Aircraft Finance & Leasing News.Oct 1, 2007 Aviation industry responding to climate concerns. The aviation industry is taking heat from environmentalists for its role in climate change. Airlines and plane manufacturers are taking steps to reduce emissions, from producing lighter, more fuel-efficient planes to changing schedules and flight patterns to ensure that planes fly as many passengers as directly as possible. Sep 26, 2007 Record Business Jet Deliveries Forecast. Deliveries of business jets could hit an all-time high this year as strong corporate demand offsets concern about rising fuel costs, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the industry's most closely watched forecast. Overall deliveries of more than 1,000 business jets are expected this year, up from the previous record of 861 in 2006, according to the forecast by Honeywell International (makes cockpit electronics, engines and power units), based on interviews with 1,400 flight departments at companies around the world, mixed with information from plane makers and an assessment of general economic conditions. Honeywell expects more than 1,300 new business jet deliveries in 2008. The sharp rise in deliveries reflects a surge in sales for business jet makers over the past three years, benefiting companies such as Gulfstream, Cessna, Canada's Bombardier and France's Dassault Aviation Dassault Aviation is a French aircraft manufacturer of military, regional and business jets, a subsidiary of Dassault Group. It was founded in 1930 by Marcel Bloch as Société des Avions Marcel Bloch or "MB". . Sep 24, 2007 AerCap Holdings, Boeing AerCap Holdings took delivery of a new Boeing 737NG, the seventh of the type the lessor has acquired in the last 12 months. Sep 28, 2007 Air India Air India (formerly Air-India, Hindi: एअर इंडिया) is the national flag carrier of India with a worldwide network of passenger and cargo services. Air India could finalize another aircraft order by the end of November and the Indian government will not delay granting approval, according to Civil Aviation Minister Praful Patel Praful Patel (born February 17, 1957, Kolkata) is an Indian Member of Parliament. He currently if minister of state of Ministry of Civil Aviation of India. Shri Patel graduated in Commerce prior to joining the family business with diverse interests in bidis, tobacco, . "If they complete their fleet planning by November-end, we can give in-principle approval by December," he told India's Economic Times. Sep 27, 2007 BOC Aviation BOC Aviation (formerly named Singapore Aircraft Leasing Enterprise (SALE)) is a company engaged in Commercial Aircraft Sales and Leasing, with headquarters in Singapore and offices in the UK and USA. , Airbus, IAE IAE Institut d'Administration des Entreprises (France) IAE International Aero Engines IAE Impuesto de Actividades Económicas IAE In Any Event IAE Integrated Acquisition Environment IAE Inflatable Antenna Experiment BOC Aviation chose IAE V2500s to power up to 20 Airbus A320 family aircraft including 10 firm and 10 options, worth $240 million if all options are realized. Sep 24, 2007 Boeing Boeing forecasts a $2.8 trillion worldwide market for new commercial airplanes over the next 20 years and projects a need for approximately 28,600 new commercial airplanes (passenger and freighter), doubling the world fleet by 2026. The vast majority of these new airplanes will be in the single-aisle (90 seats and above) and twin-aisle (200-400 seats) categories. Sep 27, 2007 Boeing Boeing forecasts in its Current Market Outlook that Latin American airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the will need 1,730 airplanes worth $120 billion over the next 20 years as air travel in the region grows, according to an analysis presented Sept. 24 at the Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. Airfinance Conference in Rio de Janeiro Rio de Janeiro, city, Brazil Rio de Janeiro (rē`ō də zhänā`rō, Port. rē`  thĭ zhənĕē`r . Air travel within Latin America will grow 6.6 percent during
this period, well above the world average growth of 5 percent -- second
only to China's 8.8 percent forecasted growth rate. Deliveries to
airlines in Latin America will represent approximately 4 percent of the
deliveries measured by dollar value worldwide between 2006 and 2025. Sep
27, 2007
Boeing Boeing forecasts over the next 20 years, deliveries of new airplanes in Latin American will consist of: 8 percent regional jets - less than 90 seats, 80 percent single-aisle airplanes - 90 seats and above, 12 percent twin-aisle airplanes -- 200-400 seats, tri-class, and less than 1 percent airplanes 747-size or larger -- more than 400 seats, tri-class. Boeing projects that single-aisle and twin-aisle airplanes in the 100 to 350-seat categories will account for almost all of the regional growth in air travel over the next 20 years. Combined with the retained fleet and used airplane acquisitions, these new deliveries will result in a Latin America commercial airplane fleet of over 2, 420 airplanes by 2026. Sep 27, 2007 Boeing Boeing is offering India its CH-47F Chinook Chinook, indigenous people of North America Chinook (shĭn k`, chĭ–), Native American tribe of the Penutian linguistic stock. helicopter in response
to the country's expected need for 12 medium- to heavy-lift
helicopters. Boeing's bid will highlight the CH-47F's
high-altitude and lift capability in hot conditions, a must-have for
conditions in India, according to Chuck Allen Charles R. Allen (born September 7, 1939 in Cle Elum, Washington) is a former American collegiate and professional football player. He was a linebacker who played for the American Football League's San Diego Chargers, and the NFL's Pittsburgh Steelers, and Philadelphia Eagles. , Boeing's vice
president and general manager for rotorcraft ro·tor·craft n. An aircraft, especially a helicopter, that is kept partially or completely airborne by airfoils rotating around a vertical axis. systems. Sep 26, 2007 Boeing, Air France Air France in full Compagnie Internationale Air France French passenger and cargo airline with more than 200 destinations in some 80 countries. It introduced supersonic Concorde service in 1976, but financial loss led the company to cease its Concorde , Ocean Airlines The first of six ex-Air France Boeing 747-200Fs is about to enter service with Italian cargo airline This article is about the general type of air carrier. For the Israeli cargo airline, see CAL Cargo Air Lines. Cargo airlines (or airfreight carriers, and derivatives of these names) are airlines dedicated to the transport of cargo. Ocean Airlines. Sep 28, 2007 Boeing, Airbus Boeing took the lead over Airbus in commercial airplane orders in the third quarter, according to an early tally, as both aircraft makers kept drumming up business from fast-growing Asian markets and got some late-period purchases from venerable European carriers. Sep 28, 2007 Boeing, Grumman Navy takes delivery of first Boeing Super Hornet hornet: see wasp. EA-18G to replace its Grumman EA-6 Prowlers. Boeing delivered the first Super Hornet EA-18G "Growler growl·er n. 1. One, such as a dog, that growls. 2. A small iceberg. 3. Informal A container, such as a pail or pitcher, that is used for carrying beer. 4. " aircraft to the Navy on Sept. 24. The Growler features radar-jamming equipment and other gear designed to knock out to force out by a blow or by blows; as, to knock out the brains s>. See also: Knock electronic devices and disrupt enemy air defenses. The Navy will buy three Growlers to test during 2008, and the jets are scheduled to be deployed in 2010. The Navy has agreed to buy 85 at about $60 million each by 2013. Sep 26, 2007 Boeing, Norwegian, FlyNordic Bjorn Kjos, chief executive of Oslo-based low-cost carrier A low-cost carrier or low-cost airline (also known as a no-frills or discount carrier / airline) is an airline that offers generally low fares in exchange for eliminating many traditional passenger services. Norwegian, is the first to admit that his work schedule is about to get much busier following the acquisition of Swedish budget carrier FlyNordic and a recent firm order for 42 Boeing 737-800s. But Kjos is ready for the challenge as he focuses on strengthening the networks of both Norwegian and FlyNordic, as well as turning around the latter[sup.1]s fortunes and making it profitable. Norwegian recently signed a firm order with Boeing for 42 737-800s plus 42 purchase rights, building on a previous lease agreement for 11 of the same model. Kjos says the new aircraft will be used to replace Norwegian[sup.1]s 22-strong fleet of Boeing 737-300s, as well as FlyNordic[sup.1]s Boeing MD-80 fleet. The leased aircraft will be delivered between 2008 and 2010, while the purchased aircraft are scheduled for delivery between 2009 and 2014. Sep 25, 2007 British Airways British Airways in full British Airways PLC International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines. British Airways plans to announce about $8 billion in orders for new aircraft to replace 34 aging Boeing 747-400 jets. The carrier is traditionally a Boeing customer, but has been considering the Airbus A330, A350 and the A380 superjumbo, as well as the Boeing 787 Dreamliner and the 747-800. "We believe there is an opportunity for us to accelerate the improvements that have already been made in terms of noise and local air quality and the overall emissions of our operation," British Airways 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. Willie Walsh Willie Walsh (born in 1961) is an Irish airline executive. He is currently the Chief Executive Officer of British Airways and is a former Chief Executive of Aer Lingus Early life Walsh was born in Dublin, Ireland. He attended his local secondary school Ardscoil Rís. said of the airline's fleet renewal program. Environmental concerns, he said, "have definitely taken a much more important position in our considerations this time around than ever before." Sep 26, 2007 British Airways British Airways CEO Walsh's comments come at a particularly crucial time for the carrier, as it prepares to ink one of its most important ever long-haul aircraft orders in a matter of days. "I said that we would announce (the deal) from two weeks Sept. 19 and we are within that time frame," he said, adding: "We are getting very close to finalising it." Part of the reason British Airways is so confident about putting pen to paper is that the industrial landscape looks relatively benign, after a volatile period that has seen potential conflict with its unions avoided. Sep 25, 2007 British Airways, Airbus, Boeing Analysts said British Airways had probably received significant discounts as Boeing and Airbus battled for the high-profile orders. "With the A380 likely to have been heavily discounted, and a reasonable discount on 24 787s also applied, we'd estimate the real value of the order at around GBP GBP In currencies, this is the abbreviation for the British Pound. 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. 3 billion pounds (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. $6 billion)," said analyst Andrew Fitchie at Collins Stewart. Walsh declined to discuss discounts, which are common in the industry, but said: "I'm very pleased with the way Boeing and Airbus approached this." British Air has arranged for a group of banks to provide USD$1.5 billion of debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay to cover its firm orders to the end of 2011. Sep 27, 2007 British Airways, Airbus, Boeing British Airways ended decades of loyalty to Boeing's 747 jumbo with a switch to Airbus's new A380 superjumbo on Thursday as it announced a mixed plane order worth up to USD$8.2 billion. The order for 12 superjumbos from Airbus and 24 787 Dreamliners from Boeing will replace 34 of the airline's older long-haul planes. British Airways took delivery of its first jumbo on April 22, 1970, becoming just the fifth airline to get one. "It's an excellent boost for UK manufacturing, with Airbus and Rolls-Royce plants benefiting," said Tony Woodley Tony Woodley (born Wirral 2 January 1948) is a British Trade Union leader who came to prominence in June 2003 when he was elected to succeed Bill Morris as General Secretary of the Transport and General Workers Union (T&G). of Britain's biggest union, Unite. "This order will secure many thousands of jobs." Sep 27, 2007 British Airways, Airbus, Boeing British Airways said it was considering aircraft to replace a further 37 Boeing 747s and is examining the Boeing 777-300 ER, the Airbus A350XWB XWB Extra Wide Body (Airbus) , as well as a stretched version of Boeing's 787, the 787-10, which the planemaker has yet to launch. "This puts big pressure on Boeing to actually launch the 787-10," said one London-based brokerage analyst. Another said that while Airbus had scored a major victory in selling the superjumbo to British, it had missed a key opportunity to secure a deal for its newest plane, the A350 XWB, and selling it to British Air would remain a priority for the planemaker. Sep 27, 2007 British Airways, Airbus, Boeing The British Airways superjumbo will fly on routes from London to Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Singapore, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. and the west coast of the United States The "West Coast", "Western Seaboard", or "Pacific Seaboard" are terms for the westernmost coastal states of the Western United States, comprising most often California, Oregon and Washington. . The 24 mid-sized 787 Dreamliners, a model whose rapid sales have revived Boeing's fortunes, will be used to open up new routes and increase the frequency of flights on existing ones. The 787 breaks new ground with a fuselage made of light-weight carbon composite, and is due to enter service next year. The two types of new aircraft will be delivered between 2010 and 2014, and British said it had also taken options for a further seven Airbus superjumbos and 18 of Boeing's Dreamliners. Sep 27, 2007 British Airways, Airbus, Boeing, Rolls-Royce British Airways has revealed its Airbus A380 long-haul routes and delivery dates, following today[sup.1]s long-awaited Airbus A380 and Boeing 787 order. The Oneworld carrier has ordered 12 Airbus A380s and 24 Boeing 787s, with options on seven more A380s and 18 more 787s. British Airways[sup.1]s first 787 will arrive in 2010, followed by its first A380 in 2012. Both types will be Rolls-Royce powered. British Air[sup.1]s long-haul fleet comprises 57 Boeing 747-400s, 43 Boeing 777s and 14 Boeing 767s. The new aircraft will replace 20 of the 747-400s and 14 of its 767s. Although the spokeswoman says that the configuration and network for the A380s and 787s is yet to be detailed, she lists Los Angeles, San Francisco, Singapore, Hong Kong as destinations for the new aircraft type. Sep 27, 2007 Oman Air, Aviation Lease and Finance Oman Air signed an agreement with Aviation Lease and Finance Co. to lease six Boeing 787s for 12 years, with deliveries occurring in 2012, 2014 and 2015, the Arab Air Carriers Organization reported. Sep 25, 2007 Oman Air, Boeing, Aviation Lease and Finance Oman Air, the country's national carrier, agreed in principle to lease six Boeing 787 aircraft for 12 years, Kuwaiti aircraft lessor Aviation Lease and Finance Co (Alafco) said on Sept. 23. The first plane will be delivered in 2012, Alafco said in a statement, without giving a value for the agreement. Alafco last month lost a USD$3 billion initial contract to sell state-owned Kuwait Airways 19 Airbus and Boeing passenger planes because the Kuwait government refused to approve the spending. Sep 24, 2007 Quest Mexicana, BAE Systems Quest Mexicana, the Cancun-based startup, signed a lease deal with BAE Systems Regional Aircraft BAE Systems Regional Aircraft produced the last fully UK-built airliner in November 2001, the Avro RJX (formerly the BAE 146). While this unit no longer produces aircraft it continues to lease aircraft and provide support, spares and training for its products, the Sukhoi Russia plans to sell at least 1,000 of its new Superjet su·per·jet n. A supersonic jet airplane. regional airliners, with 70 percent destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. for export, manufacturer Sukhoi said on Tuesday. The ambitious target exceeds the total number of comparable models on the backlog of the Canadian Bombardier and Brazilian Embraer firms who currently dominate the market for planes under 100 seats. The 78-98 seat Superjet will be unveiled on Sept. 26 at a Sukhoi jet fighter Jet fighter may refer to:
Sukhoi Sukhoi Superjet regional aircraft plans to make the first test flight by the end of 2007 and bring the order book up to 100 jets valued at USD$2.8 billion. Contractors said there were no signs of a further sale to coincide with Sept. 26's roll-out, which is instead being presented as a symbol of Russia's industrial revival. About 1,000 visitors are expected in Komsomolsk for the roll-out, straining the resources of a town once forbidden to travelers as a nerve centre of Soviet submarine and military aircraft production. Pogosyan, a charismatic engineer credited with selling his Superjet ambition to the Kremlin and foreign investors, gave journalists and suppliers a tour of the massive KnAAPO plant. Boeing is now advising Sukhoi on the Superjet but has not invested any cash. "We have a serious past but the world has changed and we could not continue without a strong civil base," Pogosyan said. Sep 26, 2007 Swiss International Air Lines Swiss International Air Lines (short: Swiss) is the principal airline of Switzerland operating scheduled services in Europe and to North America, South America, Africa and Asia. Its main hub is Zurich Kloten Airport (ZRH). Swiss International Air Lines and its insurers have decided to repair the BAE Systems Avro RJ100 which was heavily damaged in a hard landing incident at London City airport London City Airport (IATA: LCY, ICAO: EGLC) is a single-runway airport, intended for use by STOL (Short Take Off and Landing) airliners, and principally serving the financial districts of London. This airport could also be considered a STOLport. last month. The aircraft is a seven-year old example registered HB-IYU owned by Zurich-based Anson Aircraft. It was operating from Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. with 93 passengers and crew when it made the hard landing on 18 August. A Swiss International Air Lines spokesman says: [sup.3]The final decision has been taken to repair it.[sup.2] Early evaluations suggest that the repair work will take approximately 14 weeks, says the spokesman, although he declines to comment on the cost of the work. He says the aircraft suffered a tail scrape, cracks and severe damage during the landing, but declined to comment further on the cause which is subject to an ongoing investigation. Sep 24, 2007 US Airways US Airways in no hurry to use integrated seniority list: US Airways CEO Doug Parker says he wants to negotiate a new pilots contract but is in no hurry to adopt the seniority ruling approved this week by the Air Line Pilots Association. "I don't believe we're going to get a contract ratified that has that list go into effect immediately," Parker says. "There's no way." Sep 24, 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. All rights reserved. |
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