Air Transport

In a new outlook paper highlighting major changes in the aviation market, lessor Avolon said it expects market lease rates to rise further.

Long-haul LCC Air Japan will commence service between Tokyo’s Narita International Airport and Singapore Changi Airport on April 26.

United Airlines is adding a third seasonal route to Athens and boosting service to Alaska and Canada.

China Southern Airlines is set to offer a record summer schedule to London.

The latest airline route news, featuring network changes, schedule alterations, codeshares and interline agreements.

Akasa Air and CFM International have signed an agreement to purchase CFM LEAP-1B engines to power 150 Boeing 737 MAX aircraft.

Azorra has delivered the first two Embraer E195-E2 aircraft to Royal Jordanian Airlines.

Emirates will ramp up its operations in Australia by upgrading its second daily flight between Dubai and Brisbane to an A380 starting from October 1.

Air Arabia has launched its newest route connecting Sharjah with Athens, the capital of Greece.

With passenger levels rising steadily within the Gulf, flydubai is seeking to expand – if it can only get its hands on the aircraft it has ordered.

Iraq’s Fly Baghdad has suspended flights on all routes days after the U.S. Treasury accused the airline of transporting Iran-backed militants.

The announcement came just hours after the last flight of the Glasgow-based regional carrier's once-large fleet of Saab 340 turboprops after 24 years’ service.

The two partners in the CFM International joint venture, GE and Safran Aircraft Engines, are studying how to evenly share revenues in a future engine.

Dominating this week’s top air transport stories include FAA halting Boeing’s planned production increase of the MAX and United Airlines removing the MAX 10 from its internal plans as investigations continue on the inflight loss of an exit door plug on an Alaska Airlines 737-9 on Jan. 5.

Though Boeing’s 737-9 is now allowed to return to service after close inspections, the FAA’s decision to freeze production at current levels is a huge blow.

Joe Anselmo sits down with experts to discuss aerospace suppliers and investors—and what the new MAX woes could mean for their businesses.

Our roundup of the main aerospace and defense stories making the news this week.

JETSMART, Chile leased GTF-powered A321neo (11786) from SMBC Aviation Capital, the fourth of a 5-aircraft deal.

FLY BAGHDAD has ceased operations until further notice due to US sanctions. It has nine 737s and two CRJs.

CHINA SOUTHERN AIRLINES took delivery of new 737-8 (63282), the first MAX delivery to China since 2019.

AIREXPLORE, Slovakia leased ex-Bluebird Nordic 737-800SF (33813) from Tokyo Century; GA Telesis arranged.

EASYJET earned (EBITDAR) £74m on £1.8b revenues in first quarter ended Dec 31 vs £42m on £1.5b a year ago.

LUFTHANSA completed purchase of four ex-LATAM A350-900s (035/045/079/363) from Deucalion (SPNWS; May 26).

AERGO CAPITAL purchased two A321-200s (3820/3878; leased to AEGEAN) from Skyworks.

Martin Browne, Magnus Stephensen, Kari Karason and Sigthor Einarsson co-founded IAT Leasing, Dublin/Reykjavik.