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Lufthansa Raised 500 Million Euro in Aircraft Financing in the Second Half of 2020

WIL BALDWIN January 15, 2021

Since July 2020, Deutsche Lufthansa AG (LHA.DE)has raised a total of around 500 million euros by using aircrafts as security in eight financing transactions. This enabled the Group to secure additional funds on top of…

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Boeing Awarded Contract for 12 More KC-46 Tankers

WIL BALDWIN January 14, 2021

This week the U.S. Air Force awarded Boeing [NYSE: BA] a $1.7 billion contract for 12 KC-46A tanker aircraft. With this sixth production lot, Boeing is now on contract for 79 KC-46A tankers. The company…

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Congo Airways Orders Two More Embraer E195-E2 Aircraft

WIL BALDWIN January 14, 2021

Just six months after their first E2 order, Congo Airways has placed a firm order for two E195-E2 jets. This is in addition to their existing two aircraft order for the smaller E190-E2. The four…

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Aircalin Takes Delivery of First A320neo

WIL BALDWIN January 14, 2021

New Caledonia’s Aircalin has taken delivery of its first A320neo. The aircraft joins two A330neo already delivered under the carrier’s fleet modernisation plan. With its new fleet the airline benefits from the lowest operating costs…

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Boeing 747-8 Lives On With Atlas Air Worldwide Purchases of Four Freighters

WIL BALDWIN January 14, 2021

Boeing [NYSE: BA] and Atlas Air Worldwide announced an agreement to purchase four 747-8 Freighters. The order enables Atlas Air to leverage the operational advantages of the 747-8 Freighter to meet growing cargo demand around…

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Ryanair December Traffic Down 83%

WIL BALDWIN January 5, 2021

Ryanair Holdings plc today (5 Jan) released December traffic statistics as follows: 2019 2020 Growth Ryanair Group11.2m1.9m-83%Rolling Annual152.4m52.1m (81% LF)-66%

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Air New Zealand Aircrew to Overnight in Honolulu, Hawaii

WIL BALDWIN January 4, 2021

As part of ongoing efforts to reduce the COVID-19 risk to aircrew, Air New Zealand will re-route its North America flights to allow aircrew to overnight in Honolulu rather than Los Angeles or San Francisco. From Monday…

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Saab Receives Follow-on Contract for GlobalEye

WIL BALDWIN January 4, 2021

Saab has today received a follow on contract with the United Arab Emirates regarding the sale of two GlobalEye systems, Saab’s advanced airborne surveillance system. The order value is USD 1.018 billion and the contract…

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JetBlue Rings in New Year with Airbus A220-300 Aircraft

WIL BALDWIN January 3, 2021

JetBlue (NASDAQ: JBLU) announced it has formally taken delivery of its first Airbus A220-300 aircraft, marking the start of a new era for the airline's fleet. The aircraft – tail N3008J – is scheduled to…

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Boeing Delivers Trio of 777 Freighters to Qatar Airways Cargo

WIL BALDWIN January 3, 2021

Qatar Airways Cargo took delivery of three Boeing [NYSE:BA] 777 Freighters as the airline continues to build its cargo division with the world's largest and most capable twin-engine freighter. The milestone also marks the 200th 777…