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 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 A320neo Family airplanes. Read more-->

Boeing and 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 , which officially began operations this week. Read more-->

Estonian Air to increase frequency of Tallinn-St. Petersburg flights. Read more-->

Finnair and sign a . Read more-->

UTair Aviation-affiliate -Finance issues bonds totalling 1.5 billion roubles. Read more-->

Royal Jordanian received a third 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 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 , 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 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- 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 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 -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 and an A320 and a Boeing 737 for the Zhuhai Flight Training Centre. Read more

Volga-Dnepr Airlines delivered a flight simulator for training 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-->