(Reuters) – Boeing Co said on Tuesday its deliveries fell about 37% to 239 planes in the first half of 2019, hurt by the grounding of its best-selling 737 MAX jets, putting it on track to lose the world’s biggest planemaker title after eight years.
Boeing’s deliveries lagged those of European rival Airbus SE, which handed over as many as 389 planes in the same period, up 28% from a year earlier, according to sources.
A new problem identified with the grounded MAX jets last month has delayed the aircraft’s entry into service until at least the end of September, disrupting schedules for airline operators and possibly adding to costs for Boeing.
The American planemaker’s net orders for the first six months was in the negative, with a total of minus 119 net orders. Boeing had minus 125 net orders as of the end of May.
Deliveries of the MAX aircraft were stopped in March, a few days after an Ethiopian Airlines crash killed all 157 people on board. Since then, Boeing has not reported any new order for the MAX planes.
Last month, British Airways-owner IAG signed a letter of intent to order 200 MAXs.
Boeing shares were down 0.5% at $349.4 in morning trade.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Arun Koyyur and Anil D’Silva)
WICHITA, KS (June 27, 2019) – Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, celebrated its leadership of the light jet segment with the delivery of the 300th Cessna Citation CJ4, the industry’s top performing aircraft in this segment. The milestone aircraft was delivered today to McNeilus Steel, based in Dodge Center, Minnesota.
“The Citation CJ4 continues to be a standout in the light jet segment due to its combination of high performance, low operating costs and class-leading cabin amenities,” said Rob Scholl, Textron Aviation senior vice president, Sales and Marketing. “Our light jet product range, led by the Citation CJ4, continues to pace this segment globally in terms of deliveries, primarily because customers appreciate what they get in terms of productivity and value.”
Founded in 1948, McNeilus Steel is a family owned metals distribution business and employs more than 450 people across locations in Dodge Center, Minnesota, Fargo, North Dakota, and Fond du Lac, Wisconsin. McNeilus is upgrading to full ownership of a CJ4, having been a fractional owner of a Cessna Citation CJ1+ since 2016.
“Our reputation is built on customer service and our Citation CJ4 will help us strengthen that reputation through even more personal interaction with our customers,” said Levi McNeilus, director of Purchasing at McNeilus.
Introduced in 2010, the Citation CJ4 is the largest of the Cessna light jet family of aircraft that includes the Citation CJ3+ and the Citation M2. The CJ4 allows customers to go further with the leading range-to-payload ratio and a best-in-class IFR range of 1,926 nautical miles (3,567 km) with a maximum cruise speed of 451 knots (true airspeed).
The CJ4 is certified for single pilot operation, has seating for nine passengers and includes a notable 1,040-pound baggage capability. Other features include single point refueling, an externally serviceable lavatory and excellent range, delivering what crew and cabin passengers appreciate.
Leading the light jet segment
Cessna Citations continue to lead this segment, with over 5,000 light jets delivered throughout the world, offering customers the broadest range of products on the market. From the popular entry level Cessna Citation M2, to the upgraded efficiency and comfort of the CJ3+ and the leading CJ4, Textron Aviation’s Citation family of light business jets has evolved to offer a range of capabilities, systems and options unmatched in its class.
Major fleet upgrade with nine modern turboprops providing increased seat capacity, lowest operating costs and best environmental performance
Toulouse, 26 June, 2019 – TAROM, the Romanian national air carrier, will introduce nine new ATR 72-600 aircraft, the market-leading product of the world’s number one regional aircraft manufacturer, into its fleet. The ATR 72-600 will be leased from NAC, the world’s number one regional aircraft lessor. Deliveries will commence in October 2019 through to 2020.
TAROM has been very successful in its domestic market operations by using ATRs to allow it to compete with low cost carriers. This upgrade will ensure that the airline is equipped with the latest generation of turboprops burning 40% less fuel and emitting 40% less CO2 than regional jets.
New ATRs will offer TAROM an additional 330,000 seats every year at the same operating cost as its previous seat level, improving short haul connectivity in Romania and supporting the development of local and more isolated communities. This will provide TAROM with the possibility to further expand and consolidate their position in the market.
TAROM Chief Executive Officer Madalina Mezei said: “We have selected ATR after a comprehensive review of competing aircraft, with the ATR 72-600’s demonstrating they are the best aircraft to meet our ambitious targets regarding efficiency, modern technology and environmental responsibility. With this aircraft, we will be able to develop new routes and increase frequency and seat availability, whilst introducing the highest levels of comfort and the latest technology into our domestic network.”
“We are very proud to welcome TAROM as our newest customer,” said Martin Møller, Chairman of Nordic Aviation Capital “we are confident that the ATR 72-600 aircraft will ensure efficiency in their network for many years to come. We thank TAROM for the confidence they have placed in NAC, and we look forward to building and strengthening our relationship with them in the future.”
Stefano Bortoli, Chief Executive Officer of ATR commented: “TAROM is among Europe’s most experienced ATR operators. We are proud to see this long-time customer renew its partnership with the ATR 72-600, the regional aircraft with the best environmental credentials. TAROM made its selection after a vigorous evaluation and in selecting the ATR 72-600 they chose more efficiency, more flexibility and more capacity, for long-term benefits.”
TAROM and ATR have been working together for 20 years. The Romanian national airline operates a fleet of 25 aircraft, including seven ATR 42-500’s and two ATR 72-500’s which are now to be traded in for the announced nine 72-600’s.
About TAROM: The Romanian National Air Transport Company TAROM has been established in 1954 and grew at the same time as Romanian aviation. TAROM’s activity is subordinated to the authority of the Ministry of Transports. TAROM is member of the Alliance SkyTeam starting from June 2010, member of the International Air Transport Association (IATA) starting from 1993.
Bombardier has supplied and maintained 78 B-series Electric Multiple Units over the last 15 years for Western Australia’s Public Transport Authority (PTA) in a joint venture with Downer EDI
Mobility solution provider Bombardier Transportation announced today that its Australian joint venture with Downer EDI, known as EDI Rail Bombardier Transportation Pty Ltd, is celebrating the final delivery of the B-Series Electric Multiple Unit trains for Western Australia’s Public Transport Authority (PTA). This occasion, which relates to the contract signed in 2016 for 30 additional railcars, was commemorated with an acceptance ceremony for the final train at the Nowergup Rail Depot which was attended by Rita Saffioti, Minister of Transport, Planning and Lands, Western Australia and Elwyn Gearon, General Manager, Transperth Train Operations.
Wendy McMillan, President, South East Asia and Australia region said, “We are very proud to complete the delivery of the B-Series EMU train fleet to the full satisfaction of PTA and providing a comfortable and reliable transport solution for over 60 million commuters every year.” She added, “Bombardier and PTA have worked together for over 30 years and we will continue as long-term partners on local initiatives including development of skilled and sustainable jobs, building a strategic supplier base, enhancing engineering capabilities and offering new technologies and expertise to the important Western Australia mobility ecosystem.”
The 15-year journey for Perth’s B-series train sets included the design, assembly and maintenance by the Bombardier Joint Venture (JV) in Australia. The trains have been manufactured at Downer’s facility in Maryborough, Queensland, with electrical pre-assembly work undertaken by Bombardier at its Australian manufacturing facility in Dandenong, Victoria. With an initial order of 31 three car trainsets, the first train entered service in 2004 and the final delivery will now see a total of 78 EMU trains in service. The Bombardier JV will also continue to provide Fleet Maintenance services to PTA for Transperth’s A- and B- series train fleets until 2026 and employ over 130 people across three sites including Nowergup, which manages the maintenance of the entire B-Series fleet.
The B- series EMU platform has been locally designed by Bombardier in Australia. This latest delivery adds to the more than 1,200-strong EMU vehicle fleet of various designs already operating at high reliability and availability delivered across Queensland, Victoria, South Australia and Western Australia by Bombardier over the past 40 years.
Bombardier has been investing in Australia for more than 70 years. As a trusted rail industry partner with over 1,000 employees, Bombardier designs, engineers, manufactures and maintains rolling stock across Australia, along with providing signalling, rail equipment, asset management and through-life support to customers and operators.
About Bombardier Transportation
Bombardier Transportation is a global mobility solution provider leading the way with the rail industry’s broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 40,650 people and its products and services operate in over 60 countries.
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.
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
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 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.
Japan Airlines (JAL) has taken delivery of its first A350 XWB at Airbus Headquarters in Toulouse, France. The A350-900 is the first aircraft produced by Airbus for JAL. The milestone event was attended by JAL Representative Director and Chairman Yoshiharu Ueki and Airbus Chief Commercial Officer Christian Scherer.
Altogether, JAL has ordered 31 A350 XWB aircraft, comprising 18 A350-900’s and 13 A350-1000’s. JAL will initially operate the A350-900 on high frequency domestic routes, while the larger A350-1000 will fly on the carrier’s long haul international network. The first aircraft will enter service on the airline’s Haneda – Fukuoka route at the start of September.
JAL’s A350-900 is configured in a premium three class layout, with 12 seats in First Class, 94 in Class J and 263 in Comfort Economy.
The ferry flight of the first JAL A350-900 is being performed with a blend of conventional and synthetic fuel, contributing to reduced CO2 emissions.
The A350 XWB offers by design unrivalled operational flexibility and efficiency for all market segments up to ultra-long haul (15,000km). It features the latest aerodynamic design, a carbon fibre fuselage and wings, plus new fuel-efficient Rolls-Royce engines. Together, these latest technologies translate into unrivalled levels of operational efficiency, with a 25 per cent reduction in fuel burn and emissions. The A350 XWB’s Airspace by Airbus cabin is the quietest of any twin-aisle and offers passengers and crews the most modern in-flight products for the most comfortable flying experience.
At the end of May 2019, the A350 XWB Family had received 893 firm orders from 51 customers worldwide, making it one of the most successful wide-body aircraft ever.
For more information about the A350 family, please click here.
FILE PHOTO: An Airbus A400M aircraft flies during a display on the first day of the 52nd Paris Air Show at Le Bourget airport near Paris
PARIS
(Reuters) – Airbus said on Friday it had signed an agreement with
European buyer countries for a revised contract for its delayed A400M
military transporter plane.
Reuters reported on Thursday that the parties had reached an agreement on a new contract.
Airbus said the agreement with OCCAR, which represents Germany, France, United Kingdom, Spain, Turkey, Belgium and Luxembourg, included key points such as new capabilities development plan, a new production delivery schedule and new financial terms.
Under the new financial terms, it said the partners agreed on the implementation of a revised financial retention mechanism which is the amount of cash that buyer countries can hold back while waiting for delayed deliveries.
“On the basis of this contract amendment signature, Airbus is fully committed to continue on this positive path and to providing its A400M current and future customers with the most powerful and technologically advanced military transport aircraft available on the market,” said Dirk Hoke, Chief Executive Officer of Airbus Defense and Space.
(Reporting by Tim Hepher; Writing by Bate Felix. Editing by Jane Merriman)
São Paulo, Brazil, June 11, 2019 – Embraer will take to the 53rd edition of Paris Air Show International, in France, the first KC-390 multi-mission airlift configured to operate with the Brazilian Air Force (FAB). The aircraft, number 004, will be in the static area from June 17 to 23 at the Le Bourget airport. Also the KC-390 will perform flight demonstrations on the first two days of the show. In agreement with the FAB, the airplane will return to Brazil right after the air show when it begins the acceptance and delivery process.
“The assembly of the first aircraft to be delivered to the FAB marks a major change in Embraer’s dynamics in this market,” said Jackson Schneider, President and CEO of Embraer Defense & Security. “The KC-390 is a multi-mission aircraft that has attracted great interest internationally and the Paris Air Show is the perfect occasion to showcase the aircraft in the configuration that will be operated by the FAB, proving its superior flexibility, performance and productivity.”
“The expectation for its entry into service is huge, considering the aircraft is a milestone in military aviation, where its innovativeness will bring improvements in the execution of multiple missions, contributing greatly to the fulfillment of FAB’s mission to control, defend and integrate our nation”, concluded Lieutenant-Brigadier Antonio Carlos Moretti Bermudez, Brazilian Air Force Commander.
The KC-390 program has already reached important milestones, such as Brazil’s Civil Aviation Agency’s (ANAC) Type Certificate and the production of the first series aircraft that performed its first flight in October 2018. To date, the flight test campaign has surpassed 2,200 flight hours.
Embraer’s KC-390 is a tactical transport aircraft, designed to set new standards in its class while delivering the lowest life-cycle cost on the market. It can carry out various missions, such as transport and launching of loads and troops, in-flight refueling, search and rescue and firefighting.
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About Embraer
A global aerospace company headquartered in Brazil, Embraer celebrates its 50th anniversary with businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.
ANKARA, May 31 (Reuters) – The delivery schedule for Russia’s S-400 missile defence systems to Turkey is continuing as planned, Turkish Foreign Ministry Spokesman Hami Aksoy said on Friday, dismissing reports of delay.
The U.S. and Turkey have been at odds over Ankara’s decision to purchase the S-400’s, which Washington says are not compatible with NATO systems and poses a threat to the F-35 stealth fighter jets. Ankara has proposed to form a working group to assess the U.S. concerns, but has not received a response yet.
On Monday, broadcaster Haberturk quoted Turkish Defence Minister Hulusi Akar as saying that the delivery of the S-400’s may not happen in June, when Turkey previously said the missiles were due to arrive, but added the agreement was a done deal.
“Reports in some media outlets about Turkey evaluating delaying the S-400 procurement upon the request of the United States do not reflect the truth,” Aksoy said in a statement, adding that Ankara’s offer for a joint working group with Washington was still valid.
