Category: Airbus news (Page 29 of 48)

Air Lease Announces First of Eight New Airbus A321-200neo LR to Aer Lingus

July 29, 2019 / WIL BALDWIN

LOS ANGELES, July 26, 2019 – Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Aer Lingus (Dublin, Ireland). This Airbus aircraft, featuring CFM International LEAP-1A33 engines, is the first of eight A321-200neo LRs scheduled to deliver to the airline through 2020 from ALC’s order book with Airbus.

“ALC is pleased to announce this first of eight A321-200neo LR aircraft delivery today to our long-time customer, Aer Lingus, and introduce the A321neo to the airline,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “The new ALC A321neo LR will enable Aer Lingus to substantially increase the number of flights, frequencies and new destinations between Ireland and the USA and Canada. We are honored to be a part of Aer Lingus’ ongoing fleet transition to the A321neo LR to enhance the airline’s expanding route network with the most modern, fuel-efficient aircraft.”

“This significant delivery to our good friends at Aer Lingus strengthens our close relationship and we are confident that the A321-200neo LR will advance the airline’s fleet operations and overall growth goals,” added Grant Levy, Executive Vice President of Air Lease Corporation.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

About Air Lease Corporation

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC’s website at www.airleasecorp.com.

About Aer Lingus

Aer Lingus, part of International Airlines Group, operates as a leading Irish airline primarily providing passenger and cargo transportation services from Ireland to the United Kingdom and Europe and also to the United States and Canada.

Airbus Closes In On Air France Jetliner Deal

July 20, 2019 / WIL BALDWIN

LONDON (Reuters) – Airbus is close to a deal worth billions of dollars to sell dozens of A320neo-family and smaller A220 aircraft to Air France as the French network carries out a keenly awaited renewal of its medium-haul fleet, industry sources said.

The deal could include as many as 50-70 Canadian-designed A220 jets, formerly known as CSeries, to replace Air France’s ageing fleet of roughly 50 A318 and A319 aircraft, they said.

Air France is also expected to pick the A320neo family to replace approximately 40 earlier versions of the Airbus A320 that are up to 18 years old.

A spokeswoman for Franco-Dutch parent Air France-KLM said: “Air France is pursuing work on its medium-haul fleet renewal. No decision has been taken at this stage.”

Airbus declined to comment on the deal, which is expected to be formally discussed at an end-month Air France-KLM board meeting.

The expected deal marks a rebound for Airbus after rival Boeing poached part of the fleet of British Airways owner IAG at last month’s Paris Airshow.

That deal caught Airbus off guard, though in the longer term sources say it may also have eased the European planemaker’s anxieties over the grounding of Boeing’s 737 MAX following the Ethiopian Airlines crash in March.

Airbus privately hopes the MAX will survive the crisis to avoid a costly race to develop all-new aircraft and to ease the prospect of a radical change in certification rules.

The anticipated Air France deal also illustrates Airbus’s recent deliberate effort to boost A220 sales by packaging deals together with its benchmark A320, industry sources said.

Airbus bought the loss-making A220 programme from Canada’s Bombardier last year and immediately began offering it to customers that already have other Airbus aircraft, allowing it to juggle prices and ancillary services across the fleet.

Air France-KLM, formed from a merger of French and Dutch flag carriers in 2004, continues to operate a mixed fleet between its two main national networks.

KLM last month provisionally became the first major European customer for the newly certified E195-E2 offered by A220 rival Embraer of Brazil, whose commercial aerospace arm is being acquired by Boeing.

KLM signed a letter of intent for 15 of the upgraded aircraft and options for another 20.

The Dutch carrier and Franco-Dutch low-cost subsidiary Transavia both operate the Boeing 737 family.

(Additional reporting by Laurence Frost; Editing by Geert de Clercq and Luke Baker)

Airbus Mimics Nature With ‘Bird of Prey’ Concept Plane

July 19, 2019 / WIL BALDWIN

An Airbus concept aircraft with a wing design inspired by nature, dubbed Bird of Prey, is displayed at the Royal International Air Tattoo at Raf Fairford, near Fairford

RAF FAIRFORD, England (Reuters) – Airbus <EADSY> on Friday unveiled a concept aircraft with splayed wingtips and a fanned tail inspired by the feathers of an eagle as it experiments with “biomimicry” technology that could eventually lead to quieter landings and less pollution.

The European planemaker’s UK subsidiary sought to capture the imagination of future engineers by showing off a model of the raptor-like airliner at a military air show in England.

The propeller-driven aircraft would have individually controlled “feathers” on the wingtips to provide what Airbus calls “active flight control” used by an eagle or a falcon.

Also evident is the absence of a traditional vertical tail, relying instead on a split, wedge-shaped tail to reduce drag.

The regional aircraft would carry as many as 80 passengers up to 1,500 kilometres (930 miles) and burn 30% to 50% less fuel than today’s equivalent planes, Airbus said.

Inaugurating the display to curious military chiefs and visitors to the Royal International Air Tattoo, Britain’s Trade Secretary Liam Fox said it highlighted Britain’s technical capability and its attractiveness as a place to invest.

Airbus said its concept plane would have a geodesic or curved fuselage in a throwback to the contours of the Wellington bomber designed by British aircraft designer Barnes Wallis.

That aircraft was built in Broughton in Wales from the 1930s to keep it beyond the range of German bombers.

Airbus now uses the same site to produce wings for over 800 jetliners a year. But it has warned the plant faces competition from European nations such as Germany, or others such as Korea, for future generations following Britain’s decision to leave the European Union. Brexit supporters are sceptical Airbus would take such a step given Britain’s experience with wingmaking.

(Reporting by Tim Hepher; Editing by Tom Brown)

Air Lease Delivers New Airbus A320-200neo to Atlantic Airways

July 15, 2019 / WIL BALDWIN

LOS ANGELES, July 15, 2019 – Today Air Lease Corporation (NYSE: AL; “ALC”) announced the delivery of one new Airbus A320-200neo aircraft on long-term lease to Atlantic Airways, the national airline of the Faroe Islands. Powered by CFM International LEAP-1A26 engines, this aircraft is the first of two A320-200neos confirmed to deliver to the airline from ALC’s order book with Airbus. The second A320-200neo is scheduled to deliver to Atlantic Airways in Spring 2020.

“ALC is pleased to announce the delivery to Atlantic Airways of its first A320-200 neo and is excited to be part of the fleet transformation at the airline,” said Grant Levy, Executive Vice President of Air Lease Corporation. “The A320-200neo will significantly enhance Atlantic Airways’ fleet operations by not only supporting the airline’s existing route structure but also allow the airline to grow its route network in Europe and North America.”

Atlantic Airways’ Chief Executive Officer, Jóhanna á Bergi said, “We are very pleased to receive our first Airbus A320-200neo. This will enhance passenger experience and Atlantic Airways’ operations as national carrier, air bridge and life line.

Forward-Looking Statements

Delta’s 50th U.S.-Made A321 Powered with Sustainable Jet Fuel

July 12, 2019 / WIL BALDWIN

Airbus has delivered Delta Air Lines’ 50th A320 Family jetliner produced in the U.S. manufacturing facility at Mobile, Alabama; this aircraft – an A321 – is shown during a pre-delivery test flight

Airbus has expanded its aircraft deliveries using sustainable jet fuel blends, with one of the latest involving the milestone 50th A320 Family jetliner provided to Delta Air Lines from Airbus’ production facility in Mobile, Alabama.

The landmark aircraft was an A321 – Airbus’ longest-fuselage version in its A320 product line – and the first of 20 for the U.S.-based airline whose delivery flights over the next year will operate with blends of sustainable jet fuel.

Sustainable-fuelled jetliner deliveries originated with Airbus

This continues the strong Airbus commitment to minimising air transportation’s environmental impact – which includes becoming the first aircraft manufacturer offering customers the option of receiving new jetliners with sustainable fuel in their tanks. Such delivery flights have been available since 2016, starting from the Airbus headquarters production facility in Toulouse, France.

Airbus offers this option as part of its strategy to promote a more regular use of sustainable fuels within the aviation industry. In the longer term, the company also envisions supporting industrial production of sustainable fuels for aviation in the southeastern U.S. – the broad geographical region in which the Mobile, Alabama production facility for A320 Family jetliners is located.

Delta Air Lines is the second U.S customer to have its aircraft delivered by Airbus from the Mobile final assembly line using sustainable fuel blends. The initial was JetBlue Airways, which received an A321 loaded with 15% sustainable jet fuel in September 2018.

The fuel for Delta Air Lines’ 50th A320 Family aircraft delivered from Mobile was supplied by Air BP and loaded into the jetliner by Signature Flight Support (Airbus’ fuelling services provider in Mobile). This fuel is certified compliant with the sustainability requirements of the European Union Renewable Energy Directive and the International Sustainability & Carbon Certification.

Atlantic Airways Takes Delivery of its First A320neo

July 12, 2019 / WIL BALDWIN

Atlantic Airways, the Faroe Islands flag carrier, has taken delivery of its first A320neo, MSN8918. Leased from Air Lease Corporation (ALC: NYSE: AL), this aircraft is powered by CFMI LEAP-1A engines and is configured in an all-economy cabin layout.

With its new Airbus fleet member Atlantic Airways will further develop its European network. The airline, an Airbus customer since 2008, already operates an all-Airbus fleet of three A320 Family aircraft (currently two A319ceos and one A320ceo). In addition, the airline also recently placed a firm order for two additional A320neos.

Featuring the widest single-aisle cabin in the sky, the efficient A320neo Family incorporates the very latest technologies including new generation engines and Sharklets, which together deliver more than 20 percent fuel and CO2 savings as well as a 50 percent noise reduction. With more than 6,500 orders received from over 100 customers, the A320neo Family has captured some 60 percent of the market.

Airbus Pulls Anniversary Book Over Fraud Probe Concerns

July 12, 2019 / WIL BALDWIN

PARIS (Reuters) – Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer’s attempts to win a settlement in a bribery probe, two people familiar with the matter said.

The move is the latest sign of tension in Airbus as it nears the climax of a roughly $400 million, four-year internal probe carried out in support of an Anglo-French investigation into the use of intermediaries to win jetliner and other deals.

Airbus has already fired more than 100 people over ethics and compliance issues as its probe has progressed.

The book, “Airbus: The First 50 Years”, written by former New York Times journalist Nicola Clark, charts the rise of Airbus against challenging odds to become a European rival to Boeing and has a chapter focusing on the probe.

Sources said Airbus hoped to present its findings to the UK Serious Fraud Office and France’s PNF police by the end of the year. By doing so, they said it would seek more leniency under a system of prosecution agreements that allows for heavy fines rather than charges that might bar it from public contracts.

The two people said Airbus halted the book’s sales because it was concerned its official links to the publication could hamper talks with the authorities or discussions over other litigation as it seeks a fresh start under new management.

Airbus confirmed it had decided not to go ahead with the commissioned book, but denied any link to the bribery probe. It declined comment on the progress of the investigation itself.

“We continue to co-operate in full with the ongoing investigation,” an Airbus spokesman said. “The investigation and the book are two separate topics”.

Clark told Reuters she was “deeply disappointed with the very belated decision by Airbus to withdraw (the book)”.

UK-based publisher Urbane Publications declined to comment.

The book stems from an unusual initiative launched in 2016 under which Airbus granted Clark unprecedented access and full independence to give an unvarnished account of 50 years of industrial co-operation just as Europe’s political unity wavers.

It was published on Amazon’s Kindle service on May 29, half a century after Airbus was launched at a meeting of Franco-German founders including Roger Beteille, who died last month.

The book was quickly withdrawn from online sale and plans to distribute already-printed copies at the Paris Airshow in June were scrapped at the last minute, casting confusion over the company’s 50th anniversary celebrations.

But copies have been circulating and a review was published by Leeham News, a website covering the aviation industry.

Airbus said the version seen by the public was a draft. “The draft wasn’t consistent with our ambition for celebrating 50 years of pioneering progress,” the Airbus spokesman said.

Clark said Airbus had not described the book as a draft before notifying her of the decision to withdraw it.

(Reporting by Tim Hepher; Editing by Edmund Blair)

FILE PHOTO: An Airbus A350-1000 performs during the 53rd International Paris Air Show at Le Bourget Airport near Paris

Air China Plans to Buy 20 Airbus A350-900 Aircraft

July 11, 2019 / WIL BALDWIN

The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France.

BEIJING (Reuters) – Air China, China’s flagship carrier, will buy 20 A350-900 jets from Airbus SE worth $6.54 billion based on list prices, the carrier said on Thursday.

Air China, which has 10 of the fuel-efficient widebody aircraft in its fleet already, said the deliveries were scheduled from 2020 to 2022.

It was not immediately clear if the order would bolster the Airbus order book or if it had previously been attributed to an unidentified customer. Airbus did not respond immediately to requests for comment.

A fresh order would help Airbus narrow a deficit in widebody orders against Boeing as trade tensions persist between the United States and China.

Boeing won a positive total of 61 widebody orders in the first half this year against Airbus’ negative tally of 35 jets, meaning the European company had more cancellations than orders for twin aisle aircraft in the period.

Air China said it has the right to swap 5 out of 20 jets for the larger A350-1000.

(Reporting by Stella Qiu and Se Young Lee and Tim Hepher in Paris; Editing by Himani Sarkar)

Air Lease Places Two Airbus A321-200’s With Air Canada

July 11, 2019 / WIL BALDWIN

Today Air Lease Corporation (AL) announced the lease and delivery of two Airbus A321-200 aircraft to Air Canada.

“We are delighted to announce the lease of these two young A321 aircraft to Air Canada, which will support their fleet requirements and expanding network for many years to come,” said John L. Plueger, Chief Executive Officer and President of Air Lease Corporation.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

Azores Airlines Takes Delivery of its First A321LR

July 10, 2019 / WIL BALDWIN

Azores Airlines, the Azores archipelago-based carrier, has taken delivery of its first of three A321LRs to be leased from Air Lease Corporation “ALC”; NYSE: AL, becoming the latest operator of the long-range single-aisle aircraft.

Powered by CFM International’s LEAP-1A engines, the Azores Airlines’ A321LR comprises 190 seats in a two-class configuration (16 Business class seats and 174 seats in Economy) offering premium wide-body comfort in a single-aisle aircraft cabin and with single-aisle operating costs. With this new A321LR, the Portuguese operator will continue its strategy of growth and network expansion to European destinations as well as transatlantic routes between the Azores and North America.

The A321LR is a long-range (LR) version of the best-selling A320neo Family and provides airlines with the flexibility to fly long-range operations of up to 4,000 nm (7,400 km) and to tap into new long-haul markets, which were not previously accessible with single-aisle aircraft.

The A321LR will join the Azores Airlines’ Airbus fleet of five single-aisle aircraft comprising three A320ceo and two A321neo jetliners in service since last year. This new member of the fleet will provide Azores Airlines with more operational flexibility while leveraging on aircraft commonality.

The A320neo and its derivatives are the world’s best-selling single-aisle aircraft family with over 6,500 orders from more than 100 customers. It has pioneered and incorporated the latest technologies, including new generation engines and the industry’s reference cabin design, delivering 20% fuel cost per seat savings alone. The A320neo also offers significant environmental benefits with nearly a 50% reduction in noise footprint compared to previous generation aircraft.

@_AzoresAirlines #Airbus #A321LR

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