Sky Airline Signs MOU for LEAP-1A RPFH Agreement
Chile"™s Sky Airline has signed a Memorandum of Understanding for a 12-year Rate Per Flight Hour (RFPH) agreement with CFM International to support the LEAP-1A engines that will power the airline"™s new fleet of 21 leased Airbus A320neo aircraft. The agreement is valued at about $600 million U.S., including spare engines. The leased aircraft are […]
LATAM adjusts fleet commitments in line with demand
LATAM Airlines Group has grown its fleet commitments for 2018 and 2019, responding to an improving demand environment. The Santiago-based airline group now expects fleet commitments of $716 million in 2018 and $1.19 billion in 2019, up from $701 million and $1.14 billion previously. LATAM plans to add 14 aircraft and remove 10 in 2018, […]
Boeing’s ability to compete for Delta business not hampered by Bombardier trade rift
Fleet efficiency is a major lever Delta Air Lines intends to pull as it works to slash its unit costs (excluding fuel) in 2018 to 2% or lower. Next year, the airline plans to double the pace of fleet replacement, driven by more than 50 scheduled narrowbody deliveries. Delta is in the process of a […]
Lufthansa offers 250 million euros to take on most of Alitalia’s fleet, half of staff: source
Germany"™s Lufthansa (LHAG.DE) has offered 250 million euros ($294 million) to take on most of Alitalia"™s fleet of aircraft and half of its staff, a source close to the matter said on Tuesday. Alitalia, which has made a profit only a few times in its 70-year history, was put under special administration earlier this year […]
IndiGo to be 5th largest Asian airline with 1,000 daily operations
IndiGo, the country"™s largest airline by market share and also in terms of fleet, will soon be joining the big league of airlines with 1,000 daily departures, becoming the fifth Asian carrier to do so. According to Capa (Centre for Asia Pacific Aviation) data for the week, the top three Asian airlines operating over 1,000 […]
Air Canada Named Best Long Haul Airline in the Americas
Air Canada today was named the Best Long Haul Airline in the Americas for 2018 by AirlineRatings.com, an airline safety and product rating agency that promotes excellence in the industry. AirlineRatings.com gives Air Canada its top seven-star rating for both safety and product. «Air Canada’s strategic focus has been on long-haul, international flying through our […]
Emirates welcomes 100th A380 to its fleet
Emirates today celebrates the milestone delivery of its 100th Airbus A380 aircraft at a special ceremony with Airbus at the manufacturer"™s delivery centre in Hamburg. His Highness Sheikh Ahmed bin Saeed Al-Maktoum, Emirate"™ Chairman and Chief Executive officiated the ceremony. He was joined at the event by Sir Tim Clark, President Emirates Airline; Tom Enders, […]
IAG Is Serious About Growing Its Low-Cost, Long-Haul Airline
IAG"™s testing of the low-cost, long-haul market with a virtual airline seems to have paid off. Its success shows that the model is here to stay. We"™ll be keeping a close eye on how this affects the legacy carriers, including those in IAG"™s own brand stable. When IAG launched Level, its low-cost, long-haul airline in […]
Embraer and Austral Líneas Aéreas Extend Pool Program for E-Jets
Embraer and Austral Líneas Aéreas, Aerolíneas Argentina"™s domestic airline, have extended their Flight Hour Pool Program agreement until 2021 to continue providing repairable component support for the carrier"™s fleet of 26 E190 jet aircraft. The announcement was made during the Embraer Operators Conference, held in Fort Lauderdale, Florida, from October 31st to November 2nd. The […]
Sky Airline to Pursue IPO for Continued Growth in Latin America
The Chilean low-cost carrier Sky Airline is nowadays seeking financial options to fit their investments needs in the near future. For that purpose, top management has embarked in a non-deal roadshow with local and international investment banks in Santiago, Rio de Janeiro and New York in order to review different options to raise new funds […]
