Aircraft lessors and financiers are jittery about rising production rates at Airbus and Boeing, worrying that the market could be flooded with an oversupply of jets that would dilute the value of their fleets and push down lease prices. In a poll of attendees at the International Society of Transport Aircraft Trading conference this week …
United Continental Holdings is contemplating an Airbus A380 order, and while a final deal will take some time, Airbus expects the U.S. airline to adopt the double-decker for its extensive Asian network. Airbus Chief Operating Officer-Customer John Leahy, speaking with Aviation Week yesterday after a market forecast presentation in Washington, asserted that United President and …
MIRAMAR, Fla., Nov. 15, 2011 (GLOBE NEWSWIRE) — Spirit Airlines and Airbus announced today that they have entered into a non-binding memorandum of understanding (MOU) for a significant addition to Spirit’s existing aircraft purchase order with Airbus. The MOU contemplates an order of 75 A320 family aircraft consisting of 30 of the existing aircraft model …
Airbus parent EADS says it is pulling the plug on its four-engine A340 widebody jet. Reuters says the A340 “first flew 20 years ago with a focus on routes like the 18-hour trip from Singapore to New York.” However, Reuters adds Airbus’ decision to push a “four engines are better than two” campaign for the …
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