Industry News

Thai Air plans to lease eight 787s

Jun 14, 2011 BANGKOK - Thai Airways International Pcl said on Monday its board had approved plans to acquire 37 new aircraft for 118.6 billion baht in 2011-2017. The national carrier would purchase 15 aircraft for 49.5 billion baht and would obtain 22 aircraft under an operating lease for about ... Read more

Avianca A320

Jun 06, 2011 COLOMBIA - Avianca Taca Holding SA, owner of Colombia’s biggest airline by sales, is in talks on ordering between 50 and 100 single-aisle planes as South America’s economic growth spurs travel. The carrier is considering Airbus SAS’s A320neo, as well as Boeing Co.... Read more

Boeing 737-800 in GECAS colors

May 30, 2011 BANGKOK - Nok Air has sealed a deal to lease seven Boeing B737-800 jets from GE Capital Aviation Services Ltd to rejuvenate its fleet and support expansion of operations. The budget airline, 39% owned by Thai Airways International (THAI), will receive the first one from GE's commercial ... Read more

Emirates plans a total of 235 aircraft by 2017

May 26, 2011 DUBAI - Dubai government-owned Emirates Airline, which is hoping to raise new debt, plans to have a total of 235 aircraft by 2017, adding 87 aircraft to its current fleet, as it expects more demand on existing routes and sees ample opportunities to tap new markets. ... Read more

Singapore Airlines to Establish Budget Carrier

May 26, 2011 SINGAPORE — Singapore Airlines Ltd. on Wednesday said it will establish a budget airline catering to cost-conscious travelers on longer-distance routes. The proposed new airline, which will use widebody aircraft to fly medium and long-haul routes, will be wholly owned by Singapore Airlines but will be ... Read more

Orient Thai first 737-300 aircraft

May 19, 2011 BANGKOK - Orient Thai Airlines has quietly begun renewing its fleet to support expansion of its scheduled and chartered services. The privately owned Thai carrier has purchased three Boeing 737-300s from a foreign airline and more recently leased a Boeing 767-300ER from Los Angeles-based Air Lease Corporation (ALC). ... Read more

Emirates Group Achieves Record Profit

May 11, 2011 DUBAI - The Emirates Group has marked its 23rd consecutive year of profit with a record performance of AED 5.9 billion (US$ 1.6 billion) net profit, despite a challenging business climate. The 2010-11 Annual Report of the Emirates Group - comprising Emirates Airline, dnata and ... Read more

Strategic Airlines' A330-200

Apr 26, 2011 BRISBANE - AUSTRALIA'S newest passenger airline, Strategic Airlines, has signalled the most aggressive growth of its long-haul operations yet by applying for the rights to begin flights to the United States from September. The airline applied to the International Air Services Commission last week to begin services ... Read more

Avion Express Italia's first Airbus A320

Apr 13, 2011 SION, Switzerland - Avion Express introduced its first Airbus 320 passenger aircraft on its Air Operators Certificate.  The aircraft, with registration marks LY-VEX, was ferried on March 31st from Mirabel Airport in Montreal to Milano Malpensa Airport in Italy.  The last weeks it has ... Read more

SAS Boeing B737-400

Apr 11, 2011 OSLO - Scandinavian Airlines (SAS) is to phase out its older MD80 and Boeing 737 Classic (-400/-500) aircraft, replacing them with leased A320 and next-generation B737s. In a release the carrier said that it has signed an agreement to lease 5 new B737-800 aircraft from GECAS, as ... Read more

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