Market Intelligence: -Airline Aircraft Orders

Low-Cost Saudi Airline, flynas, Takes Delivery of Three Aircraft, Upscaling the Fleet to 48

flynas, the Saudi air carrier and the leading low-cost airline in the Middle East, announced that it has welcomed three aircraft, one wide-body Airbus A330 and two new A320neo, representing the second batch of 19 new aircraft to be delivered in 2023, as part of a $10-billion order to purchase 120-aircraft from Airbus, the largest order of its kind in the region at the time.

The three planes arrived in Riyadh and Jeddah, with the new A320neo’s landing at King Khalid International Airport in Riyadh on May 3 and 4 and the A330 touching down at King Abdulaziz International Airport in Jeddah on Saturday (May 6).

flynas fleet currently has 48 aircraft, up 84% in about two years, compared to its size of 26 aircraft in the first quarter of 2021.

On this occasion, Bander Almohanna, CEO and Managing Director of flynas, stressed that the company has achieved exceptional growth in its operations and fleet size, adding 22 aircraft during the past 26 months, as part of flynas’ commitment to moving forward with its growth and expansion strategy under the slogan “We Connect The World to the Kingdom,” which aims to reach 165 domestic and international destinations.

“Taking delivery of the three aircraft coincides with the recovery witnessed by the travel and tourism sector, with expectations of distinguished growth figures in the current summer season of 2023, especially with flynas adding 10 new destinations and routes in Asia and Europe as of next June, with the aim of boosting its ever-growing international network of flights. The delivery also coincides with the approaching Hajj season, in which the company plans to transport the largest possible number of pilgrims and visitors to the Two Holy Mosques,” he added.

flynas is moving forward with its expansion plans in its network of destinations, which requires upscaling its aircraft fleet. Almohanna explained, “We recently launched two destinations to Baghdad and Erbil in Iraq, and we also signed an agreement with the Air Connectivity Program to launch five direct international destinations to the capitals of Iraq, Nigeria, Uzbekistan, and Kyrgyzstan, as well as to the second largest Kyrgyz city of Osh, in order to facilitate the arrival of visitors, pilgrims, and Umrah performers to the Kingdom, in line with the National Civil Aviation Strategy to reach 330 million passengers increase the number of international destinations linked to the Kingdom to more than 250 destinations by 2030.”

The Board of Directors of flynas has agreed to increase the new aircraft orders to 250 aircraft, making flynas the largest low-cost carrier in the Middle East and North Africa region and enhancing its capabilities to contribute to achieving the goals of the Civil Aviation Strategy.

As the most advanced and most fuel-efficient single-aisle aircraft in the world, A320neo gives a push to flynas’ performance in the field of sustainability and environmental protection. Meanwhile, the latest A330 is the fourth wide-body aircraft of its kind in the flynas fleet, reinforcing its medium and long-haul destinations.

Source: flynas Press Release
Photo Credit: flynas (shown as meta image)

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Global Aircraft Manufacturer, Boeing, Secures 34 Orders in April

Boeing secured 34 aircraft orders in April, 17 of which are B787s, 16 737 MAXs, and 1 777 freighter. Luxembourg’s Luxair placed 2 narrow-body 737 MAX. Singaporean BOC Aviation placed 3 orders for the same type of aircraft while others were undisclosed customers.

Source: Boeing
Photo Credit: Boeing (shown as meta image)

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Airbus Announces Commercial Aircraft Orders and Deliveries for the Month of April 2023

Airbus, in April 2023, delivered 54 aircraft to 32 customers, majority of which are A321neo and A320neo accounting to 24 and 17, respectively. The French aircraft manufacturer also secured 5 orders for the same month. Year to date Airbus has delivered 181 aircraft to 54 customers.

AFM Team Note – kindly contact us for a detailed excel breakdown of orders and deliveries by airline.

Source: Airbus
Photo Credit: Airbus (shown as meta image)

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South East Asian Flag Carrier, Philippine Airlines, Signs MoU for 9 Airbus A350 Widebody Aircraft

Philippine Airlines (PAL) has signed a Memorandum of Understanding (MoU) with Airbus for the purchase of nine A350-1000s. Under the Philippine carrier’s Ultra Long Haul Fleet project, the A350-1000 will be operated on non-stop services from Manila to North America, including to the East Coast of the US and Canada.

The new aircraft will join two A350-900s already in service at the airline and currently flying to destinations in North America, Asia and Australia. As with the A350-900, the PAL A350-1000s will be configured in a premium layout with separate Business Class, Premium Economy and Economy Class cabins.

Captain Stanley K. Ng, President and Chief Operating Officer of Philippine Airlines, said that the range of the A350-1000 would enable the airline to fly non-stop transpacific and transpolar routes in both directions all year. These will include some of the longest commercial flights in the world, such as those linking the Philippines with New York and Toronto. With an expanded A350 fleet, PAL will have the ability to once again provide a direct link from the Philippines to Europe.

“The A350-1000 combines greater range capability with the higher capacity we need to serve future demand. It’s the perfect aircraft to enable PAL to meet its expansion plans in a sustainable way, while offering passengers the highest levels of onboard comfort. We are committed to offering our passengers the best possible travel experience, and these state-of-the-art aircraft will enable us to do just that as we carry out our mission to connect the world, and grow trade and tourism.”

Christian Scherer, Airbus Chief Commercial Officer, said: “Flying passengers farther and in greater comfort, the A350 brings a step-change in fuel efficiency and an immediate significant contribution to reduced emissions. These are the attributes that have made the A350 the choice of leading airlines worldwide. We look forward to working closely with our long-standing customer Philippine Airlines as it moves forward with its long haul fleet modernisation programme.”

The A350 is the world’s most modern and efficient widebody aircraft and has set new standards for intercontinental travel. It offers the longest range capability of any commercial airliner in production today and is capable of flying 8,700 nautical miles or 16,100 kilometres non-stop.

At the end of April 2023, the A350 Family had won 928 firm orders from 54 customers worldwide, making it one of the most successful wide-body aircraft ever. Some 530 aircraft are currently in the fleets of 40 airlines, flying primarily on long haul routes.

Philippine Airlines operates various Airbus types on its full service network. In addition to the A350 on long-haul intercontinental routes, PAL flies A330-300s on services to the Middle East, Australia and various points in Asia. The Philippine flag carrier also operates a fleet of A320 and A321 single aisle aircraft on its extensive domestic and regional network out of hubs in Manila and Cebu.

Source: Airbus
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