In a serious blow to Boeing, Japan Airlines (JAL) has signed a purchase agreement covering 18 A350-900s and 13 A350-1000s worth $9.5 billion at list prices. The deal, which also includes options on another 25 of the mostly composite widebodies, marks the first order from Japan for the A350 and Airbus’s first-ever order from JAL.
AIN Air Transport Perspective » October 7, 2013
Opponents of Europe’s emissions trading scheme (ETS) seemed to have gotten the best of a deal reached at the general assembly of the International Civil Aviation Organization (ICAO) that should lead to a global market-based mechanism (MBM) for curbing aircraft emissions by 2020. On October 4, the assembly endorsed a plan agreed late the previous day by ICAO’s executive committee calling for a detailed plan for the cap-and-trade MBM to be agreed at the UN body’s next general assembly ahead of full implementation in 2020.
Emirates Airline has worked for more than two years to assist Boeing in the design of the 777X, the new airplane expected to begin replacing the phenomenally successful 777-300ER at the end of the decade, according to Emirates president Tim Clark.
The General Assembly of the European Regions Airline Association (ERA) took place in Salzburg last week with a mixed picture of how airlines are managing, particularly with continued pressure from low-cost-carrier growth and regulatory burdens. In the ERA’s view, Europe has a major problem with central politicians who seem unable to understand the value of regional aviation that local politicians in its many outer regions have little problem appreciating.
Biman Bangladesh Airlines, which has operated at a loss since 2008, expects to break even in the current 2013/14 financial year and to return to profitability the following year after cutting its losses from $75 million in 2010/11 to $25 million in 2011/12. At a press briefing in New Delhi last week, the Asian carrier’s CEO, Kevin Steele, announced plans to rationalize and double the size of its fleet from eight to 16 aircraft to allow it to expand its route network with new services such as Dhaka-New York starting next April.
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