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
Australia’s Civil Aviation Safety Authority (CASA) has lifted the temporary suspension on Boeing 737 MAX aircraft operating to or from Australia. While no Australian airlines currently operate the Boeing 737 MAX, two foreign airlines flew these aircraft types to Australia before the COVID-19 pandemic – Singapore-based SilkAir (now Singapore Airlines) and Fiji Airways. Both the
Atlas Air Worldwide Holdings has signed an agreement with GE Aviation to purchase GEnx-2B engines for its four Boeing 747-8 Freighters along with a 20-year TrueChoice Overhaul agreement, which covers the time and material required to overhaul the GEnx-2B engines. The agreements are valued at more than US$800 million at list price over the life
Spirit AeroSystems Holdings (Spirit) has reported worse-than-expected results for its fourth-quarter 2020 operations, notably a 55% drop in revenue compared to the same quarter in 2019. The drop in revenue is a result of Boeing, one of its largest customers, struggling with the grounding of the 737 MAX and downturn in demand for new aircraft
After an incident over Denver at the weekend where one of the Pratt & Whitney engines on a Boeing 777 caught fire, the U.K has banned all other 777s with this engine type from entering its airspace. In turn, Boeing has advised all airlines which operate this older model of aircraft, the 777-200 and 777-300,
The U.S. Federal Aviation Administration (FAA) has announced that from January 29 this year, it has been monitoring the flights of all Boeing’s 737 MAX jets using data supplied by Aireon LLC, a traffic surveillance company. In November 2020, both Aireon and L3Harris Technologies announced a new partnership with the FAA which gave the FAA
Brazil, home to the world’s third-largest commercial plane manufacturer, has decided not to pursue its complaint against Canada over what it saw as unfair subsidies paid to rival manufacturer Bombardier. At the time of the initial complaint, Bombardier was producing the CSeries of jets, a direct competitor for Embraer’s own ERJ series. That situation changed
To date, Ryanair, Europe’s largest low-cost carrier, has launched 16 lawsuits against the European Commission in relation to state aid it has allowed for individual carriers such as Lufthansa, KLM, Austrian Airlines and TAP, as well as national schemes that mainly benefit flag-carrying airlines. Ryanair feels that what, to all intents and purposes, is financial
Germany’s Recaro Aircraft Seating has confirmed that it has signed an extension to its original 2016 contract to provide Airbus with SWIFT economy class seats, Bl3530, for the A320 Family aircraft. This contract extension will enlarge the supplier-furnished equipment (SFE) catalogue with the most up-to-date Recaro products. The SWIFT program was devised to target lessors
SAS has selected CFM International LEAP-1A engines to power its new fleet of 35 A320neo Family aircraft ordered in 2018. This agreement also includes eight spare engines. In addition, SAS has signed a Rate-Per-Flight-Hour (RPFH) support agreement with CFM to cover its new fleet of LEAP-1A engines, including spares, as well as 15 additional LEAP-1A-powered
