Tag: Paris (Page 11 of 16)

Air Antilles to be First Caribbean Operator of Viking Twin Otters

June 18, 2019 / WIL BALDWIN

Paris, France, June 18th, 2019: Viking Air Limited of Victoria, British Columbia, Canada, and Air Antilles, of Guadeloupe, French West Indies, have signed an agreement for the purchase of two Viking Twin Otter Series 400 aircraft, making Air Antilles the first commercial operator of the Series 400 in the Caribbean. Also forming part of the purchase agreement, Air Antilles will become the first Series 400 Twin Otter operator to receive European Union Aviation Safety Agency (EASA) certification for steep approach operations.

The two Viking-built Series 400 Twin Otters are scheduled for delivery to Air Antilles in the last quarter of 2019 and will be configured as 19-passenger regional commuter landplanes to replace the two legacy de Havilland Series 300 aircraft currently in commercial service with the airline.

With delivery of the Series 400 aircraft, Air Antilles will become the first commercial operator to receive EASA certification for steep approach landings, providing the airline with procedures to operate at approach angles in excess of 4.5 degrees. This is essential for Air Antilles’ scheduled operations to Gustaf III airport in Saint Barthelemy in order to satisfy EASA’s requirements for all commercial aircraft that access the airport to have factory certification for steep approach landings due to the surrounding mountainous terrain.

Eric Kourry, chairman of Guyane Aero Invest, the holding company of Air Antilles, commented, “As an operator of legacy de Havilland Series 300 aircraft for more than a decade, our knowledge of the Twin Otter’s exceptional flight capabilities, ease of maintenance, high dispatch reliability and suitability for our operations made selection of the Viking Series 400 a natural choice for upgrading our fleet.

“As travel tourism in the Caribbean expands, improvements to safety are becoming increasingly important for airlines to retain a competitive advantage. The innumerous improvements made to the new Series 400 will help Air Antilles increase safety and bring added value to their flight operations,” said David Caporali, Viking regional sales director for the Americas. He added, “The Caribbean shows encouraging market opportunities for Series 400 Twin Otter due to its low operating costs, ability to access the many short runways throughout the region, and its ability to support growth of an inter-island commercial transportation network. We highly value Air Antilles’ initiative to be the launch customer for the Series 400 in the region and are confident this relationship will yield many good results for both parties.”

About Air Antilles:

Compagnie Aerienne Inter Regionale Express (CAIRE), created in 2002, is an airline that operates under the name Air Guyane in the French Guiana, and under the name Air Antilles in the Caribbean. Air Antilles is one of the main regional airline companies in the Caribbean with more than 20 destinations in the area. The Twin Otter aircraft essentially serve from Guadeloupe to Saint Barthelemy, with Dominica soon to be added.

*Pictured above: Proposed paint scheme for Air Antilles’ new Series 400 Twin Otters scheduled for delivery at the end of 2019.*

Embraer and Binter Sign Order for Two Additional E195-E2’s

June 18, 2019 / WIL BALDWIN

Paris, France, June 18, 2019 – Embraer announced today, at the 53rd International Paris Air Show, that it has signed a contract with Binter, of Spain, for two additional E195-E2’s, confirming purchase rights from the original contract, signed in 2018. The two new E195-E2s will be included in Embraer’s 2019 second-quarter backlog and have a value of USD 141.8 million, based on Embraer’s current list prices. The airline is celebrating 30 years of operations in 2019.

“We are extremely proud that Binter is reinforcing its commitment to the E2 program and has confirmed these new acquisitions even before the first E195-E2 delivery to the airline. We wish continued success to Binter as it modernizes its fleet and continues to expand into new international markets in Europe and Africa”, said Martyn Holmes, Vice President, Europe, Russia & Central Asia, Embraer Commercial Aviation.

Binter will receive its first E195-E2 jet in the second half of 2019, becoming the first European customer of the E-Jets E2’s largest model. The airline is configuring the aircraft with 132 seats in a very comfortable single-class layout.

“We are pleased to confirm the firm order for these two additional Embraer E195-E2s,” said Binter’s Vice President, Rodolfo Núñez “We know that the E195-E2 is the ideal aircraft model for our operations, and, with typical Embraer efficiency, Type Certification was exactly on schedule. This along with fuel burn and other performance indicators being even better than originally expected, we have total confidence in placing this new firm order.”

Embraer is the world’s leading manufacturer of commercial aircraft up to 150 seats with more than 100 customers from all over the world. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,500 aircraft have been delivered. Today, E-Jets are flying in the fleet of 75 customers in 50 countries. The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline carriers.

Fuji Dream Orders Two E175’s to Add to its All-Embraer Fleet

June 18, 2019 / WIL BALDWIN

Paris, France, June 18, 2019 – Embraer announced today, at the 53rd International Paris Air Show, that it has signed a contract with Japan’s Fuji Dream Airlines (FDA) for a firm order of two E175 jets. The order has a value of USD 97.2 million, based on 2019 list prices, and was already included in Embraer’s 2019 first-quarter backlog as “undisclosed.”

“We are extremely pleased to continuously grow our fleet and our relationship with Embraer,” said Yohei Suzuki, Chairman and CEO of Fuji Dream Airlines. “FDA currently operates 14 aircraft – three E170s and eleven E175s. These new aircraft will give us the ability to grow our capacity, allowing us to add more routes and frequencies, while also offering our passengers the best cabin in its category.”

FDA’s new E175s will be configured in a single-class layout with 84 seats, with deliveries starting in 2019. Embraer delivered the first E-Jet, an E170, to Fuji Dream Airlines in 2009.

“After nearly 10 years of operations, Fuji Dream Airlines has established itself as an exemplary model for sustainable growth with the support of the E175’s unrivaled attributes underpinning the success of their continued network expansion with new point-to-point services,” said Cesar Pereira, Asia Pacific Vice President, Embraer Commercial Aviation. “As a testament to Embraer’s merits, there will be a total of 48 E-Jets flying in Japan by the end of 2019. Of which, FDA’s all-Embraer fleet of 14 aircraft represents the largest of its kind in Asia and has a world leading 99.83% dispatch reliability – yet another example of how Embraer’s products and customer support have been setting new standards in the industry.”

The E175 is the best seller of the E-Jets family with more than 770 orders from airlines and lessors around the world. Since January 2013, Embraer has sold more than 565 E175s to airlines in North America alone, earning more than 80% of all orders in the 70-76-seat jet segment.

FDA and Embraer have also signed an extension of the Pool Program to cover its fleet of E170s and E175s, including these new orders. The program includes the advance exchange and repair management for more than 300 essential line replacement units of the aircraft.

NAC Signs for up to 100+ ATR Aircraft

June 18, 2019 / WIL BALDWIN

World’s number one regional aircraft lessor and world’s number one regional aviation manufacturer sign landmark deal worth over US$ 2 billion

Strategic move from NAC to shape the future with the most eco-responsible and efficient regional aircraft

Paris-Le Bourget, 18 June, 2019 – Regional aircraft leasing specialist NAC and ATR, the world’s number one regional aircraft manufacturer, have today signed a Letter of Intent for 35 firm ATR -600s, with options for a further 35 and purchase rights for another 35. The deal represents a seal of long-term confidence from the number one regional aircraft lessor whose desire to focus on the most efficient and sustainable technology has led them to invest in the ATR 72-600. NAC’s recognition of the quality of the ATR programme also highlights the enduring retained asset value of the -600 series and its value proposition in the market.

Deliveries of the initial 35 aircraft will begin in 2020 and run up to 2025; the delivery schedule is optimised to ensure that market demand is best satisfied over the five-year period. This new deal cements a very successful and longstanding collaboration between NAC and ATR. Since 2010, over 100 speculative ATR aircraft orders were turned into deliveries to NAC.

NAC Chairman Martin Moller said: “To plan for a successful future, it is vital for us to invest in the very best technology, so that we can offer flexible and efficient solutions to our clients. The ATR72-600, with a significant fuel burn advantage drives lower costs and emissions making it the optimal choice for many of our clients. Aviation is moving towards a sustainable future and with this 100+ aircraft deal, we are making a strategic decision to ensure that airlines can lease and operate the most modern and eco-responsible regional aircraft available in the market.”

Stefano Bortoli, Chief Executive Officer of ATR commented: “We congratulate NAC on their forward-looking vision. It is a smart business move from NAC and one very much in line with the trends in regional aviation to connect communities and develop businesses across the globe in the most responsible and cost efficient way. To receive this order from the leading lessor in our segment, validates the value creation and quality of our product and its sustainable credentials and shows the efficiency of turboprop technology going forward. This deal clearly shows where the trend in regional aircraft is going.”

About Nordic Aviation Capital:

NAC is the industry’s leading regional aircraft lessor serving over 76 airline customers in 51 countries. The company provides aircraft to well-established carriers such as British Airways, Air Canada, LOT, Azul, Lufthansa, Garuda, Flybe, Aeroméxico and airBaltic as well as major regional carriers including Air Nostrum and Widerøe. NAC’s current fleet of almost 500 aircraft includes ATR 42, ATR 72, Bombardier Dash 8, CRJ900, CRJ1000, A220, E170, E175, E190 and E195.

About ATR:

ATR is the world number one regional aircraft manufacturer with its ATR 42 and 72 aircraft the best-selling aircraft in the less than 90-seat market segment. In 2018 the company had a turnover of US$1.8 billion. The unifying vision of the company’s 1,400 employees is to help everyone, no matter where they are in the world, to connect and develop in a responsible manner. Thanks to the efficiency of turboprop technology and the benefits of the company’s focus on continuous innovation, ATRs open more than 100 new routes every year, burn 40% less fuel and emit 40% less CO2 than regional jets. For all of these reasons, ATRs have been chosen by some 200 companies in 100 countries around the world. ATR is a joint-venture between Airbus and Leonardo.

For more information, please visit http://www.atr-aircraft.com and www.atr-intolife.com.

Air Lease Places 4 New Airbus A320 Family Aircraft with Peach

June 18, 2019 / WIL BALDWIN

PARIS, France, June 18, 2019 – Air Lease Corporation (NYSE: AL; “ALC”) announced today long-term lease placements for two new Airbus A320neo and two new Airbus A321neo LR aircraft with Peach Aviation Limited (Japan). The four new Airbus aircraft are scheduled to deliver to Peach starting in 2020 through 2022 from ALC’s order book with Airbus.

“ALC is thrilled to confirm this significant lease placement with Peach for four new Airbus aircraft and contribute to the airline’s growing all-Airbus A320 fleet,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “The A320neo and A321neo LR offer Peach the most technologically advanced, fuel-efficient aircraft that will bring a new level of passenger comfort and convenience to the Japanese market.”

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 (NYSE: AL)

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 Peach

Peach Aviation began services based out of Kansai Airport in March 2012. Currently, in addition to Kansai Airport, Peach has hubs at New Chitose Airport, Sendai Airport, and Naha Airport with 25 aircraft that service 17 domestic routes and 16 international routes. It operates approximately 100 flights per day and is used by over 13,000 passengers daily. Peach will complete its integration with Narita-based airline Vanilla Air by the end of the 2019 fiscal year, aiming to become Asia’s leading LCC.

Air Lease Places 3 New Airbus A321-200neo’s with Sky Airline

June 18, 2019 / WIL BALDWIN

PARIS, France, June 18, 2019 – Today Air Lease Corporation (NYSE: AL; “ALC”) announced long-term lease placements with Sky Airline (Chile) for three new Airbus A321-200neo aircraft. Scheduled to deliver to Sky starting in 2020 through 2021, the three new A321-200neos will deliver from ALC’s order book with Airbus and join three A320-200neos currently on lease to the airline from the Lessor.

“Sky Airline is a key ALC customer in the Latin American market and we are pleased to be the first to place the A321-200neo in the airline’s growing narrowbody fleet,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “The A321-200neo will complement Sky’s current highly competitive fleet with a new standard of fuel-efficiency and passenger comfort.”

Forward-Looking Statements

About Air Lease Corporation (NYSE: AL)

About Sky Airline

Sky Airline is a leading low-cost airline based in Santiago, Chile. The company flies to more than 20 destinations in Chile and South America and operates a modern fleet of Airbus A320 and A320neo family aircraft. In 2018, Sky Airline was named the best low-cost airline in South America by Skytrax.

Air Lease Places 10 New Boeing 787-10’s with Korean Air

June 18, 2019 / WIL BALDWIN

PARIS, France, June 18, 2019 – Today Air Lease Corporation (NYSE: AL; “ALC”) announced the long-term lease placement with Korean Air for ten new Boeing 787-10 aircraft. Scheduled to deliver to the airline starting in 2021 through 2023 from ALC’s order book with Boeing, these ten 787-10s from ALC are the first -10 Dreamliner aircraft to be placed in Korean Air’s fleet.

“As a launch customer for the 787-10, ALC is thrilled to announce this major lease placement introducing the 787-10 to Korean Air’s fleet, a project we have worked on with Korean and Boeing for a long time. The 787-10 will bring new levels of Korean Air’s outstanding service to its passengers, and provide significant revenue benefits to Korean’s global network,” said John L. Plueger, Chief Executive Officer and President of Air Lease Corporation.

“As we continue to innovate our product offering, the 787 Dreamliner family will become the backbone of our long-haul fleet for many years to come,” said Walter Cho, Chairman of Korean Air. “In addition to 25 percent improved fuel efficiency, the stretched 787-10 offers around 15 percent more space for passengers and cargo than our 787-9s, which will be critical to our long-term business goals.”

Forward-Looking Statements

About Air Lease Corporation (NYSE: AL)

About Korean Air

Korean Air is both the flag carrier and the largest airline of South Korea, with global headquarters located in Gonghang Dong, Gangseo-gu, Seoul, South Korea. Korean Air’s international passenger division and related subsidiary cargo division together serve 130 cities in 45 countries, while its domestic division serves 20 destinations. It is among the top 20 airlines in the world in terms of passengers carried and is also the top-ranked international cargo airline. Incheon International Airport serves as Korean Air’s international hub.

Boeing Says No Plans to Change Name of 737 Max

June 17, 2019 / WIL BALDWIN

PARIS, June 17 (Reuters) – Boeing Co said on Monday it had no plans to change the name of the 737 MAX after news reports that it would be prepared to do so to improve its future marketing.

“Our immediate focus is the safe return of the MAX to service and re-earning the trust of airlines and the traveling public,” a spokesman said in an emailed statement.

“We remain open-minded to all input from customers and other stakeholders, but have no plans at this time to change the name of the 737 MAX.”

Bloomberg News earlier quoted Chief Financial Officer Greg Smith as saying that if Boeing needed to change the brand it would “address” that. The report also said Boeing executives insisted they had no immediate plans to drop the MAX name.

CNBC also reported the comments.

U.S. President Donald Trump urged Boeing on April 15 to “Rebrand” its 737 MAX jetliner following two fatal crashes.

(Reporting by Eric M. Johnson, Tracy Rucinski, Edited by Tim Hepher)

FAA Moves to Support Civil Supersonic Air Industry

June 17, 2019 / WIL BALDWIN

WASHINGTON (Reuters) – The U.S. Federal Aviation Administration (FAA) said on Monday it is moving to rewrite testing rules to allow for the eventual return of civil supersonic air travel.

At an event in Paris on Monday, Acting FAA Administrator Dan Elwell said the agency is working to “enable the return of civil supersonic travel, while ensuring the environmental impacts are understood and properly addressed.”

Later this week, the FAA will issue a proposed rule for “special flight authorization for supersonic aircraft,” Elwell said. This is the first step toward revising the FAA’s 45-year-old rules governing supersonic transport.

U.S. startups Aerion, Boom Supersonic and Spike Aerospace are working to reintroduce supersonic passenger travel for the first time since the Anglo-French Concorde retired in 2003.

The rule “modifies and clarifies existing regulatory procedures for a more efficient way to obtain FAA approval to test supersonic aircraft.”

The rule “will provide a streamlined, clear line of sight on how to gain approval to conduct flight testing. This is a necessary, key step for further research and development in an emerging segment – and ultimately bring their aircraft to market,” Elwell added in remarks provided by the FAA.

According to a draft of the FAA proposal reviewed by Reuters, the agency said the proposed updates “are intended to support the growth of the civil supersonic industry” and will “provide increased clarity and information to applications as to the requirements for special flight authorizations to test supersonic aircraft.”

In February, Boeing Co said it had made a significant investment in supersonic business jet developer Aerion, as the world’s biggest planemaker looks to tap into rising demand for high-end aircraft that can reduce travel time.

Boeing will provide engineering, manufacturing and flight testing services for Aerion’s $120 million supersonic business jet, which is slated for its first flight in 2023.

Congress last year approved legislation directing the FAA to issue proposed rules setting noise standards for landing and takeoff, and noise test requirements for civil supersonic aircraft by March 2020, and modernizing the application process by December 2019.

Next generation supersonic jets, while quieter and more fuel efficient than the Concorde, have difficulty meeting existing noise levels and carbon emissions standards for conventional planes due to engine constraints and higher fuel burn.

(Reporting by David Shepardson; Editing by Bill Berkrot)

American Airlines in Talks for up to 50 Airbus A321XLR Jets

June 17, 2019 / WIL BALDWIN

PARIS (Reuters) – American Airlines is edging towards a deal with Airbus to buy up to 50 newly launched A321XLR extended-range narrow-body aircraft including some converted from existing orders of other models, people familiar with the matter said.

Airbus and American Airlines declined comment.

The people said the order, if confirmed, could be announced to coincide with the Paris Airshow, though officials from the airline were not expected to attend the show in person.

One of the people said that American Airlines was likely to include the world’s longest-range single-aisle jet in its fleet, but the timing of a decision remained unclear.

(Reporting by Tim Hepher, Editing by Eric M. Johnson)

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