BOEING delivered only 13 aircraft (nine 737 MAXs; two 777Fs; two 787s) in November vs 56 (737NG; 45 MAXs; two 767s; two 777Fs; six 787s) in Nov 2023; it has so far delivered 318 aircraft in 2024 vs 527 in all of 2023. It also announced orders for 20 737 MAXs from ALASKA (5) and an unidentified customer (15) and now has 427 (191 net) orders in 2024.
ALASKA AIR GROUP unveiled 3-year 'Alaska Accelerate' strategic plan to deliver $1b in incremental profit by 2027 as result of expansion from merger with HAWAIIAN, which is plans to begin Seattle-Tokyo Narita/-Seoul in 2025 (A330).
IATA says average age of global commercial aircraft fleet is 14.8 years, up from average of 13.6 years in 1990-2024; narrowbody lease rates are 20-30% higher than 2019. The number of parked aircraft is now 14% (5,000 aircraft; 700, or 2%, are parked for engine inspections) of total fleet, which is four percentage points higher than pre-pandemic levels.
GOL filed initial proposed Chapter 11 plan of reorganization with US Bankruptcy Court designed to extinguish US$1.7b in prepetition funded debt and up to US$850m of other obligations; it plans to emerge from Chapter 11 by end April 2025.
IATA is projecting cumulative net airline industry profits of $36.6b in 2025 vs $31.5b predicted for 2024. Total revenues are projected to reach record $1.007 trillion, up 4.4% vs 2024; 5.2b enplanements, up 6.7%; and 72.5m tonnes cargo, up 5.8%. It expects current severe supply chain issues to continue to impact performance, raising costs/limiting growth.
The UK government has noted that the phase-out of free UK emissions trading system (ETS) allocations could disproportionately impact smaller operators.
Leased aircraft now make up more than 51.3% of the global fleet, totaling over 12,000 aircraft, but Air Lease founder Steve Udvar-Házy expects this to settle.
Cathay Pacific has welcomed a new report on sustainable aviation fuel that proposes a wide range of measures to encourage the use of such fuel in Hong Kong.
IATA says the pace of growth in SAF volumes remains disappointing, and more action is needed—especially from traditional oil companies—to boost quantities.
RwandAir is celebrating three years of direct flights from Kigali to Doha, providing improved and consistent connectivity between Africa and the Middle East.
