Airbus A220

JetBlue Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023

Operating revenue of $2.4 billion for the third quarter of 2023, down 8.2% year-over-year.

Key Points: 
  • Operating revenue of $2.4 billion for the third quarter of 2023, down 8.2% year-over-year.
  • Operating expenses per available seat mile ("CASM") for the third quarter of 2023 decreased 3.3% year-over-year.
  • Operating expense per available seat mile, excluding fuel and related taxes, other non-airline operating expenses, and special items ("CASM ex-Fuel") for the third quarter of 2023 increased 5.9% (1) year-over-year.
  • Average fuel price in the third quarter of 2023 of $2.94 per gallon, including hedges.

Air Canada to Acquire 18 Boeing 787-10 Dreamliner Aircraft under ongoing Fleet Renewal and Fuel Efficiency Drive

Retrieved on: 
Monday, September 25, 2023

Firm order for 18 aircraft and 12 options; first delivery scheduled for late 2025

Key Points: 
  • Firm order for 18 aircraft and 12 options; first delivery scheduled for late 2025
    MONTREAL, Sept. 25, 2023 /CNW/ - Air Canada today said it has placed a firm order with The Boeing Company for 18 Boeing 787-10 Dreamliner aircraft.
  • They will be used to replace older, less efficient wide-body aircraft currently in the Air Canada fleet.
  • The agreement also includes options for another 12 Boeing 787-10 aircraft, which will provide flexibility for growth to meet future customer demand.
  • In total, Air Canada currently operates approximately 240 aircraft in its mainline and Air Canada Rouge fleet.

Motorlux Features Automotive-Themed Culinary Pairings, First-Class Aircraft Display, and Expanded Experiences

Retrieved on: 
Wednesday, August 2, 2023

TRAVERSE CITY, Mich., Aug. 2, 2023 /PRNewswire/ -- Motorlux, the automotive and aviation kick off to Monterey Car Week, will feature curated automotive-themed food pairings, 200 automobiles, more than a dozen aircraft, 30 farm-to-table culinary stations, a handpicked selection of 24 premium local wines, and 30 top-shelf cocktail options. The evening event returns to the Monterey Jet Center on Wednesday, August 16 for the 32nd time.

Key Points: 
  • Hundreds of other cars will also be on display: from full classics, to modern exotics, and everything in between.
  • Also known for its immersive aircraft experiences, Motorlux will feature everything from an Airbus Corporate Jets ACJ TwoTwenty, to helicopters from Bell Textron.
  • "Motorlux is an immersive experience, celebrating the finest in both the automotive and culinary worlds.
  • CHP 11-99 Foundation is also bringing their Ford Mustang Dark Horse as a display car and raffle item.

JetBlue Announces Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 1, 2023

Net income for the second quarter of 2023 under Generally Accepted Accounting Principles (“GAAP”) of $138 million or $0.41 per share.

Key Points: 
  • Net income for the second quarter of 2023 under Generally Accepted Accounting Principles (“GAAP”) of $138 million or $0.41 per share.
  • Operating revenue of $2.6 billion for the second quarter of 2023, up 6.7% year-over-year.
  • Operating expenses per available seat mile ("CASM") for the second quarter of 2023 decreased 12.2% year-over-year.
  • Average fuel price in the second quarter of 2023 of $2.63 per gallon, including hedges.

Chairman of the Board of Avia Solutions Group Gediminas Ziemelis: The reason your flight is delayed or canceled? A lack of aircraft engines

Retrieved on: 
Thursday, June 29, 2023

Here, the Chairman of Avia Solutions Group, Gediminas Ziemelis, explains how the lack of aircraft engines and long turnaround times at engine shops are forcing airlines to make changes to their flight schedules at short notice, threatening another chaotic summer season.

Key Points: 
  • Here, the Chairman of Avia Solutions Group, Gediminas Ziemelis, explains how the lack of aircraft engines and long turnaround times at engine shops are forcing airlines to make changes to their flight schedules at short notice, threatening another chaotic summer season.
  • The company said that the forced changes demonstrate the serious and far-reaching issues of engine shortages facing the industry.
  • KLM Cityhopper blamed difficulties with fully deploying the Embraer E195-E2 on changes to its flight schedules.
  • As an alternative, the airline will retain older Embraer E190 aircraft and sign wet lease agreements to mitigate the impact as much as possible.

Chairman of the Board of Avia Solutions Group Gediminas Ziemelis: The reason your flight is delayed or canceled? A lack of aircraft engines

Retrieved on: 
Thursday, June 29, 2023

Here, the Chairman of Avia Solutions Group, Gediminas Ziemelis, explains how the lack of aircraft engines and long turnaround times at engine shops are forcing airlines to make changes to their flight schedules at short notice, threatening another chaotic summer season.

Key Points: 
  • Here, the Chairman of Avia Solutions Group, Gediminas Ziemelis, explains how the lack of aircraft engines and long turnaround times at engine shops are forcing airlines to make changes to their flight schedules at short notice, threatening another chaotic summer season.
  • The company said that the forced changes demonstrate the serious and far-reaching issues of engine shortages facing the industry.
  • KLM Cityhopper blamed difficulties with fully deploying the Embraer E195-E2 on changes to its flight schedules.
  • As an alternative, the airline will retain older Embraer E190 aircraft and sign wet lease agreements to mitigate the impact as much as possible.

Pratt & Whitney and Air France Industries KLM Engineering & Maintenance Announce First GTF Engine Induction

Retrieved on: 
Monday, June 26, 2023

EAST HARTFORD, Conn., June 26, 2023 /PRNewswire/ -- PARIS AIR SHOW – Pratt & Whitney, an RTX business, announced today that Air France Industries KLM Engineering & Maintenance ("AFI KLM E&M"), has inducted its first Pratt & Whitney GTF™ engine.

Key Points: 
  • EAST HARTFORD, Conn., June 26, 2023 /PRNewswire/ -- PARIS AIR SHOW – Pratt & Whitney, an RTX business, announced today that Air France Industries KLM Engineering & Maintenance ("AFI KLM E&M"), has inducted its first Pratt & Whitney GTF™ engine.
  • AFI KLM E&M joined the Pratt & Whitney GTF MRO (maintenance, repair and overhaul) network in 2022 with disassembly, assembly and test capability for PW1500G model engines for the Airbus A220 family.
  • In 2021, Air France selected 60 A220-300 aircraft with an option of adding up to 60 more, which are powered exclusively by GTF engines.
  • "With the induction of our first GTF engine, we're growing our capabilities with today's most advanced technologies," said Anne Brachet, executive vice president at Air France Industries KLM Engineering & Maintenance.

Pratt & Whitney GTF™ Engines Surpass 800 Orders and Commitments in 2023

Retrieved on: 
Wednesday, June 21, 2023

PARIS, June 21, 2023 /PRNewswire/ -- PARIS AIR SHOW -- Pratt & Whitney, an RTX business, has announced more than 800 GTF engine orders and commitments, including spare engines, since the beginning of 2023.

Key Points: 
  • PARIS, June 21, 2023 /PRNewswire/ -- PARIS AIR SHOW -- Pratt & Whitney, an RTX business, has announced more than 800 GTF engine orders and commitments, including spare engines, since the beginning of 2023.
  • Airlines and lessors who have announced orders include Azorra , CALC, Carlyle Aviation Partners, Binter , Croatia Airlines , LATAM Airlines , Qantas Airways , United Airlines and Volaris .
  • In total, more than 10,000 GTF engine orders and commitments have been placed by more than 90 customers worldwide.
  • "The GTF engine offers unmatched economic and environmental benefits, and these latest orders are a testament to the value it delivers to customers," said Rick Deurloo, president of Commercial Engines at Pratt & Whitney.

Air Lease Corporation Announces Lease Placement for Two New Airbus A220 Aircraft with Cyprus Airways

Retrieved on: 
Tuesday, June 20, 2023

Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for two new Airbus A220-300 aircraft with Cyprus Airways, the national airline of Cyprus.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for two new Airbus A220-300 aircraft with Cyprus Airways, the national airline of Cyprus.
  • Both new A220 aircraft are confirmed to deliver to the airline this month from ALC’s order book with Airbus.
  • “ALC is pleased to announce this transaction for two Airbus A220 aircraft with our new customer, Cyprus Airways,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.

$70 MILLION INVESTMENT IN MIRABEL: AVIANOR ANNOUNCES THE CONSTRUCTION OF A CENTER OF EXCELLENCE FOR A220 AIRCRAFT

Retrieved on: 
Tuesday, June 20, 2023

Avianor will therefore have four (4) additional maintenance lines to accommodate the A220 aircraft and potentially other types of narrow-body aircraft programs, for a total asset of seven (7) maintenance lines in service.

Key Points: 
  • Avianor will therefore have four (4) additional maintenance lines to accommodate the A220 aircraft and potentially other types of narrow-body aircraft programs, for a total asset of seven (7) maintenance lines in service.
  • "The A220 Center of Excellence represents an extremely decisive and significant milestone for Avianor and all our customers, community, partners and suppliers.
  • "The creation of the A220 Center of Excellence reinforces the expertise developed on a product designed, manufactured and assembled in Quebec.
  • "The A220 Center of Excellence is one of the anchor projects in Quebec's Aerospace Innovation Zone.