Reading Time: < 1 minute On Monday, Southwest Airlines announced it is expanding its all-Boeing fleet and orders 100 more Boeing 737 MAX. The aircraft it purchases is Boeing 737 MAX 7 with options for 155 more. The new purchase agreement takes Southwest’s order book to 200 Boeing 737-7s and 180 Boeing 737-8s, more than 30 of which have already […]
Reading Time: < 1 minute Although air travel demand is still far below what it was before the pandemic outbreak, Delta is preparing for the recovery due to the vaccination rollout. The airline is planning to bring back 400 junior pilots to full flying status by the summer. “We’re excited to be able to offer 400 full-time pilot positions now, […]
Reading Time: < 1 minute Latvian airline airBaltic has announced its plan to build a new aircraft hangar at Riga Airport to maintain its Airbus fleet. The project will allow airBaltic to lower its maintenance costs once the construction is finalized in 2023. Martin Gauss, Chief Executive Officer of airBaltic: “The new hangar has been in our plans for years, […]
Reading Time: < 1 minute Air Canada will cancel some of its orders for Boeing 737 MAX and Airbus A220 jets trying to mitigate the losses it faced due to Covid-19. The number of canceled orders represents 40% of the company’s total deliveries. This uneasy step announced during Air Canada’s earnings call on Monday is inevitable as the company’s losses […]
Reading Time: < 1 minute Air Canada today announced that it recently completed two longer-term refinancing transactions for a total amount of approximately $1.52 billion, replacing short-term facilities. The first transaction consists of a committed Secured Facility totaling $787.7 million to finance Air Canada’s purchase of the first 18 Airbus A220 aircraft with a term of 12 years from the […]
Reading Time: < 1 minute Airbus subsidiary Satair has taken the lead on global material support and services for A220 operators. Since July, Airbus Canada has officially transferred the overall A220 material management services offer to Satair, as part of the integration of the programme into Airbus. The transfer represents a key milestone for Airbus and a significant step in […]
Reading Time: < 1 minute Airbus has finally completed the construction of A220 commercial aircraft final assembly line (FAL) in Mobile, Alabama, and officially opened it. It is a 270,000-square-foot facility built for the production of both the A220-100 and A220-300 versions. At the same time it is yet another significant step in developing Airbus US production capabilities. The inaugural […]
Reading Time: < 1 minute The Latvian carrier airBaltic has worked out and approved a new business plan Destination 2025 CLEAN aimed at defining and adjusting operations of the airline to the coronavirus crisis impacts. The updated five-year strategy involves several key aspects. One of them is fleet reduction. After travel restrictions are lifted airBaltic expects to commence operations with 22 […]
Reading Time: < 1 minute airBaltic, the Latvian carrier, is set to take off after the crisis with reduced fleet, meaning that the airline’s Boeing 737 aircraft will be phased out yet this year, the CEO of airBaltic, Martin Gauss, revealed in the interview with LETA, Latvian state-owned news agency LETA. The decision does not come as a surprise, though. […]
Reading Time: < 1 minute The regional aircraft lessor Nordic Aviation Capital (NAC) has signed a firm order for 20 Airbus A220 aircraft, proving a great demand for the type on the market. The order was placed during Paris Air Show and finalized in the end of 2019. One of the biggest leasing companies and the largest regional aircraft lessor […]