Industry News

Lufthansa Airbus A330-300

Sep 23, 2010 FRANKFURT - Lufthansa’s Supervisory Board has approved the acquisition of 40 Airbus aircraft worth approximately US$4.3 billion. These aircraft are destined for Lufthansa, plus two of the Group’s subsidiary airlines: SWISS and Germanwings. The orders comprise: 20 A320 Family aircraft and three A330-300s ... Read more

Cathay Pacific Airways 777-300ER

Sep 22, 2010 SEATTLE - Boeing and Cathay Pacific Airways today announced the Hong Kong-based carrier has exercised existing purchase rights for six additional Boeing 777-300ERs (Extended Range). The six new airplanes, with an estimated value of US$1.6 billion at Boeing list prices, will increase Cathay Pacific's 777-300ER future ... Read more

Jet Airways Airbus A330

Sep 21, 2010 NEW DELHI -  Jet Airways has decided to lease five additional A330 jets from the US-based Intrepid Aviation Group LLC to serve the rising demand for international travel. The long-haul jets would be taken on long-term operating lease and would be deployed on European and South East Asian routes.... Read more

A350 XWB in Cathay's Livery

Sep 17, 2010 HONG KONG - Cathay Pacific Airways has firmed up a previously announced commitment for 30 all-new ­A350 XWB long range aircraft. The purchase agreement was finalised in Hong Kong today by Tony Tyler, Chief Executive, Cathay Pacific Airways and John Leahy, Chief Operating Officer Customers, ... Read more

Austral's First Embraer 190

Sep 16, 2010 BUENOS AIRES - Austral Líneas Aéreas, the domestic arm of Aerolineas Argentinas, has taken delivery of its first two Embraer 190 jet from an order for 20 it placed in May 2009. The Argentine carrier’s Embraer 190s are configured with 96 seats in a ... Read more

757-200 currently on lease to AeroGal, Ecuador

Sep 15, 2010 Colombian flag carrier Avianca has selected BAE Systems to exclusively remarket a single Boeing 757 airliner for sale or lease. The Boeing 757-200 is currently on lease to Aerolineas Galapagos Aerogal of Ecuador. The aircraft was manufactured in 1994 and is powered by two Rolls Royce RB211-535E4 engines.... Read more

TRIP Operates Six E-175s

Sep 01, 2010 CAMPINAS, São Paulo - Trip Linhas Aéreas will seek funds from Brazil’s national development bank, known as BNDES, and international leasing operations to finance its plan to add 10 aircraft to its fleet in 2011, said Chief Executive Officer Jose Mario Caprioli. ... Read more

GoAir A320

Aug 31, 2010 NEW DELHI -- GoAirlines (India) Pvt. Ltd. said Monday it is talking to Airbus to advance the delivery of 10 A320 airplanes by about a year to capitalize on a rebound in air travel in the country. The operator of the GoAir budget carrier can expand faster ... Read more

Mexicana Stopped All Operations Today

Aug 28, 2010 MEXICO CITY - CNN reported today that Grupo Mexicana suspended operations at its three airlines Saturday "until further notice," citing the financial problems inherited when the group changed owners a week ago. The company's three airlines -- Mexicana Airlines, MexicanaClick and MexicanaLink -- stopped all flights at midday Saturday, ... Read more

Mexicana Sold to Pilots, local Investors

Aug 23, 2010 MEXICO CITY - A group of Mexican investors called Tenedora K purchased a 95 percent stake in Nuevo Grupo Aeronautico SA, the holding company for the airline Compania Mexicana de Aviacion. Tenedora K will be the majority owner, while the country’s pilots’ union holds 5 ... Read more


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