Oslo, Norway-based low-cost carrier has ceased trading after failing to secure backing for its new financial plan leaving the board with no viable alternatives. The airline was set up in 2020 by Erik G. Braathen who previously ran Braathens before its subsequent collapse in 2004. Flyr operated flights to two [read more]
Deliveries of airliners in 2022 significantly exceeded predictions with over 1,000 aircraft being delivered for the first time since 2019. The UK trade organisation representing the Aerospace, Defence, Security and Space sectors, ADS, had predicted that 997 aircraft would be delivered in 2022 but the final total was 1,144 from [read more]
US airframer Boeing has reported an operating loss of over £524 million in the 4th quarter of 2022 in its final financial report of the year. The loss is blamed on “abnormal production costs” caused by it trying to clear the backlog of Boeing 737 Max deliveries and an increase [read more]
US aerospace giant Boeing has released the figures for its commercial aircraft orders and deliveries in 2022 showing a positive recovery for the singe-aisle 737 Max product line. In total the company received orders for 561 Boeing 737 Max family aircraft including several new customers including ANA, Delta Air Lines, [read more]
US airframer Boeing has been awarded a firm order for 100 Boeing 787 Dreamliners with the option to purchase a further 100 in an order which sets the US record for the type. The order also includes 100 Boeing 737 Max single-aisle airlines which include the conversion of 44 previous [read more]
Budget airline Ryanair (FR/RYR) has signed a deal with Vienna-based OMV to supply 160,000 tonnes of Sustainable Aviation Fuel (SAF) at airports across Austria, Germany and Romania. The deal will give access to 53million gallons of SAF enabling the airline to save 400,000 tonnes of CO2, equivalent to 40,000 flights. [read more]
Dublin-based lessor CDB Aviation has completed the delivery of its 11th A321neo leased to low-cost carrier Wizz Air. CDB Aviation, the dedicated aircraft leasing platform of China Development Bank, completed the lease of the Airbus A321-271NX to Wizz Air today increasing its presence in the European market. The lessor has [read more]
Brazillian airframer Embraer has come out on top of the sales charts at the Farnborough International Airshow (FIA22) with total orders and commitments reaching 280. While most of Embraer’s orders were for the much vaunted single-aisle E195-E2, Embraer also did well with the older E175 and its future eVTOL aircraft [read more]
Boeing has scored two large deals on day one of the Farnborough International Airshow with ANA adds Max 8s to its fleet. As reported earlier Delta have the Seattle-based airframer a boost with an order for 130 Max 10s but this was buoyed by the ANA order. The ANA order [read more]
Ryanair Group boss Michael O’Leary has hit out at Boeing’s management saying though should step up or ship out. The outspoken airline boss was reacting to delays in delivering new Boeing 737 Max aircraft to Ryanair by the Seattle USA-based airframer. Mr O’Leary said that Ryanair was still a willing [read more]
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