ILFC, a wholly owned subsidiary of American International Group and one of the world’s largest aircraft lessors, preaches diversification in terms of aircraft and engine purchases, geographical distribution of its fleet and in the forms of leasing and financial programs it employs. Its Airbus A320 orders, which number 769 following additions at last month’s Paris Air Show, perhaps best reflect the company’s philosophy, notwithstanding the calculated risk it took when it signed as the A320neo’s launch customer.
UK airline easyJet placed conditional orders with Airbus on Tuesday for 100 new A320neos and 35 Sharklet-equipped A320s worth $12 billion at list prices. The A320s are scheduled for delivery between 2015 and 2017, while the A320neos will be delivered from 2017 to 2022, according to the announcement at the Paris Air Show.
EasyJet said 85 of the aircraft will be used to replace aging aircraft as they leave the fleet over the next nine years; the remaining aircraft deliveries will support the carrier’s strategy of increasing its seat capacity by 3 to 5 percent annually.
International Aero Engines (IAE) will begin building the first engine for the Brazilian KC-390 multirole tanker/transport aircraft the week following the Paris Air Show.
The event kicks off the action for an engine program that is celebrating its 30th birthday this year. For the Airbus A320 series application, the IAE V2500 is heading for its highest annual production run ever, with delivery of more than 500 engines planned this year and next.
New England regional Cape Air has resigned itself to shedding all 70 of its Cessna 402s once it finally reaches terms on an agreement for a new fleet type, the company’s new president Linda Markham told AIN at the RAA Convention in Montreal on Wednesday.
The global rivalry between Airbus and Boeing is now firmly rooted on American soil. On April 9, Airbus broke ground on a new A320-series assembly plant in Mobile, Ala., its first U.S.-based production facility. Boeing announced a second-phase expansion of its 787 production facility two states away in South Carolina the next day.
Airbus broke ground on its new A320-family final assembly line in Mobile, Ala., on Monday, during a ceremony attended by the company’s top leadership, state and local politicians, diplomats and aerospace industry executives.
Airbus has managed to infiltrate once undisputed Boeing territory by closing a firm order from Indonesia’s Lion Air for 234 A320-family narrowbodies. Signed Monday during a special ceremony attended by French president François Hollande at the Elysee Palace in Paris, the contract calls for delivery of 109 A320neos, 65 A321neos and 60 current-generation A320s.
The Lufthansa supervisory board has loosened its purse strings and approved a series of major fleet additions, led by 100 Airbus A320 family jets. The Lufthansa Group also plans to order a pair of Airbus A380s and six Boeing 777-300ERs, raising the total value of its newly announced acquisitions to $13.1 billion.
Airbus has raised its sales target for 2013 to 700 airliners after surpassing its target of 650 for last year with gross orders for 914 airplanes and a net order count of 833 after cancellations. But the European airframer has acknowledged that it is especially eager to get sales of its A380 widebody back on track after logging orders for only nine of the superjumbos in 2012.
Airbus has landed a firm order for 58 A320neos and 17 A321neos from Turkey’s Pegasus Airlines, the manufacturer announced Tuesday. Pegasus, the second largest airline in Turkey, also reserved options on 25 more of the re-engined narrowbodies. The contract establishes Pegasus as a new Airbus customer and makes it the first Turkish airline to order the A320neo. It now flies more than 40 Boeing 737-800s.