Air Transport

Falko Regional Aircraft (Falko), an asset manager and aircraft lessor focused solely on the regional aircraft sector, has acquired two Embraer E190 aircraft on lease to Airlink.

After signing an agreement with Safran Aircraft Engines, ST Engineering will provide module repair offload support for CFM Leap 1A and 1B engines.

Arajet wants to open routes from Punta Cana to 19 international destinations—seven of which are unserved at the present time.

Tasked with boosting both production rates and aircraft quality, Boeing is making long-needed changes to its decades-old production protocols.

In June, Airbus delivered 53 A320neo family aircraft, a significant output of the in-demand narrowbodies.

VIETNAM AIRLINES took delivery of its first GTF-powered A320neo (12148); two more are due by end of 2024.

TSA screened one-day record 3.01m individuals in US on July 7.

EUROPE opened an in-depth investigation to assess whether a German recapitalization measure of €6b for LUFTHANSA under the State aid COVID Temporary Framework in line with EU State aid rules; Lufthansa has submitted an appeal.

AIRBUS booked orders in June for 38 A321neos from UZBEKISTAN AIRWAYS (2) and an undisclosed customer (36). It booked orders for 327 aircraft in 1H24 (197 narrowbodies/130 widebodies) vs 1,080 (971 narrowbodies/109 widebodies).

BOC AVIATION executed 59 transactions in 2Q24 vs 73 in 2Q23; it has 680 owned/managed/committed aircraft vs 652.

EUROPEAN FLIGHT ACADEMY (Lufthansa Group) acquired three DA-42 trainers for its Rostock-Laage location.

THY INVESTMENT MANAGEMENT was formed by Turkish Airlines to manage various outside investment projects.

AMERICAN applied to US DOT to begin daily Reagan National-San Antonio (A321); startup date is TBA.

QATAR AIRWAYS acheived record net profit of QAR6.1b for FY23/24; revenues rose 6% to QAR81b.

Rakesh Gangwal, co-Founder of IndiGo, was elected to the Board of Directors of Southwest Airlines.

AERCAP completed 246 transactions (162 lease agreements/47 purchases/37 sales) in 2Q24 vs 215 deals (124 lease agreements/32 purchases/59 sales) in 2Q23; it had 1,717 aircraft, >1,000 engines and >300 helicopters at end of March.

AZUL agreed to lease two A321P2Fs (2741/2759; ex-China Southern) from AerCap for delivery in 4Q24.

JAZEERA AIRWAYS leased ex-Alaska A320-200 (4991) with CFM56s from DAE Capital.

TUIFLY, The Netherlands wet-leased A320-200 (3101) with CFM56s from Global Crossing Airlines.

AIR FRANCE took delivery of new A350-900 (666) on lease from Avolon.

This week, the Carbon Analysis focuses on engine manufacturers, namely CFM International, International Aero Engines, Pratt & Whitney and Rolls-Royce.

In an upcoming airworthiness directive, the FAA will order inspections of all U.S.-registered 737 Next Generation and 737 MAX models in service.

Compensation for boarding time is something flight attendants in the U.S. have been increasingly vocal about as air passenger levels continue to grow.

The plea deal offers little to anyone looking for regulatory or court-ordered consequences forcing fundamental changes at Boeing.

Former US Airways Group CEO and IndiGo co-founder Rakesh Gangwal has joined the Southwest Airlines Board of Directors.