Aircraft Finance & Leasing News.Sep 10, 2007 Aegean Airlines, Airbus Aegean Airlines' new Airbus A320 aircraft will allow the carrier to expand its international routes and benefit from lower operating costs operating costs npl → gastos mpl operacionales per seat. After all jets are delivered, Aegean says its fleet will be the youngest in southeast Europe. The A320 jets will be powered by International Aero V2500 engines and will gradually replace 15 Boeing 737-300 aircraft. The carrier went public in late June this year, raising EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 136 million in its initial public offering. Sep 7, 2007 Aegean Airlines, Airbus Greek carrier Aegean Airlines said on Thursday it placed an order for an additional six A320 aircraft with Airbus, bringing its fleet total to 25. Aegean, which competes with state carrier Olympic Airlines on domestic and international routes, took delivery of the first three jets earlier in the year and expects 10 more to be delivered next year. The airline said the full renewal of its fleet will be completed by 2010. The order for the 25 jets from Airbus exceeds USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $1.5 billion based on the manufacturer's price list, Aegean said. Sep 7, 2007 Aeroflot, Boeing Aeroflot said on Sept. 5 it finalized an order for 22 Boeing 787-8s valued at $3.6 billion following shareholder approval of the transaction. "The 787 will open new market opportunities as we further modernize our fleet and expand our international reach," GD Valery Okulov said. The airline announced neither an engine selection nor a delivery schedule. Previous reports pegged deliveries as starting in 2014. Boeing has logged orders for 706 787s from 48 customers, including 258 orders this year. Sep 5, 2007 Air Malta Air Malta is the national airline of Malta, based in Luqa. It operates services to around 50 destinations in Europe and North Africa. The airline's hub and base is at Malta International Airport, Malta. , Airbus, Etihad Airways Etihad Airways (Arabic: الإتحاد, ʼal-ʻitiħād) is the flag carrier of the United Arab Emirates. Etihad is based in Abu Dhabi, the capital of the UAE. Air Malta is wet-leasing two Airbus A320s to Etihad Airways and providing operational support on a third for the winter schedule from Sept. 1. Sep 5, 2007 Aviation Capital, Boeing Aviation Capital Group placed an order for 15 additional Boeing 737NGs valued at $934 million, bringing its total firm commitments for the type to 59. The lessor also has firm orders for five 787s. Boeing said the order previously was posted on its Orders and Deliveries website as unidentified. Sep 4, 2007 Boeing, China Southern Airlines China Southern Airlines (中国南方航空公司) (SEHK: 1055, NYSE: ZNH) is an airline based in Guangzhou in the Guangdong province of the People's Republic of China. Boeing received an order from China Southern Airlines, China's largest carrier by fleet size, for 55 additional next-generation 737-700s and 737-800s. The order is worth USD$3.8 billion at list prices, Boeing said in a statement. The 55 planes will add to the 129 737s already in China Southern's fleet and the 14 additional 737s yet to be delivered from previous orders, Boeing said. Sep 7, 2007 Estonian Air Estonian Air is an airline based in Tallinn, Estonia. It is a regional airline feeding into the Scandinavian Airlines System (SAS) network via Stockholm, Oslo and Copenhagen from Tallinn, Estonia. , Saab Estonian Air will add two 33-seat Saab 340s to its current fleet of six Boeing 737s. The regional aircraft will operate three new routes: Daily Tallinn-Helsinki and six-times-weekly Tallinn-Vilnius beginning Sept. 24 and twice-weekly Tallinn-Kuressaare-Stockholm Arlanda from Sept. 27. The airline also is planning to launch service to St. Petersburg and Minsk when it secures the traffic rights. The 340s will be operated by Estonian Air Regional, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. . Sep 4, 2007 Ethiopian Airlines Ethiopian Airlines is an airline based in Addis Ababa, Ethiopia. It is the national airline of Ethiopia, operating scheduled international passenger and freight services to 50 destinations world-wide, as well as domestic services to 28 destinations and passenger and cargo charter , GECAS GECAS General Electric Commercial Aviation Services , Boeing Ethiopian Airlines signed a six-year lease for one Boeing 757-200ER from GECAS. Sep 5, 2007 Garuda Indonesia PT (Persero) Perusahaan Penerbangan Garuda Indonesia, abbreviated to Garuda Indonesia, is the national airline of Indonesia. It is named after the mythical bird Garuda. In Indian Vedic tradition, Garuda is the carrier of the Hindu god Vishnu. , Airbus Garuda Indonesia is in talks with Airbus to acquire around 20 Airbus A320 aircraft to expand its fleet for domestic services, an airline official said on Thursday. The talks with Airbus, a unit of European aerospace group EADS EADS European Aeronautic Defence and Space Company N.V. EADS Expeditionary Air Defense System (USMC) EADS Extended Air Defense Systems EADS Environmental Assessment Data System EADS Echelons Above Division Study , come after the company signed a deal with Boeing in March for 25 Boeing 737-800 planes, with an estimated total value of USD$1 billion. He said the number of the aircraft to be acquired was under review, but it would be "around 20 jets". Sep 7, 2007 Jet Airways Jet Airways (India) Ltd. is an airline based in Mumbai, India, operating domestic and international services. It operates over 330 daily flights to 50 destinations across the country and 6 overseas. , Boeing India's aviation market is forecast to expand at more than 20 percent annually until 2010. Jet has 65 aircraft, including four Boeing 777-300ER aircraft for overseas flights. Jet Airways said it was looking at firming up options for seven 777s and 10 A330 aircraft. The company expected to finalize plans for a cargo carrier by end-2007 and was talking to potential partners, Goyal said. Jet is also looking at co-operating with state-run Air India on some overseas routes for flights and other services and starting an MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. (maintenance, repair and overhaul Maintenance, Repair and Overhaul or MRO is a multi-billion dollar industry which works on international authorization rules to deliver a safe airline operation and to assure reliability and availability of customer fleets. ) operation. Sep 7, 2007 Oman Air, Airbus Oman Air will lease three Airbus aircraft as part of its plan to launch new long-haul services in November, the Arab Air Carriers Organization confirmed. The first two aircraft, an Airbus A330 and an A310, will arrive in October. The A330 will operate to Europe while the A310 will fly on Middle Eastern routes and to Bangkok and other destinations. Sep 4, 2007 Pinnacle Airlines, Delta Air Lines, Continental Airlines Pinnacle Airlines is investing more than $700 million in new aircraft and parts as it gears up to fly for new partner Delta Air Lines and expand service for Continental Airlines. The airline's rapid growth plans included adding 1,000 employees by the end of 2007 -- currently Pinnacle employs about 5,000 -- and recruiting efforts are on track despite the national pilot shortage, says Pinnacle president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Phil Trenary. Sep 5, 2007 Skyways Aviation, Fokker , Air Express Skyways Aviation arranged the long-term lease of an Fokker F100 from Mass Holdings of the Netherlands to Air Express of Sweden. Aircraft will be operated by Air Express on behalf of Skyways Express under an ACMI contract. Sep 4, 2007 South African Airways South African Airways (SAA) is South Africa's largest domestic and international airline company, with hubs in Cape Town and Johannesburg. It is also known in Afrikaans as Suid-Afrikaanse Lugdiens (SAL) , Boeing South African Airways said it will realize "significant cost savings" following renegotiation of several service contracts and grounding of two of its six 747-400s, with the remainder to follow in the coming months. South African listed renegotiated ground handling and baggage agreements with Senegal Handling Service and Optima, a new telephony deal with Transtel, a new contract with warehouse and logistics provider Kintetsu World Express Kintetsu World Express, Inc. (株式会社近鉄エクスプレス and a terminal switch in Hong Kong as key to its restructuring. It said it is on its way to cutting management staff expenses by 30%. Sep 5, 2007 TAM, Airbus TAM decelerated its Airbus A320 family fleet plan for 2008-11 based on lower "demand growth expectations in the domestic market" resulting from Brazil's ongoing ATC ATC Air Traffic Control ATC Average Total Cost ATC Certified Athletic Trainer ATC At the Center (Hartford, Maine retreat center) ATC Applied Technology Council ATC All Things Considered challenges. Its 2008 fleet will contain 98 Airbus narrow bodies, down from 103 originally planned. A320 family aircraft in TAM's fleet will total 101 in 2009, down from 106; 107 in 2010, down from 112, and 110 in 2011, down from 115. Sep 5, 2007 Xiamen Airlines, Boeing Xiamen Airlines is the customer for 25 737-800s listed as unidentified on Boeing's Orders and Deliveries website in early August. The order is worth $1.9 billion at 2007 average list prices. "This order of 25 737-800s plus 10 purchase rights allows us to simplify our fleet with the most cost-efficient and superior-performance airplane in its class," said Xiamen Airlines President Yang Guanghua in a statement. Sep 3, 2007 ZZ Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new real-time service that keeps travelers informed on flight and airport status, delays, security wait times via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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