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.
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.
Boeing and Indian budget carrier SpiceJet announced an order for 30 Next Generation 737-800 with winglets in the presence of U.S. President Barack Obama on Saturday in Mumbai. The contract, valued at some $2.3 billion at list prices, came as part of $10 billion worth of trade deals announced during the President’s visit. SpiceJet currently operates a fleet of 24 Boeing 737-800s and 737-900ERs.
Indian low-cost carrier SpiceJet plans to buy as many as 30 Q400 turboprops from Bombardier in a deal worth up to $900 million.
Ryanair chief executive Michael O’Leary is pushing for single-pilot commercial aircraft operations.
Cebu Pacific of the Philippines has placed a firm order with Airbus for seven more A320s, the manufacturer announced this morning. The latest contract increases the carrier’s A320-family order backlog to 22 aircraft, scheduled for delivery between the last quarter of 2010 and 2014.
Jet Aviation has a long pedigree here in the Asian business aviation community, having established its handling and aircraft support operation at Singapore’s Seletar Airport 15 years ago. Last year, its aircraft management business in the region grew by 20 percent to a fleet of 24 aircraft, nine of which are based in Hong Kong. The Swiss-based group also manages aircraft for clients in Singapore, Thailand, Indonesia, Malaysia and India.
Low-cost carriers (LCCs) in the Asia-Pacific region have made “huge inroads in a relatively short time,” according to the Centre for Asia Pacific Aviation (CAPA). This market penetration has occurred despite somewhat restrictive regulations in some places and government tendencies to favor full-service flag carriers.
This year will likely be an improvement on 2009 for airlines in this part of the world but it won’t mean a quick return to profitability, according to Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA). But the substantial losses the group’s members have suffered in the last two years should at least be reduced, he told AIN in an interview ahead of this week’s Singapore Airshow.
Local low-fare airline Flydubai yesterday inked a pair of aircraft financing deals worth $160 million. Also here at the Dubai Airshow, it signed a contract with Goodrich to supply wheels and carbon brakes for its first 54 Boeing 737s.