Okay Air thumbs up for Dreamliner

November 27, 2017 by  
Filed under News, North Asia

BEIJING, 27 November 2017: Boeing and China’s first privately owned airline, Okay Airways, have finalised a USD1.4-billion order for five Dreamliner jets, the two companies said on Thursday.

The purchase of the five 787-9 long-haul aircraft by the Beijing-based airline was signed off in the United States on Wednesday and announced on Thursday via the companies’ official accounts on Chinese microblogging site, Weibo.

Okay Airways currently has a fleet of 26 single-corridor Boeing 737 planes, which fly to 70 destinations in China and elsewhere in Asia. Read more

Flydubai spends a bundle with Boeing

November 17, 2017 by  
Filed under Aviation, Middle east, News

DUBAI, 17 November 2017: Boeing on Wednesday announced an order from Gulf airline flydubai for 225 medium-haul 737 MAX aircraft with a list price of USD27 billion, hailing it as the “largest-ever single-aisle jet order” from a Middle East carrier.

The announcement, made at the Dubai Air Show, came just hours after rival Airbus said it had secured the biggest-ever order in its history to supply 430 medium-haul A320s to US investment firm Indigo Partners at a catalogue price of USD49.5 billion (42 billion euros).

The rival US and European manufacturers are engaged in a fierce battle for the medium-haul market, the world’s largest by volume, both offering re-engined versions of their top-selling models that promise a 15% reduction in fuel production. Read more

Airbus lands biggest contract

November 17, 2017 by  
Filed under Aviation, Middle east, News

PARIS, 17 November 2017: Airbus announced its biggest-ever order on Wednesday, signing a deal to supply 430 of its medium-range A320 family of aircraft to US investment firm Indigo Partners, at a list price of USD49.5 billion (42 billion euros).

“An order for 430 aircraft is remarkable,” said Airbus chief operating officer, John Leahy.

“But it’s particularly gratifying to all of us at Airbus when it comes from a group of airline professionals who know our products as well as the folks at Indigo Partners do.” Read more

THAI’s Q3 operating profit improves

November 16, 2017 by  
Filed under Aviation, News, Thailand

BANGKOK, 16 November 2017: Thai Airways International and its subsidiaries closed the third quarter 2017 with an operating profit of THB 739 million, an improvement from last year’s Q3 that accumulated a loss of THB 836 million.

The latest financial results for Quarter 3 suggest the airline’s transformation plan is progressing, although like other legacy carriers it is facing tough competition from low-cost airlines that are expanding regional flights from bases in Thailand.

In its statement to the Stock Exchange of Thailand the national airline reported revenue increased by 6.3% and non-fuel expenses “were efficiently controlled.” Read more

Emirates orders Dreamliners

November 14, 2017 by  
Filed under Aviation, Middle east, News

Singapore, 14 November 2017 – Emirates, announced at the weekend it has made a USD15.1 billion (AED 55.4 billion) commitment for 40 Boeing 787-10 Dreamliners.

The order signed during the 2017 Dubai Airshow.

Emirates is now evaluating engine options for its Dreamliner order. Aircraft deliveries will begin 2022. Read more

China books massive Boeing order

November 10, 2017 by  
Filed under Aviation, News, North Asia

BEIJING, 10 November 2017: China signed an agreement Thursday to buy 300 airplanes from US aerospace giant Boeing valued over USD37 billion, as part of a multi-billion dollar raft of deals announced during President Donald Trump’s visit to Beijing.

The agreement for China Aviation Suppliers Holding Co (CASC) to buy the single-aisle and twin-aisle aircraft was among the more than USD250 billion in agreements announced at a ceremony attended by Trump and Chinese leader Xi Jinping.

A Boeing statement said the agreement includes “orders and commitments” to buy the aircraft, but it did not give a further breakdown. Read more

Emirates reaches a ton

October 20, 2017 by  
Filed under Lens Lines, Middle east

DUBAI, 20 October 2017: Already the largest A380s operator, Emirates will take deliver if its 100th A380 aircraft 3 November.

Over 80 million passengers have flown on the superjumbo in the nine years since it first joined Emirates’ fleet.

Today, Emirates flies the A380 to over 45 destinations across Africa, Asia, Australasia, Europe, the Middle East, and the Americas. Read more

Plane rides: Uber of the sky

October 19, 2017 by  
Filed under AMERICAS, Aviation, News

LAGUNA BEACH, USA, 19 October 2017: Eviation Aircraft chief executive Omer Bar-Yohay pictures a day not too far away when summoning a bargain plane ride with a smartphone will be as easy as hailing Uber.

The Israel-based start-up working on a self-piloting, electric aircraft was at the WSJD Live conference here Tuesday with a vision of “Uber meeting Tesla in the sky.”

Bar-Yohay spoke of a future in which people could take Uber to a regional airport, then use another smartphone application to summon an Eviation electric plane to whisk them inexpensively to destinations hundreds of miles away. Read more

Qatar places Boeing order

September 27, 2017 by  
Filed under Aviation, Middle east, News

QATAR, 28 September 2017: Qatar Airways announced Tuesday it has placed an order worth more than USD2 billion for six Boeing planes, which it said reflected the airline’s continued expansion in the United States.

A statement on the Gulf carrier’s website said it had placed an order for two Boeing 747-8 Freighters and four 777-300ERs.

It added that the order was valued at USD2.16 billion (1.8 billion euros) “at list prices”. Read more

Budget airlines drive aircraft demand

September 25, 2017 by  
Filed under News, Singapore

SINGAPORE, 25 September 2017: Smaller planes will dominate aviation orders worldwide in the next 20 years, driven by the needs of budget airlines in emerging markets like Southeast Asia, Boeing said Friday.

Nearly three in four of the 41,030 new commerical planes expected to be delivered in the period at a cost of USD6.1 trillion will be single-aisle, according to the US aircraft maker.

“As you would expect because of the dominance of (low cost carriers) and requirements to connect shorter ranges, 72% of units will be in the single-aisle category,” Dinesh Keskar, Boeing’s senior vice president for Asia-Pacific and India sales, said at a briefing in Singapore. Read more

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