Swedish hybrid-electric airplane maker Heart Aerospace and U.S. charter carrier JSX have signed a Letter of Intent (LOI) for the purchase of 50 of the Swedish company’s regional ES-30 airplanes, with an option for an additional 50. JSX, which was launched in 2016, is now the biggest public charter carrier in the U.S., operating point-to-point
easyJet has confirmed a firm order for 157 additional A320neo-family aircraft following shareholder approval. The firm order comprises 56 A320neo and 101 A321neo aircraft and also includes the upsizing of an existing order for 35 A320neos into the larger A321neo. The agreement is part of easyJet’s fleet renewal and up-gauging plan and is also bringing
Boeing and the Lufthansa Group have announced a landmark 737 MAX order for up to 100 jets that will see Europe’s largest airline group restore the Boeing 737 family into its fleet. The commitment includes a firm order for 40 737-8 airplanes with 60 options. “It is a good strategic decision for the Lufthansa Group
In November 2023 Finnair executed a rights issue of €570 million. Thanks to the strengthened balance sheet and cash funds resulting from the rights issue, Finnair has now purchased six previously leased A321 aircraft from BOC Aviation. Finnair will spend in excess of €200 million on the transaction and its positive impact on both profit
IBA, a leading aviation market intelligence and consultancy company, has released an overview of OEM performance in 2023. It shows that, while some OEMs will reach their targets, others are set to fall short due to quality issues and production setbacks. Dr Stuart Hatcher, IBA’s Chief Economist and ISTAT Certified Senior Appraiser, used IBA
Air Corsica, Corsica’s leading air transport operator and ATR have confirmed a firm order for two ATR 72-600 aircraft placed initially at the Paris Air Show. Air Corsica has completed the full transition of its fleet of ATR-500 series to the latest generation of turboprop aircraft, demonstrating its commitment to operational excellence, regional connectivity and
Griffin Global Asset Management (Griffin) and Bain Capital through their joint venture have agreed to purchase and lease-back ten Boeing 737-8 aircraft to Air India Express, a subsidiary airline of Air India. The first aircraft was delivered in November 2023 and the remaining nine are to be delivered throughout the remainder of the fourth quarter
Azul Linhas Aereas (Azul) has disclosed a firm order for four additional Airbus A330-900 aircraft from a purchase agreement signed in June 2023. With these aircraft, the airline will expand its fleet and international route offering. The A330neo is Airbus’ latest wide-body aircraft. Powered by latest-generation Rolls-Royce Trent 7000 engines, the A330-900 is capable of
Turkish Airlines, Türkiye’s national carrier, is set to significantly expand its fleet with a substantial order of 220 Airbus aircraft. This order comprises 150 popular Airbus A321s and 70 of the highly modern and efficient A350 wide-body aircraft, including 50 A350-900s, 15 A350-1000s, and five A350F freighters. This comes on the heels of two previous
Japan Airlines (JAL) has taken delivery of its first A350-1000 from Airbus’ delivery centre in Toulouse, France. The A350-1000 is set to become the airline’s new international aircraft, initially flying on the prestigious Tokyo Haneda – New York JFK route. JAL will be replacing its fleet of Boeing 777-300ERs with the new A350-1000 aircraft. The airlines’
