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Small part of 777 fleet affected by PW4000 restrictions

Regulatory action mandated by international civil aviation authorities after the 20 February failure of a Pratt & Whitney PW4000 on a United Airlines Boeing 777 affect a relatively small proportion of the 777 fleet. Regulatory action mandated by international civil aviation authorities...

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Air Europa negotiates lease deferrals

Lessors are discussing new rent-deferral arrangements with Air Europa as the Spanish carrier navigates towards fresh state-backed financial support, sources have told Cirium. Lessors are discussing new rent-deferral arrangements with Air Europa as the Spanish carrier navigates towards fresh state-backed financial support, sources have...

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Boeing must ‘get house in order’ on 787 issues: Air Lease chief

Boeing must “get its house in order”, by addressing immediate issues such as problems on the 787 production line, before Air Lease would be interested in ordering any new types the airframer plans to develop, the lessor’s chief executive John...

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Spirit AeroSystems cut 8,000 jobs and lost $870m in 2020

Spirit AeroSystems swung to an $870 million loss in 2020, a year in which it slashed 8,000 commercial aerospace jobs and restructured its operations to align with markedly reduced production rates. Spirit AeroSystems swung to an $870 million loss in...

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Confident Jazeera outlines plans to double fleet by 2025

Kuwaiti carrier Jazeera Airways is looking to double its fleet over the next four to five years, confident that it has the resources to recover from the air transport crisis despite the heavy financial impact on its operations. Jazeera has...

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Volotea sees growth after switch to all-Airbus fleet

European carrier Volotea could add four further Airbus narrowbodies to its fleet this summer to take to 19 the number it will operate after completing the withdrawal of its Boeing 717 fleet. European carrier Volotea could add four further Airbus...

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​UK bookings surge on lockdown exit plan

Airlines have seen a jump in UK ticket sales in the hours after the government published information on the national plan for exiting lockdown. Airlines have seen a jump in UK ticket sales in the hours after the government published...

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Gulf Air to make Singapore return in April

Gulf Air is to launch a weekly service from Bahrain to Singapore in April, reviving a route it last operated more than a decade ago. The Bahraini carrier will deploy a Boeing 787-9 on the service to Singapore, which it...

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Lithuanian start-up carrier Heston ties up with lessor Genesis

Irish-based lessor Genesis is supporting the establishment of a new Lithuanian charter and wet-lease carrier, Heston Airlines, in co-operation with consolidated aircraft trading and maintenance firm Heston Aviation. Heston Airlines is applying for a European air operator’s certificate and has...

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SpaceJet pause creates new space in regional jet sector

Ascend by Cirium senior consultant Max Kingsley-Jones reviews the development of the intermediate regional jet sector and impact of the SpaceJet pause The decision by Mitsubishi Aircraft to “pause” development of the SpaceJet has unsurprisingly led to speculation about the...

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