Despite overwhelming concern for fuel supply and costs, most airlines surveyed by a joint CIT/Forbes study indicated that they are likely to take a wait-and-see approach to how the next generation aircraft perform before making a commitment.
CIT Transportation Finance President Jeff Knittel discussed the survey during a recent media briefing at the International Society of Transport Aircraft Traders conference (ISTAT). In the survey, 68% of those surveyed said they would wait and see how new aircraft perform while 32% would be the first to acquire or lease the new aircraft......
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Showing posts with label A350. Show all posts
Showing posts with label A350. Show all posts
Monday, April 11, 2011
Monday, March 28, 2011
PICTURE: Full A350 landing-gear tests to begin in weeks
Airbus is hoping to begin landing-gear testing of the A350 at the Filton facility in the UK, following initial installation of the first nose-gear in the test rig.
Manufacturer Liebherr Aerospace has provided the nose-gear assembly to the......
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Manufacturer Liebherr Aerospace has provided the nose-gear assembly to the......
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Wednesday, March 9, 2011
CATHAY PACIFIC AIRWAYS TO LEASE TWO A350s FROM ILFC
Los Angeles, CA, March 9, 2010 — International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it has signed a lease agreement with Cathay Pacific Airways for two Airbus A350 aircraft. The aircraft in this deal represent the first A350s that will join Cathay Pacific’s fleet and are scheduled for delivery in......
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HNA Group announces 38-aircraft order for HK Airlines; seeking to expansion presence in HK market
HNA Group Co Ltd, China's fourth-largest airline group and parent of Hainan Airlines Co Ltd and Hong Kong Airlines, ordered 48 aircraft from Boeing Co, Dassault Falcon Jet Corp and Gulfstream Aerospace Corporation at the Hong Kong Asian Aerospace Airshow on 07-Mar-2011.
The sizeable orders comes as the company looks to expand its fleet and cater for rising passenger and cargo demand in the Mainland Chinese/Hong Kong market. The fleet boost for the relatively unknown Hong Kong Airlines adds further weight to its efforts to become a formidable competitor for Cathay Pacific over the next decade......
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The sizeable orders comes as the company looks to expand its fleet and cater for rising passenger and cargo demand in the Mainland Chinese/Hong Kong market. The fleet boost for the relatively unknown Hong Kong Airlines adds further weight to its efforts to become a formidable competitor for Cathay Pacific over the next decade......
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Thursday, March 3, 2011
Dubai's DAE axes 30 more Airbus orders
Middle Eastern lessor Dubai Aerospace Enterprise has cancelled another 30 aircraft from its Airbus order book, including 12 A350s.
The decision has wiped out Airbus' sales for the first two months of the year, leaving it with a negative net order count for the end of February 2011. DAE's backlog had originally featured......
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The decision has wiped out Airbus' sales for the first two months of the year, leaving it with a negative net order count for the end of February 2011. DAE's backlog had originally featured......
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Tuesday, March 1, 2011
C919 no threat to Airbus/Boeing order backlog in China
CAAC Administrator Li Jiaxiang stated China will not reduce its orders for Boeing and Airbus aircraft as he believes locally produced aircraft are "still far away from satisfying domestic needs". The CAAC will decide the scale of production for the C919, being developed locally by COMAC, as the programme progresses over the next five years.
Also in China, Harbin Hafei Airbus Manufacturing Centre commenced operation on 28-Feb-2011. The plant will......
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Also in China, Harbin Hafei Airbus Manufacturing Centre commenced operation on 28-Feb-2011. The plant will......
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Monday, February 28, 2011
CEO INTERVIEW: A350 to replace A340-300s on US route, CHC route still a go: Azran Osman-Rani
AirAsia X CEO Azran Osman-Rani spoke exclusively to CAPA and revealed the carrier has had unreserved success on its Incheon-Tokyo route, which was launched in 2010. While the CEO remained tight-lipped about the status of the company's IPO and plans to launch a Sydney service, Mr Osman-Rani did confirm the planned Christchurch route will go ahead despite the city's recent earthquake tragedy. Mr Osman-Rani also discusses 2011 progress, aircraft orders, future expansions and social media......
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Aer Lingus swaps three A330s for A350s
Irish flag-carrier Aer Lingus is switching an order for three Airbus A330s, due for delivery in 2013 and 2014, to three A350-900 aircraft with arrival slated for "no earlier than 2018". As a result, the firm now has......
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Friday, February 25, 2011
Kingfisher may cancel A380 and A350 orders
The delivery of these planes was to start from 2014.
The UB Group-controlled Kingfisher Airlines may cancel its orders for Airbus A380s and A350s or swap these planes for smaller planes like......
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The UB Group-controlled Kingfisher Airlines may cancel its orders for Airbus A380s and A350s or swap these planes for smaller planes like......
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Sunday, February 20, 2011
Kingfisher may cancel A380 and A350 orders
New Delhi: The UB Group-controlled Kingfisher Airlines may cancel its orders for Airbus A380s and A350s or swap these planes for......
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Friday, February 4, 2011
Airbus to up A330 production, Boeing may produce more than 10 B787s per month
Responding to high levels of market demand, Airbus announced plans to increase production from eight to nine aircraft per month by early 2012 and 10 a month by 2Q2013. The A330 has won orders over the past few years, as Boeing customers seek to fill fleet gaps due to the three-year delay to the B787.
The production decision will not affect A330 deliveries 2011. It does place more pressure on aircraft parts suppliers that are struggling to deal with production increases across many Airbus and Boeing models.
Airbus has also announced that it has cancelled an order for 12 A330 freighters from......
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The production decision will not affect A330 deliveries 2011. It does place more pressure on aircraft parts suppliers that are struggling to deal with production increases across many Airbus and Boeing models.
Airbus has also announced that it has cancelled an order for 12 A330 freighters from......
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Thursday, December 23, 2010
AirAsia X and Jetstar go head-to-head with long-haul expansion plans
AirAsia X and Jetstar are looking to compete head-to-head in their low-cost long-haul expansion plans from the Asia Pacific region, with both carriers announcing plans to launch new routes. Over recent weeks, AirAsia X has been busy announcing new long-haul routes to Europe and the South Pacific, while Jetstar has been discussing plans to focus on expanding in Asia.
AirAsia X looks to publicly list to expand long-haul fleet
AirAsia X CEO Azran Osman-Rani stated in Dec-2010 that the carrier may sell shares in Europe and Asia as early as 2011 to fund its fleet expansion. According to Mr Osman-Rani, a larger fleet would allow it to expand its route network to under-served markets. The long-haul carrier plans to triple its fleet to 35 over the next six years as it adds more international destinations......
AirAsia X looks to publicly list to expand long-haul fleet
AirAsia X CEO Azran Osman-Rani stated in Dec-2010 that the carrier may sell shares in Europe and Asia as early as 2011 to fund its fleet expansion. According to Mr Osman-Rani, a larger fleet would allow it to expand its route network to under-served markets. The long-haul carrier plans to triple its fleet to 35 over the next six years as it adds more international destinations......
Tuesday, December 21, 2010
Airbus projects more narrowbodies, keeps large aircraft target intact
Airbus’ latest 20-year Global Market Forecast has continued the trend of steady annual upward revisions to the long-term outlook. The manufacturer has revised its growth forecast for 2010 to 2029 from 4.7% to 4.8%, and consequently upped its forecast to almost 26,000 passenger and freighter aircraft, representing an increase of around 900 units from last year's forecast. The value of the market outlook has also been raised from USD3.1 to USD3.2 trillion......
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777 Rate Rises As A350XWB Gets Ready To Slide
Boeing’s decision to increase production on the 777 line to some 8.3 units per month by the start of the first quarter of 2013 has been on the cards for some time now.
The crippling and prolonged delays in certifying the 787 will of course play a key part in compensation for some customers, but there are sizeable 777 announcements due over the next 18 months too (perhaps around the Paris Air Show?) some of which will have no......
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The crippling and prolonged delays in certifying the 787 will of course play a key part in compensation for some customers, but there are sizeable 777 announcements due over the next 18 months too (perhaps around the Paris Air Show?) some of which will have no......
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Saturday, December 11, 2010
Spiegel: EADS chief says Airbus A350 has used up margin
Airbus has used up much of its time margin for its key A350 XWB program and widened its projected delivery window, Louis Gallois, chief executive officer of Airbus parent EADS, told Germany's Spiegel International in an interview published Friday.
"Airbus has already used up a large part of its built-in time buffer," he said. "Some of Airbus's subcontractors were late in delivering, or details in the design of some components had to be changed. To put it bluntly, we have now somewhat widened the initial delivery window for the A350 -- from July 2013 to......
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"Airbus has already used up a large part of its built-in time buffer," he said. "Some of Airbus's subcontractors were late in delivering, or details in the design of some components had to be changed. To put it bluntly, we have now somewhat widened the initial delivery window for the A350 -- from July 2013 to......
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Tuesday, December 7, 2010
Airbus Begins A350 Composite Fuselage Work
Airbus has begun carbon fiber placement for the first A350XWB section as the company ramps up activities in preparation for the start of final assembly next year.
Work on the so called Section 19 rear fuselage section now being manufacturered at Airbus’s Illescas, Spain production facility measures 5.5 meter-long, 56. sq. meter fuselage barrel is due to be completed in the coming weeks, Airbus says.
The tapering fuselage structure is the only area where Airbus has opted for a......
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Work on the so called Section 19 rear fuselage section now being manufacturered at Airbus’s Illescas, Spain production facility measures 5.5 meter-long, 56. sq. meter fuselage barrel is due to be completed in the coming weeks, Airbus says.
The tapering fuselage structure is the only area where Airbus has opted for a......
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Wednesday, November 24, 2010
Emirates Seeks Longer-Range Airbus A350 as Boeing Stalls on 777
Emirates, the world’s biggest airline by international traffic, urged Airbus SAS to boost the range of the biggest version of its new A350 wide-body plane as Boeing Co. ponders a redesign of the competing 777 model.
Emirates, whose outstanding orders for the 777 will make it the twin-jet’s biggest user, needs higher-capacity aircraft for its longest inter-continental routes, Tim Clark, the Dubai-based airline’s president, said today in an interview in Paris.
Clark has ordered 20 350-seat A350-1000s, a model he says can’t reach Los Angeles from Dubai in the three-class layout that Emirates prefers. The Boeing planes that it currently uses on the route are based on a less efficient 20-year-old design, with the 354-seat 777-300ER at the limits of its range, curbing the payload, and the 777-200LR limited to......
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Emirates, whose outstanding orders for the 777 will make it the twin-jet’s biggest user, needs higher-capacity aircraft for its longest inter-continental routes, Tim Clark, the Dubai-based airline’s president, said today in an interview in Paris.
Clark has ordered 20 350-seat A350-1000s, a model he says can’t reach Los Angeles from Dubai in the three-class layout that Emirates prefers. The Boeing planes that it currently uses on the route are based on a less efficient 20-year-old design, with the 354-seat 777-300ER at the limits of its range, curbing the payload, and the 777-200LR limited to......
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Friday, November 19, 2010
Air China to buy 20 Airbus planes for $4.49b
HONG KONG - Air China, the country's leading carrier, said late Thursday that it would pay $4.49 billion to buy 20 Airbus planes.
In a statement filed to the Hong Kong stock exchange, the Beijing-based carrier said Air China and its import agent AIE had entered into the agreement with Airbus to purchase 10 Airbus 330- series aircraft.....
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In a statement filed to the Hong Kong stock exchange, the Beijing-based carrier said Air China and its import agent AIE had entered into the agreement with Airbus to purchase 10 Airbus 330- series aircraft.....
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Friday, November 12, 2010
A350 schedule slips but Airbus still aiming for 2013 entry
Airbus has admitted to a schedule slip on its A350 twin-jet but is still expecting entry into service in the second half of 2013.
In an update on the programme, during EADS' third-quarter results release, chief financial officer Hans Peter Ring said the programme was being delayed in order to......
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In an update on the programme, during EADS' third-quarter results release, chief financial officer Hans Peter Ring said the programme was being delayed in order to......
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Monday, October 18, 2010
Airbus has double breakthrough in vital Hong Kong market with A350 XWB
Hong Kong Airlines confirmed an order for 15 A350 XWBs and ten A330-200s, firming up a deal struck at this year's Farnborough Air Show. The A350 order represents an=other big win for Airbus’ new widebody twin in Hong Kong, following on from Cathay Pacific's Sep-2010 announcement.
Hong Kong Airlines’ A330s will begin delivery in 2012, and take the carrier’s total number of A330s on order to......
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Hong Kong Airlines’ A330s will begin delivery in 2012, and take the carrier’s total number of A330s on order to......
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