News

São José dos Campos, Brazil – The Brazilian National Bank for Economic and Social Development (BNDES) concluded the financing contract for the export of 32 Embraer E175 commercial jets to American Airlines. The operation, worth around R$4.5 billion, takes place through BNDES Exim Post-shipment, a direct credit line from the Bank to commercialization of national goods destined for export.

The announcement was made Friday July 19 in a ceremony at Embraer’s headquarters in São José dos Campos, interior of São Paulo state, which was attended by the Brazilian President, Luiz Inácio Lula da Silva, the Brazilian Vice-President, Geraldo Alckmin, the Minister of Ports and Airports, Silvio Costa Filho, and the president of BNDES, Aloizio Mercadante, among other authorities.

“This financing will contribute to accelerating the production and export of our aircraft to American Airlines and boosts Brazil’s neo-industrialization process, increasing the country’s innovation and competitiveness,” said Francisco Gomes Neto, president and CEO of Embraer.

At the beginning of the year, American Airlines announced a firm order for 90 E175 jets, with purchase rights for an additional 43 aircraft. The jets will be delivered with 76 seats. If all purchase rights are exercised, the agreement will exceed US$ 7 billion in value, according to the list price. The value of the firm orders was included in Embraer’s backlog in the first quarter of 2024.

Source Embraer / Edited by Fire and Aviation TV shared with Airline Adviser 07/23/24

FARNBOROUGH, United Kingdom, July 22, 2024 /PRNewswire/ — Boeing [NYSE: BA] and Lufthansa Technik announced an agreement to designate Lufthansa Technik as the first Boeing-licensed Service Center (BLSC) for cabin modifications on 787 Dreamliner airplanes, bringing additional choice and capacity to the market.

As a BLSC, Lufthansa Technik is licensed to perform interior modifications on the 787 as an external MRO (maintenance, repair and overhaul) service provider.

“We are pleased to bring additional interior modification capacity to 787 owners and operators by designating Lufthansa Technik as a Boeing Licensed Service Center. Through this novel collaboration, customers will benefit from Lufthansa Technik’s decades of MRO experience, and familiarity with the 787 platform,” said Doug Backhus, vice president of Boeing Cabins, Modifications and Maintenance.

The two parties will continue to make the necessary preparations to enable Lufthansa Technik to start its first 787 cabin modification project in 2025. The BLSC will complement Boeing’s existing 787 Interior Modifications offerings with additional capacity for the market.

This agreement on 787 cabin modifications follows the completion of the first base maintenance event on a 787 Dreamliner this April at Lufthansa Technik Malta.

Source Boeing / Edited by Fire and Aviation TV shared with Airline Adviser 07/22/24

FARNBOROUGH, United Kingdom, July 22, 2024 /PRNewswire/ — Boeing [NYSE:BA] and Japan Airlines (JAL) today announced an agreement for up to 20 more 787 Dreamliners, as the 787’s market-leading efficiency and range are valued on international routes to North America, Asia and India. The deal includes 10 787-9s with options for 10 more, adding to JAL’s current fleet of more than 50 of the popular widebody jet.

“We are delighted to announce the addition of 787 Dreamliners to our fleet. This order underscores our commitment to accelerating the introduction of the modern and more fuel-efficient aircraft to deliver unparalleled service to our customers and further reduce CO₂ emissions. We greatly appreciate the strong relationship and support from Boeing, which has been instrumental in our efforts to modernize our fleet and expand our international routes,” said Yukio Nakagawa, JAL Executive Officer of Procurement.

In recent years, JAL has leveraged the versatility of the 787 to open new point-to-point markets from Tokyo to San Diego, Boston and Bangalore. With a range of up to 7,565 nautical miles (14,010 km), the 787-9 possesses the longest-range capability within the 787 Dreamliner family, enabling JAL to open new routes and adding flexibility to its existing network.

Source Boeing / Edited by Fire and Aviation TV shared with Airline Adviser 07/22/24

FARNBOROUGH, United Kingdom, July 22, 2024 /PRNewswire/ — Boeing [NYSE: BA] and Luxair announced today the European regional carrier is again ordering a new member of the 737 MAX family to power its sustainable growth. A year after purchasing the 737-7 and 737-8 models, Luxair has now placed an order for two 737-10 airplanes with options for two more. The 737-10 is the largest model in the MAX family and provides the best economics of any single-aisle jet.

“The purchase of the 737-10 is another step towards Luxair positioning for its future with the investment in the latest airplane technology that will support Luxair’s growth plans and the decarbonization of our fleet. There is high commonality between the 737 MAX models, and this allows for significant operational savings for the airline,” said Gilles Feith, Luxair CEO.

“In addition to reducing overall fuel use and emissions, the 737 MAXs will help create a 50 percent smaller noise footprint by reducing noise generated by takeoffs and landings at Luxembourg Airport.”

“With three members of the 737 MAX family in its fleet, Luxair will have the flexibility to use the right-size airplane according to the market demand,” said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. “We appreciate Luxair for choosing the 737-10 to support its growth and improve the passenger experience, while realizing the benefits of operating an increasingly fuel-efficient fleet.”

Luxair currently operates a regional fleet of 21 airplanes, including two leased 737-8s and eight Next-Generation 737s. Luxair has expanded its route network by 30% in the past two years, serving 94 destinations.

Source Boeing / Edited by Fire and Aviation TV shared with Airline Adviser 07/22/24

FARNBOROUGH, United Kingdom, July 22, 2024 /PRNewswire/ — Boeing [NYSE: BA] and Korean Air announced today the airline’s intent to purchase up to 50 of Boeing’s highly fuel-efficient widebody airplanes, including 20 777-9s and 20 787-10s with options for 10 more of the largest 787 Dreamliner variants.

Korean Air’s selection of the 777-9 and 787-10 supports planned growth and renewal of its fleet in size, range and capacity to reach high-demand markets in Europe and North America, as well as popular regional routes within Asia. The carrier will leverage the market-leading efficiency and versatility of these widebody jets to enhance its fleet while adding flexibility to its global network ahead of its anticipated merger with Asiana Airlines.

The 777-9 can seat 426 passengers in a two-class configuration with a range of 13,500 km (7,285 nautical miles) and the 787-10 can carry up to 336 passengers with a range of 11,730 km (6,330 nautical miles)

Korean Air’s Aerospace Division currently supplies components for the 787 program, including the model’s unique raked wingtip. The supplier also produces parts for a number of Boeing airplanes including the 737 MAX, 767 and 777.

Source Boeing / Edited by Fire and Aviation Tv shared with Airline Adviser 07/22/24

FARNBOROUGH, United Kingdom, July 22, 2024 /PRNewswire/ — Boeing [NYSE: BA] and National Airlines announced today the global carrier has committed to place its first order for four 777 Freighters. Currently the longest-range twin-engine freighter with unrivaled payload capacity, the 777 Freighter will help maximize the airline’s commercial cargo service and boost market share across its global operations.

“We are elated by this remarkable order of four Boeing 777 Freighters. This demonstrates our commitment to offering efficient, resourceful, and modern air freight services to support our global customers’ increasing transportation demands,” said Christopher Alf, chairman of National Airlines. “The order affirms our fleet growth plan as we enter into the next chapter of National. We sincerely appreciate the support by Boeing and all its associated teams in this journey ahead.”

The 777 Freighter can fly farther (9,200 km / 4,970 nmi) and carry more freight (107 tons) than any other twin-engine cargo jet today. This capability enables operators to fly more freight on more nonstop routes with better operating economics.

The 777 Freighters will join National Airline’s expanding fleet of nine 747-400 freighters. Designed to integrate seamlessly with existing 747 operations, the 777 Freighter allows carriers to easily transfer cargo between the two airplanes to streamline ground logistics and leverage additional cost savings through fleet commonality.

Boeing has delivered more than 270 777 Freighters to date. As the market leader in freighter airplanes, Boeing provides more than 90% of the worldwide dedicated freighter capacity, including production and converted airplanes. Over the next 20 years, Boeing’s 2024 Commercial Market Outlook predicts an additional 2,845 freighters will enter service to meet growing global trade and e-commerce

Source Boeing / Edited by Fire and Aviation TV shared with Airline Adviser 07/22/24

Singapore, 22 February 2024 – Vietjet Air has signed a Memorandum of Understanding (MoU) with Airbus for the purchase of 20 A330-900 widebodies.

When finalized, this will be Vietjet’s first-ever widebody order. The aircraft will be operated on the carrier’s growing long-range network, as well as on high-capacity regional services. They will replace the carrier’s current fleet of leased A330-300s, as well as providing network expansion.

Vietjet Chief Executive Officer Dinh Viet Phuong said, “The new A330neo aircraft is a strategic addition to comprehensively modernize Vietjet’s fleet, enhancing operational capabilities to support our global flight network expansion plan. Its fuel-efficient new-generation design aligns with our sustainable development strategy and ESG goals, aiming for net-zero emissions by 2050. With the introduction of the A330neo, passengers can look forward to longer-range, well-equipped flights with excellent services at more competitive fares.”

“We are excited to work with Vietjet on the next phase of the carrier’s expansion,” said Christian Scherer, CEO of the Commercial Aircraft business of Airbus. “The A330neo will enable the airline to achieve the lowest possible operating costs per seat and to continue to offer its customers the best possible value wherever they fly.

Powered by the latest generation Rolls-Royce Trent 7000 engines, the A330-900 is capable of flying 7,200 nm / 13,300 km non-stop. At the end of January 2024, the A330 Family had accumulated 1,771 firm orders from more than 130 customers worldwide.

Source Airbus / Edited by Fire and Aviation TV shared for Airline Adviser 0722/24

Farnborough, United Kingdom, 22 July 2024 – Drukair – Royal Bhutan Airlines, the national flag carrier of the Kingdom of Bhutan, a fully owned subsidiary of the state holding company Druk Holding and Investments Limited (DHI) has signed a Memorandum of Understanding (MoU) with Airbus for 3 A320neo and 2 A321XLR aircraft to expand its international network.

The new aircraft are anticipated to start delivery in 2030. The airline plans to fly these aircraft out of Paro International Airport and the new airport at Gelephu Mindfulness City (GMC), envisioned to become Bhutan’s futuristic economic hub. From here, Drukair will expand its connectivity to Europe, South East Asia and Australia.

Based on His Majesty Jigme Khesar Namgyel Wangchuck’s vision, GMC, located in the southern plains of Bhutan, is emerging as a new economic engine for the Kingdom. As the national carrier, Drukair plays a pivotal role in enabling the prosperity of GMC and Bhutan by efficiently and reliably meeting growing transportation and logistics needs.

Tandi Wangchuk, Drukair CEO said, “We are thrilled to embark on this new chapter in Drukair’s history, which dovetails perfectly with development of the Gelephu Mindfulness City and work to expand the Gelephu airport. Our investment in these state-of-the-art aircraft underscores our dedication to supporting Bhutan’s vision of holistic and mindful development.”

Source Airbus / Edited by Fire and Aviation TV. Shared for Airlines Adviser 07/22/24

Worse ever worldwide computer outage. Airlines are struggling with far from normal arrivals and departures from mounting cancellations and delays. Saturday 20 July saw some of the worse scenes of the aftermath of Microsoft outage that leave millions at a standstill. Sunday 21 July will still leave many displaced with a final clearing up Monday 22 2024.

Microsoft outage apparently caused by an update to computers by Crowdstrike. Problems became apparent late on Thursday July 18 when three airlines hit by outage were Sun Country, Allegiant Air, and Frontier Airlines. Then select airports across the country had outage and difficulties in airport operations along with reports by Fire and Aviation TV.

It was apparent and other business and late night some fire departments were experiencing problems that by early Friday Morning worldwide outage that brought banks business and cities to a halt.

As many have recovered and others in recovery for the airline industry you cannot just restart at the flick of a switch. Logistically it will take some airlines between three to five days to get back to normal operations.

Source Airlines Adviser in assistance by Fire and Aviation TV 0721/24

DUBAI, United Arab Emirates, July 16, 2024 /PRNewswire/ — Boeing [NYSE: BA] and Emirates SkyCargo today announced an order for five additional 777 Freighters as the operator again picks the world’s most capable twin-engine freighter to meet growing cargo demand. The new purchase takes Emirates’ order book to 245 Boeing widebody airplanes, including 10 777 Freighters.

Emirates SkyCargo is the cargo division of Emirates, the world’s largest international airline. Its investment in the 777 Freighter will boost main deck cargo capacity 30 percent by 2026. In all, Emirates’ freighter fleet will grow to 17 airplanes – including 777 Freighters, 777 converted freighters and 747 Freighters.

“Demand for our world-class product and services is growing exponentially, further amplified by Dubai’s Economic Agenda which aims to double foreign trade and reinforce the city’s position as a global trading hub. This investment in additional Boeing 777 capacity enables us to cater to customer demand and marks a step forward on our long-term strategic growth plan,” said His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates airline and Group. “The next phase of our strategy will include a full assessment for our future freighter fleet reviewing all aircraft options to ensure we are best equipped to respond to the evolving demands of the market and reaffirming our confidence in the role of airfreight and, more specifically, Emirates SkyCargo, in global trade.”

The 777 Freighter can fly further (9,200 kilometers / 4,970 nautical miles) and carry more freight (102 metric tons / 112 tons) than any other twin-engine cargo jet. This range and payload capability allows operators to offer more long-range, nonstop flights to connect markets such as the Middle East with the U.S. and Europe – linking critical high-value cargo markets without refueling.

Source Boeing / Edited by Airline Adviser in partnership with Fire and Aviation TV 07/17/24

SEATTLE, /PRNewswire/ — Boeing [NYSE: BA] and Aviation Capital Group LLC (ACG) announced July 15, 2024, the airplane lessor has finalized an order for 35 737 MAX jets, including 16 737-8 and 19 of the larger 737-10 variant.

Following an incremental 737 MAX order last year, this new purchase increases ACG’s 737 MAX commitment to 82 orders as ACG grows its portfolio to meet customer demand for fuel-efficient airplanes.

“This firm order for additional 737 MAX aircraft enhance the strategic value of ACG’s order book, supports a key pillar of our growth strategy and reinforces our commitment to invest in modern and fuel-efficient aircraft technology,” said Thomas Baker, Chief Executive Officer and President at ACG.

The 737-8 can carry up to 210 passengers based on configuration with a range of 3,500 nautical miles (6,480 km), while the 737-10, the largest 737 MAX model with the best per-seat economics of any single-aisle airplane, seats up to 230 passengers with a range of 3,100 nautical miles (5,740 km). Both variants reduce fuel use and carbon emissions by 20% compared to the airplanes they replace.

On average, each 737 MAX saves up to eight million pounds of CO2 emissions annually and is a quieter airplane, with a 50% smaller noise footprint than the airplanes it replaces.

Source Boeing / Edited by Airline Adviser in partnership with Fire and Aviation TV 07/17/24

ISTANBUL/PRNewswire/ — Boeing [NYSE: BA] and Turkish Airlines made an announced an order for four 777 Freighters to further strengthen the airline’s position in the global air cargo market. With this order placed July 2, 2024, Turkish Airlines will operate 12 777 Freighters.

Turkish Airlines’ purchase of additional 777 Freighters will help the carrier meet growing demand for freight services, driven by the rapid growth of e-commerce and the need for efficient and reliable transportation across the globe. The new freighters will enable Turkish Airlines to optimize its cargo operations, reduce costs and deliver goods to destinations worldwide on time.

“We are proud to continue our long-standing partnership with Turkish Airlines and support its expansion of cargo operations with the addition of Boeing 777 Freighters,” said Paul Righi, vice president of Boeing Commercial Sales for Eurasia. “The 777 Freighter’s payload capacity, range and flexibility will enable Turkish Airlines to deliver exceptional customer service while maximizing operational efficiency.”

With more than 265 deliveries, the 777 Freighter is Boeing’s best-selling freighter airplane of all time. As the market leader in cargo airplanes, Boeing provides more than 90% of the worldwide dedicated freighter capacity, including new production and converted airplanes.

Source Boeing Edited by Airline Adviser in partnership with Fire and Aviation TV 07/17/24

ARLINGTON, Va– Boeing [NYSE: BA] President and CEO Dave Calhoun shared the following message with all employees on Jul1 2024.

Team, I’m pleased to announce that we’ve reached a definitive agreement to acquire Spirit AeroSystems. We believe this deal is in the best interest of the flying public, our airline customers, the employees of Spirit and Boeing, and the country more broadly.

By once again combining our companies, we can fully align our commercial production systems, including our Safety and Quality Management Systems, and our workforce to the same priorities, incentives and outcomes – centered on safety and quality. This is an opportunity to bring back critical airplane manufacturing work on Boeing airplanes into our factories – where Boeing and Spirit world-class engineers and mechanics can work seamlessly together, focused on a common mission to build safe and quality airplanes for our customers.

Among the many actions we’re taking as a company, this is one of the most significant in demonstrating our unwavering commitment to strengthen quality and make certain that Boeing is the company the world needs it to be.

Our acquisition of Spirit will include substantially all Boeing-related commercial operations, as well as additional commercial, defense and aftermarket operations. As part of the transaction, Boeing will work with Spirit to ensure the continuity of operations supporting Spirit’s customers and programs we acquire, including working with the U.S. Department of Defense and Spirit defense customers regarding defense and security missions.

As we work to secure the necessary regulatory approvals, Boeing and Spirit will remain independent companies, but we will continue to work collaboratively with Spirit and its leadership to strengthen the quality and safety of Boeing’s commercial airplanes.

The transaction is expected to close mid-2025 and is subject to the sale of the Spirit operations related to certain Airbus commercial work packages and the satisfaction of customary closing conditions, including regulatory and Spirit shareholder approvals.

As I’ve said before, we will be measured one airplane at a time. This agreement marks an important step in demonstrating Boeing’s commitment to aviation safety.

Source Boeing / Edited by Airline Adviser 07/17/24

Amsterdam – Airbus SE (stock exchange symbol: AIR) has entered into a binding term sheet agreement with Spirit AeroSystems as of July 1, 2024. This is in relation to a potential acquisition of major activities related to Airbus, notably the production of A350 fuselage sections in Kinston, North Carolina, U.S., and St. Nazaire, France; of the A220’s wings and mid-fuselage in Belfast, Northern Ireland, and Casablanca, Morocco; as well as of the A220 pylons in Wichita, Kansas, U.S.

With this agreement, Airbus aims to ensure stability of supply for its commercial aircraft programs through a more sustainable way forward, both operationally and financially, for the various Airbus work packages that Spirit AeroSystems is responsible for today.

The transaction would cover the acquisition of these activities. Airbus will be compensated by payment of $559 million from Spirit AeroSystems, for a nominal consideration of $1.00, subject to adjustments including based on the final transaction perimeter.

Entering into definitive agreements remains subject to an ensuing due diligence process. Whilst there is no guarantee that a transaction will be concluded, all parties are willing and interested to work in good faith to progress and complete this process as timely as possible.

Source Airbus / Edited by Airline Adviser 07/17/24

During an upgrade July 13, 2024, we had a system error thus deleting out 2020 to 2024 posts and upgrades.

We had noticed this into night and July 14, 2024. We are preparing ourselves for the Farnborough International airshow July 22 through July 26, 2024, and monitoring Boeing sales and progress which is imperative to bounce back.

Editorial Press Release Airline Adviser 07/14/24