 to Hevilift Group. MSN497, previously owned and operated by Danish Air Transport, Denmark, will be used on dedicated mining contracts in Papua New Guinea. This is the second ATR aircraft transaction that Airstream has
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing arm of GE, today announced the completion of a purchase-and-leaseback transaction with Philippine Airlines involving two new Airbus A321 aircraft. The two aircraft — one delivered in August, and the other earlier this month — will be used to expand the airline’s fleet. Philippine Airlines,
Finnair will operate its flight from Helsinki to New York on September 23rd, with an Airbus A330 using environmentally sustainable biofuel, coinciding with the UN Climate Summit taking place in New York on the same day. As a leader in the sustainable development of commercial aviation, the airline believes strongly in proactive measures to manage
