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AVIATION MARKET OVERVIEW 5 August 2011

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AVIATION MARKET OVERVIEW 5 August 2011 AVIATION MARKET OVERVIEW 5 August 2011 LESSORS The Russian leasing company Ilyushin Finance (IFC) received firm orders for 10 Antonov An-158s. The contract is worth $300 million. Read more--> International Lease Finance Corporation (ILFC) completed agreement to lease to Thai Airways six new B787-8s, two new 787-9s and options for another two new 787-9s. Read more--> Air Lease Corporation delivers its first Embraer 190 to TRIP Linhas Aéreas. Read more--> AIRLINES Lufthansa made a firm order for thirty Airbus A320neo Family airplanes. Read more--> Boeing and Korean Air made public an order for two additional Next-Generation 737- 900ER (extended range) jetliners. Read more--> Korean Air Converts Letter of Intent to Firm Order for Bombardier CSeries Aircraft. Read more--> Air China invested CNY86.8 million ($13.5 million) for a 31% stake in the Lhasa-based startup Tibet Airlines, which officially began operations this week. Read more--> Estonian Air to increase frequency of Tallinn-St. Petersburg flights. Read more--> Finnair and Belavia sign a codeshare agreement. Read more--> UTair Aviation-affiliate UTair-Finance issues bonds totalling 1.5 billion roubles. Read more--> Royal Jordanian received a third Airbus A330 aircraft, replacing two A310 passenger aircraft scheduled for retirement in the near future. Read more--> Polish Airlines LOT published financial results for 1H 2011. Poland’s national carrier decreased its losses by PLN 32 million in comparison with 1H 2010. Read more--> Swiss International Air Lines (Group) reported operating profit of CHF 129 million for 1H 2011. Read more--> Ryanair July Passenger Numbers Up 6 Pct. Read more--> Ryanair reports first quarter net profit of EUR 139 million. Read more--> Deutsche Lufthansa AG posted operating profit of three million euros for 1H 2011, 174 million euros over the previous year. Read more--> Transaero Airlines, Russia’s second-largest airline, published operational results for 1H 2011 including June, showing steady and significant growth rates in key indicators. Read more--> Flydubai doubles fleet with 18th aircraft. Read more--> Airberlin: more passengers and increased capacity utilization in July. Read more--> Singapore Airlines and Virgin Australia launched the first phase in their alliance: an initial interline agreement and reciprocal lounge access to eligible customers. Read more--> Singapore Airlines had an 82% drop in net profits to S$45 million ($37.3 million) compared to S$253 million in the same quarter in 2010. Read more--> Estonian Air passenger number on Tallinn-Moscow route up 59% in seven months. Read more--> IAG confirmed its firm order for eight of Airbus's eco-efficient A330 Family aircraft for its Iberia fleet. Read more--> Air Arabia announces Q2 2011 net profit of AED 51 million. Read more--> AIRCRAFT & ENGINE MANUFACTURERS Airbus is to acquire US-based air traffic management company Metron Aviation in a deal before 2012, pending regulatory approval. Read more--> Boeing (NYSE: BA) announced $941 million 2Q net income, or $1.25 per share, on total revenues of $16.5 billion. Read more--> Embraer reports 2nd quarter net income of $96.4 million. Read more--> Embraer plans to make decision by end of year on strategy to address evolving narrowbody market after Boeing declares plans to re-engine some of its 737 narrowbodied. Read more--> New Boeing 747-8 Freighter Completes Certification Flight Testing. Read more--> GippsAERO Selects Rolls-Royce M250 Engine for New GA10 Aircraft. Read more--> MRO Aircraft technical support and maintenance enterprise FL Technics AB acquired 7 Boeing 737-300s from global low-cost airline AirAsia for disassembling into spare parts and components. Read more--> SR Technics and Virgin Australia have concluded major component maintenance and technical training agreements. Read more Turkish Technic signed an APS3200 APU repair services contract with SKY Airlines. Read more Jet Aviation Zurich now also performs maintenance on Citation CJ4 Aircraft. Read more AVIATION TRAINING & GROUND HANDLING Baltic Aviation Academy UAB (BAA) got a certificate to allow them to conduct Bombardier Dash 8Q-400 training courses. Read more--> The Oxford Aviation Academy has received flight training approval by Singapore's Civil Aviation Authority, becoming the first company outside Singapore to receive such approval. Read more--> CAE won three new contracts for full-flight simulators—an Airbus A320 FFS for Aeroflot and an A320 and a Boeing 737 for the Zhuhai Flight Training Centre. Read more Volga-Dnepr Airlines delivered a flight simulator for training Sukhoi Superjet 100 flight crews to Sukhoi Civil Aircraft Company in Moscow on two cargo planes, an AN-124 and an IL-76TD-90VD, from Châlons-en-Champagne, France. Read more--> AIRPORT Xi’an Xianyang International Airport (China) announced big commercial plans for its new Terminal 3, featuring 88 retail spaces over 11,400 m². The new facility is scheduled to open in March, 2012. Read more--> Vilnius Airport Shows Stable Growth in the Number of Passengers and Aircraft Loading. Read more--> Brussels Airport: 8.6 million passengers in the first half of the year, growth of 12.1%. Read more--> First Half 2011: Fraport Continues to Profit from Worldwide Growth in Air Traffic. Read more--> OTHER ACI releases World Airport Traffic Report 2010. Read more--> Air Transport Association recommends actions to help ensure the viability of alternative jet fuels. Read more--> Airline earnings showing first drop in two years, IATA says. Read more--> .
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