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airinsight · 7 months
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Lufthansa closing in on narrowbody and regional jet order
Lufthansa is closing in on an order for some eighty narrowbody aircraft. Half of them will be for City Airlines, the new subsidiary that Lufthansa is establishing as a new feeder airline for its European operations. Swiss aviation website aeroTELEGRAPH reported earlier this week that Lufthansa CEO Carsten Spohr discussed the new order in a video presentation with workforce representatives. While…
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airinsight · 7 months
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Boeing and NASA complete first SAF emission test flight
Boeing, NASA, and German Aerospace Center DLR have commenced flight tests on Thursday with a MAX 10 and Douglas DC-8 to study the effects of burning sustainable aviation fuels (SAF) on contrail formation and non-carbon emissions. Testing should demonstrate if there are any side effects from using SAF. During the test flight, NASA’s DC-8 Airborne Science Lab was trailing the MAX 10 at some…
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airinsight · 4 years
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Insight 1 July 2020: How Boeing Can Recapture Market Leadership
Insight 1 July 2020: How Boeing Can Recapture Market Leadership
News: Airbus has captured commercial market leadership from Boeing. The MAX crisis exacerbated Boeing’s issues in the narrow-body market, and the failure of the Embraer acquisition left Boeing without a competitor to the A220, which is popular as airlines emerge from the pandemic as an exceptionally efficient aircraft.
If we look forward, new firm orders booked as of 1 June 2020 clearly favor…
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airinsight · 4 years
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1Q20 Airline Wide-body Fleet
1Q20 Airline Wide-body Fleet
The pandemic has decimated the wide-body fleets as long-haul travel has nearly stopped entirely.  The most expensive aircraft an airline can deploy has become an economic burden unless it is converted into an PPE carrier.  That was the good news.  As the pandemic slows across several regions, PPE demand may have peaked.  We see this is dropping freight prices.  That means the need for converted…
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airinsight · 4 years
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Morning Call: Wednesday 1 July 2020
Morning Call: Wednesday 1 July 2020
Commercial
How do you break barriers without breaking the sound barrier? – Aerion
UAE’s aviation regulator will conduct its own MAX tests – Bloomberg
737 MAX development marred by design, communications flaws – Reuters
How Will 100,000 Job Losses By 2022 Affect The Aerospace Industry? – AvWeek
Airbus adapts to Covid, cuts jobs – Airbus
General Aviation
Embraer delivers first enhanced…
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airinsight · 4 years
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Airbus to slash workforce by 15.000 before mid-2021
Airbus to slash workforce by 15.000 before mid-2021
Airbus will slash its workforce by 15.000 positions before the Summer of 2021, the OEM confirmed in a press statement on the evening of June 30. Job cuts are inevitable as Airbus is confronted by revised market conditions following the Covid-19-crisis.
The announcement was expected no later than by the end of July, President and CEO Guillaume Faury said in an interview in German newspaper Die…
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airinsight · 4 years
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Insight: Tuesday 30 June 2020: Changing Airline Behavior and Passenger Expectations News: Air Canada and Westjet both announced last week that effective July 1, they will now be selling all seats on their flights, including middle seats that were previously restricted from being sold.
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airinsight · 4 years
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TAAG's first Dash8 - How collaboration overcame Covid
TAAG’s first Dash8 – How collaboration overcame Covid
Our call was with Rui Carreira, CEO of TAAG (Angloa), Morne Visagie at ABSA (South Africa) and Sameer Adam at De Havilland (Canada). TAAG just took delivery of their first Dash8. Here’s our story from 2019 when the deal was first announced.
The three companies involved had to overcome Covid-induced hurdles. The permits needed to be signed, the documents that had to move between five countries,…
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airinsight · 4 years
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Catching up on China with David Yu David Yu, Ph.D., CFA, Finance Professor at NYU and Chairman of China Aviation Valuation Advisors discusses the Chinese air travel market in terms of traffic, airlines, and lessors. We also cover the ARJ21, C9191 and CR929.
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airinsight · 4 years
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Bombardier Global 5500 Enters Service
Bombardier Global 5500 Enters Service
The new Global 5500 from Bombardier, the smallest model in the Global family, joined its larger Global 6500 and Global 7500 in service last week with the first delivery to an undisclosed customer. Initially introduced at the EBACE convention in Geneva in May 2018, the Global 5500 entered service just over two years from its initial announcement.
The aircraft, with a list price of $46 million,…
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airinsight · 4 years
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Morning Call: Tuesday 30 June 2020
Morning Call: Tuesday 30 June 2020
Commercial
Maintenance firm clashes with inquiry over severe E190 loss-of-control incident – FlightGlobal
Hydrogen-powered aviation is ready for take-off – Politico
Norwegian Air’s Notice of Termination to the Boeing Company of purchase agreements and GoldCare agreement – Norwegian
General Aviation
Gogo’s Business Aviation sector shows strong rebound – PaxEx
Airline
Viva Aerobus becomes…
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airinsight · 4 years
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Norwegian drops all remaining 92 MAX 8s on order
Norwegian drops all remaining 92 MAX 8s on order
Norwegian Air Shuttle wants to cancel all remaining orders for the Boeing MAX 8, or in total 92 aircraft. It also notified Boeing it wants to terminate the purchase agreement for five 787-9s, the airline said in a notice published on June 29 on the Norwegian Stock Exchange.
The decision confirms Norwegian’s plan to drastically resize its operations as if hopes to survive the Covid-19 crisis. Last…
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airinsight · 4 years
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Insight: Monday 29 June 2020: A Big Week for Boeing and the MAX News: FAA test flights of the Boeing 737 MAX will begin today to determine whether the aircraft will be approved for a return to service in the United States.
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airinsight · 4 years
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Morning Call: Monday 29 June 2020
Morning Call: Monday 29 June 2020
Commercial
FAA Confirms Boeing 737 Max Test Flights Set to Begin – Bloomberg
Airbus confirms thousands of redundancies amid industry slow-down – BrusselsTimes
ATR and REX cooperating on fleet modernisation – LARA
General Aviation
Bombardier Global 5500 Can Travel From LA to Moscow Nonstop – RobbReport
Gulfstream Aerospace – the envy of all cockpit technology – YouTube
Airline
Qatar…
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airinsight · 4 years
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Airbus: production cut by 40 percent, thousands of jobs to be lost
Airbus: production cut by 40 percent, thousands of jobs to be lost
Airbus is expected to cut thousands of jobs as it has to deal with revised market conditions following the Covid-19-crisis. The European airframer will confirm its plans before the end of July, but a 40 percent reduction in production will have its consequences, President and CEO Guillaume Faury said in an interview with German newspaper Die Welt on June 29.
Already during its Q1 earnings call on…
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airinsight · 4 years
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Comac ARJ21 hits milestone as first aircraft join Three Majors
Comac ARJ21 hits milestone as first aircraft join Three Majors
Chinese airframer Comac hit an important milestone on June 28 when it simultaneously delivered three ARJ21 regional jets to the country’s biggest airlines: Air China, China Eastern, and China Southern Airlines. For the type, it means a breakthrough as until now it has been used mainly by Chengdu Airlines and smaller regional airlines.
Today’s ceremony happened at Comac’s Assembly Manufacturing…
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airinsight · 4 years
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Virgin Australia finds new future with Bain Capital
Virgin Australia finds new future with Bain Capital
Virgin Australia seems to have escaped insolvency and liquidation after Bain Capital Private Equity has been selected as the preferred buyer of Australia’s second airline, it emerged on June 26. Bain has entered into a sale and implementation agreement with the administrators led by Vaughan Strawbridge.
Virgin Australia filed for voluntary administration on April 21 with debts of around $5…
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