BOC Aviation has converted four options for V2500 engines to power Airbus A320s. The deal was announced by International Aero Engines yesterday, with the OEM confirming that its turbofans will power the leasing group’s 100th A320 delivery to South African Airways.
Azul (full name Azul Linhas Aereas Brasileiras) has confirmed options for 10 Embraer 195 jets valued at $478 million at list prices, close on the heels of ordering 11 only four months ago. This takes the total airplanes ordered by the Brazilian low-cost carrier to 62 (57 E195s and five E190s). A smaller order for two Embraer E-175, placed by Belavia of Minsk (in Belarus), was also announced.
Indonesia’s Lion Air underlined its clear love for Boeing aircraft here on St. Valentine’s Day when it signed a “ceremonial certificate of purchase” to firm up the massive aircraft order it first revealed at the Dubai Airshow last November.
Philippines carrier Cebu Pacific is starting construction of a new heavy maintenance hangar at Clark International Airport (also known as Diosdado Macapagal International Airport). The facility, which is a joint venture with SIA Engineering (SIAEC), is due to open later this year, according to Garry Kingshott, advisor to the airline’s chief executive, who spoke with AIN at the Low Cost Airlines Asia conference here in Singapore last week.
AirAsia X, the Malaysian budget long-haul affiliate of Air Asia, is consolidating business in its core markets of China, Australia, Japan and Korea, according to CEO Azran Osman-Rani, who was speaking to AIN at the Low Cost Airlines World conference in Singapore last week.
European low-cost carrier Easyjet announced on the eve of the show that it will be the first airline to test the electric taxiing system that Safran and Honeywell are developing to save fuel (see page 58). With the first operational trials due to take place in 2013, Easyjet’s role will be to help establish whether the estimated savings can be realized. The system enables an aircraft to taxi without its engines, by using the auxiliary power unit to power electric motors in the main wheels.
Even as Asia Pacific airlines survived a testing 2011, overcapacity as a result of increased fleet orders is still concerning investors, who are already less willing to finance procurements in the current debt-laden environment. This was the message from Sydney-based thinktank the Center for Asia Pacific Aviation (CAPA) at the Low Cost Airlines Asia summit in Singapore last week.
A growing appetite among Indian carriers to serve regional routes makes the country a potentially big market for 250 regional jets with a capacity of up to 120 seats, according to Brazilian airframer Embraer. Twin-turboprop manufacturer ATR estimates in the next five years India will requirearound 100 aircraft,and 200 in the longer term.
Even though the year ended with doom and gloom, the Indian air transport sector couldn’t have asked for a better beginning to 2012 with its largest budget carrier, IndiGo, signing a memorandum of understanding for the biggest commercial aviation deal in history valued at approximately $15.6 billion. The deal, which was subsequently firmed up, called for 180 of Airbus’ A320 family narrowbodies. This topped an earlier order by the carrier for 100 aircraft and seemed a clear indication that the Indian market is back on track after suffering severe losses during 2008- 2009.
Even as Asia Pacific airlines survived a testing 2011, overcapacity as a result of increased fleet orders is still concerning investors, who are already less willing to finance procurements in the current debt-laden environment. This was the message from Sydney-based thinktank, the Center for Asia Pacific Aviation (CAPA) at the Low Cost Airlines Asia summit here in Singapore last week.