Tag: order (Page 20 of 22)

HK Bellawings Firms Order for Four More Global 7500 Jets

April 15, 2019 / WIL BALDWIN

Fleet operator continues to confirm orders after signing letter of intent for multiple Global 6500 and Global 7500 aircraft in May 2018
HK Bellawings Jet Limited will become operator managing China’s largest fleet of Global 6500 and Global 7500 aircraft
Flagship Global 7500 business jet making its airshow debut at ABACE
Long-range, large-cabin Global 5500 and Global 6500 aircraft on track to enter service this year

Bombardier is pleased to announce that Hong Kong aircraft management company HK Bellawings Jet Limited firmed up an order for four Global 7500 business jets. This news comes as the flagship Global 7500 aircraft arrives at the Asian Business Aviation Conference & Exhibition (ABACE), its first airshow since entering service.

“We are proud to announce this firm order as the Global 7500 aircraft makes its public debut at ABACE, one of the world’s most important aerospace exhibitions,” said Khader Mattar, Vice President of Sales for the Middle East, Africa, Asia Pacific and China, Bombardier Business Aircraft. “Our flagship jet has been causing a sensation since entering service less than four months ago, and this order underscores that this aircraft, with its unparalleled range and four true living spaces, is ideal for the Greater China region.”

HK Bellawings first announced their intent to purchase up to 18 Global 6500 and Global 7500 aircraft, for a potential value of $1.14 billion US, in May 2018 at the European Business Aviation Convention & Exhibition (EBACE) in Geneva. Hours earlier, Bombardier had stunned the industry by launching two new long-range, large-cabin business jets, the Global 5500 and Global 6500 aircraft.

In September 2018, HK Bellawings firmed up its order of four Global 6500 and two Global 7500 business jets, for an approximate value of $370 million US, based on current list prices for typically equipped aircraft. Today, HK Bellawings and Bombardier are pleased to confirm that four more
Global 7500 aircraft are now part of that firm purchase, bringing the total of firm aircraft orders to 10. This latest announcement represents a value of approximately $291 million US, based on current list prices.

“We are thrilled to offer our customers access to the unparalleled Global 7500 aircraft as part of our unmatched fleet,” said HK Bellawings President Mr. YJ Zhang. “The Global 6500 and Global 7500 aircraft align with HK Bellawings’ rapid development to be a one-stop business aviation solution. As the operator that will manage one of the world’s largest fleet of Global 6500 and Global 7500 aircraft, HK Bellawings Jet will further expand our business scope and continuously pursue higher goals.”

The Global 7500 aircraft’s range of 7,700 nautical miles is the longest in business aviation. This business jet can connect the cities of Beijing, Shanghai and Hong Kong non-stop to the cities of New York, London or Milan, and also fly nonstop from Singapore to Vancouver.*

Established in 2014, HK Bellawings Jet Limited is a distinguished business jet management company dedicated to providing a diverse array of professional, highly efficient and comprehensive business aviation services and solutions, which include business jet management, aircraft maintenance, travel concierge service, aircraft acquisition service, and business aviation consultancy. They operate a fleet of Challenger and Global business aircraft.

About Bombardier

With over 68,000 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Uganda Airlines Firms Orders for 2 Airbus A330neo Aircraft

April 8, 2019 / WIL BALDWIN

Uganda Airlines, the national carrier of Uganda, has firmed up its order for two A330-800 airliners, the latest version of the most popular A330 widebody airliner.

Fitted with the new Airspace by Airbus cabin, the A330neo will bring a range of benefits to Uganda Airlines and its customers, offering unrivalled efficiencies combined with the most modern cabin.

Uganda Airlines plans to use the A330-800 to build its medium and long-haul network with the aircraft offering cutting-edge technology along with more efficient operations

Launched in July 2014, the A330neo Family is the new generation A330, comprising two versions: the A330-800 and A330-900 sharing 99 percent commonality. It builds on the proven economics, versatility and reliability of the A330 Family, while reducing fuel consumption by about 25 percent per seat versus previous generation competitors and increasing range by up to 1,500 nm compared to the majority of A330s in operation. The A330neo is powered by Rolls-Royce’s latest-generation Trent 7000 engines and features a new wing with increased span and new A350 XWB-inspired Sharklets. The cabin provides the comfort of the new Airspace amenities including state-of-the-art passenger inflight entertainment and Wifi connectivity systems, amongst others.

@Airbus #A330neo #UgandaAirlines

Story and image from http://www.airbus.com

Air Peace Selects E195-E2, Becomes First E2 Operator in Africa

April 4, 2019 / WIL BALDWIN

Port Louis, Mauritius, April 3rd, 2019 –

Embraer has signed a firm order for 10 E195-E2 jets with Air Peace, Nigeria’s largest airline. The order was announced today, during the Embraer’s Africa Airline Business Seminar, in Mauritius. With this order, Air Peace will become the first E-Jets E2 operator in Africa. The contract includes purchase rights for a further 20 E195-E2. With all purchase rights being exercised, the contract has a value of USD 2.12 billion, based on current list prices. The order will be included in Embraer’s 2019 second-quarter backlog.

Air Peace has grown rapidly since it commenced flight operations in 2014 and is now the largest airline in West Africa. The airline intends to address the significant untapped demand in the African market with the E195-E2, the newest, most efficient, and most comfortable aircraft in the segment.

Air Peace Chairman/CEO, Mr. Allen Onyema, said, “Embraer’s new E195-E2 presents us with a marvel of economic performance. It’s also great that we will be the first E2 operator on the African continent. We already have the ERJ145s in our fleet, so we understand the high standards of Embraer products.”

“Air Peace embodies the kind of pioneering spirit that Embraer loves. The airline was established to bring highly skilled work opportunities to the people of Nigeria and to boost connectivity, which in turn significantly contributed to the economy in the region. Air Peace has delivered successfully on both aims, and has become a fast growing successful airline. It’s great to now have them onboard the E2 as well.” said Arjan Meijer, Chief Commercial Officer, Embraer Commercial Aviation.

Meijer continued, “The market in Africa presents significant opportunities for airlines to deliver the connectivity that the whole continent needs. Aircraft however must be right-sized to develop those routes profitably; more than 90% of intra-African flights depart with fewer than 150 passengers onboard. And more than 70% of markets are served with less than one flight per day.”

Air Peace subsidiary, Air Peace Hopper, started operating six ERJ145 last year on short thin routes. That experience with Embraer’s products, and the undeniable economic benefits of right-sizing aircraft for the mission, was a key factor in selecting the E2.

Embraer is the world’s leading manufacturer of commercial jets up to 150 seats. The Company has 100 customers from all over the world operating the ERJ and E-Jet families of aircraft. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,500 deliveries, redefining the traditional concept of regional aircraft.

About Embraer

Embraer is a global company headquartered in Brazil with businesses in commercial and executive aviation, defense & security. The company designs, develops, manufactures and markets aircraft and systems, providing customer support and services.

Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. About every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Brazil’s Gol Will Not Cancel Boeing 737 MAX Order

April 2, 2019 / WIL BALDWIN

FILE PHOTO: An aircraft of Gol Linhas Aereas Inteligentes SA departs from Congonhas airport in Sao Paulo, Brazil September 11, 2017. REUTERS/Paulo Whitaker

SAO PAULO (Reuters) – Brazil’s largest airline, Gol Linhas Aereas Inteligentes, will not cancel its orders of Boeing Co’s 737 MAX plane, the model which was involved in two fatal crashes, newspaper Valor Economico reported Gol’s chief executive as saying on Tuesday.

“We will not cancel our orders,” CEO Paulo Kakinoff said. “The 737 MAX is probably the best airplane ever made.”

Gol is going through a significant fleet transformation and has bet heavily on the Boeing 737 MAX, with over 100 planes scheduled to be delivered in the next few years.

The airline has so far received seven aircraft, which it grounded after an Ethiopian Airlines plane crashed in March, the second accident involving that plane model in a span of five months.

Kakinoff added that he thinks it is possible that the 737 MAX planes will fly again by July. That decision is in the hands of regulators around the world.

Gol has flown Boeing planes exclusively since its founding and is the U.S. planemaker’s largest client in Latin America.

(Reporting by Marcelo Rochabrun; Editing by Lisa Shumaker and Susan Thomas)

China’s Huge Airbus Order Padded by Old & Incomplete Deals

April 2, 2019 / WIL BALDWIN

Exclusive: China’s huge Airbus order padded by old or incomplete deals – source

PARIS (Reuters) – A landmark order from China for 300 Airbus jets signed during a state visit last week was bolstered by repeat announcements of dozens of existing deals and advance approval for deals that have yet to be struck, two people familiar with the matter said.

Echoing an umbrella order for 300 Boeing jets awarded during a visit to Beijing by U.S. President Donald Trump in 2017, the headline figure for the new “framework order” for European jets was partly driven by political considerations, the people said.

The Airbus deal would have been worth some $35 billion at list prices but the amount of new business is lower, they added. Duplicate announcements included a deal for 10 A350 aircraft to an unnamed buyer, which represents a repeat announcement of an order for 10 jets by Sichuan Airlines at an air show last year.

The disclosure takes some of the shine off an announcement widely regarded as the economic highlight of a trip to Europe by Chinese President Xi Jinping. Nonetheless the deal marked a return to the aircraft market by China’s state buying agency after a pause of over a year during global trade tensions.

The overall figure of 300 was introduced late in the process and after Xi’s visit was underway, although plane orders typically take months to negotiate, one of the people said.

Airbus declined to comment on detailed orders but left open the possibility that the large total contained gaps.

The agreement “creates the approval framework for aircraft ordered by Chinese airlines, be it existing orders or future orders,” a spokesman said.

TRADE TIES

Airbus shares fell 0.7 percent on Tuesday, extending earlier losses after Reuters reported gaps in the China deal. Airbus’ stock had risen almost two percent after China’s mega-order, signed in Paris on March 25 in front of Xi and French President Emmanuel Macron.

Industry sources say major planemakers play by similar rules when selling to China, where they face a two-tier system of negotiations with airlines within a framework of state-backed umbrella deals that may be influenced by geopolitics.

But the headline figures for new orders during high-profile diplomatic visits, which for several years hovered around 150 aircraft for both Airbus and Boeing, have increased as trade ties between Washington and China go through highs and lows.

In November 2017, months before a trade war erupted with the imposition of tariffs, China announced an order for 300 Boeing jets during a visit to Beijing by U.S. President Donald Trump.

Analysts expressed doubts at the time over how much of that was new business, and said part of the announcement represented renewed government support for deals already on Boeing’s books.

“The most recent Airbus and Boeing deals followed a similar pattern,” said a China aircraft industry specialist.

Boeing is now seen as next in line to secure a 200-300-plane order as part of a possible economic truce being negotiated to end the trade war, but the recent grounding of one of its jets has cast uncertainty over the timing of the deal.

Boeing and Airbus compete fiercely to serve the needs of the world’s fastest-growing airplane market, while bracing for future competition from China’s own aerospace industry.

Analysts say Beijing tends over time to balance U.S. and European purchases, though recent years have seen the rise of a growing number of independent Chinese leasing companies and an increase in autonomous decision-making by several airlines.

(Reporting by Tim Hepher, Additional reporting by Marine Pennetier; Editing by Sudip Kar-Gupta and Richard Lough)

Bombardier Signs Firm Purchase Agreement for 6 Q400’s

April 1, 2019 / WIL BALDWIN

Toronto, March 29, 2019 – Bombardier Commercial Aircraft announced today that a customer, who has requested to remain unidentified at this time, has signed an order to acquire six new Q400 aircraft.

Based on the list price of the Q400 aircraft, the firm order is valued at approximately US$ 202 million.

“The Q400 aircraft offers the perfect balance of passenger comfort and operating economics while maintaining its unmatched range and speed advantage versus other turboprops,” said Fred Cromer, President, Bombardier Commercial Aircraft. “The demand for turboprop aircraft worldwide is tremendous and the Q Series aircraft are ideally positioned to meet the needs of regional airlines as they offer a unique ability to serve diverse and challenging environments. The Q400 offers the lowest seat costs amongst turboprops, with an enhanced passenger experience and a proven 99.5 per cent reliability.”

About Bombardier

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2018, Bombardier posted revenues of $16.2 billion US. The company is recognized on the 2019 Global 100 Most Sustainable Corporations in the World Index. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Garuda Indonesia Plans to Cancel Boeing 737 MAX 8 Order

March 22, 2019 / WIL BALDWIN

JAKARTA/OSLO (Reuters) – Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets, it said on Friday, saying some passengers would be frightened to board the plane after two fatal crashes, although analysts said the deal had long been in doubt.

The news came as another 737 MAX customer, Norwegian Air, played down the significance of a move by Boeing to make a previously optional cockpit warning light compulsory.

Norwegian said that, according to Boeing, the warning light would not have been able to prevent erroneous signals that Lion Air pilots received before their new 737 MAX plane crashed off Indonesia in October, killing 189 people.

Indonesia’s national carrier Garuda is the first airline to publicly announce plans to scrap an order since the world’s entire fleet of 737 MAX planes was grounded last week, following an Ethiopian Airlines crash that left 157 people dead.

“Many passengers told us they were afraid to get on a MAX 8,” Garuda CEO Ari Askhara told Reuters on Friday.

However, the airline had been reconsidering its order for 49 of the narrowbody jets prior to the Ethiopian crash, including potentially swapping some for widebody Boeing models.

Southeast Asia faces a glut of narrowbody aircraft like the 737 MAX and rival Airbus A320neo at a time of slowing global economic growth and high fuel costs.

“They have been re-looking at their fleet plan anyway so this is an opportunity to make some changes that otherwise may be difficult to do,” CAPA Centre for Aviation Chief Analyst Brendan Sobie said.

Indonesia’s Lion Air has also said it might cancel 737 MAX aircraft, though industry sources say it is also struggling to absorb the number of planes on order.

Both crashes are still being investigated. But regulators have noted some similarities between the two, and attention has focused on whether pilots had the correct information about the “angle of attack” at which the wing slices through the air.

No direct link has been proven between the accidents.

RETROFITS

Boeing now plans to make compulsory a light to alert pilots when sensor readings of the angle of attack do not match – meaning at least one must be wrong -, according to two officials briefed on the matter.

Investigators suspect a faulty angle-of-attack reading led the doomed Lion Air jet’s computer to believe it had stalled, prompting the plane’s anti-stall system, called MCAS, repeatedly to push the plane’s nose down.

The Lion Air plane did not have the warning light installed because it was not compulsory. Ethiopian Airlines did not immediately comment on whether its crashed plane had the alert.

But the Ethiopian carrier, whose reputation along with Boeing’s is at stake, issued a statement on Friday emphasising the modernity of its safety and training systems, with more than $500 million invested in infrastructure in the past five years.

The Ethiopian crash has set off one of the widest inquiries in aviation history and cast a shadow over the Boeing 737 MAX model intended to be a standard for decades.

Boeing did not comment on the plan to make the safety feature standard, but separately said it was moving quickly to make software changes and expected the upgrade to be approved by the U.S. Federal Aviation Administration (FAA) in coming weeks.

Chicago-based Boeing will also retrofit older planes with the cockpit warning light, the officials told Reuters.

Experts said it could take weeks or months to be done, and for regulators to review and approve the changes. Regulators in Europe and Canada have said they will conduct their own reviews of any new systems.

Norwegian said its 18 737 MAX jets did not have the cockpit warning light, but it would follow any recommendations made by Boeing and aviation regulations. The airline said last week it would seek compensation from Boeing for the cost of grounding its 737 MAX planes, which makes up 11 percent of its fleet.

Since the Ethiopian crash, Boeing shares have fallen 12 percent and $28 billion has been wiped off its market value.

Pressure has mounted on the company from U.S. legislators, who are also expected to question the FAA. The company faces a criminal investigation by the U.S. Justice Department as well.

Several lawsuits have already been filed on behalf of victims of the Lion Air crash referring to the Ethiopian accident. Boeing declined to comment on the lawsuits.

( By Cindy Silviana and Terje Solsvik, Additional reporting by Jamie Freed in Singapore, Bernadette Christina Munthe in Jakarta, Maggie Fick and Jason Neely in Addis Ababa, Tim Hepher in Paris, and Eric M. Johnson in Seattle; Writing by Sayantani Ghosh, Georgina Prodhan and Ben Klayman; Editing by Mark Potter)

STARLUX Airlines Orders 17 A350 XWB Aircraft

March 19, 2019 / WIL BALDWIN

STARLUX Airlines of Taiwan has signed a firm order with Airbus for 17 widebody aircraft, comprising 12 A350-1000s and five A350-900s.

The new airline plans to deploy these aircraft on its premier long-haul services from Taipei to Europe and North America, as well as selected destinations within the Asia-Pacific region.

“We are very glad to sign the official purchase agreement today for Airbus widebodies. The A350’s combination of extra-long range capability, significantly lower operating costs and high passenger comfort were key factors in our decision,” K.W. Chang, Founder and Chairman of STARLUX Airlines said. “STARLUX is committed to becoming one of the best airlines in the world. We are positive that with the A350 XWB, we will be able to spread our wings to further destinations, bringing our best-in-class services to more people over the world in the near future.”

“What K. W. and STARLUX are proving is that when you start from a clean sheet, you make no compromises. Every STARLUX A350-1000 takes off 45 tonnes lighter than its alternative. Imagine the savings! And will fly up to 1,000 more miles than the alternative, enabling STARLUX to serve US-East Coast destinations nonstop! Imagine the extra market & revenue!” said Christian Scherer, Airbus Chief Commercial Officer. “Both the A350-1000 and A350-900 offer true long range capability, greater passenger comfort, yet all the economic benefits of fleet commonality. We salute STARLUX’s strategic choice with gratitude and we will be there to support their legitimate ambition.”

The A350 XWB is the world’s most modern and eco-efficient aircraft family shaping the future of air travel. It is the long-range leader in the large wide-body market (300 to 400+ seats). The A350 XWB offers by design unrivalled operational flexibility and efficiency for all market segments up to ultra-long haul (9,700 nm). It features the latest aerodynamic design, 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 February 2019, the A350 XWB Family had received 852 firm orders from 48 customers worldwide, making it one of the most successful wide-body aircraft ever.

Story and images from http://www.airbus.com

Blue Air to Decide on Boeing 737 MAX Order After Investigation

March 14, 2019 / WIL BALDWIN

BUCHAREST, March 14 (Reuters) – Romania’s Blue Air will make a decision on its order for 12 Boeing 737 MAX 8 jets only after an investigation into a fatal crash of one of the planes in Ethiopia at the weekend, CEO Marius Puiu told Reuters.

Puiu said his company was “monitoring the situation very carefully.”

“We trust the world-wide precautionary suspension of flights, a decision that puts civil aviation transport safety first,” said Puiu, adding the first 737 MAX 8 plane was planned to arrive in Romania this summer.

“We are in permanent contact with the manufacturer, with EASA (the European Union’s aviation safety regulator) and the Romanian civil aeronautical authority,” he said.

Currently, Blue Air operates 25 Boeing 737 series aircraft – 737-300, 737-400, 737-500, 737-700 and 737-800, with capacities ranging from 120 to 189 seats.

(Reporting by Radu Marinas; Editing by Mark Potter)

Boeing Signs Deal for Up to 42 777X Airplanes with British Airways

February 28, 2019 / WIL BALDWIN

Boeing and International Airlines Group, the parent company of British Airways, announced February 28, 2019 the airline has committed to purchasing up to 42 777X airplanes, including 18 firm orders and 24 options. British Airways joins a group of leading carriers that have selected the new 777-9, which will debut next month as the largest and most efficient twin-engine passenger jet in the world.

The commitment, valued at up to $18.6 billion at list prices, will be reflected on Boeing’s Orders and Deliveries website once it is finalized.

“The new 777-9 is the world’s most fuel efficient longhaul aircraft and will bring many benefits to British Airways’ fleet. It’s the ideal replacement for the 747 and its size and range will be an excellent fit for the airline’s existing network,” said Willie Walsh, IAG chief executive. “This aircraft will provide further cost efficiencies and environmental benefits with fuel cost per seat improvements of 30 per cent compared to the 747. It also provides an enhanced passenger experience”.

British Airways has been modernizing its fleet – one of the largest in the airline industry – to more efficiently serve its extensive global route network. In recent years, the airline has introduced the super-efficient 787 Dreamliner family to replace its medium-sized widebody jets. The new 777-9 will replace British Airways’ larger widebody airplanes, mainly the four-engine 747 jumbo jet.

In ordering the 777-9, British Airways extends a long-running relationship with the popular 777 family. The airline is one of the largest 777 operators with a fleet of nearly 60 of the long-range jet. The airline last year committed to four more 777-300ER (Extended Range) jets via operating lease.

The 777-9 is larger and slightly wider than current 777s with the ability to comfortably sit 400-425 passengers in a standard two-class cabin. Powered by 787 Dreamliner technologies, an all-new composite wing, and other enhancements, the 777-9 offers airlines 12 percent lower fuel consumption than competing airplanes. The 777-9 can also fly farther than its predecessors with a standard range of 7,600 nautical miles (14,075 kilometers).

Story and images from http://www.boeing.com

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