Sometimes you win, sometimes you lose. Airbus and Boeing know this all too well when clinching aircraft orders. But the announcement from Air France-KLM that it intends to order up to ninety Airbus A350s must be tough for Boeing. Once confirmed, the…
Lessor Avolon has confirmed a Memorandum of Understanding previously announced in June for twenty Airbus A330neo’s, with most of them believed to be for the larger A330-900. Avolon has also converted options on fifty A320neo’s into A321neo’s, it said on September…
The FAA is to release a new Airworthiness Directive on August 22 that requires additional inspections of the Pratt & Whitney PW1100G-JM. This follows the analysis of an incident on an Airbus A320neo in December last year. The issue is related…
Lessor BOC Aviation returned to profitability during HY1, reporting a $262 million net profit for the period. This compares to a $-313 million loss in 2022, which includes the impairment for aircraft in Russia. The owned portfolio exceeded 400 aircraft for…
Cathay Pacific has returned to profitability for the first time since the pandemic, reporting a HK$4.763 billion net profit for the first half year of 2023. The carrier recovered strongly after travel restrictions in Hong Kong and China were lifted,…
UPDATE – As the biggest operator of the Geared Turbofan in the US, Spirit Airlines expects to be hit hard by the latest engine issue. The airline will remove seven Airbus A320neos from service after Labor Day for accelerated inspections…