Toulouse, France, January 2, 2023 – Airbus regrets to confirm that an A350-900 operated by Japan Airlines was involved in an accident during flight JAL516 from Sapporo New Chitose Airport to Haneda International Airport shortly after 17:47 (local time) on 02 January 2024. All 367 passengers and 12 crew members on-board evacuated the aircraft.
The A350 collided with a DHC-8 aircraft at landing in Haneda. The Japanese authorities have since confirmed that sadly five of the six people on board the DHC-8 did not survive. The exact circumstances of the event are still unknown. The aircraft involved in the accident, registered under the number JA13XJ, was MSN 538, delivered to Japan Airlines from the production line on 10 November 2021.
In line with International Civil Aviation Organization (ICAO) Annex 13 recommendations, Airbus will provide technical assistance to the Bureau d’Enquêtes et d’Analyses (BEA) of France and to the Japan Transport Safety Board (JTSB) in charge of the investigation. For this purpose, Airbus is presently dispatching a team of specialists to assist the Authorities.
Toulouse, France, September 6, 2023 – Turkey’s national flag carrier, Turkish Airlines, has announced a new order for 10 additional Airbus (OTC: EADSY) A350-900 aircraft, taking its total for the type to 40. This latest Turkish Airlines agreement is in addition to one announced in August for four A350-900’s, with th air carrier already operating a fleet of 14 A350-900’s.
At the end of July, the A350 had won over 1,000 orders from leading carriers from around the globe. The A350 is the world’s most modern and efficient widebody aircraft and the long range leader in the 300-410 seater category. Its clean sheet design includes state-of-the-art technology, aerodynamics, lightweight materials and new engines that together deliver 25 percent advantage in fuel burn, operating costs and CO2 emissions. The airplane also demonstrates a 50 percent noise footprint reduction compared to the previous generation of Airbus aircraft.
Herndon, USA/Mirabel, Canada – 13 July 2023 – Under its current agreement, Delta Air Lines (NYSE: DAL) has disclosed an order for 12 additional A220-300 aircraft, bringing the airline’s total firm order for A220’s to 131 aircraft – 45 A220-100’s and 86 A220-300’s. Throughout the years, Delta has reordered the A220 five times and is today the largest A220 customer and operator in the world.
In addition to its positive cabin experience, the aircraft plays an important role in helping decrease airline operating costs and environmental impact. Offering 25% lower fuel burn and CO2 emissions per seat compared to previous generation aircraft, the A220 is the only aircraft purpose-built for the 100-150 seat market. Combining state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation GTF™ engines, the A220 brings customers a 50% reduced noise footprint and around 50% lower NOx emissions than industry standards.
Delta took delivery of its first Airbus A220 in October 2018, and was the first U.S. carrier to operate the aircraft type. Delta currently operates a fleet of 433 Airbus aircraft, including 61 A220 aircraft, 280 A320 Family aircraft, 64 A330’s and 28 A350-900 aircraft.
LOS ANGELES–(BUSINESS WIRE)– Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales activities, and financing occurring in the second quarter of 2023.
As of June 30, 2023, ALC’s fleet was comprised of 448 owned aircraft and 80 managed aircraft, with 359 new aircraft on order from Boeing and Airbus set to deliver through 2029.
Aircraft Investments
Delivered 19 new aircraft from ALC’s order book including three Airbus A220-300s, two Airbus A320neos, seven Airbus A321neos, two Airbus A330-900neos, one Airbus A350-900, one Airbus A350-1000, two Boeing 737-9s, and one Boeing 787-9.
Aircraft investments in the quarter totaled approximately $1.5 billion.
Sales
Sold eight aircraft to third-party buyers.
Aircraft sales for the quarter totaled approximately $600 million.
Financing
Entered into approximately $900 million of financing transactions during the quarter.
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.
About Air Lease Corporation
Air Lease Corporation is a leading global 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 new commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions. The company routinely posts information that may be important to investors in the “Investors” section of its website at www.airleasecorp.com. Investors and potential investors are encouraged to consult Air Lease Corporation’s website regularly for important information. The information contained on, or that may be accessed through, ALC’s website is not incorporated by reference into, and is not a part of, this press release.
Singapore Airlines (SIA) has completed sale-and-leaseback transactions for 11 aircraft, comprising seven Airbus A350-900s and four Boeing 787-10s, raising approximately S$2.0 billion in total.
The transactions were arranged by four different parties, as follows:
Lease Arranger
Aircraft
Aergo Capital Limited
1 Airbus A350-900 1 Boeing 787-10
Altavair
4 Airbus A350-900s
EastMerchant / Crianza Aviation
1 Airbus A350-900 2 Boeing 787-10s
Muzinich and Co. Limited
1 Airbus A350-900 1 Boeing 787-10
Total
11
SIA has successfully raised approximately S$15.4 billion in fresh liquidity since 1 April 2020, including these sale-and-leaseback transactions. The amount also includes S$8.8 billion from SIA’s successful rights issue, S$2.1 billion from secured financing, S$2.0 billion via the issuance of convertible bonds and notes, as well as more than S$500 million through new committed lines of credit and a short-term unsecured loan.
SIA continues to have access to more than S$2.1 billion in committed credit lines, along with the option to raise up to S$6.2 billion in additional mandatory convertible bonds before the Annual General Meeting in July 2021.
During this period of high uncertainty, as the airline industry continues to navigate the unprecedented challenges caused by the Covid-19 pandemic, the SIA Group will continue to explore additional means to raise liquidity as necessary.
Mr Goh Choon Phong, Singapore Airlines Chief Executive Officer, said: “The additional liquidity from these sale-and-leaseback transactions reinforces our ability to navigate the impact of the Covid-19 pandemic from a position of strength. We will continue to respond nimbly to the evolving marketing conditions, and be ready to capture all possible growth opportunities as we recover from this crisis.”
On February 1, 2021, Lufthansa will be departing on the longest passenger flight in the history of its company, marking one of the most unique flights the airline has ever carried out. On behalf of the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) in Bremerhaven, the Lufthansa Group’s most sustainable aircraft, an Airbus A350-900, will be flying 13,700 kilometers nonstop from Hamburg to Mount Pleasant in the Falkland Islands. The flight time is calculated at around 15:00 hours. There are 92 passengers booked for this charter flight LH2574, half of which are scientists and the other half, being the ship crew for the upcoming expedition with the Polarstern research vessel.
“We are pleased to be able to support a polar research expedition during these difficult times. Commitment to climate research is very important to us. We have been active in this field for more than 25 years and have equipped selected aircraft with measuring instruments. Since then, scientists all around the world have been using the data collected during the voyage to make climate models more precise and improve weather forecasts,” says Thomas Jahn, fleet captain and project manager Falkland. Since the hygiene requirements for this flight are extremely high, Captain Rolf Uzat and his 17-member crew entered a 14-day quarantine last Saturday, the same time that the passengers did. “Despite the crew restrictions for this particular flight, 600 flight attendants applied for this trip,” says Rolf Uzat.
The preparations for this special flight are immense. They include additional training for the pilots via special electronic maps for flight and landing as well as managing the kerosene available at the Mount Pleasant military base for the return flight. The Airbus A350-900 is currently stationed in Munich, where it is being prepared for the flight. In Hamburg, the aircraft is loaded with additional cargo and baggage, which has been extensively disinfected and will remain sealed until departure. Besides the catering, there are additional containers for the residual waste on board, since this can only be disposed after the aircraft arrives back in Germany. The Lufthansa crew includes technicians and ground staff for on-site handling and maintenance who will quarantine after landing in the Falkland Islands due to government requirements. The return flight LH2575, is scheduled to depart for Munich on 03 February and will be carrying the Polarstern crew, which had set out from Bremerhaven on December 20 to resupply the Neumayer Station III in Antarctica, and must now be relieved.
In order to make research as climate-friendly as possible, the Alfred Wegener Institute will offset CO2 emissions from business flights via the non-profit climate protection organization atmosfair – which is also the case for this particular flight. The institute donates funds for biogas plants in Nepal for every mile flown, thereby reducing the same amount of CO2 emissions. This helps maintain the overall CO2 balance regardless of where in the world the CO2 emissions can be reduced. In addition to pure CO2 emissions, other pollutants such as nitrogen oxides and soot particles are also taken into account.
Preparations for the special flight began together with the Alfred Wegener Institute in the summer of 2020. The usual route via Cape Town was not feasible due to the infection situation in South Africa, leaving only the route via the Falkland Islands. After landing on the Falkland Islands, scientific staff and crew members will continue their journey to Antarctica on the research vessel Polarstern.
Malaysia Airlines will be swapping out its Airbus A380 aircraft for newer, smaller, and more efficient A350 aircraft. The Airbus A380 aircraft are huge, and Malaysia Airlines has been unable to fill all those seats due to the economic strife that it has suffered over the last few years. It’s so much easier to fill a smaller 300 seat aircraft than a larger 500 seat one. The airline has been focusing more on becoming a smaller, regional based air carrier, and reducing its longer haul routes. It will continue to operate its flagship Kuala Lumpur – London route, which will switch over from the A380 to the A350 in January, 2018.
The airline had 6 A380 aircraft, and will wind up replacing them with 6 A350-900’s from Air Lease Corporation. The first of the six was delivered to Malaysia Airlines on November 30, 2017. The airline will be the first A350-900 operator to offer First Class on the aircraft. It will be configured in a three class layout of 4 in First Class, 35 in Business Class, and 247 in Economy Class. The A350 benefits from a carbon fibre fuselage and wings, and newer fuel-efficient Rolls-Royce engines. This offers an improved operational efficiency and a 25% reduction in fuel burn and emissions.
Malaysia Airlines has been suffering from financial turmoil ever since the air carrier was rocked by the twin loss of aircraft that occurred in 2014. On 8 March 2014, Malaysia Airlines Flight 370 disappeared while enroute to Beijing, China from Kuala Lumpur, Malaysia. The Boeing 777-200ER aircraft dissappeared with the loss of all 239 on board. The aircraft was last reported heading out to sea from Penang after its computer course was changed on-board. That was followed by Malaysia Airlines Flight 17 being shot down by rebels on 17 July 2014 while flying over the Eastern Ukraine, killing all 283 passengers and 15 crew on board. That aircraft was also a Boeing 777-200ER.
Airbus gets a $1.8 Billion Commitment From Philippine Airlines for the purchase of 6 A350-900’s, with an option for 6 more. The aircraft deliveries will begin in 2018. The airplanes will be used to replace older, less fuel efficient Airbus A340 models. The order value is based on list price, but airlines usually negotiate substantial discounts on orders.
