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Avolon, CIT announcement could happen on Friday

CIT is rumoured to be preparing an announcement this Friday regarding its sale. Rival lessor Avolon, which is owned by Chinese conglomerate HNA Group, is said to have won the bidding war for the US leasing firm, according to sources on the side of the Europe ISTAT conference. more

27/09/2016

in Lessors , News , Curated

Thai Airways narrows loss

Thai Airways posted a $83.7 million net loss in the second quarter of 2016 on falling revenues, a sharp reduction from the $368 million reported in the same period a year ago.  more

16/08/2016

in Airlines , Curated

Cebu Pacific widens profits

Cebu Pacific reported a net income of $172.6 million during the first half of 2016 as revenues grew 12% more

16/08/2016

in Airlines , Curated

Brussels eyes fleet renewal

New options for wide body aircraft are now under consideration by Brussels Airlines, which is eying connections between its European hub at Brussels and Asia including its first to Mumbai. It is already leasing another Airbus A330-200 for 2017 but expects to source additional wide body lift from Lufthansa Group, which owns 45% of the carrier. more

16/08/2016

in Airlines , Curated

Taron plans scheduled service

Armenian charter carrier Taron Avia is eyeing the launch of scheduled service later this year serving six destinations. more

16/08/2016

in Airlines , Curated

Spring Airlines halts trading

Trading in Spring Airlines A shares was suspended by the carrier August 15 owing to its failure to make a non-public issue of nearly 100 million in new shares as the share priced dropped precipitously in June. The airline indicated it would report future information before resumption of trading in 10 days.  more

16/08/2016

in Airlines , Curated

CALC bets big on the ARJ21

Hong Kong based lessor CALC placed a firm order for 30 COMAC ARJ21 regional jets at Farnborough. The lessor plans to place the aircraft with an undisclosed Indonesian carrier which CALC’s parent, Friedmann Pacific, will also invest in. The Ishka view is that CALC’s order is potentially disruptive, supporting fleet growth as signs emerge of potential overcapacity in the Indonesian market. Questions remain as to whether the ARJ21 programme will enter into service as currently scheduled. more

04/08/2016

in Lessor news , Ishka insights , Curated news

Brexit threatens Flybe’s first profit for six years

UK regional carrier, Flybe, has recorded its first full year profit since its stock market floatation in 2010. Overall, the airline recorded a pre-tax profit of £2.7 million for the period 2015/16, a 107.6% increase on the £35.6 million loss from 2014/15. more

03/08/2016

in Airline news , Ishka insights , Curated news

SMBC closes $500 million unsecured bond

SMBC Aviation Capital said its subsidiary, SMBC Aviation Capital Limited DAC, closed the sale of $500 million of its 2.65% senior unsecured notes due 2021. Proceeds will be used for general corporate purposes, which may include the purchase of aircraft and the repayment of existing indebtedness. The company also reported revenues rose 15% to more than $1 billion for its fiscal year ending March 31, 2016, when it also posted an operating profit of $530 million, up 22%. During its fiscal year its portfolio included more than $10.2 billion in assets including 297 owned and 145 managed aircraft. It completed 57 deliveries. It also concluded 45 new lease agreements, sold 27 owned and managed aircraft and added 12 new customers. Its order book now stands at 205 aircraft including Airbus A320neos, 90 Boeing 737 MAX 8s and five A321ceo aircraft.  more

21/07/2016

in Lessor news , Curated news , Aviation bonds and IPOs

Future appears bleak for Fastjet

Since Fastjet started operations in late 2012 it has struggled to breakeven. The Ishka view is that the airline faces an uncertain future until it implements some drastic changes to its operations and overhauls its network and fleet. In the absence of a strong restructuring program, the carrier could be staring at bankruptcy in the near future.  more

19/07/2016

in Airline news , News , Ishka insights , Curated news

Naft opts for 10 A320 family aircraft

Iran’s Naft Airlines will acquire 10 Airbus narrow bodies. The acquisition is part of a fleet modernization and network expansion plan for the carrier.  more

17/07/2016

in Airline news , Curated news

Shaheen in lease deal with AerCap

AerCap and Shaheen Air International have inked a deal to lease seven A319-100s. The aircraft are scheduled for upgrades and will be reconfigured to 150 seats.  more

17/07/2016

in Airline news , Lessor news , Curated news

A380 production cut raises questions over the aircraft’s future

The new, one-aircraft-per-month production rate for the Airbus A380 may be the first step in realizing operators’ greatest fears – that Airbus is abandoning the aircraft. The fact is that nearly half of the 125-aircraft backlog will go to a single airline and opportunities for other airlines to jump on board have gone wanting.  more

17/07/2016

in Curated news , Manufacturer news

Delta increases 2Q profit

The second quarter airline earnings season was kicked off by Delta Air Lines, which posted a pre-tax income of $1.7 billion, up $42 million from 2Q2015.  more

17/07/2016

in Airline news , Curated news

SriLankan Airlines seeks strategic investors

The Sri Lankan government has asked for offers from strategic investors looking to invest in both flag carrier SriLankan Airlines and low cost leisure airline Mihin Lanka. NSB Fund Management- a 100% subsidiary of National Savings Bank- Colombo Sri Lanka has invited investors to register for an expression of interest (EOI) which will be available until July 27 for a non-refundable fee of $5,000. The deadline for investors will be 24 August 2016. For further information contact [email protected]. BNP Paribas and KMPG have been appointed as the financial and transaction advisors.  more

15/07/2016

in Airline news , Curated news

Norwegian to replace 757 with A321LR

Norwegian is converting 30 of its A320neo orders to the long-range version of the A321neo for the North Atlantic routes now served by 757. The order comes as the result of Boeing’s wavering on the so-called Middle of the Market jet (MoM), which remains uncertain despite expectations Boeing would provide clarity on its plans during Farnborough. The A321LRneo can fly 4,000 nm and Norwegian plans 220 seats in its version.  more

15/07/2016

in Airline news , Curated news , Manufacturer news

Wizz Air orders GTFs for A320neos

Wizz Air will be powering its Airbus A320neos with the Pratt & Whitney PW11100G Geared Turbofan. The airline has 110 firm orders and 90 purchase rights for the A320neos. more

15/07/2016

in Airline news , Curated news , Manufacturer news

Nepal Airlines phasing out 757

Nepal Airlines is putting its remaining Boeing 757-200s up for sale. It cited higher costs than the airline’s two Airbus A320-200s delivered in 2015. It expects two more in 2017. The carrier is also considering A330s. more

15/07/2016

in Airline news , Curated news

BOC Aviation orders 18 V2500s for A320ceo aircraft

BOC Aviation has ordered 18 ship sets of the V2500 to power its new Airbus A320ceo family aircraft. It is a repeat order for the Chinese lessor from IAE International Aero Engines AG, a multinational aero engine consortium. more

15/07/2016

in Lessor news , Curated news , Manufacturer news

Fokker 100s headed to QantasLink

The first of three Fokker 100s have been placed with QantasLink by Alliance Airlines. The three aircraft had been operated by Austrian Airlines. The Fokker 100s are set to replace larger Boeing 737-800s in Western Australia.  more

15/07/2016

in Airline news , Curated news , Manufacturer news

Synergy orders 62 A320neo for Avianca fleet renewal

Avianca’s largest shareholder, Synergy Aerospace Corporation, is buying 62 A320neo family aircraft in order to renew the fleet of its Brazilian subsidiary, Avianca Brasil. The order was the subject of an MOU at the Paris Air Show. more

14/07/2016

in Curated news , Manufacturer news

Airbus to half A380 production rate

As the order drought continues, Airbus will cut the 2.5-per-month production rate for the giant A380 by more than half starting in 2018. The action follows a similar move by Boeing to cut 747-8 production to 0.5 aircraft per month beginning in September. Customers fear the A380 program will end but executives assured them the A380 “is here to stay.”   more

14/07/2016

in Curated news , Manufacturer news

Boeing chief comments on MOM aircraft

Boeing CEO Dennis Muilenberg has said Boeing is deciding between three possible scenarios regarding a new a new commercial middle-of-the- market (MOM) aircraft. The manufacturer could simply continue with its existing aircraft the Boeing 737 MAX and the 787, or create new derivatives of the MAX, such as the -10X, or else choose to create a completely new aircraft.  However he has refused to state which option he is favoring. more

14/07/2016

in Curated news , Manufacturer news

Alaska Airlines names post-merger team

Once the merger between Alaska and Virgin America is completed, Ben Minicucci will take over as CEO of the Virgin subsidiary from his current position of COO and president of Alaska Airlines. He will be joined on the management team by Peter Hunt, now Virgin’s CFO, who will assume the role of president.  more

14/07/2016

in Market moves , Airline news , Curated news

EgyptAIR orders 737-800 NGs

EgyptAIR has ordered nine 737-800 NGs. Eight of the airplanes will be financed by Dubai Aerospace Enterprise, headquartered in Dubai, United Arab Emirates. more

14/07/2016

in Airline news , Curated news , Manufacturer news

Ruili Airlines finalizes order for six 787s

Ruili Airlines has finalized an order for six 787-9s valued at $1.59 billion at current list prices. The order represents the first widebody order for the Yunnan-based carrier.   more

14/07/2016

in Airline news , Curated news , Manufacturer news

Sukhoi increases Superjet size

Sukhoi is developing a 120-seat version of its SuperJet 100, adding 20 seats to the aircraft. The move requires a new wing with a higher aspect ratio. It is also setting the range at 2000, between the two current SSJ versions.  more

14/07/2016

in Airline news , Curated news , Manufacturer news

Porter adds Q400s to order book

Bombardier and Porter Airlines announced that they have signed a firm purchase agreement for three Bombardier Q400 turboprop airliners. more

14/07/2016

in Airline news , Curated news , Manufacturer news

CALC orders 30 ARJ-21 jets

Chinese lessor, China Aircraft Leasing Group, (CALC) has ordered 30 Comac ARJ-21 regional jets with options for 30 more. The aircraft are set to be delivered over the next five years and will be used by an unnamed Indonesian airline which CALC's parent, Hong Kong-based investment firm Friedmann Pacific Asset Management intends to invest in.  more

13/07/2016

in Lessor news , Curated news , Manufacturer news

Qatar to buy 10% stake in LATAM

Qatar Airways is set to buy up to a 10% stake in LATAM Airlines Group. Qatar Airways plans to invest $613 million in the carrier. Qatar Airways is also mulling buying a stake in Italy’s Meridiana airline but Al Baker has signaled that he may walk away from the deal following problems with the airline’s unions.  more

13/07/2016

in Curated news

TUI finalizes order for 10 737 MAXs and one 787-9

TUI Group finalized an order for 10 737 MAX 8s and one 787-9. The order includes an option for one additional 787-9.With today's order, TUI Group now has three unfilled orders for 787-9s and 70 for the 737 MAX. more

13/07/2016

in Airline news , Curated news , Manufacturer news

ALC orders six 737 MAXs

Air Lease Corporation (ALC) has ordered six 737 MAX 8s.  Three of the orders are new, and three were previously attributed to an unidentified customer on the Boeing Orders & Deliveries website. With 180 airplanes now on order, ALC has the largest backlog of any Boeing leasing customer. ALC also has the largest 737 MAX backlog of any leasing customer with 118 orders. ALC co-founder Steven F. Udvar-Hazy says  ALC has lease agreements in place with seven different airlines for 737-8 MAX aircraft out of our Boeing delivery stream, starting in the fourth quarter of 2017.  more

13/07/2016

in Lessor news , Curated news , Manufacturer news

Germania Group orders 25 A320neos

Germania Group has placed a firm order for 25 Airbus A320neos. The contract was signed at the Farnborough International Airshow by Karsten Balke, CEO of Germania and S.A.T., and Fabrice Brégier, President and CEO of Airbus. Germania Group operates an Airbus fleet of ten A319s and five A321s to destinations in Europe, North Africa and the Middle East from mainly German, Swiss and UK bases. Berlin-based Germania is also the charter service provider for Airbus’ double daily flights between its largest production sites in Toulouse and Hamburg.

  more

13/07/2016

in Airline news , Curated news , Manufacturer news

Donghai Airlines signs MOI for 30 Boeing aircraft

China’s Donghai Airline said it intends to buy 30 Boeing aircraft in a deal valued a $4 billion. The agreement includes 25 737 MAX 8s and five 787-9s. The Shenzhen-based airline ordered 15 737s in 2013 and 10 737 MAX 8s. It is accelerating its fleet expansion.  more

13/07/2016

in Airline news , Curated news , Manufacturer news

Xiamen Airlines signs MOU for 30 737 MAX aircraft

China Southern subsidiary, Xiamen Airlines, signed a memorandum of understanding to purchase up to 30 Boeing 737 MAX aircraft in a deal valued at $3.39 billion. Xiamen intends to add the aircraft to its 140-aircraft fleet.  more

13/07/2016

in Airline news , Curated news , Manufacturer news

Air Asia studies Hong Kong listing

AirAsia is considering listing on the Hong Kong as part of an effort to become the region’s pan-Asian LCC by adding another joint venture to its portfolio, this time in China.  more

13/07/2016

in Airline news , Curated news

Boeing confirms technical feasibility of '777-10'

A stretch of the 777-9 is possible, said Boeing, but such a launch would, naturally depend on demand. The so-called 777X would rival the A380 in terms of range and capacity. However, the A380 is suffering from slumping sales with customers worried the program may end. more

13/07/2016

in Curated news , Manufacturer news

Airlines urge Boeing to field MOM aircraft

While Boeing mulls its options on launching it’s much talked about middle-of-the-market (MOM) aircraft, a survey shows nearly 90% of 507 passenger and cargo airlines polled favor the development. Any new aircraft would not come before the middle of the next decade although airlines are eager to put it into service before 2023. The survey also outlined the shape of the design with 60% of those surveyed favoring a twin-aisle wide-body that would not require new infrastructure demands. Respondents were split on range with about a quarter each wanting ranges from 2,000-3,000 nm, 3,000-4,000 nm and 4,000-5,000nm. A majority would remain interested even if oil remained low.  more

11/07/2016

in Curated news , Manufacturer news

Airbus mulls larger A330 to compete with 787

Airbus is contemplating a higher-weight option on the A330-900neo to make it more competitive with Boeing’s 787. The 245-tonne+ option would hopefully come without major changes. It would also have more range to make up for its 1,300 nm shortfall against the 787-9.  more

11/07/2016

in Curated news , Manufacturer news

Swiss forecasting 25% CASM savings with CSeries

Swiss International Air Lines (SWISS) is targeting a 25% savings on unit costs with its Bombardier CSeries 100/300 aircraft, CEO Thomas Klühr told ATW on board the first passenger flight of the SWISS CS100 on July 6. more

11/07/2016

in Airline news , Curated news , Manufacturer news

Farnborough may be quiet for Western manufacturers

The buzz surrounding this week’s Farnborough Air Show, the premier event this year in announcing aircraft sales, is quiet for both Airbus and Boeing suggesting future sales face headwinds and large, multi-aircraft orders are not expected.  more

11/07/2016

in Curated news , Manufacturer news

For Airbus and Boeing, the sales party could be over

The buzz surrounding this week’s Farnborough Air Show, the premier event this year in announcing aircraft sales, is quiet for both Airbus and Boeing suggesting future sales face headwinds and large, multi-aircraft orders are not expected.  more

11/07/2016

in Curated news , Manufacturer news

CSeries wing could accommodate larger variant

The wing on the current Bombardier CSeries could accommodate a larger aircraft, the much-mentioned CS500, without major changes, the manufacturer said. Dynamic tests on the current wing when “far beyond” targets.  more

11/07/2016

in Curated news , Manufacturer news

Azul plans delivery of first A320neo in 4Q

Azul plans to take delivery of its first of 63 A320neos in the fourth quarter, despite its recent fleet reduction moves. The first is expected in September for service entry in November. It is also expecting its first six to be added to the fleet by January. Its order book is a mix or orders and leases, including 35 to come from Airbus, 23 from AerCap and eight from GECAS, all to be powered by the CFM LEAP-1A.    more

11/07/2016

in Airline news , Curated news

Zimbabwe in talks on leasing Western aircraft manufacturers

Zimbabwean transportation authorities are talking with Boeing and Airbus about Air Zimbabwe’s proposed lease of aircraft even as it seeks a strategic investment partner to afford the jets. Authorities want to re-fleet the flag carrier which now operates an A320-200, two 737-200s, two 767-200ERs and an MA-60. It also has an A320-200 out of service. It is considering A330s or 787s, the 737 and regionals jets.  more

11/07/2016

in Airline news , Curated news

Chinese carriers receive 171 new aircraft in 1H 2016

Manufacturers and lessors have delivered 171 new aircraft to Chinese airlines in the first half of 2016. The deliveries include 140 narrow bodies, seven regional jets and 23 wide bodies bringing the Chinese fleet total of 2,795 aircraft.

 
more

11/07/2016

in Curated news , Manufacturer news

Virgin Australia Holdings discusses capital structure

Virgin Australia said its equity offering has been fully underwritten at $645 million. The proposed offer and a previously announced undertaking of $120 million to HNA Innovation raises gross proceeds to $765,327 in capital to strengthen Virgin Australia Group’s balance sheet, improve earnings and cash flow and provide for new growth opportunities. Having already undergone cost cutting initiatives, the Group is targeting a further cost reduction of A$300 million annually by 2020. more

11/07/2016

in Airline news , Curated news

Aviation Capital Group names White SVP

Aviation Capital Group named Carter White senior vice president – head of trading. White joins the company from its post at AWAS and succeeds Andy Mansell, who will continue to serve as ACG’s executive vice president – global head of marketing & trading.   more

11/07/2016

in Market moves , Lessor news , Curated news

US legislators pass initiative blocking Boeing’s Iran sales

The US House of Representatives approved legislation US companies from selling aircraft to Iran. Legislators approved two measures designed to deny Boeing the sale. The Senate earlier passed similar legislation and the Administration has said it will veto any such measure. The legislation would likely block engine and other component sales for both Boeing and Airbus.  more

11/07/2016

in Curated news , Manufacturer news



The Aviation Investival: Korea

21th March, 2019

The only dedicated Korean aviation investor event returns to Seoul in March 2019 with some new twists and surprises.


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