- ATR: New Annual Sales Record[Sep. 29, 2011]
ATR has recorded 145 firm aircraft orders and an additional 72 options since the beginning of the year. The value of these orders is estimated at US$3.2 billion (4.8 billion including the options). These figures already represent a new annual record for the European manufacturer of regional turboprop aircraft (previous record; 2007: 113 firm orders and 26 options).
- Nordic Aviation Capital Signs Contract for 10 ATR 72-600s and 2 ATR 72-500s[Sep. 29, 2011]
NAC consolidates itself as the worldwide largest lessor of ATRs, with a fleet of more than 100 aircraft European turboprop manufacturer ATR and Danish regional aircraft leasing company Nordic Aviation Capital (NAC) today signed a contract for the purchase of 10 ATR 72-600s and 2 ATR 72-500s, plus options for 10 additional ATR 72-600s. The total amount of the deal, including options, is valued at US$500 million.
- Air Lease Corporation Orders 2 Additional ATR 72-600s[Sep. 29, 2011]
US-based aircraft lessor Air Lease Corporation (ALC) has ordered 2 new ATR 72-600 regional turboprop aircraft. ALC already booked an order in 2010 for 10 ATR 72-600s, plus options for 10 additional aircraft. Today's contract is the conversion of two of these ten options. The two aircraft are valued at a list price of US$45 million. Deliveries of these two ATR 72-600s to ALC will occur in the spring of 2013.
- Lufthansa to Expand Fleet with More Airbus Aircraft[Sep. 30, 2011]
Lufthansa's Supervisory Board has approved the purchase of additional Airbus aircraft. The aircraft comprise two A380s, four A320s and one A330-300. These additional orders reflect the strong demand across Lufthansa's network for an efficient family of aircraft.
- ICBC Leasing, CFM Sign MOU for US$450 Million Engine Order[Sep. 29, 2011]
ICBC Financial Leasing Co., Ltd, a subsidiary of Industrial and Commercial Bank of China (ICBC), today signed a Memorandum of Understanding with CFM International to purchase CFM56-5B engines to power a new fleet of 22 firm Airbus A320 family aircraft. The firm engine order, which includes three spare engines, is potentially valued at more than US$450 million at list price and the leasing company is scheduled to begin taking deliver in 2012.
- Air NZ Increases Virgin Aust Stake to 20%[Sep. 26, 2011]
Air New Zealand has increased its stake in Virgin Australia to just under 20 percent as part of a strategy to boost its presence in the region.
- BA Buys More Slots at Heathrow[Sep. 23, 2011]
British Airways has acquired six daily takeoff and landing slots at London's Heathrow Airport from British Midland International for an undisclosed sum, bolstering its position at the world's busiest international passenger airport.
- Short-Haul Routes Boost Air New Zealand Numbers[Sep. 20, 2011]
Air New Zealand lifted passenger numbers by 2.7 per cent in August as an increase in volumes on domestic and trans-Tasman routes more than made up for a decline on long-haul routes.
- American Airlines Gives Upbeat 3Q Revenue Outlook[Sep. 21, 2011]
American Airlines said Wednesday that its revenue is rising, but higher fuel prices are also pushing up costs in the third quarter.
- Chile-Brazil Airline Merger to Be Completed in 2012[Sep. 22, 2011]
The head of Chile's airline group LAN said Thursday his company's merger with Brazilian airline TAM will be completed in the first quarter of 2012 after some "minor formalities" of the deal are solved.