24 Jun 2019

North America Newsletter 24 June

American Airlines agrees to order 50 Airbus A321XLRs American Airlines will acquire 50 Airbus A321XLR aircraft. The purchase agreement includes the conversion of 30 of American’s existing A321neo slots to A321XLRs and incremental orders for an additional 20 A321XLRs. American is the largest Airbus operator in the world with 422 Airbus aircraft. Aventure Acquires Boeing 757-200 Aircraft equipped with RB-211 Engines Aventure Aviation has acquired for teardown a complete Boeing 757-200, MSN 23850. The dismantling of the airframe will commence next week in Kathmandu, while the engines will be relocated to Atlanta within the next month. Delta equity investment deepens ties to joint venture partner Korean Air Delta has acquired a 4.3% equity stake in Hanjin-KAL, the largest shareholder of Korean Air. The investment demonstrates Delta’s commitment to the success of its joint venture with Korean Air and the customer benefits, market positioning and growth opportunities the partnership enables. Delta intends to increase its equity stake to 10% over time, after receiving regulatory approval. First Large Aircraft Components for Airbus A220 Production Arrive in Mobile Airbus A220 aircraft production is one step closer to reality as the first large aircraft components for the first aircraft have been delivered to the Airbus U.S. Manufacturing Facility. The first of the major component assemblies (MCAs), consisting of the aft fuselage and cockpit, arrived by truck at the Airbus’ U.S. Manufacturing Facility at the Mobile Aeroplex at Brookley. GE Aviation and Lufthansa Technik sign 777X MRO Cooperation Agreement GE Aviation and Lufthansa Technik AG enlarge their collaboration on Boeing 777X MRO services. The companies have signed a maintenance, repair and overhaul (MRO) agreement under which Lufthansa Technik will be GE's authorized service provider for the backup generator/converter (BUG and BUC) and for certain Electrical Load Management Systems (ELMS) components on the new Boeing 777X aircraft. This long-term cooperation will cover the maintenance service offerings, warranty support and 24/7 asset exchange/loan services to worldwide 777X operators. GE Aviation Sets $55 Billion Order Record at the Paris Air Show GE Aviation and its joint venture company CFM International, a 50/50 joint company between GE and Safran Aircraft Engines, announced a record setting $55 billion in jet engines, services, avionics and digital offerings at the Paris Air Show. Indigo Partners to add 50 A321XLRs to its airline fleets Indigo Partners and three of its airlines will acquire 50 of the new Airbus A321XLR long-range, single-aisle jetliners. The Memorandum of Understanding includes new orders for 32 A321XLRs and the conversion of 18 existing A320neo family orders. Twenty of the A321XLRs will be allocated to Wizz Air, 18 to Frontier, and 12 to JetSMART. Inuit-led merger of First Air and Canadian North airlines receives regulatory approval Makivik Corporation (Makivik) and the Inuvialuit Corporate Group (ICG) announced 19 June they have received all regulatory approvals to merge First Air and Canadian North in order to provide the best possible air services across the Arctic. The new, Pan-Arctic airline will operate under the name “Canadian North” and aircraft will use the First Air livery, featuring its Inukshuk logo. Headquarters for the merged airline will be located in Ottawa. JetBlue Orders 13 Airbus A321XLR Aircraft to Support Its Focus City Strategy with Transatlantic Flying JetBlue announced 20 June it is converting 13 aircraft in its existing Airbus A321neo order book to the XLR version for delivery scheduled to begin in 2023. The aircraft will support JetBlue’s focus city strategy by allowing the airline to implement further expansion to additional European destinations from Boston and New York, while also providing added fuel efficiency. The airline also announced it is exercising its option to add 10 additional A220-300 aircraft to its order with delivery beginning in 2025. Turkmenistan Airlines Intends to Order One Boeing 777-200LR Boeing and Turkmenistan Airlines announced 19 June the airline's plan to extend its long-haul operations by adding a fourth 777-200LR (Long Range) airplane to its fleet. The commitment, valued at $346.9 million at list price, will be reflected on Boeing's Orders and Deliveries website once it is finalized. Acumen Aviation © 24 June 2019 All Rights Reserved.