AirAsia, a Malaysian low-cost airline, signed a $23 billion deal with CFM International to purchase 200 LEAP-1A engines, which is one of the top deals of this year. Other prominent investments by Airbus, IAG, CDB Aviation, Embraer, SkyWest and Flexjet are mentioned below:
Airbus and Green Africa signed a MoU for 50 A220s
Airbus has announced that Nigeria based airline Green Africa Airways, has signed a Memorandum of Understanding for 50 – A220-300 aircraft. This is one of the largest orders for the A220 programme globally and the largest ever from the African continent. The A220 from Airbus, is an aircraft purpose-built for the 100-150 seat market. The A220 has unbeatable fuel efficiency and widebody passenger comfort in a single-aisle aircraft. It also brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines. Read More
AirAsia and CFM International signs $23 billion engines deal
AirAsia signed an agreement with CFM International, for the purchase of 200 LEAP-1A engines to power the 100 Airbus A321neo in a $23 billion deal. AirAsia also expanded its 20-year Rate-Per-Flight-Hour (RPFH) agreement, with CFM, as it supports flexible aftermarket offerings. As per agreement, CFM Services guarantees maintenance costs for the AirAsia’s LEAP-1A engines on a dollar per engine flight hour basis. AirAsia has been a CFM customer for almost 20 years. AirAsia at present operates about 39 of the new fuel-efficient airplanes, in addition to 191 CFM56-5B-powered A320ceos. The airline is the single largest Airbus A320 operator in the world. Read More
IAG plans to buy 200 Boeing 737 MAX Airplane
International Airlines Group (IAG), one of the world’s largest airline group announced that it plans to buy 200 Boeing 737 MAX Airplanes. As per letter of intent the deal is valued at approximately $24 billion, per list prices. IAG is the parent company of Aer Lingus, Iberia, British Airways, Vueling and LEVEL that fly approximately 113 million passengers a year collectively. The group has been a long-time operator of Boeing twin-aisle airplanes. In the single-aisle segment, IAG and its affiliates used to operate Classic 737 aircraft. The group’s fleet is almost exclusively Airbus A320 family aircraft. Read More
CDB Aviation places $1.3bn CFM’s LEAP-1A order
China Development Bank Financial Leasing Co., Limited (CDB Leasing) announced that its wholly owned Irish subsidiary CDB Aviation placed an order for CFM International’s LEAP-1A engines to power 45 Airbus A320neo aircraft. The deal is valued at approximately US$1.3 billion at list price. This is CDB Aviation’s second LEAP-1A engine order. The company had placed its first order in 2016, to power 100 percent of its first batch of A320neo aircraft. The LEAP-1A engine is a 15% fuel efficient than others and minimise the CO2 emissions, along with dramatic reductions in engine noise and exhaust gaseous emissions. Read More
Embraer sign contract for seven E175 Jets worth $340mn with the SkyWest
A global aerospace company, Embraer has signed a contract with SkyWest, Inc. for seven E175 jets in a 70-seat configuration. SkyWest operates the aircraft for Delta. The Embraer order has a value of $340 million. Embraer is the world’s leading manufacturer of commercial aircraft up to 150 seats with more than 100 customers around the world. SkyWest, Inc. is the premier regional airline company. Utah based SkyWest has a long history with Embraer.
Embraer in other transaction signed a $1.4 billion purchase agreement with global leader in private jet travel Flexjet. The deal included a fleet of Embraer business jets: Praetor jets and the Phenom 300. With this purchase agreement, Flexjet becomes Embraer’s Praetor Fleet Launch Customer.
Dassault Aviation expands in France with new Pyrotechnics facility
Global aircraft manufacturer Dassault Aviation inaugurated its new pyrotechnic facilities at its Martignas-sur-Jalle site, in France. Space launch vehicle uses Pyrotechnics for engine ignition and stage and payload fairing separation. Pyrotechnics also contributes in the safety of fighter pilots.
Dassault Aviation is a world leader in Pyrotechnics technology for all the combat aircraft. Dassault Aviation has two other pyrotechnic bases in Argenteuil and Poitiers. Both will relocate to the new Martignas facility. The new 2,500 sq m Martignas facility is tripod-shaped building in which each wing is dedicated to a specific function: production of long products (cutting cords, expansible tubes and transmission lines) in the first; manufacture of pyromechanisms in the second; and design study activities and test laboratories in the third. Dassault Aviation is a world leader in design, development, sale and support of all types of aircraft, ranging from the Rafale fighter, to the high-end Falcon family of business jets, military drones and space systems.