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Korean Air has officially joined the Airbus A350 Family, finalizing a firm order for 33 A350 aircraft. The deal comprises 27 of the larger A350-1000 models along with six A350-900s, marking a substantial endorsement of the A350’s capabilities in long-range operations. The Airbus A350, renowned for its unmatched range, will allow Korean Air to maintain [...]
In the first quarter of 2024, Airbus achieved a significant milestone by delivering around 145 aircraft, underscoring its commitment to increasing production rates and reaching its ambitious target of 800 jet handovers for the year. The European planemaker delivered about 65 jets to airlines in March 2024, an increase from the 49 shipped in February [...]
Airbus is contemplating the purchase of certain Spirit AeroSystems assets, as revealed by the aerospace giant's Chief Financial Officer. This strategic consideration emerges in the context of Boeing's potential acquisition of the aircraft parts manufacturer, sparking interest in the aviation industry. Earlier this month, Boeing and Spirit AeroSystems confirmed ongoing preliminary discussions about a possible [...]
The aviation sector is experiencing a pivotal shift as the longstanding hegemony of Boeing and Airbus faces new trials. Emerging safety issues and the advent of fresh competition are reshaping the landscape, casting a spotlight on Boeing's manufacturing and safety protocols. Heightened scrutiny follows a series of incidents that have not only put passenger safety [...]
Emirates airline has ingeniously circumvented Western sanctions on Russia by flying a significantly damaged Airbus A380 back to Dubai. The aircraft encountered an unusual accident at Moscow Domodedovo Airport last Wednesday Mar. 27, where it was hit by a service truck, causing substantial damage to its undercarriage just before a scheduled flight to Dubai. Despite [...]
In a recent interview with Boersen-Zeitung, Airbus's Chief Financial Officer Thomas Toepfer highlighted the significance of maintaining a stable relationship with Spirit AeroSystems, a key supplier, amidst ongoing discussions about a potential acquisition by Boeing. This strategic partnership is crucial for Airbus as Boeing considers strategies for the integration or restructuring of Spirit's operations, especially [...]
India's leading low-cost carrier, IndiGo Airlines, is reportedly exploring the acquisition of up to thirty Airbus A350 aircraft, signaling a potential strategic shift towards widebody operations. Currently, IndiGo's fleet does not include any widebody aircraft, with the airline temporarily augmenting its capacity with two B777-300ERs wet-leased from Turkish Airlines. While IndiGo Airlines has not provided [...]
Biman Bangladesh Airlines is in the process of scrutinizing widebody aircraft offers from two leading manufacturers, Airbus and Boeing, with the formation of a dedicated 16-member technical committee. This strategic move aims to thoroughly assess the proposals for the acquisition of new aircraft to expand its fleet, as reported by The Dhaka Tribune. The committee, [...]
Japan Airlines has embarked on a transformative journey by placing an ambitious order for 42 aircraft from industry giants Airbus and Boeing, marking one of its most significant investments in fleet expansion and modernization. This strategic move is part of the airline's comprehensive long-term plan to rejuvenate its fleet, underscoring its commitment to sustainability, passenger [...]
Korean Air Lines, traditionally reliant on Boeing for its aircraft supply, has made a significant pivot by securing a deal with Airbus for 33 A350 wide-body jets, valued at $14 billion. This strategic move is aimed at enhancing the airline's fleet efficiency as it gears up for a merger with Asiana Airlines. In this ambitious [...]
