Market Intelligence: -Airline Aircraft Orders

Kuwait Airways purchases 31 new Airbus Aircraft

Kuwait Airways announced it would purchase 31 jets from Airbus instead of 28 as part of a restructured deal in which it has also reduced orders for A350-900 jets.

The restructured deal is as follows;

  • 9x A320neos (already delivered)
  • 6x A321neos
  • 3x A321neo-LRs
  • 4x A330-800neos (2 already delivered)
  • 7x A330-900neos
  • 2x A350-900s

Some aircraft already delivered with the remained to be delivered between 2022 and 2028.

For more information, kindly contact Kuwait Airways.

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Air Lease Corporation Orders 50 Boeing 737 MAXs

Aircraft Lessor – Air Lease Corporation has confirmed an order for Boeing 50 737 MAX aircraft, consisting of 32 737 MAX and 18 737 MAX planes resulting from the conversion of three 787 aircraft. Deliveries of the aircraft are scheduled to commence in 2024 and continue through 2026.

For more information, kindly contact Air Lease Corporation.

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Cargo Airline Purchases Two Boeing 777 Freighters

Boeing [NYSE: BA] and Western Global Airlines today announced a firm order for two 777 Freighters, the first new-production freighters for the all-Boeing cargo operator based in Estero, Fla. The order was finalized in January 2022 and is currently listed as unidentified in Boeing’s order backlog. The agreement also includes an additional purchase option.

“Western Global is pleased to acquire new-build 777 Freighter aircraft.  As the world’s fastest growing cargo airline, we have determined that augmenting our existing fleet with new 777 Freighters will enable us to best serve our customers while providing a clear path to our future fleet plans,” said Jim Neff, Western Global Airlines CEO & founder.

Boeing’s market-leading 777 Freighter is the world’s largest, longest-range and most capable twin-engine freighter currently flying, with the lowest trip cost and highest reliability of any large freighter. With a range of 4,970 nautical miles (9,200 kilometers), the 777 Freighter can carry a maximum structural payload of 107 metric tons (235,900 pounds), while reducing fuel use and CO2 emissions compared to prior airplanes. This capability and exceptional efficiency translate into significant savings for cargo operators, with fewer stops and associated landing fees.

Boeing has forecast that the global freighter fleet will grow by 70% in the next 20 years, with freight carriers such as Western Global supporting a rapidly expanding global e-commerce business and evolving supply chains.

“The addition of 777 Freighters will enable Western Global to continue its growth, providing increased capability and flexibility to its operations,” said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing. “These new freighters will complement its existing all-Boeing fleet and we are committed to deepening the partnership between our companies, which has existed since Western Global’s inception.”

Having flown to over 400 airports in 135 countries on six continents, Western Global Airlines currently owns and operates a fleet of 21 747-400 and MD-11 Freighters, providing contracted turn-key transport services around the globe for a variety of blue-chip logistics companies, e-commerce platforms, and US Department of Defense.

For more information, kindly contact Boeing.

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Middle Eastern Etihad Airways signs LOI for 7 Airbus 350 Freighter

Etihad Airways’ has signed a Letter of Intent (LoI) for seven A350F freighters to add to its existing fleet of five A350-1000 passenger versions. The announcement was made at the Singapore Airshow 2022. Etihad has also selected Airbus’s Flight Hour Services (FHS) to support its entire A350 fleet.

“Etihad is delighted to extend our relationship with Airbus to include this remarkable aircraft as part of our freighter fleet for the future,” said Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group. “As our cargo operations continue to overperform and we work towards a more sustainable future built upon the world’s youngest and most fuel-efficient fleet, the addition of the A350F will play a key role in driving our long-term cargo strategy and achieving our 2035 target to reduce CO₂ emissions by 50%.”

“We are pleased to sign this agreement with our long standing partner Etihad, shortly before this most discerning airline also introduces A350 passenger service. Thank you Etihad for endorsing the game changing nature of the new A350F” said Christian Scherer, Chief Commercial Officer and Head of International. “The world’s only new generation large freighter will be unmatched in its market segment in terms of range, fuel consumption and CO₂ savings.”

As part of the world’s most modern long-range family, the A350F provides a high level of commonality with the A350 passenger versions. With a 109 tonne payload capability, the A350F can serve all cargo markets. The aircraft features a large main deck cargo door, with its fuselage length and capacity optimised around the industry’s standard pallets and containers.

More than 70% of the airframe of the A350F is made of advanced materials, resulting in a 30 tonne lighter take-off weight and generating at least 20% lower fuel consumption and emissions over its current closest competitor. The A350F fully meets ICAO’s enhanced CO₂ emissions standards coming into effect in 2027. To date the A350F has won firm orders and commitments for 29 aircraft from 5 customers.

The A350F meets the imminent wave of large freighter replacements and the evolving environmental requirements, shaping the future of air freight. The A350F will be powered by the latest technology, fuel-efficient Rolls-Royce Trent XWB-97 engines.

For more information, kindly contact Airbus.

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American Airlines places order for three new Embraer aircraft

An order for three more E175s from American Airlines has pushed its network fleet total for the 76-seat E-Jet to over 100 aircraft. Deliveries will be completed this year. AA’s Envoy Air subsidiary will operate the E175s.

The E175 is immensely popular with North American carriers. The E-Jet can easily be configured in three classes to offer product consistency with larger mainline airplanes. American Eagle’s E175s have 12 First Class, 64 Main Cabin and Main Cabin Extra seats.

To date, Embraer has sold over 800 E175s to customers around the world. North American customers account for more 85% of those orders, or over 700 aircraft.

For more information, kindly contact Embraer.

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JetBlue orders 30 additional Airbus A220-300, raising its firm order to 100

JetBlue Airways has signed a firm order with Airbus for an additional 30 A220-300 aircraft. This takes the airline’s firm commitment for the A220-300 to 100 aircraft. This latest agreement lifts the total firm order book for the A220 to 740.

“We’re already seeing benefits from the eight A220s we’ve added to the fleet, and we’re very happy to have more on the way,” said Robin Hayes, chief executive officer, JetBlue. “We’ve seen double-digits increases in customer satisfaction scores, and these fuel-efficient aircraft support our leadership in reducing carbon emissions. With 30 additional A220s on order, we’re in a position to accelerate our fleet modernization plans to deliver stronger cost performance and support our focus city network strategy.”

“It is very rewarding to see a happy customer coming back for more aircraft not even a year after Entry into Service of its first A220. We salute our friends at JetBlue on this landmark deal,” said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International. “Over 700 A220 orders to date underscore the strong market appetite for this all-new Single Aisle aircraft.”

Jetblue started A220-300 operations in April 2021 and currently operates eight A220s in a 140-seat configuration, with USB-C, USB-A and AC power at every seat. The A220 also offers the largest cabin, highest ceiling, biggest windows and most spacious overhead bins in its class.

The A220 is the only aircraft purpose-built for the 100-150 seat market, bringing together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines. The A220 brings customers a 50% reduced noise footprint and up to 25% lower fuel burn per seat and CO2 emissions compared to previous generation aircraft, as well as around 50% lower NOx emissions than industry standards.

With around 15 airlines operating close to 200 A220s on four continents, the A220 is the optimal aircraft for regional as well as long-distance routes.

For more information, kindly contact Airbus.

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Aviation Capital Group finalises order for 20 A220s

Global full-service aircraft lessor Aviation Capital Group (ACG), wholly owned by Tokyo Century Corporation, has signed a firm contract for 20 A220s following its order for 40 A320neo Family aircraft including five A321XLRs announced in December 2021.

“We are delighted to expand our partnership with Airbus through this A220 order”, said Steven C. Udvar-Hazy, Senior Vice President, OEM Relations & Market Development at ACG. “Our airline customers will appreciate the A220’s environmental friendliness, passenger comfort, and competitive operating economics.”

“This order for 20 A220s from Tokyo Century’s Aviation Capital Group reflects the potential of the aircraft as a sound investment, including for investors based in the Asia Pacific region”, said Christian Scherer, Chief Commercial Officer and Head of Airbus International. “We thank and congratulate our partners at ACG. With fuel and emissions efficiency ever more a discriminating investment choice, the A220 really stands out. Equally gratifying is the market feedback that the A220’s cabin is becoming the passengers’ darling in the regional and small single-aisle segments.”

The A220 is the only aircraft purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines. Featuring a 50% reduced noise footprint and up to 25% lower fuel burn per seat compared to previous generation aircraft, as well as around 50% lower NOx emissions than industry standards, the A220 is a great aircraft for regional as well as long distance routes operations. The latest agreement lifts the total number of firm orders for the A220 above 700.

With this order ACG is supporting the recently launched multi-million dollar ESG fund initiative by Airbus that will contribute towards investment into sustainable aviation development projects.

For more information, kindly contact Airbus.

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Kuwait’s Jazeera Airways confirms order for 28 new A320neo family aircraft

Jazeera Airways, the Kuwaiti-based carrier, has firmed up an order with Airbus for 28 aircraft, including 20 A320neos and eight A321neos. The order confirms the Memorandum of Understanding announced in November 2021.

“Jazeera Airways is a long-standing partner of Airbus and we are delighted to see them grow their all-Airbus fleet with an additional 28 A320neo Family aircraft”, said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International.  “The A320neo Family offers the right size, economics and customer comfort for Jazeera Airways  to serve its growing customer base and open new routes competitively. We salute team Jazeera for their remarkable development and thank them for their trust and for this important order”.

“We are pleased to confirm this latest order with Airbus,” said Rohit Ramachandran, Jazeera Airways Chief Executive Officer. “By taking both A320neo and A321neo versions we will have great flexibility to extend our network to medium and longer haul destinations from Kuwait, offering passengers more choice to travel and enjoy popular destinations as much as underserved ones”

The A320neo Family incorporates the very latest technologies including new generation engines, Sharklets and aerodynamics, which together deliver 20% in fuel savings and CO2 reduction compared to previous generation Airbus aircraft. The A320neo Family has received more than 7,400 orders from over 120 customers.

For more information, kindly contact Airbus.

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