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Thursday, 16 November 2017

Airbus Updates No.1706

Dubai Air Show: Air Senegal Orders Two A330neos

Dubai Air Show: Air Senegal Orders Two A330neos
November 16
DUBAI – Air Senegal and Airbus have signed a deal for two Airbus A330neos at the Dubai Air Show. This Memorandum of Understanding (MoU) will make the carrier the first African airline to use the new-engined aircraft type.
The agreement was announced during a signing ceremony at the Dubai Airshow in the presence of Maimouna Ndoye Seck, Minister of Air Transport and Development of Airport Infrastructure, Senegal. Air Senegal is to launch in 2018 properly.
Philippe Bohn, CEO Air Sénégal said, “Aviation is a catalyst for economic development and this purchase demonstrates Senegal’s ambitions for economic growth in line with the country’s strategy to accelerate progress towards emergence (Plan Emerging Senegal). The A330neo has proven itself to be the right aircraft, combining low operating costs, long range flying capability and high levels of comfort. We are looking forward to launching operations and offer our customers best-in-class service.”
‘’We are very pleased to welcome Air Sénégal among our A330neo customers. The A330neo offers the latest in fuel saving technologies combined with best-in-class comfort, reliability, and operational efficiency. The A330 is the ideal choice for Air Sénégal to build its network and become West Africa’s fastest growing airline,’’ said John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft.
The A330neo is going to be useful to Air Senegal for the boosting of medium-long-haul operations within Africa as a whole. This is a market that still requires active competition within the domestic market as such.
Internationally, this base is covered with airlines operating Kenya, South Africa and many more popular African destinations of interest.
With Air Senegal also launching operations, they will be able to streamline their costs from day one due to the efficiency savings that the A330neo will generate for the airline.
These efficiency savings are generated by the Trent 7000 engines from Rolls Royce as well as the new Wingtip design that is on the A330neo.
In terms of operations for the carrier, Air Senegal will see their long-haul expanding to as far as Paris, Milan, and Brussels, which will cover the bases for mainland Europe to start with.
They will have a series of domestic routes around mainland Africa, with Johannesburg being the further southern destination of their portfolio.

Wednesday, 15 November 2017

Airbus Updates No.1705

Dubai Air Show: AerCap Books 15 Airbus A320NEO for EgyptAir

Dubai Air Show: AerCap Books Six Boeing 787-9, 15 Airbus A320NEO for EgypAir
November 15
DUBAI — EgyptAir and leasing company, AerCap, signed two individual deals for the lease of six Boeing 787-9 Dreamliners as well as 15 Airbus A320neo aircraft. These planes were previously in AerCap’s order book.
AerCap is the world’s largest operator of the Boeing 787 Dreamliner aircraft with 116 either in their ownership or on order. It is also the largest lessor of the A320neo, holding over 220 of the aircraft type.
This agreement comes in after the Egyptian carrier signed a letter of intent for 12 Bombardier CSeries CS300s, with an option for an additional 12 yesterday at the Dubai Air Show.
Aengus Kelly, AerCap CEO said that his company is “extremely proud to have been selected by EgyptAir to support their widebody fleet renewal program.”
“EgyptAir has been in business for 85 years, and these transactions represent an important milestone in the future development of the airline,” he noted.
The Egyptian carrier’s CEO and Chairman, Safwat Musallam, said he is “glad to celebrate this new cooperation with AerCap, to be a part of our fleet renewal strategy.”
“We will continue to invest in the most advanced aircraft to give our customers the best possible travel experience,” added Musallam.
It is unclear how long the lease agreement will last for, but it shows that EgyptAir is trying to expand their network on the more long-haul perspective.
The Boeing 787-9 aircraft will go hand-in-hand with the 777s they currently operate. The new airliners will provide more range at more efficient levels of performance potentially looking into the Asian and Pacific markets respectively for ‘long-thin’ routes that the 777s wouldn’t be able to operate profitably.
Hand-in-hand, EgyptAir is trying to position themselves on the regional, long-haul market against those growing African and Middle Eastern carriers.
FlyDubai, an excellent example, has just placed large orders for the Boeing 737 MAX and might be venturing into EgyptAir’s territory. On the long-haul front, Emirates announced a blockbuster order for Boeing 787-10 Dreamliners, looking to boost their global outreach further.
It will be amusing to see how EgyptAir manages to adapt its business model as these new aircraft join the fleet. No details were shared concerning cabin configuration and hard product modifications.
Concerning the airline industry in North Africa, Egypt has experienced lower demand following some terrorist attacks, especially in the aviation industry with the crash of Metrojet Flight 9268.
By adding these new aircraft to their portfolio, they could market their operations to a point where it can encourage further tourism into the Egyptian economy and stimulate it that way.
Overall, this order shows the commitment to EgyptAir’s rejuvenation of the Egyptian tourist market. The airline would be taking a gamble in trying to do this but in turn would be a good gamble if it works.

Airbus Updates No.1704

Dubai Air Show: CDB Aviation Confirms Order for 90 A320neo Family Aircraft

Dubai Air Show: CDB Aviation Confirms Order for 90 A320neo Family Aircraft
November 15
DUBAI — Leasing company CDB Aviation has confirmed a deal with Airbus for 90 A320neo family aircraft. Airbus clarified that this agreement stemmed from an original 2014 deal for 45 of the family aircraft and then another 45 aircraft at the Paris Air Show earlier this year.
In total, CDB Aviation will be taking 75 A320neo and 15 A321neo aircraft respectively.
“By confirming today’s order for 90 A320neos, we have doubled our overall order position for the aircraft family,” said CDB Aviation’s President and CEO, Peter Chang.
This order is Airbus’ second biggest of the week, which reaffirms further growth for the A320neo family program. Airbus has been playing it strong at the Dubai Air Show with its A320neo family, selling over 500 units alone across five to six different customers.
In turn, the 737 MAX has only sold around 245 units this week, which is less than half of what Airbus has sold on their end.
CDB Aviation has been playing strong lately. On November 9, it concluded an order for 42 Boeing 737 MAX 8s, 10 Boeing 737 MAX 10s and eight Boeing 787-9 Dreamliners.
At the 2017 Paris Air Show, the Boeing order was stated as a Memorandum of Understanding (MOU), with a value of $7.4 billion at current list prices. Also, it features a reformation of six 737 MAX 8 orders, to the 737 MAX 10.
However, today’s confirmation of 90 Airbus A320neo aircraft for the leasing company puts Airbus ahead of Boeing in terms of unit sales at the Dubai Air Show.
“The order from CDB Aviation is another true endorsement from the lessor community for the A320neo Family,” said Airbus Commercial Aircraft Chief Operating Officer- Customers, John Leahy. “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.”
As of October 2017, the A320 program has an order count of 13,308 units from 300 different customers, whereas the Boeing 737 program has only sold 9,442 units. This shows that Airbus currently owns the larger portion of the pie in this market.
The A320neo Family incorporates the very latest technologies including new generation engines and Sharklets, which together deliver at least 15% fuel savings at delivery and 20% by 2020, according to the manufacturer.
CDB Aviation’s A320neos will be run by CFM’s engines, which will provide this cost saving that Indigo Partners are looking for across their conglomerate.
Overall, it is yet again another boost for the A320neo program and will definitely be one of much more to come looking into the next year with the likes of Farnborough on the way.