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7 minutes | Mar 9, 2018
Air Tracker March 9, 2018 Vol1 Ep35 Natasha Sidhu
In Fleet news: Frontier Airlines took delivery of one new A320neo Saudi Arabian Airlines took delivery of one A320-200 Wizz Air UK took delivery of one A320-200 SAS Scandinavian Airlines took delivery of one CRJ-900 American Airlines took delivery of one 737 MAX 8 A notable cancellation: Virgin Atlantic (UK) dropped its 2001 order for six A380s. The carrier plans to operate a total of 12 A350-1000s instead. In related news: AIRBUS plans in 2020 to drop annual production of A380s to six and A400Ms to eight, affecting 3,700 workers; it is expected to deliver 12 A380s/15 A400Ms in '18 and 12 A380s/11 A400Ms in '19. In labor news: Avianca (Colombia) completed hearings over pilot sanctions, laying off 107 pilots in total. Baggage handlers and maintenance workers at American Airlines were granted certification, enabling the claim to proceed as a class action lawsuit, in a case accusing the company of programming its time clocks to round down and reduce the amount of time employees are credited with working. The company’s timekeeping system credits workers for the period of time they are scheduled to work, but the system cuts off pay for those who put in a longer shift than scheduled, according to the suit. The suit claims violations of New Jersey’s Wage and Hour Law on behalf of American employees at Newark Liberty International Airport. In financial news: Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes (the “Notes”) issued by Sapphire Aviation Finance I Limited. Proceeds from the sale of the Notes will be used to acquire 41 aircraft that are initially leased to 30 lessees located in 19 countries with an initial total value of approximately $962.4 million. This transaction represents the second serviced securitization for Avolon Aerospace Leasing Limited (“AALL” or the “Company”) who is an indirect wholly owned subsidiary of Avolon Holdings Limited. AALL will act as servicer for the transaction. The Company was founded in May 2010 as an aircraft leasing company focused on acquiring, managing and trading commercial aircraft on lease to passenger airlines worldwide. As of December 31, 2017, the Company has an owned and committed fleet valuation of $46.5 billion with 153 customers in 64 countries and is the 3rd largest aircraft lessor globally. Also in financial news, we had a few earnings releases: EMBRAER had $246.8m net income on $5.84b revenues in 2017 vs $166.1m on $6.22b in 2016, and plans to deliver 85-95 commercial and 105-125 executive jets in 2018 vs 101/109 in 2017. Azul (Brazil) reports For 2017, net income rose 518% to $164.1 million, with revenues up 16.8% to $2.4 billion. The carrier ended the year with total cash position of $1.1 billion, and fleet of 122 aircraft. Rolls-Royce (UK) reports 2017 underlying revenue up 6% to $18.5 billion, with profit before tax up 25% to $1.2 billion. Fly Leasing (Ireland) reports For 2017, net income was $2.6 million on revenues of $353.2 million. and total cash was $456.8 million. FLY had 85 aircraft in its portfolio Other developments in aviation: CFM INTL has added LEAP-1A/LEAP-1B capability to its training center in Hyderabad. Cargolux (Luxembourg) and Nippon Cargo Airlines (Japan) are to partner on a new freighter service from Luxembourg to Narita on 27 March 2018, to be flown by B747-400F and B747-8Fs. Finally: IATA announced global passenger traffic results for January 2018 showing RPKs up 4.6% yoy, with ASKs up 5.3%, and LF down 0.5 points to 79.6%.
3 minutes | Mar 7, 2018
Air Tracker March 8, 2018 Vol1 Ep34 Keshika Marambe
Hello and Welcome to mba Air Tracker. My name is Keshika Marambe an Analyst on the Business Valuation and Economic Analysis team and your host today. Looking at the headlines today, The creditors of Air Berlin decided to go ahead with a lawsuit against Etihad Airways, which used to be the biggest shareholder of the now insolvent airline. Air Berlin’s administrator said he is engaged in assessing the claims that could potentially exceed €1 billion in damages. In manufacture news, Rolls-Royce has recognised a charge of £227 million ($315 million) in its full-year results relating to costs associated with addressing in-service technical issues on Boeing 787 and Airbus A380 engines. Airbus announced plan in 2020 to drop annual production of A380s to six and A400Ms to eight. In Airline news, Hawaiian Airlines announced the decision to buy ten Boeing 787-9 Dreamliners for a total of $2.82 billion, with an option for ten more. The Honolulu-based airline also announced cancelling its previous order of six Airbus A330-800neos. In Deliveries, Azul took delivery of one ATR72-600 leased from Nordic Aviation Capital. Delta Air Lines took delivery of one new A350-900. Carrier also took delivery of one new A321-200. Jet2 took delivery of one new B737-800. That is the news for the day from mba air tracker. Thank you for listening and please log on to redbook.aero for detailed valuations and fleet information.
3 minutes | Mar 6, 2018
Air Tracker March 7, 2018 Vol1 Ep33 Suparna Nevagi
Good Morning! My name is Suparna and I'm a Data Engineer for our Aviation Intelligence Platform -Redbook. I''ll be providing you with the daily news for March 7th 2018. In fleet and deliveries, Delta Air Lines took delivery of one A321-200 and one A350-900. SunExpress Germany took delivery of one 737-800. Fiji Link took delivery of one DHC-6 - 400 Twin Otter Atlas Air has acquired two Boeing 777 Freighters from LATAM Airlines. Air Arabia plans to order 100 single-aisle aircraft and has contacted Boeing and Airbus. Somon Air plans to purchase four Embraer E190-E2 aircraft. In Airlines and Financials, Cathay Pacific and Air Astana announced a codeshare agreement which will allow Cathay Pacific to have a better connectivity to Kazakhstan and Air Astana to have a better connectivity to Asia and Australia. Bombardier has made an agreement to sell about 500 Million US Dollar of its equity to a syndicate of underwriters in Canada. Uzbekistan Airways has decided to cease operating their IL-114-100 aircraft and replace them with Airbus A320s. In February 2018 traffic results, Volaris reported an increased passenger growth of 12% and increased total demand by 14.2% compared to february last year. Norwegian reported an increased passenger growth of 11.4% as compared to february last year Icelandair reported a decrease in number of passengers by 5% on international flights and 3 % on domestic flights as compared to February last year. And finally, In Regulatory news, The Civil Aviation Administration of China (CAAC) has put a ban on eight carriers which is valid from February 28th, 2018 until May 31st, 2018. That’s it for today, thanks for listening and join us again tomorrow for more daily aviation news!
4 minutes | Feb 28, 2018
Air Tracker March 1, 2018 Vol1 Ep30 Benjamin Chiam
Hello and thank you for tuning in to mba airtracker, my name is Benjamin Chiam and I'll be providing you with your aviation updates today. Starting with Airline news, after posting losses in 2017, Thai Airways is optimistic about turning things around in 2018 as the ICAO recently upgraded Thailand’s safety rating. Thai Airways is still waiting for the FAA to follow ICAOs verdict and raise the country's safety ratings, believing that the change in perception will help garner more overseas customers and increase the airlines revenue. Avianca posted a $245 million net profit in 2017 after adjusting for disruptions caused by a pilot strike in the fourth quarter of 2017. Before the adjustment, Avianca reported 82 million dollars in net profit, up 85% from 2016. This represents the strongest performance the airline has seen since its merger with TACA. Airbnb's CEO Brian Chesky revealed that the company is thinking about launching a new airline to get into the end-to-end trip business. Metro Aviation ordered 25 H145e helicopters that will be produced in Airbus's plant in Mississippi. The order is vital for airbus as it will bridge the production line until the delivery and further orders of the militarized UH-72a for the US Army. Production of the type has been delayed by a three year legal battle between Leonardo Helicopters and Airbus that was finally resolved in favor of airbus early this year. Airbus has rolled out the first A350-900 ULR slated to enter service with Singapore Airlines. The aircraft will be used to restart direct flights between Singapore and North America, which used to be served by the A340-500s. Singapore Airlines is currently the only customer for the A350 ULR but Airbus is reported to be in talks with Qantas who has shown interest in the aircraft. Wow air closed a sale leaseback for an A321 with Sky aviation leasing marking the 36th aircraft placed for Sky. IAG engines has acquired a 747-400 , the CF6 powered aircraft was in storage at the time of acquisition but used to fly with KLM. ASL aviation has taken delivery of a 737-400F from vallair making it the largest European 737-400F operator. And Finally, Avmax took delivery of the last three Bombardier Q100s from an order of 27.
4 minutes | Feb 27, 2018
Air Tracker February 28, 2018 Vol1 Ep29 Natasha Sidhu
Hello and welcome to mba airtracker. I'm Natasha Sidhu, an analyst for Business Valuation and Economic Analysis here at mba. In leasing news today, China Huarong Financial Leasing has placed an order for 30 C919s and 20 ARJ21s. Norwegian has taken delivery of its final Boeing 737-800, with a total count of 118 737-800s within its fleet. Norwegian has outstanding orders for 12 Boeing 737 MAX aircraft deliveries in 2018. In mergers and acquisitions, Laudamotion has registered MSN 4329, the first A320 to be transferred from NIKI after the former airline's takeover. According to Reuters, Boeing will have a dominant (51%) share in the anticipated Boeing Embraer Joint Venture. American Airlines and Quantas have re-filed for anti-trust immunity with the US Department of Transportation to forma joint venture for North American- Oceanian routes. Seamless Air Alliance, a joint venture between Airbus, Delta, OneWeb, Sprint, and Airtel, has launched with the intention of providing high speed ground to air electronic connectivity. In regulatory news, the Georgia State Senate, led by Lieutenant Governor Casey Cagle, threatened to block a bill provided additional tax breaks to Delta Airlines, following the Airline's removal of a discount program for National Rifle Association members. As part the requirements for the six-and-a-half billion dollar IMF facility offered in 3013, the Pakistani government has begin the privatization process for Pakistan International Airlines. The Pakistani Cabinet has approved a plant to sell a 49% stake in the company. In aviation industry forecasts, Aerospace Industries Association has issued a report forecasting a 150 billion dollar market for Large Commercial Unmanned Aircraft, with introduction expected over the next twenty years. IATA has announced a goal of 1 billion passengers flying on aircraft with engines powered by a combination of jet fuel and Sustainable Aviation Fuel by 2025. Finally, Dubai International will be implementing a new security measure- an android with facial recognition, X-ray scanning, and thermal vision. The android will be connected to the Interpol database, and will also serve the purpose of greeting the public in the arrivals area. Thank you for listening and join us again tomorrow for more aviation news.
4 minutes | Feb 27, 2018
Air Tracker February 26, 2018 Vol1 Ep28 Anne Correa
Air Tracker February 26, 2018 Vol1 Ep28 Anne Correa by Morten Beyer & Agnew
5 minutes | Feb 22, 2018
Air Tracker February 23, 2018 Vol1 Ep27 Keshika Marambe
Good Morning and welcome to mba airtracker, I am your host for the day Keshika Marambe an analyst of the Business valuation and Economic Analysis group and I will be providing you the daily aviation news roundup for Thursday the 22nd of February 2018. Morten Beyer & Agnew promotes Lindsey Webster as Vice President of Asset Valuations and Kim Seward as Head of Helicopters. An Iranian plane crashes into mountains, killing 66 people on board after leaving Tehran Airport. A new DHL Express hub in Brussles was opened today. The 140 million Euro investment is to quadraple regional capacity. Having identified the root cause of the PW 1100G problem, PW is commited to deliver the first engines incorporating the new fix by April 2018. Boeing and Oerlikon, a leading engineering and technology group, have signed a five year agreement that supports the creation of standard titanium additive manufacturing processes. Bruno Evens takes over as CEO for Airbus Helicopters. Airbus CEO Enders says he is optimistic that Evens' engineering and broad helicopter business knowlegde will lead Airbus Helicopters forward. Air Canada expects its joint venture with Air China to be concluded by Spring 2018. Air China suspends key North Korea route between Beijing and Pyongyang claiming the business was not good for service into isolated nation's capital. Meridiana has officially rebranded as Air Italy. The Carrier is to acquire three B737 MAXs and five A330-200s in 2018 and launch a codeshare with Qatar Airways. Avenue Capital, a New York based hedge fund, recently raised a US$600 million fund to buy aircraft. No aircraft types were disclosed yet. Fitch Ratings assigned ‘A’ long-term ratings to Boeing proposed issuance of US$1.4 billion of senior unsecured notes. The notes will be issued in four parts, with maturities of 2023, 2028, 2038, and 2048. Proceeds will be used for general corporate purposes, but Fitch believes this issuance could be considered a refinancing of debt maturing later in 2018. Ryan air takes delivery of one new 737-800 United Airlines, Air Canada, and Air Europa take delivery of 787-9s, Europa expecting 16 total of the type. Easyjet Europe took delivery of one A320-200 Ukraine International Airlines took delivery of its first 4 777-200ERs That is the news for the day from mba air tracker. Thank you for listening and please log on to redbook.aero for detailed valuations and fleet information.
3 minutes | Feb 20, 2018
Air Tracker February 21, 2018 Vol1 Ep25 Kim Seward
Hello everyone and thanks for tuning in today. My name is Kim Seward, I'm Manager of Asset Valuations here at mba and I'll be providing you with the daily news here on mba's Air Tracker for Wednesday 20th February 2018. Bombardier states that Pratt and Whitney's problem with the Geared turbofan engine has caused delays for the CSeries. Something that Bombardier has claimed was not an issue previously. Some Engines were late to arrive, and others had to be diverted to existing CSeries operators to meet spare engine requirements - all similar problems to what the A320s have seen. Assuming this is remedied, the OEM aims to deliver 40 CSeries aircraft in 2018 Jet Airways of India agreed to sell 13 737 MAX 8 aircraft to SMBC on sale leaseback. Over the weekend an Aseman Airlines ATR 72 impacted terrain. The French BEA will work with Iran's CAO on the investigation. Helicopter manufacturer Leonardo announced Friday they had signed a new revolving credit facility through a pool of 26 banks and book runners. This agreement provides Leonardo with a facility of €1.8 billion euro and is in response to the OEMs reduced liquidity needs Airbus delivered their first A350-1000 to launch customer Qatar Airways . The aircraft is the first of 37 ordered by the carrier VIVA AEROBUS took delivery of one new leased A320-200 SAUDI ARABIAN AIRLINES took delivery of one A320-200 Cebu Pacific Air took delivery of a new ATR 72 That’s it for today, thanks for listening and join us again tomorrow for more daily aviation news!
5 minutes | Feb 20, 2018
Air Tracker February 21, 2018 Vol1 Ep26 David Tokoph
Hello and welcome to mba airtracker, I am your host for the day David Tokoph and will be providing you the daily naviation news roundup for for Wednesday 21st February 2018. Pratt & Whitney has released a revised configuration as a solution to the issue relating to a knife edge seal on the High Pressure Compressor (HPC) aft hub which affected a limited subpopulation of the PW1100G-JM engine that powers the Airbus A320neo aircraft. Air France will ground a significant number of flights Thursday because of a pay-related employee strike. This includes half of its long-haul flights from Paris, a quarter of its medium-haul flights and About 15% of shorter flights were expected to be grounded. Air Transport Services Group (US) still aims to receive type certification for its A321 converted freighter by 2019, with first A321-200PCF available to customers in 2H 2019. Speaking in Toulouse, France on Tuesday, Akbar Al Baker, CEO of Qatar Airways, announced his intention to create a large subsidiary in India with more than 100 aircraft. Airbus) said it was making good progress in resolving Pratt & Whitney engine snags that were holding up some A320neo narrowbody deliveries, and gave a fresh signal it was considering raising output of its larger A350 wide-body jet. Hawaiian Airlines (US) reportedly dropped its order for six A330-800neo and instead will place an order for B787-9s. Air New Zealand is preparing a formal request for proposals (RFP) for Boeing and Airbus for aircraft that could meet carrier’s ambition to fly nonstop from Auckland to the U.S. East Coast. Irkut has stated its intention to build a customization center for its MC-21 in Russia’s Ulyanovsk Oblast by late 2019. Aeromexico reports 4Q 2017 total revenue up 12.1% to US$904.8 million, with net profit up 80.7% to $24.9 million. SunExpress (Turkey) reports 2017 revenue of US$1.4 billion, on back of passenger numbers up 10% to 8.8%. Load factor rose to 84%. Flydubai (UAE) reports 2017 EBITDAR at 23.6% of revenue, up you from previous year’s figure of 21.1%. AirAsia X recorded a 116 per cent higher net profit in its fourth quarter of 2017 then the same corresponding quarter the year before Thai AirAsia X stated that fpor summer 2018 season it is sourcing additional A330-300s to support its routes from Bangkok signalling strength in its low cost network Willie Walsh, chief executive of IAG, British Airways’ parent company and the main operator at Heathrow, said parliament should not trust Heathrow and said he had “zero confidence” that a third runway would be delivered on time and budget. This comes after airlines have told MP’s that the runway expansion was likely to cost “grossly” more that the 14.3Billion Pounds previously stated Norwegian takes delivery of its last 737NG a 737-800 Ryan Air also took delivery of one 737-800 Delta Air Lines (US) took delivery of one new A321-200, American Airlines (US) took delivery of one new B737 MAX 8 In the regional space Cebu Pacific took delivery of one ATR 72-600 That is the news for the day from mba air tracker. Thank you for listening and please log on to redbook.aero for detailed valuations and fleet information.
3 minutes | Feb 14, 2018
Air Tracker February 15, 2018 Vol1 Ep23 Kim Seward
Air Tracker February 15, 2018 Vol1 Ep23 Kim Seward by Morten Beyer & Agnew
3 minutes | Feb 13, 2018
Air Tracker February 14, 2018 Vol1 Ep22 Jennifer Atkins
Air Tracker February 14, 2018 Vol1 Ep22 Jennifer Atkins by Morten Beyer & Agnew
5 minutes | Feb 12, 2018
Air Tracker January 30, 2018 Vol1 Ep11 Alex Cusaro
Good Morning, I'm your host today, Alisa Senderovic, a Manager in the Business Valuation group at mba. Beginning today's headlines in Fleet Deliveries. Qatar Airways to take delivery of nearly 30 new aircraft in 2018. Carrier will only place new orders in 2018 if it acquires new airlines. Interjet (Mexico) took delivery of one new A321neo, serial 7939. Virgin Atlantic (UK) plans to place four new A330-200s into service by end of March 2018 Thai Airways International took delivery of one new A350-900 In Financing… Apollo Aviation Group (US) priced its fifth aircraft portfolio transaction: AASET 2018-1 Trust. Approx US$442 million of Secured Notes that will be used to acquire a fleet of 24 aircraft. In Regulatory News… Bombardier wins in its ongoing trade dispute with Boeing, as the US International Trade Commission voted unanimously that Boeing was not harmed by Bombardier and its all-new C Series jet. Norwegian Air Argentina received its Air Operator Certificate from Argentinian authorities. The government granted the carrier authority to operate 72 domestic and 80 international routes. Norwegian is planning to start serving Buenos Aires from London Gatwick Airport in February. Reporting from operators today… AirAsia Group (Malaysia) reports 4Q 2017 total passengers numbers up 17% year-on-year to 10.4 million, with ASKs up 14%, RPKs up 16%, and Load factor up 1 point to 88%. Total fleet size grew to 116 aircraft Philippine Airlines to introduce Manila – Brisbane service on 27 March 2018, with A320 initially and switching to A321neo Thanks for listening and please join us again next time for more aviation news!
4 minutes | Feb 8, 2018
Air Tracker February 9, 2018 Vol1 Ep19 Alisa Senderovic
Air Tracker February 9, 2018 Vol1 Ep19 Alisa Senderovic by Morten Beyer & Agnew
3 minutes | Feb 7, 2018
Air Tracker February 8, 2018 Vol1 Ep18 Lindsey Webster
Air Tracker February 8, 2018 Vol1 Ep18 Lindsey Webster by Morten Beyer & Agnew
4 minutes | Feb 6, 2018
Air Tracker February 7, 2018 Vol1 Ep17 Miguel Garza
Hi and Good Morning to all of our listeners out there. I'm Miguel Garza and here is your mba Air Tracker daily news for February 7th, 2018: In mba news: mba released a quarterly value update for its aircraft appraisal platform, REDBOOK. Exclusive aircraft market insights for Q1 2018 can be found on mba's company website under "insight series." In Deliveries and Transactions Aeroflot took delivery of one A321-200 Thai AirAsia took delivery of one A320neo Norwegian Air UK took delivery of one 787-9 Dreamliner Korean Airlines took delivery of one triple 7 300 Ethiopian Airlines took delivery of one A350-900 Vueling in Spain took delivery of an A320 from Goshawk Bangkok Airways ordered four ATR 72-600s from the 2018 Singapore Airshow with delivery scheduled between October 2018 and March 2019 In Earnings and Fundings Boeing Reports almost $1Billion inServices Orders at the 2-18 Singapore Airshow Bombardier foresees massive growth for the commercial aircraft market in the Asia-Pacific region with forecasts of the region taking delivery of 2,050 aircraft Airbus estimates that the MRO business is worth over $660 Billion over the next 20 years and expects the Asia MRO market to grow by 4.5% annually leading up to 2036. Lufthansa prepares for growing competition in the German market after the AirBerlin insolvency and expects a 10% increase in capacity. In other news Embraer is still waiting for a formal proposal from Boeing who has expressed interest in merging the manufacturers. In the US, more than 800 flights were cancelled on Tuesday in anticipation of a storm system forecasted to bring snow and ice to the Northeast and Ohio Valley The Commercial Aircraft Corporation of China pushes its targeted first delivery of its C919 single-aisle jet to 2021 SpaceX successfully launched the new Falcon Heavy Spacecraft, which is the world's most powerful operational vehicle with capabilities of lifting more than twice the payload of the next closes spacecraft - the Delta IV Heavy Thanks for listening and join us again next week for more daily aviation news!
3 minutes | Feb 5, 2018
Air Tracker February 6, 2018 Vol1 Ep16 Emily Southworth
Air Tracker February 6, 2018 Vol1 Ep16 Emily Southworth by Morten Beyer & Agnew
4 minutes | Feb 4, 2018
Air Tracker February 5 , 2018 Vol1 Ep15 Sarah Smith
Good Morning. I'm Sarah Smith, a senior associate in the Valuations group at mba, hosting your mba Air Tracker daily news for February 5th, 2018: The UK Civil Aviation Authority announced on February 3, that it has launched a review of airline allocated seating policies. The review will determine whether any operators have been purposely separating passengers intending on traveling together to additionally charge them for allocated seats that would allow them to sit together. The European Aviation Safety Agency and Airbus Helicopters have just implemented a new single Production Organization Approval to streamline certification processes. This POA replaces previous national approvals with a single, integrated framework allowing for simplified industrial exchanges between Airbus Helicopters’ manufacturing facilities across Europe. In Fleet Delivery News today… Tianjin Airlines took delivery of one A320neo Air Baltic took delivery of one Bombardier CSeries CS300 Virgin Atlantic Airways took delivery of one Airbus A330-200 News from Manufacturers today. Bell Helicopter said it experienced a 75% increase in global commercial orders in 2017. Contributing to that was the more than 200 orders the manufacturer received from China alone. Boeing debuted the first 737 MAX 7 at the company's Renton, Washington, factory. The MAX 7 is the third and newest member of Boeing’s 737 MAX family to come down the assembly line. The jet is designed for up to 172 passengers and a maximum range of 3,850 nautical miles, which is the longest range of the MAX airplane family. In Operator News flyadeal, the LCC owned by flag carrier Saudi Arabian Airlines, launched services to Abha on February 1st, with double-daily flights from both Riyadh and Jeddah Thai AirAsia launched two new routes from Thailand to China on 1 February with services commencing from Bangkok Don Mueang to Chengdu, and from Phuket to Kunming Despite the latest crash in Bitcoin and other digital currencies and the recent hacking of a major Japanese cryptocurrency exchange, Japan’s top budget carrier, Peach Aviation, still plans to accept bitcoin for airline tickets. However, the timing of the start of this service is in question, having originally planned to start accepting the cryptocurrency by the end of 2017, then pushing the start to early 2018 and this most recent announcement that they are waiting for the cryptocurrency market to settle. Air Baltic and Surf Air are currently the only airlines that accept Bitcoin as payment for flights. Thanks for listening and please join us again next time for more aviation news!
4 minutes | Feb 2, 2018
Air Tracker February 3, 2018 Vol1 Ep14 Sherry Brooks
Good Morning, today is February Third, 2018. My name is Sherry Brooks, Vice President IOSA Program. Beginning today's headlines in fleet orders and deliveries: AirAsia took delivery of one new A320neo Delta Airlines took delivery of one new A321-200 Batik Air took delivery of one new A320-200 Virgin America took delivery of one new A321neo Air Astana took delivery one A321 and one A320neo J-Air took delivery of one ERJ-190 Air Canada -took delivery of one Boeing 737 MAX 8 Air India - took delivery of one Boeing 777-300 Thai Airways International - took delivery of one A350-900 Xiamen Airlines - took delivery of one 737-800 Japan Air commuter - took delivery of one ATR 42 Ryanair - took delivery of one 737 MAX 8 In Airline News… With Air India's recent management control transferred to private hands, India said a private bidder will be allowed to pick up 51% or more stake in Air India. Italy's Economic Development Minister says that Italy plans to sell Alitalia within two weeks. Flair Airlines (Canada) received an exemption and an amended foreign air carrier permit by US authorities. The Nigeria Minister of State for Aviation says that Nigeria will soon have a privately-owned national air carrier. After acquisition of four aircraft, Peruvian Airlines will begin flights to Quito, Bogota, Santiago de Chile, and Buenos Aires mid-2018. Argentina authorities have authorized Flybondi to begin operating on February 9 2018 from Buenos Aires. Fossco (US) was acquired by First Class Air Support (US). Fossco sells aircraft parts and components to airlines, repair shops, and completion centers In Lighter news A NASA satellite called IMAGE has been lost in space for 12 years. However, earlier this month a young astronomer from Canada stumbled onto signals from a satellite that was not accounted for; NASA confirmed on Tuesday this week that the re-discovered satellite is the lost in space satellite "IMAGE". Thank you for listening and please join us again next time for more aviation news!
4 minutes | Feb 1, 2018
Air Tracker February 2 , 2018 Vol1 Ep13 Suparna Nevagi
Good Morning, today is February Second, 2018. My name is Suparna Nevagi, a Data Engineer for our Aviation Intelligence Platform - REDBOOK. Beginning today's headlines in fleet orders and deliveries: UPS has ordered 14 Boeing 747-8 cargo jets and four 767 aircraft Air Astana confirmed an order for five Embraer E2s; deliveries starting in October 2018. Aeroflot will sign firm order with Rostec for 50 of the latest Russian-built MC-21 aircraft European Aviation has signed an agreement to acquire seven A340-600s and three A340-500s from Etihad which will be delivered over the next few months Avolon took delivery of one A320neo leased into Air India Gee E CAS took delivery of its first 737 MAX 8 leased to Travel Service Air China took delivery of one new A320neo SCANDINAVIAN AIRLINES took delivery of one new A320neo In Airline News… Air Astana reported a profit of $39.1m in the year 2017. The airline recorded passenger growth of 12% and air freight growth of 23% in 2017 Air Malta and airBaltic began code-sharing that allows airBaltic passengers daily access to Malta and provides Air Malta greater connectivity to the Baltics and Eastern Europe. South African Airways (SAA) announced plans to introduce the new A330-300 on the London route from March 2018. The airline has also decided to adjust frequencies on the route to a single daily service. LOT has increased its frequencies on Kraków-Chicago route and will be operating regular flights between Budapest and Kraków starting from May. The International Air Transport Association (IATA) announced that Global Revenue Passenger Kilometers (RPKs) increased by 7.6% in 2017 comparted to 2016 and the Freight Tonne Kilometres rose by 9% in 2017 making it the strongest year of growth for air freight Thank you for listening and please join us again next time for more aviation news!
4 minutes | Jan 30, 2018
Air Tracker February 1, 2018 Vol1 Ep12 Rebecca Scott
Good Morning, todays is Feb 1, 2018... I'm your host today, Rebecca Scott, Executive Assistant to the CEO at mba. Beginning today's headlines in Fleet News. KLM Cityhopper took delivery of one new ERJ-170. China Southern took delivery of one new A321-200. Ryanair took delivery of one new B737-800. Copa Airlines is to receive their first orders of B737 MAX's in August 2018. The carrier will be adding a total of six new aircraft this year. Air Leisure is currently discussing the possiblity of acquiring an additional A330, which will mainly be used for charters. Lessor News… PNC Aviation Finance posted a record year in 2017, having provided financing to more than 170 clients and originations for business aircraft up almost 40% from 2016. From Manufacturers today…. Boeing announces goal for 2018 of delivering a new plane every 11hours...The plane maker expects to deliver between 810 and 815 commercial airplanes in 2018 Airbus confirms its considering the possibility of including an increased stretched A320neo into the 320 family. for Operators news today… Hawaiian Airlines expects their 2018 Capital Expenditure to be between 375 million to 425 million. By the end of this year, they will have nine additional A321 neos and have retired all of their B767s. Hawaiian has confirmed that they have entered into an agreement to purchase three of their leased B767's and sell them on their own. Tobago Airways plans to launch operations in February 2018 with two aircraft. They will be servicing the Trinidad and Tobago Airbridge. According to their CEO, Raymond McMillan, the startup airline is currently seeking investers as they finalize approvals. Ethiopian Airlines and Guinea Airlines have signed a strategic partnership which covers sales management, maintenance and transferring of technology. Thanks for listening and please join us again next time for more aviation news!
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