All articles tagged with #fleet expansion
Originally Published 5 months ago — by Live and Let's Fly
United Airlines is considering expanding its premium economy cabins, especially the Premium Plus segment, on future aircraft deliveries like the 787-9, aiming to capitalize on high demand and improve profitability, with larger cabins expected in upcoming fleet upgrades.
Originally Published 6 months ago — by One Mile at a Time
Starlux Airlines from Taiwan has ordered an additional 10 Airbus A350-1000 aircraft to expand its long-haul services, aiming to enhance its international connectivity and fleet capacity, with deliveries expected from 2025 to 2031.
Originally Published 1 year ago — by One Mile at a Time
Qatar Airways is nearing a decision on a major aircraft order, expected to include around 200 jets split between Airbus A350s and Boeing 777Xs. This move aims to address the airline's need for new wide-body jets to replace older models and expand capacity. The final decision may be announced at the Farnborough Air Show in late July.
Originally Published 1 year ago — by Fox Business
American Airlines has placed an order for 260 new planes, including a significant number of Boeing 737 Max jets, to bolster its domestic and short-haul international network and expand first-class seating. The order includes 85 Airbus A321neo, 85 Boeing 737 Max 10, and 90 Embraer E175 aircraft, with options for an additional 193 planes. This comes as the FAA increases oversight of Boeing following an incident involving a Max 9 jet. Despite FAA scrutiny, Boeing expressed appreciation for American Airlines' trust and confidence in the 737 Max family.
Originally Published 1 year ago — by The Points Guy
American Airlines has placed an order for 260 new narrowbody jets, including 85 Airbus A321neo, 90 Embraer E175 regional jets, and 85 Boeing 737 MAX 10 aircraft. The order also involves retrofitting existing Airbus A319 and A320 aircraft with new interiors and power outlets. The airline plans to use the new aircraft to upgauge some domestic and short-haul routes, expand its fleet, and increase premium-heavy aircraft. This order comes amid ongoing supply chain and production issues in the aviation industry.
Originally Published 1 year ago — by CNBC
American Airlines projects that 80% of its 2024 revenue will come from loyalty program members and passengers purchasing more expensive tickets, up from 70% in 2017. The airline plans to revamp its fleet with 260 new Boeing, Airbus, and Embraer planes, and retrofit older Airbus planes to expand their first-class cabins. American is also renegotiating credit card agreements to increase revenue and aims to grow pretax margins while reducing its debt load. The carrier declined to provide specific profit or revenue forecasts for the year, and its shares were down more than 4% in afternoon trading.
Originally Published 1 year ago — by CNBC
American Airlines is ordering 260 new narrow-body jets, including 85 Boeing 737 Max 10s and 85 Airbus A321neos, as well as planning to grow its first class on some of its narrow-body planes starting in 2025. The order is a vote of confidence for Boeing, which has been struggling with production flaws and delays, and reflects the airline's response to high demand for premium seats.
Originally Published 1 year ago — by The Points Guy
Breeze Airways, founded by JetBlue's David Neeleman, will exclusively operate Airbus A220 aircraft, discontinuing its Embraer jets, and plans to add 10 more A220s to its fleet by 2024. The airline also announced its 50th destination and a new route, while offering a 20% discount on round-trip base fares. Despite financial struggles, Breeze aims to become profitable in 2024 and will invest in new flight attendant uniforms, using its Embraer jets for charter operations.
Originally Published 2 years ago — by Reuters.com
Delta Air Lines has placed an order for up to 40 Airbus A350-1000 widebody aircraft, with deliveries of the first 20 scheduled to begin in 2026. The long-range A350-1000 will replace Boeing 767s and is expected to enhance the airline's premium customer experience. This move aligns with Delta's strategy to attract travelers willing to pay for premium amenities, and the new planes are anticipated to support the company's growth in the Asia-Pacific region.
Originally Published 2 years ago — by One Mile at a Time
Latvian flag carrier airBaltic has placed an order for up to 50 additional Airbus A220-300s, consisting of 30 firm orders and 20 options, complementing their previous order for 50 of these jets. The airline aims to operate a fleet of 100 A220s by 2030 and is currently the largest operator of this variant in the world. The A220-300 offers fuel efficiency, passenger comfort, and a range of up to 3,450 nautical miles. Despite challenges, airBaltic has maintained its core strategy and is known for its disciplined and consistent growth.
Originally Published 2 years ago — by One Mile at a Time
EgyptAir has signed a lease agreement with Air Lease Corporation to acquire 18 Boeing 737 MAX 8 jets, which will join the airline's fleet in 2025 and 2026. This move is part of EgyptAir's plan to expand its fleet to 125 jets over the next five years and serve 100 destinations. The airline's current fleet is diverse, consisting of various aircraft types, and this order adds to the mix.
Originally Published 2 years ago — by One Mile at a Time
FlyDubai has placed an order for 30 Boeing 787-9s, marking a significant fleet development for the regional airline. The first delivery is expected in 2026. The move is seen as a surprising development as FlyDubai has historically operated smaller jets on regional routes. The airline's executives state that the Dreamliners will primarily be used to increase capacity on existing routes rather than for long-haul flights. The order is believed to have been negotiated as part of Emirates modifying its own Boeing 787 order.
Originally Published 2 years ago — by Reuters.com
Textron Aviation and NetJets have signed an agreement granting NetJets the option to purchase up to 1,500 additional Cessna Citation business jets over the next 15 years, potentially valued at around $30 billion. Despite supply chain and labor issues, Textron's aviation segment is benefiting from strong pricing of its jets. The deal allows NetJets to expand its fleet with various Cessna Citation models, with deliveries of the first aircraft expected to begin in 2025.
Originally Published 2 years ago — by Airways Magazine
Biman, the national airline of Bangladesh, has committed to acquiring 10 Airbus A350 family aircraft to expand its operations and replace its oldest widebody planes. This marks the first time Biman will purchase Airbus aircraft, as its fleet has been exclusively composed of Boeing planes since 2016. The order includes two freighter variants of the A350, which will enhance Bangladesh's export capabilities, particularly in the textile industry. The specific delivery timelines have not been disclosed yet.
Originally Published 2 years ago — by CNBC
Qantas Airways, Australia's flagship carrier, has reported a record annual profit of $2.47 billion AUD ($1.6 billion) as air travel demand continues to recover post-pandemic. The airline plans to increase its fleet by ordering 12 Airbus 350 and 12 Boeing 787 aircraft, while also announcing a share buyback of $500 million AUD. Qantas aims to retire older planes and introduce new flight routes, including long-haul direct flights from Sydney to London and New York in 2025. The CEO, Alan Joyce, attributed the profits to the airline's strong position in the industry and expects air fares to decrease significantly in the next year. The Transport Workers' Union has called for Joyce's resignation over alleged empty promises and suppression of workers' wages. Joyce is set to retire in November and will be succeeded by Vanessa Hudson, Qantas' first female CEO.