Reading Time: < 1 minute European aircraft manufacturer Airbus lost €1.1 billion ($1.3 billion) last year amid the unprecedented pandemic crisis but expects to deliver hundreds of airplanes and make a profit in 2021. Within 2020, Airbus delivered 566 aircraft down from 863 in 2019. Almost 50% of the deliveries came during the fourth quarter. New commercial aircraft orders also […]
Reading Time: < 1 minute In retaliation against US subsidies for Boeing manufacturer, the European Union is imposing a 15% tariffs on $4bn (€3.37 billion) of U.S. services. The EU won the right to exercise the tariffs plan in October after the World Trade Organization (WTO) had granted its authorization, according to Reuters. “Regrettably, in spite of our best efforts […]
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 The marathon of Wizz Air expansion plans is further carrying on. This time the airline has announced about a massive expansion of its Lithuanian operations, adding one new Airbus A320ceo aircraft to the Vilnius base. This will enable the start of five new routes from Vilnius to Birmingham and Liverpool in the United Kingdom, Hamburg […]
Reading Time: < 1 minute airBaltic has reached an agreement with Airbus on rescheduling deliveries of remaining 28 jets the airline has on order. It will complete the firm order of 50 Airbus A220-300 jets by early 2024. The airline plans to receive three additional Airbus A220-300 aircraft by the end of 2020. airBaltic also holds options for an additional […]
Reading Time: < 1 minute After months of no new orders, Airbus has finally logged four bookings for its commercial aircraft. As of 31 July, Airbus gross orders stand at 369 aircraft, meanwhile considering all the cancellations, net orders total at 302. During the same month, Airbus handed over 49 planes from across the A220 and A320 aircraft families: two […]
Reading Time: < 1 minute All-Airbus fleet of Frontier Airlines, a US low-cost carrier, has further expanded with the 100th aircraft – Airbus A320neo assembled in Mobile, Alabama. The plane is featuring ‘Chinook the Gray Wolf’ on the tail with a distinctive starry night backdrop. Notably, Frontier operates the largest A320neo fleet in the US. As of 30 June, Frontier […]
Reading Time: < 1 minute India’s most advanced aircraft cabin is already in the sky. Vistara, a JV between TATA group and Singapore Airlines Limited (SIA), has taken the delivery of its first Airbus A321neo featuring flat-bed business class. Overall, Vistara’s A321neo features a three-class layout with 12 seats in business class, 24 in premium economy and 152 in economy […]
Reading Time: < 1 minute Yet another milestone in a sustainable future of aviation. Airbus has begun aircraft deliveries by doing sustainable aviation fuel (SAF) flights to customers location from its Hamburg, Germany, site. The first delivery of this kind has already took place. Airbus handed over two brand new A321LR on lease from AerCap to Air Transat using a […]
Reading Time: < 1 minute While fleet grounding news comes hard, each ungrounding case adds extra positive sparkles. Finally, after almost three months, Emirates put back into service its iconic Airbus A380 jets. Following the ”inaugural” flight to London Heathrow, the carrier said it will deploy world’s biggest passenger aircraft on the daily Amsterdam service, and add a second daily […]