Written by Seth Miller @ Wandering Aramean
Norwegian agreed to lease a pair of Boeing 737 MAX 8 aircraft, bringing the type back into service at the carrier. The two planes will join the carrier’s operations “shortly” with a focus on meeting the Summer 2022 goal of serving approximately 270 rou…
Category: Leasing
Norwegian brings back the MAX 8, with a twist
Written by Seth Miller @ PaxEx.Aero
Norwegian agreed to lease a pair of Boeing 737 MAX 8 aircraft, bringing the type back into service at the carrier. The two planes will join the carrier’s operations “shortly” with a focus on meeting the Summer 2022 goal of serving approximately 270 rou…
Some details on Connect Airlines’ operating costs
Written by Seth Miller @ Wandering Aramean
Looking to lease a couple Q400s to launch an airline? The going rate appears to be $50k/month, according to recent DOT filings made by Connect Airlines.
The post Some details on Connect Airlines’ operating costs appeared first on Wandering Aramean.
Some details on Connect Airlines’ operating costs
Written by Seth Miller @ PaxEx.Aero
Looking to lease a couple Q400s to launch an airline? The going rate appears to be $50k/month, according to recent DOT filings made by Connect Airlines.
The post Some details on Connect Airlines’ operating costs appeared first on PaxEx.Aero.
Breeze banks $200 million to fuel growth
Written by Seth Miller @ Wandering Aramean
Breeze Airways secured an additional $200 million in funding, providing the carrier with a sizable bankroll to support upcoming expansion. The deal involves new and existing investors and gives the company the most capital for any of this year’s startu…
Breeze banks $200 million to fuel growth
Written by Seth Miller @ PaxEx.Aero
Breeze Airways secured an additional $200 million in funding, providing the carrier with a sizable bankroll to support upcoming expansion. The deal involves new and existing investors and gives the company the most capital for any of this year’s startu…
LATAM scraps A350 fleet
Written by Seth Miller @ PaxEx.Aero
LATAM never could really figure out what to do with its fleet of A350s. And now the fleet is no more. The company plans to remove the A350 from its Brazilian operations effective immediately.
The post LATAM scraps A350 fleet appeared first on PaxEx.Aero.
Norse Atlantic snags former Norwegian planes for launch
Written by Seth Miller @ Wandering Aramean
Picking up some of Norwegian’s old 787s was always part of the plan for Norse Atlantic’s launch later this year. Picking up its troubled history gaining access to the US market, however, is less useful.
The post Norse Atlantic snags former Norwegian pl…
Norse Atlantic snags former Norwegian planes for launch
Written by Seth Miller @ PaxEx.Aero
Picking up some of Norwegian’s old 787s was always part of the plan for Norse Atlantic’s launch later this year. Picking up its troubled history gaining access to the US market, however, is less useful.
The post Norse Atlantic snags former Norwegian pl…
Norwegian abandons long-haul operations, refocuses on 737 routes in Europe
Written by Seth Miller @ Wandering Aramean
Chalk up another major long-haul LCC failure. Norwegian will abandon its fleet of 37 787 Dreamliners, refocusing on the short-haul European market served with single-aisle aircraft.
The post Norwegian abandons long-haul operations, refocuses on 737 rou…
Norwegian abandons long-haul operations, refocuses on 737 routes in Europe
Written by Seth Miller @ PaxEx.Aero
Chalk up another major long-haul LCC failure. Norwegian will abandon its fleet of 37 787 Dreamliners, refocusing on the short-haul European market served with single-aisle aircraft.
The post Norwegian abandons long-haul operations, refocuses on 737 rou…
A fleet of salvage-priced planes
Written by Seth Miller @ Wandering Aramean
Does it matter that airlines are flying planes worth more in the scrap yard than they are to a new owner? Probably not, but United’s latest effort to secure a $3bn loan is an interesting insight into the world of aircraft valuation considerations.
The …
A fleet of salvage-priced planes
Written by Seth Miller @ PaxEx.Aero
Does it matter that airlines are flying planes worth more in the scrap yard than they are to a new owner? Probably not, but United’s latest effort to secure a $3bn loan is an interesting insight into the world of aircraft valuation considerations.
The …
LATAM seeks US bankruptcy protection, plans to continue operations
Written by Seth Miller @ Wandering Aramean
South America’s LATAM Airlines Group filed for Chapter 11 bankruptcy reorganization in the US courts on Tuesday morning, seeking to restructure debt while continuing regular operations. Or, at least, operations as close to regular as possible given the…
LATAM seeks US bankruptcy protection, plans to continue operations
Written by Seth Miller @ PaxEx.Aero
South America’s LATAM Airlines Group filed for Chapter 11 bankruptcy reorganization in the US courts on Tuesday morning, seeking to restructure debt while continuing regular operations. Or, at least, operations as close to regular as possible given the…
Norwegian scores a funding boost from China
Written by Seth Miller @ Wandering Aramean
A $1.5bn infusion from China breathes new life into Norwegian’s finances. The cash will help the carrier finance 27 A320neo aircraft due for delivery over the next four years.
The post Norwegian scores a funding boost from China appeared first on Wand…
Norwegian scores a funding boost from China
Written by Seth Miller @ PaxEx.Aero
Norwegian found $1.5bn to help cover short-term aircraft costs thanks to a Chinese partner. The deal dramatically reduces CapEx for the next four years, an important win as the company seeks to shore up its books.
The post Norwegian scores a funding bo…
AirplaneGeeks 400 That’s a Lot of Episodes
Written by maxflight @ Airplane Geeks Podcast
John Croft, Senior Editor at Aviation Week & Space Technology joins us for our 400th episode. We discuss Safety Management Systems (SMS), the IATA 2015 Safety Report, challenges for a safety culture that embraces self-reporting, and flight simulator changes that include models for high-altitude, high-angle of attack regimes. In the news, we discuss airline profits […]