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Airlines, Commercial Aviation & Maintenance
 
CDB AVIATION CONFIRMS ORDER FOR 90 A320NEO FAMILY AIRCRAFT
Wednesday, November 15, 2017
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A321neo

Source: Airbus


A321neo

Source: Airbus


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DUBAI - CDB Aviation Lease Finance DAC, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Company, has confirmed an order for 90 Airbus A320neo family aircraft. The lessor's orders include 32 A321neo and 58 A320neo aircraft.

The agreement was reached in two steps. An original purchase agreement was signed in 2014 for 45 A320neo family aircraft, which at the time was undisclosed. In addition, a June 2017 Memorandum of Understanding for an additional 30 A320neos and 15 A321neos has now been firmed up.

"By confirming today's order for 90 A320neos, we have doubled our overall order position for the aircraft family. CDB Aviation is now well-positioned with a leading order book for the latest technology narrowbody aircraft to realize our aggressive fleet growth plan and further strengthen our ability to serve airline customers around the world with narrowbody fleet requirements," said CDB Aviation President and Chief Executive Officer Peter Chang. "Our business model is grounded in our unmatched access to competitive funding, our industry-leading global team, and the large order book associated with strong strategic OEM partnerships."

"The order from CDB Aviation is another true endorsement from the lessor community for the A320neo family," said John Leahy, Airbus Commercial Aircraft Chief Operating Officer - Customers. "This latest order demonstrates its continued confidence in our product for its airline customers and recognizes the A320neo as a sound financial asset in its portfolio."

Source:  CDB Aviation Lease Finance DAC
Source Date: November 15, 2017
Posted: 11/16/2017

 
 
BOEING AND FLYDUBAI SIGN DEAL FOR 225 737 MAX AIRPLANES
Thursday, November 16, 2017
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Source: Boeing


Source: Boeing


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DUBAI - Boeing and flydubai have signed a agreement covering 225 737 MAX airplanes with a list price value of $27 billion. Signed at the 2017 Dubai Airshow in flydubai's hometown, the agreement includes a commitment for 175 MAX airplanes, and purchase rights for 50 additional MAXs.

More than 50 of the first 175 airplanes will be 737 MAX 10s, the newest and largest member of the 737 MAX family. flydubai said the balance of the initial airplane order will be made up of the popular MAX 8 and MAX 9, giving the carrier a family of airplanes with high commonality and low operating costs.

This new deal surpasses the flydubai's previous record order of 75 MAXs and 11 Next-Generation 737-800s which was signed at the 2013 Dubai Airshow.

"We welcome the continuation of our long partnership with Boeing. Their airplanes have provided a foundation for the success of our business model, providing us with the operational flexibility and range to build a network of 95 destinations in 44 countries," said flydubai Chairman His Highness Sheikh Ahmed bin Saeed Al Maktoum. To date, flydubai has taken delivery of 63 737-800s and three 737 MAX 8 airplanes.

The 737 MAX is the fastest-selling airplane in Boeing history, having surpassed 4,000 total orders from 92 customers. The MAX family incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

Source:  Boeing
Source Date: November 16, 2017
Posted: 11/16/2017

 
 
INDIGO PARTNERS DOUBLES EXISTING A320NEO FAMILY ORDER WITH COMMITMENT FOR ADDITIONAL 430 AIRCRAFT
Wednesday, November 15, 2017
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Source: Airbus


Source: Airbus


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DUBAI - Airbus and Indigo Partners’ four portfolio airlines have signed a memorandum of understanding for the purchase by the four airlines of 430 additional A320neo Family aircraft. The aircraft will be allocated among the ultra low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary) upon the completion of final purchase agreements between Airbus and the four airlines.

The 430-aircraft commitment, comprised of 273 A320neos and 157 A321neos worth $49.5 billion at list prices, was announced at the Dubai Airshow by Bill Franke, Managing Partner of Indigo Partners, and John Leahy, Airbus Chief Operating Officer Customers, Airbus Commercial Aircraft. When added to existing Airbus A320 Family orders, the new agreement will make Indigo Partners one of the largest customers by order number in the world for the Airbus single-aisle aircraft family. Airlines in the Indigo Partners family previously have placed orders for 427 A320 Family aircraft.

"This significant commitment for 430 additional aircraft underscores our optimistic view of the growth potential of our family of low-cost airlines, as well as our confidence in the A320neo Family as a platform for that growth," said Bill Franke. "Our airlines know that a great aircraft coupled with a great business plan will create value for our customers. We look forward to bringing comfort and low fares to more passengers around the world as Wizz Air, Volaris, JetSMART and Frontier continue to expand."

Also present at the announcement were Enrique Beltranena, CEO of Volaris; Barry Biffle, CEO of Frontier Airlines; Estuardo Ortiz, CEO of JetSMART; and József Váradi, CEO of Wizz Air. They confirmed their firm’s individual aircraft orders as follows:

-- Wizz - 72 A320neo, 74 A321neo -- Frontier - 100 A320neo, 34 A321neo

-- JetSMART - 56 A320neo, 14 A321neo

-- Volaris - 46 A320neo, 34 A321neo

Indigo Partners’ Bill Franke indicated that engine selections will be made and announced at a later date.

Indigo Partners LLC, based in Phoenix, Arizona, is a private equity fund focused on worldwide investments in air transportation.

Source:  Airbus
Associated URL: airbus.com
Source Date: November 15, 2017
Posted: 11/16/2017

 

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