ALC delivered 22 new aircraft (six A220s; A320neo; eight A321neos; two A330-900s; two 737-8s; three 737-9s) on lease in 4Q22 vs 16 in 4Q22 and ended year with owned/managed/committed fleet of 875 aircraft vs 900 a year ago.
AVOLON delivered/leased 22 new aircraft, and executed 43 lease transactions, in 4Q23 (vs 25 and 75 respectively in 4Q22) and ended year with owned/managed/committed fleet of 1,035 aircraft (vs 834). It also signed LOIs for 14 SLBs.
Airbus is establishing a ZEROe development center in Stade, Germany, focusing on composite materials for hydrogen systems such as liquid hydrogen tanks.
The airline is being privatized to meet the growing demand for air travel and reduce the Kazakhstan government's involvement in the civil aviation industry.
Passenger volume for the Chinese New Year is expected to exceed 2019 levels to reach 80 million, due to relaxed travel restrictions and a longer holiday period.
Asia Pacific regulators are taking different approaches to the U.S. FAA’s recent order to ground the Boeing 737-9, although the effects are largely minimal.
