A350-1000

Air Lease Corporation Activity Update for the First Quarter of 2024

Retrieved on: 
Tuesday, April 9, 2024

Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2024.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales, and significant financing activities occurring in the first quarter of 2024.
  • Aircraft investments in the quarter totaled approximately $900 million, with the majority occurring in the second half of the quarter.
  • 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.
  • Investors and potential investors are encouraged to consult Air Lease Corporation’s website regularly for important information.

VIRGIN ATLANTIC REAFFIRMS COMMITMENT TO INDIA CONNECTIVITY AS IT DOUBLES SERVICES TO MUMBAI, LAUNCHES BENGALURU

Retrieved on: 
Wednesday, April 3, 2024

Five daily flights to India reinforces Virgin Atlantic's commitment to its third largest market behind UK and US.

Key Points: 
  • Five daily flights to India reinforces Virgin Atlantic's commitment to its third largest market behind UK and US.
  • Virgin Atlantic will launch second daily direct service from London to Mumbai, providing greater connectivity for US.
  • With five daily services, Virgin Atlantic Cargo will offer 42.1million kg of space available to and from India which is a 336% increase in capacity versus 2019.
  • In addition to offering seamless connectivity for US customers to three destinations in India, Virgin Atlantic has a strategic partnership with IndiGo, India's leading airline.

Cirium’s 2023 Fleet Forecast Predicts Annual Passenger Aircraft Deliveries to Exceed $100 Billion in 2024

Retrieved on: 
Thursday, January 11, 2024

Cirium, the world’s most trusted source of aviation analytics, has today published its 2023 Fleet Forecast , through the Cirium Ascend Consultancy, revealing that annual passenger aircraft deliveries are set to exceed $100 billion in 2024.

Key Points: 
  • Cirium, the world’s most trusted source of aviation analytics, has today published its 2023 Fleet Forecast , through the Cirium Ascend Consultancy, revealing that annual passenger aircraft deliveries are set to exceed $100 billion in 2024.
  • Airbus and Boeing will continue to dominate the commercial aircraft manufacturing space, with a combined delivery projection of 89% of all aircraft through to 2042.
  • The 2023 Cirium Fleet Forecast predicts new deliveries will total $3.2 trillion over the next 20 years.
  • This year’s forecast is based on the recently adjusted version of Ascend’s 2022 Recovery Scenario 7, which is detailed in the full Fleet Forecast report.

Griffin Global Asset Management Announces the Purchase and Leaseback of Four Widebody Aircraft to British Airways

Retrieved on: 
Tuesday, September 5, 2023

DUBLIN, Ireland, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) is pleased to announce the purchase and leaseback of two new Boeing 787-10 aircraft and two new A350-1000 aircraft on long-term lease to British Airways.

Key Points: 
  • DUBLIN, Ireland, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) is pleased to announce the purchase and leaseback of two new Boeing 787-10 aircraft and two new A350-1000 aircraft on long-term lease to British Airways.
  • “Griffin is extremely pleased to welcome British Airways as a new customer with the deliveries of these two 787-10s and two A350-1000s.
  • Our management team has a relationship with British Airways that spans decades, and we look forward to continuing to support their growth for many years to come.
  • The A350 and B787 are core to BA’s fleet renewal program, and these four new fuel-efficient aircraft will assist the group in furthering its agenda to put sustainability at the heart of their business,” said Marc Baer, President of Griffin.

Air Lease Corporation Activity Update for the Second Quarter of 2023

Retrieved on: 
Tuesday, July 11, 2023

Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales activities, and financing occurring in the second quarter of 2023.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced an update on aircraft investments, sales activities, and financing occurring in the second quarter of 2023.
  • Aircraft investments in the quarter totaled approximately $1.5 billion.
  • 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.
  • Investors and potential investors are encouraged to consult Air Lease Corporation’s website regularly for important information.

Cathay Pacific Marks 40 Years in the Americas

Retrieved on: 
Monday, May 1, 2023

VANCOUVER, BC, May 1, 2023 /PRNewswire/ -- Cathay Pacific today marks a milestone in the Americas and in its history as one of the world's leading airlines: 40 years ago today, Cathay Pacific flight CX800, a Boeing 747-200, departed Hong Kong to touch down in Vancouver, BC, Canada for the first time. The launch of this nonstop service between Hong Kong and Vancouver International Airport (YVR) not only represented the airline's first entry into North America, but also it becoming the first airline in the world to connect these two cities with a nonstop service. The service marked Cathay Pacific's illustrious entry into what is now one of the airline's biggest markets* outside of Hong Kong, the city it has called home since its founding by American Roy C. Farrell and Australian Sydney H. de Kantzow in 1946.

Key Points: 
  • VANCOUVER, BC, May 1, 2023 /PRNewswire/ -- Cathay Pacific today marks a milestone in the Americas and in its history as one of the world's leading airlines: 40 years ago today, Cathay Pacific flight CX800, a Boeing 747-200, departed Hong Kong to touch down in Vancouver, BC, Canada for the first time.
  • In 1986, Cathay Pacific added a San Francisco (SFO) tag to its Vancouver service—with flights departing SFO, stopping in YVR before continuing to Hong Kong.
  • The Director of the Hong Kong Economic and Trade Office (Toronto) (HKETO), Ms Emily Mo, congratulates Cathay Pacific on its 40th anniversary of flying to the Americas.
  • Cathay Pacific has been playing a pivotal role in connecting Hong Kong and Canada over the past decades.

Virgin Atlantic selects Nuvei as a payment partner

Retrieved on: 
Monday, November 28, 2022

By partnering with Nuvei, Virgin Atlantic will provide customers with a frictionless payment experience; enabling them to pay using the methods they know and trust, globally.

Key Points: 
  • By partnering with Nuvei, Virgin Atlantic will provide customers with a frictionless payment experience; enabling them to pay using the methods they know and trust, globally.
  • The agreement gives Virgin Atlantic access to Nuveis proprietary modular platform designed to boost acceptance rates and accelerate revenue.
  • Were looking forward to providing Virgin Atlantic customers with seamless, localized and intuitive digital payment experiences, fit for a modern world, Fayer added.
  • Alongside shareholder and Joint Venture partner Delta Air Lines, Virgin Atlantic operates a leading transatlantic network, with onward connections to over 200 cities around the world.

VIRGIN ATLANTIC UPDATES GENDER IDENTITY POLICY, ALLOWING PEOPLE TO WEAR UNIFORMS THAT EXPRESS THEIR TRUE IDENTITY

Retrieved on: 
Wednesday, September 28, 2022

LONDON, Sept. 28, 2022 /PRNewswire/ -- Virgin Atlantic has launched its updated gender identity policy, giving its crew, pilots, and ground team the option to choose which of the iconic uniforms, designed by Vivienne Westwood, best represents them – no matter their gender, gender identity, or gender expression.

Key Points: 
  • Virgin Atlantic has also updated its ticketing systems to allow for those who hold passports with gender neutral gender markers to select 'U' or 'X' gender codes on their booking as well as the gender-neutral title, 'Mx.'
  • Jaime Forsstroem, Cabin Crew at Virgin Atlantic commented: "The updated gender identity policy is so important to me.
  • *Data conducted by 3Gem on behalf of Virgin Atlantic between September 5-6, 2022, polling 2,000 adults aged 18+ across the UK.
  • Virgin Atlantic was founded by entrepreneur Sir Richard Branson in 1984, with innovation and amazing customer service at its core.

VIRGIN ATLANTIC TO JOIN SKYTEAM ALLIANCE

Retrieved on: 
Tuesday, September 27, 2022

Virgin Atlantic Silver Card holders will be recognized as SkyTeam Elite Members, whilst the airline's Gold Card members will become Elite Plus.

Key Points: 
  • Virgin Atlantic Silver Card holders will be recognized as SkyTeam Elite Members, whilst the airline's Gold Card members will become Elite Plus.
  • Flying Club members will be able to take advantage of the benefits as soon as Virgin Atlantic officially enrolls in SkyTeam, which is expected in early 2023.
  • "At Virgin Atlantic we strive to create thoughtful experiences that feel different for our customers and SkyTeam shares that customer first ethos.
  • "As a member of SkyTeam, Virgin Atlantic will benefit from increased opportunities to expand its global network through partnerships and synergies: customers will have more ways to earn and burn miles while enjoying the service for which Virgin Atlantic is renowned.

Global Aircraft Seating Market to 2028 - Maintenance & Retrofitting of Existing Aircraft Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Friday, February 25, 2022

The "Aircraft Seating Market Share, Size, Trends, Industry Analysis Report, by Aircraft, By Seat, By End-Use, by Component, and By Region; Segment Forecast, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Aircraft Seating Market Share, Size, Trends, Industry Analysis Report, by Aircraft, By Seat, By End-Use, by Component, and By Region; Segment Forecast, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.
  • The global aircraft seating market size is expected to reach USD 5.81 billion by 2028 according to this report.
  • It gives a detailed insight into current market dynamics and provides analysis on future market growth.
  • Seating is one of the most crucial components of cabin interiors, which measures comfort level of passengers onboard.