VietJet signs agreement with Boeing for 100 737 MAX Airplanes

VietJet signs MOU for 100 737 MAX aircraft ©Boeing

VietJet and Boeing have signed a Memorandum of Understanding at the Farnborough International Air Show for an additional 100 737 MAX airplanes. The agreement, which includes 80 737 MAX 10s and 20 737 MAX 8s, is valued at more than US$12.7 billion at current list prices. The Vietnamese low-cost carrier will become the largest MAX 10 customer in Asia once the deal is completed. VietJet plans to leverage the added capacity of the MAX 10 to satisfy surging demand on high-dense domestic routes, as well as on popular destinations throughout Asia. As part of the agreement, Boeing would partner with Read more

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Doric announce first secondary market transaction for an Airbus A380

Hi Fly A380 with "save the coral reef" livery at Aviation Cosmetics Malta ©Doric

Following many months of negotiation and preparation, Doric’s Asset Management team has announced the first ever secondary market transaction for an Airbus A380. It comes almost 11 years after the first A380’s maiden commercial flight. The lease agreement with the Portuguese wet lease operator Hi Fly for the A380 (MSN 006) began in July 2018 and has a term of nearly 6 years. Doric’s Asset Management was able to arrange a direct handover of the aircraft from the previous operator to Hi Fly. The freshly painted A380 with a special livery “save the coral reefs” and a completely refurbished cabin has been Read more

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First half 2018 sees Prague airport passenger numbers improve 10%

Václav Havel Airport Prague served 7,463,975 passengers in the first half of 2018, which means a 10% increase compared to the same period last year. As usual, the largest number of passengers traveling from Prague went to the UK. The country with the highest increase in the number of checked-in passengers was Spain and for individual destinations, it was Barcelona. The largest number of travelers over the first six months of the year flew to London, which meant a 6% inter-annual increase in the number of checked-in passengers. Paris came second, followed by Moscow, Amsterdam and Milan. The fastest growing Read more

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Aeromexico signs US$2.3 billion support agreement for LEAP-1B fleet

Mexico’s flag carrier, Aeromexico, has signed a 12-years Rate Per Flight Hour agreement with CFM Services to support a minimum of 128 LEAP-1B engines that power its fleet of Boeing 737 MAX 8 and MAX 9 airplanes. The order is valued at US$2.3 billion U.S. at list price. RPFH agreements are part of CFM Services flexible support offering. Under the terms of the agreement, CFM will support the fleet on a dollar per flight hour basis. Aeromexico, which was founded in 1934, is a long-time CFM customer and took delivery of its first CFM56-7B-powered Next-Generation 737 in 2003. Today, the Read more

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Embraer and Kenya Airways sign comprehensive spare parts support contract

Embraer and Kenya Airways announced the signing of a multi-year contract for the Embraer Collaborative Inventory Planning (ECIP) program. Under this contract, Embraer will take over the planning and replenishment of a sizeable portion of Kenya Airways’ spare parts stock covering the 15 Embraer E190 aircraft operated by the airline. ECIP is part of a suite of services that Embraer offers or has under development to support the worldwide growing fleet of Embraer aircraft through TechCare, the new Embraer platform that assembles the entire portfolio of products and solutions to deliver the best experience of services and support. Main benefits Read more

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British Airways signs commitment for three 777 airplanes

Boeing and British Airways have signed a commitment for three 777-300ER (Extended Range) airplanes. British Airways will take the 777s on an operating lease with a leasing company. British Airways is one of the world’s largest operators of the long-range jet, operating 58 777-200ER and 777-300ER airplanes across its global network. British Airways also flies 28 787 Dreamliners and more than 30 747-400s.

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easyJet raises profit forecast

easyJet, Europe’s second-largest airline has forecast that the low-cost carrier’s earnings for the fiscal year (end of September) could soar by as much as 45 percent. It puts the better-than-expected results mainly down to the demise of Monarch Airlines at the back end of last year, and continued strike action at Air France. Despite having to cancel 2,606 flights during the third fiscal quarter, a massive rise compared to 314 cancelations for the same period last year, easyJet is predicting a pre-tax profit for the 12-month period up to the end of September in the region of £550-590 million (US$720-770 Read more

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Ethiopian Airlines select as Dowty Propellers’ authorized African repair and overhaul facility

Dowty Propellers has announced an agreement establishing Ethiopian Airlines as an authorized repair and overhaul facility in Africa for propellers on Bombardier Q400 regional airliners. Under terms of this agreement, Dowty Propellers will provide training, technical data and equipment, along with support enabling Ethiopian to repair and overhaul Dowty Propellers’ R408 propeller hardware that equip the twin-engine Q400. Additionally, Dowty will supply continuous engineering and technical support for Ethiopian’s maintenance and support operations, including basing the first permanent Dowty Propellers Field Service Engineer in Africa at Ethiopian’s maintenance, repair and overhaul facility in Addis Ababa.

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Viva Aerobus firms up order for 25 A321neo, 16 A321neo

Viva Aerobus, the ultra-low-cost carrier based in Mexico, has firmed up an amendment for 25 incremental A321neo and 16 upconversions of A320neos to A321neos to their existing purchase agreement. This latest order brings the all-Airbus operator’s total orderbook to 80 A320 Family aircraft (including 15 A320ceo, 24 A320neo, and 41 A321neo) and the airline’s total backlog from 36 to 61 aircraft. Viva Aerobus has not yet decided on the engine selection and will announce it at a later date.

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Air Tanzania selects StandardAero for tailored PW150A engine maintenance solution

StandardAero has signed an exclusive five-year time-and-material contract with Air Tanzania to provide maintenance and engineering services for the Pratt & Whitney Canada (P&WC) PW150A engines powering the flag carrier’s fleet of three Q400 regional turboprops. This new contract extends StandardAero’s relationship with Air Tanzania, the company having previously provided engine support for the airline’s Q300 aircraft. Under the five-year contract, StandardAero – one of three P&WC network overhaul facilities worldwide for the PW150A – will provide scheduled and unscheduled engine maintenance from its state-of-the-art location in Singapore.

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easyJet takes delivery of first A321neo

easyJet’s first A321neo landing at the Farnborough International Air Show ©Airbus, P. Masclet,

easyJet has taken delivery of its first A321neo aircraft, marking the milestone with a flight into Farnborough International Airshow on July 18. “This is a great day in our long relationship with easyJet,” said Gaël Méheust, president and CEO of CFM International. “In the past year, they have done a great job of integrating the LEAP engine into their fleet. The A321neo, coupled with the outstanding operating economics of the LEAP-1A engine, will make this airplane a real asset for them.” In 2017, easyJet announced an agreement with Airbus to convert 30 of its existing A320neo aircraft orders to the Read more

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