Showing posts with label Airbus A350. Show all posts
Showing posts with label Airbus A350. Show all posts

Monday, October 07, 2013

DTN News - AIRLINES NEWS: Airbus Clinches Landmark Jet Order With Japan Airlines

DTN News - AIRLINES NEWS: Airbus Clinches Landmark Jet Order With Japan Airlines
*Airbus And Japan Airlines Sign Their First Ever Order - Airbus
Source: DTN News - - This article compiled by K. V. Seth from reliable sources  Reuters & Airbus
(NSI News Source Info) TORONTO, Canada - October 7, 2013: Airbus (EAD.PA) clinched its first jet order from Japan Airlines (9201.T) on Monday, cracking a big national market long dominated by the European firm's main rival, Boeing (BA.N).

The U.S. planemaker acknowledged it had paid a penalty for the mechanically troubled debut of its 787 Dreamliner.

The landmark deal for 31 wide-body A350 jets with a combined $9.5 billion list price follows an intense battle between the two manufacturers as JAL and domestic rival ANA Holdings Inc (9202.T) seek dozens of new long-haul jets over the next decade.

The agreement, which is also likely to unsettle a Japanese aerospace industry that builds large portions of Boeing's jets, includes options for another 25 of the A350s.

"This is a huge win for Airbus and a big loss for Boeing," said aerospace analyst Scott Hamilton, managing director of Seattle-based Leeham Co.

"Airbus has been trying to break the wide-body monopoly of Boeing for decades and likewise Boeing has been wanting to keep Airbus out of JAL and ANA."

Shares in Airbus parent EADS rose 1.75 percent in Paris on the good news for the A350, a twin-engine plane designed to carry between 270 and 350 passengers.

First deliveries of the A350 are expected in about a year. JAL expects to start using the plane from about 2019.

Boeing has for decades seen off attempts by the European company to secure an order with JAL. The American firm has benefited from links with its own Japanese parts suppliers and deep political ties between Tokyo and Washington to maintain a share of the national market above 80 percent.

Delays to the 787 Dreamliner and its subsequent grounding after batteries overheated have, however, tarnished Boeing's image and cast doubt on its ability to deliver aircraft on time, industry experts said. Both JAL and ANA are major Dreamliner buyers.

News of the deal, confirming a Reuters report, dominated a major aviation gathering in Spain where Boeing sought to draw a line under recent problems besetting its prestige airliner.

"It's a heartbreak," Kostya Zolotusky, managing director of Boeing Capital Corp, told aircraft financiers in Barcelona.

Problems with the Dreamliner made it hard for JAL to stick with Boeing: "We recognize that we made it very challenging for them in introducing 787 and will work to correct that," he said.

Besides the 787's woes, bureaucratic and political influence over fleet purchases by JAL, which the Japanese government bailed out in 2010, has waned since it went public again a year ago and the Democratic Party that rescued it lost power.

In a sign of how JAL's once cozy government ties have become strained, the carrier on Friday complained that it was unfairly treated over landing rights at Tokyo's Haneda airport after ANA received twice as many new landing slots.

FLYING THE FLAG

Airbus also showed its readiness to move in on Boeing's turf in the Japanese aerospace manufacturing industry, including cooperation in research and development.

"With this order, it gives us more momentum to look for potential joint R&D efforts for the future generation of aircraft," Fabrice Bregier, chief executive of Airbus, told a news conference in Tokyo with JAL President Yoshiharu Ueki.

Ambassadors from Britain, Germany and France and the European Union representative in Japan attended the briefing, each with national flags displayed before of them.

French Foreign Minister Laurent Fabius said significant European diplomatic efforts had gone into winning the deal.

Ueki did not say what JAL would actually pay for the A350s, which vie with Boeing's yet-to-be-launched 777X, but industry analysts said it would be typical to secure generous discounts in such a groundbreaking deal.

"This is seriously bad for Boeing. They need to do a little soul searching," said Richard Aboulafia, airline analyst with the Virginia-based Teal Group. The 787 problems, he said, "inevitably led to doubts about execution, resources and time".

Ueki denied problems with the 787 were a factor in the decision, however - but also repeated JAL's apologies to customers for disruptions to service caused by the Boeing's grounding in January.

He attributed Airbus's successful wooing of his company in part to timing: delivery for the A350, due to begin flying passengers next year, will ensure it is available when JAL needs it at the end of the decade, while the debut of the 777X is further out and less certain.

JAL's new Airbus aircraft, powered by Roll-Royce (RR.L) engines, will begin entering service in 2019, the companies said. Boeing says the 777X will enter service in 2020.

As part of Airbus's sales pitch, the aircraft maker invited Ueki to its base in the French city of Toulouse and gave the former pilot - who spent his flying career on Boeings - a chance to try out one of its A380 simulators.

Ueki said he found the Airbus side-mounted joystick control, which differs from the traditional central column found in Boeing cockpits, easy to use.

AGING FLEET

The battle between the two aircraft makers will now shift to ANA, which is looking for around 25 new jets to replace its aging fleet of long-haul Boeing 777s from 2020.

ANA is still gathering information on the 777X and the A350, Ryosei Nomura, a spokesman for the airline, said.

"This is Airbus's largest order for the A350 so far this year and is the largest ever order we have received from a Japanese airline," Airbus CEO Bregier told reporters.

Boeing, whose ties to Japan date back to the country's postwar reconstruction under U.S. occupation, said it was disappointed but respected JAL's decision.

"We have built a strong relationship with Japan Airlines over the last 50 years and we look to continue our partnership going forward," a company spokesman said via email.

If they chose Boeing's 777X, both JAL and ANA would have to commit to being a launch customer again for a new Boeing jet.

Delays to the 787, a third of which is built in Japan, and its subsequent grounding may have made JAL wary of buying an aircraft that Boeing has yet to officially commit to building. That gave Airbus a rare opening in Boeing's best market.

ANA's boss, Shinichiro Ito, told Reuters last month that his airline would consider possible delivery delay risks when choosing replacements for its older long-haul 777 jets.

With the world's biggest fleet of Dreamliners and being the first airline to fly the innovative carbon composite plane, ANA has been most affected by delays. The aircraft's grounding this year has resulted in millions of dollars of losses.

Japanese suppliers including Mitsubishi Heavy Industries Ltd (7011.T) and Kawasaki Heavy Industries Ltd (7012.T) are expected to join the 777X construction programme, although Boeing has yet to say how much of the work it will pass their way.

(Additional reporting by Natalie Huet and Brian Love in Paris, Alwyn Scott in New York and Siva Govindasamy in Singapore; Editing by Edmund Klamann, Dean Yates and Alastair Macdonald)

Airbus And Japan Airlines Sign Their First Ever Order - Airbus
Japan Airlines (JAL) has signed a purchase agreement for 31 A350 XWBs (18 A350-900s and 13 A350-1000s), plus options for a further 25 aircraft. This is JAL’s first ever order for Airbus aircraft.* It is also the first order Airbus has received from Japan for the A350 XWB, confirming its continuing success with world leading airlines across the globe. JAL and Airbus aim for entry into service from 2019, with the airline’s A350 XWBs gradually replacing its ageing fleet approximately over a six year period.

“We will utilize the A350 XWB to maximum, which offers high level of operational efficiency and product competitiveness, while positively catering to new business opportunities after slots at airports in Tokyo are increased,” said Yoshiharu Ueki, President of Japan Airlines. “In addition to improving profitability with advanced aircraft, we always aim to deliver unparalleled services to customers with the latest cabin and steady expansion of our route network.” 

"Japan Airlines is well known as one of the most preferred airlines in the world providing its passengers with an excellent flight experience. We sincerely welcome Japan Airlines as a new Airbus customer and feel honored by this first ever order from Japan for our all-new A350 XWB,” said Fabrice Bregier, President and CEO of Airbus. "It fills us with pride to see a leading Japanese airline start a new chapter with us. This highlights a very bright and flourishing future for both of us, JAL and Airbus.”

In a typical three-class layout the A350-900 comfortably seats more than 300 passengers on routes as long as 8,100 nautical miles (nm). The A350-1000 is the largest member of the A350 XWB Family, seating 350 passengers on even longer missions up to 8,400 nm. 

All A350 XWB models are equipped with the new Rolls-Royce Trent XWB engines.  
Over 70 percent of the A350 XWB’s weight-efficient airframe is made from advanced materials combining composites (53 percent), titanium and advanced aluminium alloys. 

In addition to innovative materials, the A350 XWB brings together the very latest in aerodynamics, design and advanced technologies and provides significant improvement in fuel efficiency compared with competing models.

To date, the A350 XWB MSN1 has completed around 300 flight test hours out of the campaign’s total 2,500 hours which are to be achieved by five flight test A350’s over the next 12 months. Entry into commercial service of the A350-900 is scheduled for the second half of 2014. With this latest commitment, Airbus has recorded more than 750 firm orders for the A350 XWB from 38 customers worldwide.

* Before the merger by Japan Airlines and Japan Air Systems (JAS), JAS ordered Airbus aircraft. 

More on Airbus presence in Japan


Headline News : A strategic order from JAL expands Airbus' presence in the Japanese market

*Link for This article compiled by K. V. Seth from reliable sources Reuters & Airbus
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

Saturday, July 20, 2013

DTN News - AIRLINES NEWS: Airbus Delivers Its 1,000th A330 To Cathay Pacific

DTN News - AIRLINES NEWS: Airbus Delivers Its 1,000th A330 To Cathay Pacific
Source: DTN News - - This article compiled by Roger Smith from reliable sources Airbus
(NSI News Source Info) TORONTO, Canada - July 20, 2013: Airbus has celebrated the delivery of the 1,000th A330. The aircraft, an A330-300 powered by Rolls-Royce Trent 700 engines, was handed over to Cathay Pacific Airways at special ceremony in Toulouse today. Cathay Pacific together with its sister airline Dragonair is the world’s largest operator of the A330, with a total of 56 now in service.

The 1,000th delivery comes as the A330 continues to enjoy increasing popularity with airlines across the globe. Continuously enhanced to maintain its economic advantage, the aircraft remains the most cost-efficient twin engine widebody in service today for both regional and long haul routes, with the latest versions capable of flying non-stop on sectors of up to 7,250 nautical miles / 13,420 km. The spacious cabin is a firm favourite with passengers, offering the best comfort in its category and the latest state-of-the-art in-flight entertainment systems and connectivity options.   

“The A330 has played an integral part in Cathay Pacific’s growth and we look forward to continuing our successful partnership in the future,” said Ivan Chu, Chief Operating Officer, Cathay Pacific Airways. “The A330 is the backbone of our mid-size fleet and we are delighted with the reliability, flexibility and above all the economics of this great aircraft. We are very proud to be the recipient of the 1,000th A330.”

“It is of particular importance for us to be celebrating this 1000th A330 delivery milestone with our long-standing partner Cathay Pacific Airways,” said John Leahy, Chief Operating Officer, Customers. “The A330 offers the lowest operating costs of any aircraft in its category in service today and is unmatched even by the latest competing aircraft. The fact that a world-leading airline such as Cathay Pacific Airways has placed so many repeat orders says it all.”

Since its first delivery of the A330 in 1995, Cathay Pacific’s Airbus fleet now comprises 38 A330-300s and 11 A340s, while Dragonair flies 21 single aisle A320 Family aircraft and 18 A330-300s. The Cathay Pacific Group has outstanding orders for 10 more A330-300s. The airline will also take delivery of 48 all-new A350 XWBs in the future, including 46 ordered from Airbus and two leased aircraft.

The wide market appeal of the A330 Family is demonstrated daily by over 100 operators, including network carriers, low cost, charter and flag carriers, who fly A330s on all missions from 30 minutes to over 14 hours. About 1.2 billion passengers have enjoyed travelling on board the light, bright and spacious A330 cabin to and from the 300 airports it serves today. More than 1,250 A330s have been ordered to date.

The A330-300 brings Airbus widebody efficiency to airline operations on longer-haul routes.
RANGE AND COMFORT

The stretched-fuselage A330-300 matches twin-engine efficiency with increased passenger capacity – all while retaining the A330 Family’s highly comfortable, low-noise cabin and operating commonality with the entire Airbus fly-by-wire product line.  This jetliner currently has a range of up to 5,570 nautical miles while carrying 300 passengers in a typical two-cabin arrangement, seating 36 in first or business class at a 60-inch seat pitch, and 264 in economy at 32-inch pitch. 

Its designed-in flexibility allows airlines to integrate Airbus’ innovative crew rest facilities without giving up revenue passenger seats.  A secure flight crew location next to the cockpit accommodates one or two bunks, while a pallet-mounted rest area with up to seven bunks for cabin personnel is designed for loading under the main deck, with accessibility via a stair in the centre-left passenger cabin. 

As a member of the popular A330 Family, the A330-300 benefits from demonstrated reliability, performance and unbeatable operating costs of the product line, in service to more than 300 airports worldwide, logging 25 million-plus flight hours on more than 5.5 million flights with over 100 operators. 

Many also profit from Airbus commonality: some 20 A330 customers utilise both A330-300s and the shorter-fuselage A330-200; while pilots with approximately 30 carriers practice mixed-fleet flying by using A330-300/200 jetliners along with four-engine A340s, or A330s alongside single-aisle A320 Family aircraft.

The A330-300 incorporates Airbus’ latest technology, which includes its digital fly-by-wire flight controls, a high-efficiency wing, and more than 10 tonnes of lightweight composite structures in its airframe. A lighter, brighter and more spacious cabin results from updated features that include smoother contours, new interior styling, state-of-the-art LED lighting and newly-designed air conditioning units.  Also available is appealing mood lighting and a choice of overhead storage options with optimised bin designs.

Airbus’ 222-inch fuselage cross-section provides unmatched comfort on the main deck, while also offering large underfloor holds that open up opportunities for extra revenue from cargo.  These holds accept industry-standard LD3 containers in side-by-loading, facilitating cargo processing and interlining.  In a typical arrangement, six 96-inch pallets or 18 LD3 containers can be accommodated in forward zone; while its aft cargo hold can handle such loads as 12 LD3 containers along with one 96-inch pallet, plus bulk cargo.

Caring for the environment, the A330 Family environmental footprint is better than the standards of today and tomorrow.  With its low noise and emissions levels, A330s fly greener and quieter – supported by Airbus’ long-term commitment to further enhancing the eco-efficiency of its jetliner product line.


With the 242-metric-tonne increased maximum takeoff weight version, the A330 will bring increased fuel efficiency thanks to aerodynamic refinements and engine enhancements.

*Link for This article compiled by Roger Smith from reliable sources Airbus
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

Friday, June 14, 2013

DTN News - AIRLINES NEWS: Airbus A350 Makes Maiden Test Flight

DTN News - AIRLINES NEWS: Airbus A350 Makes Maiden Test Flight
Source: DTN News - - This article compiled by Roger Smith from reliable sources BBC News
(NSI News Source Info) TORONTO, Canada - June 14, 2013: The newest aircraft from European planemaker Airbus has taken off on its maiden test flight.

The Airbus A350 is designed to be more fuel-efficient, and a direct competitor to US rival Boeing's 787 Dreamliner.

It is seen as vital to the future of Airbus, which competes with Boeing to supply the majority of the world's airlines with new planes.
It took off from Blagnac airstrip in the French city of Toulouse, where the A350 is assembled, on Friday morning.
The plane will take a short trip to carry out tests, and then land back at Toulouse again.
Boeing's Dreamliner has proved popular since its first flight in 2009, despite recently being grounded by regulators over safety fears relating to its batteries.
Major milestone
Airlines are being squeezed by high fuel costs and falling passenger numbers, and are looking for more fuel-efficient aircraft.
Airbus claims the A350, powered by Rolls-Royce Trent XWB engines, will use about 25% less fuel than previous generation wide-bodied aircraft.
Like the Dreamliner, the A350 is made largely of advanced materials, particularly carbon composites, in order to save weight.
Airbus has already taken more than 600 orders for the new plane, whereas there have been 890 Dreamliner orders so far.
The company hopes to start delivering the first A350s to customers by the end of 2014.
Analysts say a successful test flight would be a major milestone for Airbus in the A350 project, with major aircraft manufacturing projects frequently beset by delays.
"All recent programmes before it, both by Airbus, Boeing and others, have had reasonably horrendous technical problems and delays," said Nick Cunningham, an aviation analyst at the London-based Agency Partners, speaking to French agency AFP.
"So every time you hit a milestone (such as a test flight), it's good news because it means that you've missed an opportunity to have another big delay."
The plane's wings were designed at an Airbus facility in Filton near Bristol, and are manufactured at Broughton in Wales.
The Airbus A350 XWB is a family of long-range, two-engined wide-body jet airliners under development by European aircraft manufacturer Airbus. The A350 will be the first Airbus with both fuselage and wing structures made primarily of carbon fibre-reinforced polymer. It will carry 250 to 350 passengers in three-class seating, depending on variant.
The A350 was originally conceived in 2004 as a largely new design, but with a fuselage based on the A330. This was rejected by some prospective customers. The 2006 redesigned A350 was named by Airbus as the A350 XWB, where the XWB is an acronym extra wide body. Airbus stated that it will be more fuel-efficient and have operating costs up to 8% lower than the Boeing 787.
The launch customer for the A350 is Qatar Airways, which ordered 80 aircraft across the three variants. Development costs are projected to be 12 billion (US$15 billion or £10 billion). The airliner is scheduled to enter airline service in mid-2014. As of February 2013, 617 aircraft have been ordered.

Airbus Related News;
Airbus in advanced talks for $10 billion easyJet order: sources
Reuters
LONDON/PARIS (Reuters) - Airbus (EAD.PA) is in advanced talks to complete a $10 billion orderfor at least 100 planes from British low-cost airline easyJet (EZJ.L), sources familiar with the matter said on Thursday. EasyJet has entered negotiations ...
See all stories on this topic »
Airbus next-generation A350 ready for debut test
NDTV
Toulouse, France: Airbus's next-generation A350 plane takes off on its first test flight today, with its backers predicting hundreds of orders at next week's Paris Air Show as the European company ups the fight against Boeing. The test flight is a ...
See all stories on this topic »
Qatar Airways' First Airbus A380 On course For Delivery
MENAFN.COM
Jun 13, 2013 (Menafn - M2 PRESSWIRE via COMTEX) --Ahead of the planned 2014 delivery of the first Qatar Airways Airbus A380-800 on order, the airline today released the first image of theaircraft in partial livery from the manufacturer's Toulouse ...
See all stories on this topic »
EADS CEO Sees 'Several Hundred' Airbus Orders at Paris Air Show
Wall Street Journal
PARIS--EADS chief executive Tom Enders said Thursday he expects order announcements for "a few hundred" commercial aircraft for its Airbus division during next week's Paris air show. EADS, which stands for European Defence and Space Co. (EADSY ...
See all stories on this topic »
Bombardier gambles on big order payoff with new jet
Globe and Mail
Airbus and Boeing rule the world of bigger commercial jets, and will defend their turf with discounts and revamped planes, while Brazil's Embraer SA, the world's No. 3 plane maker, leads in sales of smaller regional jets. Embraer has 142 firm orders ...
See all stories on this topic »
For Airbus and Bankers, Big A340s Pose Sizable Risks
Wall Street Journal
As Airbus prepares to celebrate as early as Friday the first flight of its A350, which already has attracted more than 600 orders, the European aircraft maker and its bankers are facing what could be hundreds of millions of dollars of losses on the new ...
See all stories on this topic »
Airbus A350 set for maiden flight
BBC News
Airlines are being squeezed by high fuel costs and falling passenger numbers, and are looking for more fuel-efficient aircraft. Like the Dreamliner, the A350 is made largely of advanced materials, particularly carbon composites, in order to save weight ...
See all stories on this topic »

*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

Monday, January 14, 2013

DTN News - AIRBUS AIRLINES NEWS: Singapore Airlines Firms Up Order For More A380s And A350 XWBs

DTN News - AIRBUS AIRLINES NEWS: Singapore Airlines Firms Up Order For More A380s And A350 XWBs
**Repeat order shows great endorsement of Airbus products
Source: DTN News - - This article compiled by Roger Smith from reliable sources Airbus
(NSI News Source Info) TORONTO, Canada - January 14, 2013: Singapore Airlines (SIA) has firmed up an order for 25 more widebody aircraft from Airbus, comprising five of the world’s most efficient, high capacity aircraft, the A380, and 20 A350-900s. The deal was completed in 2012 and follows an agreement in October 2012. 

Singapore Airlines has placed three consecutive orders for the A380, making it the second largest customer of the A380, and now has 19 aircraft in service. In the mid-size category, the new A350 XWB order sees the airline double its backlog for the all-new aircraft to 40. The A350-900s will be used by the airline on both medium and long haul routes.

“This second repeat order from one of the largest A380 operators today is a great endorsement” said John Leahy, Chief Operating Officer, Customers, Airbus. “We’re also delighted that Singapore Airlines are demonstrating equal confidence in the A350. With both these aircraft, Singapore Airlines will have the most modern, most comfortable and most efficient fleet the market can offer.” 

Since 2006 the A380 is registering repeat orders by satisfied customers every year, bringing the total orderbook today to 262 from 20 customers. The A350 XWB gathered 582 orders from 34 customers.

Since first entering service with Singapore Airlines in 2007, the A380 has joined the fleets of nine world class carriers. Typically seating 525 passengers in three classes, the aircraft is capable of flying 8,500 nautical miles or 15,700 kilometres non-stop, carrying more people at lower cost and with less impact on the environment. The spacious, quiet cabin and smooth ride have made the A380 a firm favourite with passengers, resulting in higher load factors wherever it flies. 

The A350 XWB (Xtra Wide-Body) is an all-new mid-size long range product line comprising three versions and seating between 270 and 350 passengers in typical three-class layouts. The new Family will bring a step change in efficiency compared with existing aircraft in this size category, using 25 per cent less fuel and providing an equivalent reduction in CO2 emissions. Entry into service is scheduled for 2014


AIRBUS RELATED NEWS;


THAI Smile to become first A320 commercial operator to use Airbus’ Flight Hour Services

Securing the highest service level and operations
10 JANUARY 2013 PRESS RELEASE
THAI Smile, a subsidiary of THAI Airways International Public Company Limited will become the first Airbus A320 commercial operator to benefit from Airbus’ Flight Hour Services Tailored Support Package (FHS-TSP) following a contract signed between THAI Airways International and Airbus.
The contract, which will run for 15 years, provides an extensive scope of A320 line replaceable units (LRUs) and spare parts availability, LRUs repairs, logistics services, tools availability, APU and nacelle services. An...

Middle East Airlines firms up order for ten A320neo Family aircraft

World’s most fuel efficient single aisle aircraft continues to attract new customers
9 JANUARY 2013 PRESS RELEASE
Middle East Airlines-Air Liban (MEA), the flag carrier of Lebanon, has signed a firm contract for ten A320neo Family aircraft (five A321neo and five A320neo aircraft). This follows the signing of a memorandum of understanding which was announced on 12th July 2012. MEA will announce its engine choice at a later date.
“Airbus’ A320neo Family is the ideal choice for an airline such as Middle East Airlines,” said MEA Chairman-Director General, Mohamad El Hout. “An aircraft offering fuel burn saving, high reliability as well as a modern and comfortable cabin is a sound investment in anyone’s...

CIT adds ten A350 XWB aircraft to its portfolio

Repeat order from top lessor confirms strong market demand for A350 XWB
3 JANUARY 2013 PRESS RELEASE
CIT Group Inc. (NYSE CIT), a global leader in transportation finance has placed a firm order for 10 A350-900s. This is the second time CIT has ordered A350 XWBs and brings the lessor’s total backlog for the type to 15.
“This order for Airbus A350 XWBs will further expand our portfolio of medium-to-long haul aircraft,” said C. Jeffrey Knittel, President of CIT Transportation Finance. “As one of the leading lessors in the world with more than 110 twin aisle aircraft currently in our portfolio and on order, CIT Aerospace maintains one of the youngest, most fuel efficient fleets in the industry....


Avolon increases initial NEO commitment by signing firm order for 20

Becomes latest global lessor to include fuel efficient A320neo in their portfolio
10 JANUARY 2013 PRESS RELEASE
Avolon, the international leasing company has confirmed an order for 20 A320neo aircraft in December 2012.  This firm order is an increase on Avolon’s initial commitment for 15 A320neo aircraft announced in July 2012 at the Farnborough International Airshow. Avolon will make its engine selection at a later date.
“Our increased commitment to the NEO reflects the strong customer feedback we have received since our original announcement for 15 NEO aircraft in July 2012. Maintaining a forward order book of...



*Link for This article compiled by Roger Smith from reliable sources Airbus
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
©COPYRIGHT (C) DTN NEWS DEFENSE-TECHNOLOGY NEWS

Saturday, August 07, 2010

DTN News: Dubai Leasing Firm Slashes Airbus Order By $3 Billion

DTN News: Dubai Leasing Firm Slashes Airbus Order By $3 Billion
* Lessor cuts Airbus order volume by 25 pct, data shows * Move follows apparent cancellation of 25 Boeing planes * Boeing leads 2010 order race, Airbus ahead in production
Source: DTN News / Reuters By Tim Hepher
(NSI News Source Info) PARIS, France - August 7, 2010: Europe's Airbus said on Friday it had more than doubled its tally of 2010 orders due to a bumper Farnborough Airshow, however the pick-up was marred by $3 billion in cancelled orders from Dubai Aerospace Enterprise (DAE). The Dubai-based lessor slashed an order for 100 Airbus passenger jets by 25 percent in volume terms, shedding 18 orders for narrow-body A320 planes and seven orders for A350-900 mid-sized jets, July figures released by the European planemaker showed. The move brings to more than $8 billion the catalogue value of DAE cancellations, totalling 50 aircraft, revealed in Airbus and Boeing (BA.N) data published in the past 24 hours. "I have no comment on that," Mohammed Al Zarooni, recently appointed chairman of state-owned DAE, said when contacted by telephone. Airbus and Boeing declined to comment on the cancellations. Leasing companies were hard hit during the financial crisis though some returned with bulk orders for narrow-body planes at last months' Farnborough trade show, which delivered unexpectedly robust evidence of an economic turnaround. Excluding the effect of cancellations, Airbus said its cumulative 2010 orders jumped to 286 planes by the end of July from 131 planes in the first half of the year. Deliveries reached 298 aircraft. The EADS (EAD.PA) unit targets over 400 orders and a record 500 deliveries this year. There have been several specialist industry reports that part of DAE's order portfolio would be transferred to Dubai's Emirates airline, which ordered 30 more 777s at Farnborough. Al Zarooni's predecessor as DAE chairman was Sheikh Ahmed bin Saeed Al Maktoum, chairman of The Emirates Group. On Thursday, Boeing data revealed cancellations for 25 jets worth over a total of $5 billion at catalogue prices. Comparisons with previously published data indicated the cuts came from DAE. DAE had ordered the 15 787-8 Dreamliners and 10 777-300ER aircraft in 2007, at the peak of a global order boom. Boeing's latest backlog did not include any such wide-body passenger jets for the leasing and repair firm. It did, however, have 91 unfilled DAE orders for narrow-body jets and freighters. DAE also still has 52 Airbus A320 planes and 23 A350-900s, designed to compete with the Boeing Dreamliner, on order with a total list value of $10 billion at current prices. The Director General of Dubai's Department of Finance, Abdelrahman al Saleh, said recently DAE was in negotiations with Boeing and Airbus on its total of some 220 plane orders. Airbus Sales Chief John Leahy said at Farnborough that it was "no secret" that DAE was facing disruption over its orders. After adjusting for total cancellations in the past month, Airbus reported a net total of 245 new orders in the first seven months of the year, up from 117 by the end of June. The data leaves Boeing ahead of its rival in the race for 2010 orders as the industry exits recession, though it still ranks in second place behind Airbus in terms of production. Boeing said it had received total orders for 319 planes between January and July, and a net total of 255 planes after adjusting for cancellations. The net orders include 229 narrow-body Boeing 737 short-haul and medium-haul planes.
(Reporting by Tim Hepher, Erika Solomon; Editing by Jon Loades-Carter, Sharon Lindores)

Monday, July 19, 2010

DTN News: GKN Wins $600 Million Engine Deals, A350 Contract

DTN News: GKN Wins $600 Million Engine Deals, A350 Contract
Source: DTN News / Reuters
(NSI News Source Info) FARNBOROUGH, England, - July 19, 2010: England, July 19 (Reuters) - British airplane parts maker GKN (GKN.L) has won contracts to make components for Rolls-Royce (RR.L) and General Electric (GE.N) aircraft engines and parts for Airbus' new 350 XWB plane. Under a deal worth $300 million to GKN, the company will make tail bearings for Rolls' Trent 700 and 1000 model engines at its El Cajon facility in California until 2020. GKN also said it had signed a five-year deal worth $300 million with GE Aviation to supply aluminum and titanium components for a range of commercial and military aircraft engines. The company added that it won two contracts to make composite parts for the landing flaps of the wings for EADS (EAD.PA)-owned Airbus' new wide-body A350 XWB plane. GKN, which declined to give a value for the Airbus deal, said it would deliver the first components for the XWB's developmental flaps in early 2011.
(Reporting by Rhys Jones; Editing by Steve Orlofsky)