Airbus A220

Aviation Capital Group Adds First A220 to its Portfolio

Retrieved on: 
Tuesday, May 4, 2021

b'Aviation Capital Group LLC (\xe2\x80\x9cACG\xe2\x80\x9d), a leading aircraft asset manager, announced the delivery of one new Airbus A220-300 aircraft on long-term lease to airBaltic.

Key Points: 
  • b'Aviation Capital Group LLC (\xe2\x80\x9cACG\xe2\x80\x9d), a leading aircraft asset manager, announced the delivery of one new Airbus A220-300 aircraft on long-term lease to airBaltic.
  • View the full release here: https://www.businesswire.com/news/home/20210504005993/en/\nAviation Capital Group Adds First A220 to its Portfolio (Photo: Business Wire)\n\xe2\x80\x9cWe are proud to take delivery of our first A220 and welcome airBaltic into the ACG family of customers,\xe2\x80\x9d said Tom Baker, CEO and president of ACG.
  • \xe2\x80\x9cAs the only Airbus aircraft designed specifically for the 100-150 seat market, the A220 offers excellent fuel efficiency and passenger comfort in this segment of the market.
  • ACG is a wholly owned subsidiary of Tokyo Century Corporation.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210504005993/en/\n'

JetBlue’s First Airbus A220-300 Featuring Incredible Comfort, Lower Operating Costs and Superior Performance Enters Scheduled Service

Retrieved on: 
Monday, April 26, 2021

View the full release here: https://www.businesswire.com/news/home/20210426005878/en/\nJetBlue\xe2\x80\x99s First Airbus A220-300 Featuring Incredible Comfort, Lower Operating Costs and Superior Performance Enters Scheduled Service\n\xe2\x80\x9cWe selected the Airbus A220 nearly three years ago knowing its cost savings, superior performance and customer-friendly design would evolve our fleet for the long-term future,\xe2\x80\x9d said Ursula Hurley, head of treasury and investor relations, JetBlue.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210426005878/en/\nJetBlue\xe2\x80\x99s First Airbus A220-300 Featuring Incredible Comfort, Lower Operating Costs and Superior Performance Enters Scheduled Service\n\xe2\x80\x9cWe selected the Airbus A220 nearly three years ago knowing its cost savings, superior performance and customer-friendly design would evolve our fleet for the long-term future,\xe2\x80\x9d said Ursula Hurley, head of treasury and investor relations, JetBlue.
  • The A220 fleet will also help to further reset JetBlue\'s maintenance costs well into the decade.
  • This will allow for better overall aircraft utilization and provide a competitive advantage for JetBlue especially in short haul markets.
  • The A220 is an industry leader, setting the standard in cabin comfort, operating economics, environmental footprint and digital capability.

Aircraft Health Monitoring Market worth $5.5 billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 8, 2021

the aircraft health monitoring market is estimated to be dominated by the hardware segment with a market share of highest market share in 2020.

Key Points: 
  • the aircraft health monitoring market is estimated to be dominated by the hardware segment with a market share of highest market share in 2020.
  • The increase in aircraft deliveries will eventually lead to the growth of the aircraft health monitoring market.
  • Airbus and Boeing provide their own health monitoring systems, AiRTHM (Airbus Real-Time Health Monitoring) and AHM (Airplane Health Management), respectively.
  • This, in turn, is expected to drive the aircraft health monitoring market in the Asia Pacific region.

Aircraft Health Monitoring Market worth $5.5 billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 8, 2021

the aircraft health monitoring market is estimated to be dominated by the hardware segment with a market share of highest market share in 2020.

Key Points: 
  • the aircraft health monitoring market is estimated to be dominated by the hardware segment with a market share of highest market share in 2020.
  • The increase in aircraft deliveries will eventually lead to the growth of the aircraft health monitoring market.
  • Airbus and Boeing provide their own health monitoring systems, AiRTHM (Airbus Real-Time Health Monitoring) and AHM (Airplane Health Management), respectively.
  • This, in turn, is expected to drive the aircraft health monitoring market in the Asia Pacific region.

JetBlue Will Ring in the New Year with Its New Airbus A220-300 Aircraft

Retrieved on: 
Thursday, December 31, 2020

It is the first delivery of 70 A220 aircraft JetBlue has on order, which will be phased in to ultimately replace the existing fleet of 60 Embraer 190 aircraft.

Key Points: 
  • It is the first delivery of 70 A220 aircraft JetBlue has on order, which will be phased in to ultimately replace the existing fleet of 60 Embraer 190 aircraft.
  • This will allow for better overall aircraft utilization and provide a competitive advantage for JetBlue in short haul markets.
  • We are honored that JetBlue has operated Pratt & Whitney-powered aircraft since the very beginning and that JetBlue has selected GTF-powered aircraft for the airlines next-generation fleets.
  • On all other aircraft, Fly-Fi and live television will not be available while operating outside of the contiguous U.S., or until the aircraft returns to the coverage area.

Chorus Aviation Delivers Two Airbus A220-300 Aircraft to airBaltic

Retrieved on: 
Wednesday, December 23, 2020

HALIFAX, NS, Dec. 23, 2020 /CNW/ - Chorus Aviation Inc. ('Chorus') (TSX: CHR) announced today the delivery of two new Airbus A220-300 aircraft to airBaltic of Latvia.

Key Points: 
  • HALIFAX, NS, Dec. 23, 2020 /CNW/ - Chorus Aviation Inc. ('Chorus') (TSX: CHR) announced today the delivery of two new Airbus A220-300 aircraft to airBaltic of Latvia.
  • In December 2013, airBaltic became the first operator of the A220-300 aircraft and in May 2020, the carrier re-launched as an all Airbus A220 airline.
  • Headquartered inHalifax, Nova Scotia, Chorus is comprised of Chorus Aviation Capital a leading, global lessor of regional aircraft, and Jazz Aviation and Voyageur Aviation companies that have long histories of safe operations with excellent customer service.
  • Chorus provides a full suite of regional aviation support services that encompassesevery stage of an aircraft's lifecycle, including aircraft acquisitions and leasing; aircraft refurbishment, engineering, modification, repurposing and preparation; contract flying; aircraft and component maintenance, disassembly, and parts provisioning.

Global Aircraft Propeller Systems Market Forecast to 2027: $375M Opportunity Assessment - ResearchAndMarkets.com

Retrieved on: 
Friday, August 28, 2020

Precision, Wear-Resistance and Durability Advantages Make Propeller Systems a Must-Have Element in Military, Civil and Commercial Aircrafts

Key Points: 
  • Precision, Wear-Resistance and Durability Advantages Make Propeller Systems a Must-Have Element in Military, Civil and Commercial Aircrafts
    Rising Number of Aircraft Deliveries: Business Case for Aircraft Propeller Systems Market
    Narrow-Body Aircraft Deliveries Until March 2019: Breakdown of Orders, Deliveries and Backlog by Airbus and Boeing
    Wide-Body Aircraft Deliveries Until March 2019: Breakdown of Orders, Deliveries and Backlog by Airbus and Boeing
    Global Aircraft Fleet: Number of Deliveries for the Years 2018, 2020, 2024 and 2028
    Global Turboprop Aircraft Propeller Systems Market: Percentage Share Breakdown of Sales by Leading Players for the Year 2019E
    Global Ultralight and Light Aircraft Market Aircraft: Breakdown of Revenues in US$ Billion by Region for the Years 2018, 2020, 2022 and 2024
    Global Unmanned Aerial Vehicles (Military Drones) Market: Breakdown of Revenues in US$ Million by Type for the Years 2019 and 2025
    Global Civil UAS Market: Annual Production in Units for the Years 2018, 2020, 2022, 2024 and 2026
    Aircraft Propeller Systems to Find Increasing Adoption in Solar-Powered Aircraft: A Futuristic Opportunity

Global Commercial Aircraft Market to 2025 - Growth, Trends, and Forecast - ResearchAndMarkets.com

Retrieved on: 
Friday, August 7, 2020

Currently, the number of turbofan aircraft in the world are more than any of the other commercial aircraft types.

Key Points: 
  • Currently, the number of turbofan aircraft in the world are more than any of the other commercial aircraft types.
  • The segment is also expected to show high growth rate during the forecast, as the procurement of turbofan aircraft is more compared to the aircraft operating with other engine types.
  • Presently, Asia-Pacific has the highest market share among all the regions, due to a large number of aircraft procurement in the region.
  • Procurement of new generation commercial aircraft and the introduction of routes, even by the airlines of other countries in the region, are currently being taking place in the market.

Air Canada Reports Second Quarter 2020 Results

Retrieved on: 
Friday, July 31, 2020

Air Canada reported an operating loss of $1.555 billion in the second quarter of 2020 compared to operating income of $422 million in the second quarter of 2019.

Key Points: 
  • Air Canada reported an operating loss of $1.555 billion in the second quarter of 2020 compared to operating income of $422 million in the second quarter of 2019.
  • Air Canada reduced second quarter 2020 capacity by 92 per cent compared to the second quarter of 2019 and plans to reduce its third quarter 2020 capacity by approximately 80 per cent compared to the third quarter of 2019.
  • In April 2020, Air Canada concluded a bridge financing of $788 million for 18 Airbus A220 aircraft which Air Canada expects to replace with longer-term secured financing arrangements later in 2020.
  • Air Canada updated its definition of excess cash in the second quarter of 2020 to better reflect the current operating environment.

Funds Managed by Apollo and Merx Aviation Complete Sale-Leaseback Transaction with Delta Air Lines

Retrieved on: 
Wednesday, July 1, 2020

NEW YORK, July 01, 2020 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries Apollo) and Merx Aviation (Merx), a global aircraft leasing, management and finance company, announced the completion by certain funds managed by affiliates of Apollo and Merx of a sale and leaseback transaction with Delta Air Lines of ten Airbus A220-100 aircraft.

Key Points: 
  • NEW YORK, July 01, 2020 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries Apollo) and Merx Aviation (Merx), a global aircraft leasing, management and finance company, announced the completion by certain funds managed by affiliates of Apollo and Merx of a sale and leaseback transaction with Delta Air Lines of ten Airbus A220-100 aircraft.
  • The aircraft, manufactured in 2019, were acquired by an aviation platform established by Apollo, which invests in a diverse set of aircraft types, vintages and jurisdictions and is serviced by Merx.
  • Gary Rothschild, CEO of Merx and Head of Aviation Finance at Apollo, said: We are pleased to have closed this transaction with Delta, one of the worlds leading airlines, and to add the new and innovative A220 aircraft type to our portfolio.
  • Merx operates an integrated aviation platform focused on global aircraft leasing, management and finance, with an owned and managed fleet spanning 26 countries.