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Thursday, January 6th, 2022

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Allegiant orders 50 Boeing 737 jets as part of fleet modernization programme

Allegiant Air (Allegiant), which currently operates an all-Airbus fleet of 35 A319-100s and 86 A320-200s has placed its first substantial order for brand new jets, with Boeing, for a combined total of 50 737-7 and 737-8-200 variants, with an option for a further 50 jets. Delivery will begin in 2023 and carry on through 2024 and 2025, which will allow Allegiant to retire aging jets and replace them with new jets, while also allowing the carrier to expand its fleet by a planned 10% annually.

Previously, Allegiant had grown its fleet of aircraft through the purchase of second-hand jets from other carriers, notably easyJet and Iberia from which it acquired several A319-100s and A320-200s respectively. It was not until 2015 that it purchased its first brand-new aircraft, an Airbus A320-200. The reason for the switch to Boeing aircraft as part of the carrier’s fleet modernization programme was explained by Maurice J. Gallagher, Jr., Allegiant chairman and CEO:

"Our approach to fleet has always been opportunistic and this exciting transaction with Boeing is no exception. While the heart of our strategy continues to centre on previously owned aircraft, the infusion of up to 100 direct-from-the-manufacturer 737s will bring numerous benefits for the future – including flexibility for capacity growth and aircraft retirements, significant environmental benefits and modern configuration and cabin features our customers will appreciate."

Compared to its current fleet of Airbus jets, Allegiant anticipates being able to reduce fuel use by 20%. The smaller 737-7 offers low operating costs which help to mitigate economic risk, while the larger-capacity 737-8-200 provides added revenue potential and is the perfect size for the ultra-low-cost carrier. In addition to a partnering between Allegiant and Boeing on entry-into-service support, with the Boeing jets being powered by CFM LEAP 1-B engines, Allegiant has signed a 12-year exclusive maintenance agreement with CFM for the LEAP engine fleet, which will also bring support for the existing Airbus fleet.


DAE acquired 41 aircraft, sold 30 aircraft and signed 200 lease transactions in 2021

Dubai Aerospace Enterprise (DAE) has released its business transactions update for the full year 2021 for its aircraft leasing division, DAE Capital.
DAE Capital acquired 41 aircraft during 2021 (owned 18, manged 23) and sold 30 aircraft (owned 20, managed 10). The company signed lease agreements, extensions and amendments for 200 aircraft (owned 167, managed 33) and signed four new servicing agreements, covering seven aircraft.

The fleet size of owned, managed, committed and mandated to manage was 425 aircraft at the end of 2021.

930,000 passengers chose to fly with Norwegian in December

Norwegian's monthly traffic figures for December showed that more than 930,000 passengers flew with Norwegian. This represents a significant increase compared with the same month in 2020, however, the month of December was also strongly affected by government-imposed measures and restrictions.

In December, Norwegian carried 931,917 passengers, compared with 129,664 in December 2020. The load factor was 71.3%. The carrier had an average of 48 aircraft in operation, while 99.6% of scheduled flights were operated. Punctuality was 83.8%.


TP Aerospace names Nikolaj Jacobsen as new CEO

Effective January 1, 2022, co-founder and CEO Peter Lyager will step down as executive director of TP Aerospace and transition to a non-executive position in the company’s Board of Directors. Nikolaj Jacobsen, who joined TP Aerospace as CFO in 2018, has been appointed new CEO of the company alongside President and co-founder Thomas Ibsø. Jacobsen has been with the company since 2018, first as CFO and for the last year as Group COO & CFO.

Lyager will continue to be invested in TP Aerospace as continued co-owner and will transition to Non-Executive Director in the Board of Directors from where he will continue to be involved in setting the strategic direction for TP Aerospace.

First ACJ TwoTwenty delivered to Comlux

The first ACJ TwoTwenty, launched just over a year ago, was successfully delivered to Comlux from the Airbus A220 Final Assembly Line in Mirabel, Canada. The all-new business jet will be joining the Comlux’s  facilities in Indianapolis, USA, for the VVIP cabin completion in the coming days. The aircraft is powered by Pratt & Whitney GTF™ engines and is expected to enter service with its owner, FIVE, in early 2023.

The ACJ TwoTwenty is a new and unique value proposition to business aviation buyers. Comlux has been selected as an exclusive outfitting partner for the first 15 ACJ TwoTwenty aircraft.

JetBlue promotes Dave Clark to Head of Revenue and Planning

JetBlue has named Dave Clark to Head of Revenue and Planning. In his new role, Clark will oversee JetBlue’s network strategy, operational planning and analysis and sales and revenue management. In addition, he will oversee JetBlue’s airline partnership portfolio – including the Northeast Alliance with American Airlines – as well as operational engineering and manpower planning. He will report to JetBlue President and Chief Operating Officer Joanna Geraghty.

Since joining JetBlue in May 2009, Clark has lead teams across JetBlue’s commercial organization. Since February 2017, he has served as Vice President Sales and Revenue Management, where he has been responsible for revenue optimization, ancillary strategy, distribution and corporate sales.

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Tamar Jorssen
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Email: tamar.jorssen@avitrader.com
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