Market Intelligence: -Airline Aircraft Orders

flydubai to Expand Fleet with 12 B737 Aircraft in 2025

Dubai, United Arab Emirates – flydubai has reported its strongest financial performance since its inception, achieving a record profit before tax of AED 2.5 billion (USD 674 million) for the financial year ending 31 December 2024, marking a 16% increase compared to 2023. The airline also saw a 15% surge in annual revenue to AED 12.8 billion (USD 3.5 billion) and carried 15.4 million passengers, up 11% year-on-year.

  • Passenger numbers grew by 11% to 15.4 million, with a 10% increase in capacity (ASKM) and a 1.2 percentage point rise in Passenger Load Factor.
  • flydubai’s fleet totaled 88 aircraft by year-end, with an average age of 5.3 years. Four Boeing 737 MAX 8 aircraft were delivered in early 2024, though scheduled deliveries for the remainder of the year were delayed due to Boeing’s ongoing supply chain issues.
  • The airline extended leases on four Boeing 737-800 aircraft to maintain capacity.
  • flydubai’s current order book includes 127 Boeing 737 aircraft for delivery over the next decade and 30 Boeing 787 Dreamliners—its first wide-body order—valued at USD 11 billion, with deliveries starting in 2027.

Outlook for 2025

  • flydubai plans to receive 12 new Boeing 737 aircraft in 2025 to support fleet growth, replacements, and network expansion.
  • Ghaith Al Ghaith, Chief Executive Officer at flydubai, commenting on the outlook for 2025, said: “we are looking forward to another positive performance this year where we have laid strong foundations for further growth. Our strategic plans are highly influenced by the manufacturer’s ability to deliver on their promise to bring the aircraft delivery schedules back on track and clear the backlog. flydubai will receive 12 new Boeing 737s in 2025 to continue growing its fleet, replace some of its existing aircraft and support its network expansion plans. We are well-versed in managing external challenges such as rising inflation, supply chain disruptions as well as geopolitical tensions. Our focus will be on transformation and innovation through further investment in technologies that will support our sustainability efforts, improve operational efficiencies and strengthen our inhouse capabilities. We look forward to realising the full potential of our new Flight Training centre and growing our inhouse capabilities with the launch of Cabin Crew Training Organisation (CCTO) as well as Airline Transport Pilot License (ATPL).”

Source: flydubai

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Spanish Operator Orders Up to 10 New ATR 72-600 Aircraft

Gran Canaria, Spain – Regional airline Binter has taken a step towards fleet modernization by replacing four of its ATR 72-600 aircraft with new models powered by Pratt & Whitney PW127XT engines. The firm order, placed at the end of 2024, also includes options for five additional aircraft.

  • The announcement was made during ATR’s 2024 results press conference, where the manufacturer highlighted its first orders for replacing existing ATR -600 models.
  • The upgraded ATR 72-600 aircraft feature PW127XT engines, optimized for improved fuel efficiency, reduced CO2 emissions, and lower operating costs.
  • Binter currently operates 26 ATR 72-600 aircraft, facilitating over 5 million passenger journeys annually with around 210 daily flights across the Canary Islands.
  • The airline has used ATR turboprops since 1989 and continues to prioritize efficient, low-emission aviation while maintaining connectivity across the archipelago.

Statement:

“Our investment in these brand new ATR 72-600 underscores our dedication to ensuring the utmost comfort and reliability for the communities we serve. With the remarkable efficiency of the PW127XT engines, uniquely optimised for ATR’s turboprops, we are embracing new standards in fuel consumption, CO2 emissions, and operating costs, setting a benchmark for responsible aviation practices,” said Mr. Rodolfo Núñez, President of Binter.

About Binter
Binter is a regional airline based in Gran Canaria, Spain, operating flights across the Canary Islands and beyond. With a fleet of ATR turboprops, the airline provides vital air connectivity for local communities and facilitates regional economic growth.

Source: ATR Aircraft
Photo Credit: ATR Aircraft

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Regional Aircraft Manufacturer ATR Reports Strong 2024 Results with 40% Growth in Aircraft Orders

Toulouse, France – ATR, the world’s leading regional aircraft manufacturer, reported its full-year results for 2024, highlighting significant growth in aircraft orders and a strong demand for its turboprops.

  • ATR secured 56 aircraft orders in 2024, a 40% increase from 2023, with 51 ATR 72 and 5 ATR 42 aircraft ordered.
  • The company’s backlog now exceeds 150 aircraft, with strong demand from Asian and Canadian operators.
  • Deliveries remained stable at 35 aircraft, with one additional unit ready for delivery.
  • Revenue reached $1.2 billion, maintaining a book-to-bill ratio above 1.
  • Nearly 100 second-hand transactions were recorded, reflecting continued market interest in ATR’s cost-effective and low-emission aircraft.
  • ATR’s customer support and services revenue grew by 15% to $480 million, building on record levels from 2023.
  • The company expects 2025 to be a year of stabilisation, as supply chain challenges persist in the first half of the year.

Statements:

Nathalie Tarnaud Laude, Chief Executive Officer of ATR said: “We worked through a challenging year in 2024 and I want to thank everyone, from our customers to my colleagues, who contributed to these results. In 2024 we doubled down on our core proposition of efficient, affordable connections. Our results show how relevant our aircraft are to our operators, and to people across the world who want to connect, sustainably.

In 2024, we delivered what we said we would. We maintained delivery rates, in tough conditions, while welcoming 16 new operators, selling 56 aircraft, offering value-added services and streamlining operations to enhance the competitiveness of our products and the profitability of our customers. This continues to give ATR solid foundations for the future, and shows that the regional market is eager to buy highly-efficient aircraft with the right economics, the right capacity, and the right performance.” 

Source: ATR
Photo Credit: ATR

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Boeing Achieves Highest Monthly Deliveries Since December 2023

Seattle, USA – Boeing delivered 45 aircraft in January 2025, surpassing Airbus, which handed over 25 planes to 17 customers during the same period. This marks Boeing’s highest monthly delivery since December 2023 and the first time it has outpaced Airbus since March 2023.

  • The 45 deliveries included 40 737 MAX jets, with major customers such as United Airlines (seven), Southwest Airlines (five), and Air Lease Corporation (three).
  • Additional deliveries included four 787 Dreamliners and one 777 Freighter.
  • Ten of the 737 MAX aircraft had been in long-term storage awaiting rework before delivery.
  • Boeing also secured 36 new orders in January 2025, consisting of 34 737 MAXs and two 777 Freighters from undisclosed customers.
  • The Federal Aviation Administration (FAA) has capped 737 MAX production at 38 units per month following the Alaska Airlines incident in January 2024. Boeing does not expect to reach that level until later in 2025.
  • Boeing’s production faced disruptions due to a seven-week strike in September 2024 and an additional month of safety checks before resuming full operations.

Source: Boeing and Airbus

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ASG’s Skytrans Expands Fleet with Airbus A319 to Strengthen ACMI Services in Australia

Australia – Skytrans, an Australian-based passenger and cargo operator, a part of Avia Solutions Group and the first ACMI provider in Australia within the group, has officially added a new Airbus A319 model to its fleet.

“Introducing this new Airbus model is not just about expanding our fleet. It is about redefining our operational capabilities and setting a new standard in the aviation service industry. We are excited to enhance our ACMI services and help our partners succeed with a more flexible and cost-efficient fleet management solutions. Therefore, the introduction of the new type, narrow body aircraft represents a substantial advancement and the beginning of a new era,” said Gytis Gumuliauskas, Managing Director at Skytrans.

The introduction of the Airbus A319 is particularly aimed at enhancing capacity during peak travel seasons in Australia, which aligns with the global ACMI market’s ability to adapt to seasonal demands efficiently. It is forecast that total domestic air passenger travel in Australia will grow at approximately 2.6% per year, expected to surpass 237 million passengers by 2050. Skytrans’ strategic use of ACMI services has demonstrated the potential to increase airline profits by 2-3%, showcasing the financial efficiency and operational flexibility it provides to the airline industry. The company is renowned for its reliable and safe aviation solutions across Australia and the Asia-Pacific region.

“As a part of Avia Solutions Group, the world’s largest ACMI provider, we are introducing the ACMI service for the market and broadening the Group’s capabilities to support airlines when they need it. We are dedicated to being part of their success and cost-efficient fleet establishment. This type of the aircraft is clearly dedicated for ACMI and charter operations. We are committed to being a reliable and high-quality service providing operator in all our activities,” noted Gumuliauskas.

According to Managing Director, integrating new aircraft type into Skytrans operations was a huge work for a company’s team, combining existing processes, systems, manuals, training programs, and adding additional, required for narrow body operations. “The introduction of the new type presents a range of opportunities that will need to be explored. I am confident that we will establish trusted, long-term partnerships,” added Gumuliauskas.

Source: Avia Solutions Group
Photo Credit: Avia Solutions Group

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