Air Transport

HORIZON AIRCRAFT (Robinson Aircraft) secured LOI from JETSETGO, India for 50 Cavorite X7s for US$5m each ($250m total) with option for 50 more.

Air Transport

AIR CANADA agreed to lease ex-Alaska A320-200 (4948) from BBAM.

Air Transport

AIR FRANCE-KLM and CMA CGM are withdrawing from their existing commercial cargo agreements from March 31 due to tight regulatory environment in certain markets; they have begun discussions on new terms to operate independently.

Air Transport

SKY EXPRESS, Greece took delivery of second ATR 72-600 (1684) as part of firm order for two from IOGR Group.

Air Transport

AIR SERBIA carried record 4.19m pax in 2023, up 44% vs 2022.

Air Transport

PORTER AIRLINES began daily Toronto Pearson-Los Angeles (E195-E2).

Air Transport

GOAL reports in 2023 it signed leases for eight aircraft, delivered five, transitioned five to new lessees, signed one lease extension and sold eight aircraft. It ended year with owned/managed/committed fleet of 68 aircraft vs 63 a year ago.

Air Transport

LONDON HEATHROW handled 6.7m pax in December, up 12.7% from Dec 2022, and 79.2m pax in 2023, down 2.1% from record 80.9m in 2019.

Air Transport

FRANKFURT AIRPORT handled 4.6m pax in December, up 15.2% from Dec 2022; and 59.4m pax in 2023, down 16% from record 70.5m in 2019.

Air Transport

INVESTEC and BAYERNLB closed $130.2m deal to finance 15 narrowbodies managed by Aero Capital Solutions (ACS).

Air Transport

By Sean Broderick
The review led by retired U.S. Navy Admiral Kirk Donald will examine Boeing’s commercial airplane quality management as well as its supplier quality oversight.
Safety, Ops & Regulation

By Christine Boynton
The Jan. 16 ruling leaves the door open for the defendant airlines “to take another run at a merger at any time.”
Airlines & Lessors

By William Moore
This week's analysis delves into the world of small airlines with fleets of less than 50.
Airlines & Lessors

VOLARIS, Mexico is projecting y-o-y ASM decrease of 16-18% in 2024 due to A320neo groundings for GTF removals.

Air Transport

HELVETIC AIRWAYS agreed to lease four E195-E1s (TBA) from Azorra from mid-2024, increasing E-Jet fleet to 22.

Air Transport

NAV CANADA reports y-o-y traffic increase of 8.3% in December 2023.

Air Transport

SPICEJET, India received Board approval to proceed with US$270m equity infusion via private placement of new shares.

Air Transport

ENTEBBE AIRWAYS, Uganda plans 1H24 startup of charter operations with two 777-200s (third due by end of 2024).

Air Transport

NORWEGIAN AIR SHUTTLE completed acquisition of WIDERØE for NOK1.125b, subject to certain adjustments.

Air Transport

CARGOJET terminated commitment with Mammoth Freighters for four 777 freighter conversions and will continue to operate fleet of 757Fs (15 in 2024) and 767Fs (25). It has retained rights to provide optionality for future conversion slots.

Air Transport

MALAYSIA AIRLINES took delivery of new 737-8 (66440) on lease from Air Lease Corporation.

Air Transport

JET2, UK leased ex-Pegasus 737-800 (41767) from BOC Aviation.

Air Transport

By Graham Warwick
A European research project to evaluate distributed electric propulsion using a subscale flight demonstrator is back up and running.
Advanced Air Mobility

By Victoria Moores
Spanish carrier Iberia has put forward a proposal to spin-off its ground handling activities into a new company, resulting in 1,727 voluntary redundancies.
Airlines & Lessors

By Graham Warwick
The Hawai’i Seaglider Initiative has been launched to advocate for the adoption of electric wing-in-ground-effect vehicles.
Advanced Air Mobility