After the cancellation of 75 Boeing 737 MAX orders in April 2020, the Irish-based lessor Avolon reduced its orderbook by another 27 of the jets on July 7, 2020, to consolidate its capital amidst the coronavirus crisis. The 27 aircraft were expected to be delivered between 2020 and 2022....
As the Coronavirus pandemic continues to impact the aviation industry, airlines are finding ways to minimize costs to survive. Some are retiring old aircraft, while some are laying-off their workforce...
On May 29, 2020 Hungarian low-cost carrier Wizzair accepted its first A320neo aircraft. The next generation aircraft bears Hungarian registration of HA-LJA.HA-LJA joined 121 other aircraft found in Wi...
The low-cost British airline easyJet finally reached an agreement with Airbus to postpone the deliveries of 24 A320neo and A321neo that were expected between 2020 and 2022. The order for 107 aircraft, which its founder Stelios Haji-Ioannou wanted to see canceled, is still pending....
While presenting solid financial results for the year 2019, the French aerospace manufacturer Safran revised its forecast for 2020 to take into account the impact of the Boeing 737 MAX grounding and production interruption....
A GoAir Airbus A320neo had to abort takeoff at Ahmedabad airport, India, after its right engine caught fire. The malfunction is suspected to be due to a foreign object, possibly a bird strike....
Indian low-cost carrier GoAir says it had to cancel flights after an unplanned grounding of aircraft part of the current fleet, while new Airbus aircraft powered by Pratt & Whitney engines would fail to arrive by the previously expected deadline in March 2020....
IndiGo’s woes with its A320neo engines might soon come to an end. Calling the work that the airline has done so far “impressive”, the Directorate General of Civil Aviation (DGCA) has set a new deadline for IndiGo to completed remove unmodified, potentially dangerous engines from its fleet. ...
BOC Aviation placed a firm order with Airbus for 20 A320neo aircraft, the manufacturer announced on January 7, 2020. At least ten of the aircraft (and up to twelve in total) would go to the lessor’s new customer ‒ Avianca Airlines....
easyJet announced it exercised purchase options resulting in 12 firm orders of A320neo aircraft for delivery in 2024. According to the British airline, the contract valued at a list price of $1.368 billion is subject to a substantial discount from Airbus....
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