TOMORROWS TRANSPORTATION NEWS TODAY!

Tag: grow (Page 3 of 3)

Boeing & KLM Announce Order for Two 777 Jets

New purchase will grow KLM’s 777 fleet to over 30 airplanes, increasing network flexibilityAdditional 777 jets to complement carrier’s growing 787 Dreamliner fleet

AMSTERDAM, Sept. 2, 2019 /PRNewswire/ — Boeing [NYSE: BA] and KLM Royal Dutch Airlines (AFLYY) today announced that the carrier has ordered two more 777-300ER (Extended Range) airplanes as it continues to operate one of Europe’s most modern and efficient fleet.

The order, valued at $751 million at current list prices, was previously attributed to an unidentified customer on Boeing’s Orders & Deliveries website.

“KLM is one of the world’s leading network carriers and an aviation pioneer and we are delighted the airline has once again selected the Boeing 777-300ER to strengthen its long-haul fleet for the future,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company. “KLM’s continuing interest in the 777-300ERs shows the enduring appeal and value of the 777, thanks to its outstanding operating economics, superior performance and popularity among passengers.”

The 777-300ER can seat up to 396 passengers in a two-class configuration and has a maximum range of 7,370 nautical miles (13,650 km). The airplane is the world’s most reliable twin aisle with a schedule reliability of 99.5 percent.

Operating out of its home base in Amsterdam, the KLM Group serves a global network of 92 European cities and 70 intercontinental destinations with a fleet of 209 aircraft. The carrier operates 29 777s, including 14 777-300ERs. It also flies 747s and the 787 Dreamliner family. 

KLM, the world’s oldest airline still operating under its original name, is celebrating its centenary this year. In 2004 it merged with Air France to create Europe’s largest airline group. The Air France-KLM Group is also one of the largest operators of the 777 family with nearly 100 between the combined fleets.

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

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

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.

Newer posts »