A deal struck between aircraft leasing company Dubai Aerospace Enterprise and US carrier American Airlines over the sale-and-leaseback of 18 737 MAX jets is nearing completion. According to the Dubai-based lessor, Dubai Aerospace Enterprise (DAE) has “substantially completed” its deal to deliver the 737 MAX 8 jets to American. The deal was signed in Q3
Airbus increases range on A220-300 by 200nm
European planemaker Airbus is set to increase the range on its A220-300, the largest of its A220 variants, by some 200 nautical miles. According to Airbus, from mid-2021 it will be offering A220-300 customers with a range increase of 200 nautical miles, after increasing the aircraft’s maximum take-off weight (MTOW) by one tonne to 70.9
Confidence wavers in European travel demand recovery
Public confidence in what was looking to be a recovery in the European travel industry by the all-too-important summer travel season has fallen, as new waves of infection see airline shares plummet. Shares in European airlines fell across the board on Monday, following announcements from the UK government that continued to advise against summer travel,
Boeing has found another manufacturing fault in some of its 787 Dreamliners, and will begin carrying out inspections on flight deck windows. The embattled US planemaker has said it has already begun testing the cockpit windows in a limited batch of aircraft, after it learned that a supplier had altered its production process. As such,
Canada urges UN to change accident investigation protocols following Iran’s report
Canada hopes to introduce new protocols and safeguards to air incident investigations, following its long-standing criticism against Iran’s investigation of the Ukrainian airliner downed by Iranian forces in January 2020. Ukraine International Airlines flight PS752 was shot down on 8 January 2020 by Iran’s Revolutionary Guards shortly after take-off over Tehran, in an incident labelled
Irish aircraft lessor AerCap’s acquisition of rival GECAS could reduce competition in the market and make aircraft leasing more expensive, the IATA has warned. Alexandre de Juniac, director general of the International Air Transport Association, has shared his concerns over the recently announced US$30 billion acquisition of engine maker General Electric’s aircraft leasing unit GECAS
