Ireland-based aircraft lessor Avolon is speaking out against what it characterizes as irresponsible speculation that the economic life of modern airliners has been significantly reduced by the dismantling (for parts) of a number of relatively young aircraft, such as the Airbus A318. In an October 2 webcast, Avolon CEO Domhnal Slattery and head of strategy Dick Forsberg presented the results of a study drawing on raw fleet data provided by consultancy Ascend, combined with its own 10-year projections.
Joined by top U.S. transportation officials, Boeing and American Airlines showcased the 737-800 “ecoDemonstrator” flying testbed at Washington Reagan National Airport on September 18. Boeing had flown the aircraft from its flight-test facility at Glasgow, Montana, the preceding day using a biofuel blend made partially from used cooking oil.
Joined by top U.S. transportation officials, Boeing and American Airlines showcased the 737-800 “ecoDemonstrator” flying testbed at Washington Reagan National Airport on September 18. Boeing flew the aircraft from its flight-test facility at Glasgow, Montana, one day earlier using a biofuel blend partially made from used cooking oil.
A Boeing Business Jets BBJ set a new world speed record this week on a nonstop flight from Los Angeles to Auckland, New Zealand, completing the 5,658-nm trip in 13 hours, 7 minutes and 54 seconds. The record-setting flight was monitored by the National Aeronautic Association. Owned by Samsung Electronics, the bizliner was flown to New Zealand for the first interior completion of a new BBJ by Auckland-based Altitude Aerospace Interiors. According to Boeing Business Jets, the BBJ is its best selling model, with 157 sold to date.
A Boeing Business Jet newly delivered to Samsung Electronics set a world record for speed over a recognized course on September 17, thanks to an auxiliary fuel system from PATS Aircraft Systems. The flight covered a distance of 5,658 nm from Los Angeles to New Zealand in 13 hours, 7 minutes and 54 seconds, departing with full fuel and arriving with 7,800 pounds remaining.
Spanish and Irish authorities have asked Ryanair flight operations to explain why three of the airline’s Boeing 737s requested and received landing priority in July after running low on fuel approaching Valencia Airport in eastern Spain. The Ireland-based low-cost carrier says that thunderstorms forced all three aircraft to divert from Madrid and that each of them ran short of fuel after holding for more than an hour. Although no one was injured, Ryanair officials reported the incidents to Spanish and Irish aviation regulators, prompting the investigation.
Boeing announced a firm order from United Airlines on July 12 for 150 new 737 narrowbodies worth $14.7 billion at list prices, rounding out a week in which airlines and leasing companies placed more than $37 billion in orders and commitments for 737s at the Farnborough International airshow.
CFM International is set to head home from the Farnborough International airshow with some $12.6 billion in new engine sales—nearly doubling its 2012 order book. One dozen different clients—a mix of airlines and leasing groups—signed for nearly 1,000 of the new Leap family engines.
Lukewarm market reception and performance deficiencies that continue to fall short of the new 747-8’s original design specifications might have elicited a fair share of skepticism from various industry quarters, but they haven’t deterred Boeing from declaring that “prospects look quite good” for the stretched, re-engined and re-winged jumbo jet, now in passenger operation with Lufthansa Airlines and five cargo customers.
Latvian carrier Air Baltic has signed a letter of intent for 10 Bombardier CSeries CS300 twinjets worth $764 million (at list prices), with purchase rights for 10 more. Deliveries are to start in the first quarter of 2015.
Air Baltic currently has eight Bombardier Q400s in its fleet, along with 10 Fokker 50s, 16 Boeing 737-300/500s and two Boeing 757s.