Azul Linhas Aereos, Brazil’s newest discount airline, registered a 79.71-percent load factor and carried 2.2 million passengers last year, its first full year of operation, and the fledgling carrier expects to turn a profit this year.
Gurgaon, India-based SpiceJet placed a firm order last month for 15 Bombardier Q400 turboprops in a deal worth some $446 million, according to the Canadian manufacturer. The low-fare airline also took options on another 15 airplanes.
Boeing plans to raise its production rate for the 777 program to 8.3 airplanes per month, or 100 airplanes a year, starting in the first quarter of 2013, the company announced this morning. In March the company said it would increase production from five to seven airplanes per month starting in mid-2011.
Southwest Airlines expects to take delivery of its first Boeing 737-800 in March 2012, the company’s chairman, president and CEO, Gary Kelly, revealed during a Wings Club luncheon in New York City today. The airline plans to substitute order position on twenty 737-700s for slots on the same number of 737-800s. It remains in negotiations with Boeing over the precise terms, including configuration and equipment options.
Indian low-fare carrier SpiceJet plans to buy as many as 30 Q400 turboprops from Bombardier in a deal worth up to $900 million.
“The [SpiceJet] board has approved a firm order for 15 and 15 on option,” SpiceJet CEO Neil Mills told AIN. “It has gone to the aircraft review committee and we expect to sign the agreement most probably by the end of [November]. We expect the deliveries to commence from June 2011.
Not everyone agrees with the regional airlines’ assertion that they fly just as safely as their mainline counterparts. With this perception and several specific accidents in mind, the NTSB convened a symposium in late October to shed more light on airline code-sharing arrangements and their role in aviation safety.
A new pilot flight- and duty-time rule proposed by the U.S. FAA has elicited a predictably negative reaction from the airline lobby, but even elements within the pilot community have voiced opposition to a number of the plan’s most fundamental provisions.
Indian low-cost carrier SpiceJet plans to buy as many as 30 Q400 turboprops from Bombardier in a deal worth up to $900 million.
A group of 24 airlines from the U.S. and Europe have allied to oppose export credit agency loan guarantees to foreign customers buying Boeing and Airbus airplanes. On its face, their argument seems logical: no longer do many of the airlines and lessors who get export credit agency support need government-backed loans.
Two new studies underscore the value of business aviation–and the high cost of not using it. Nexa Advisors studied the value of business aviation to Standard & Poor’s Smallcap 600 companies from 2005 to 2010.