25 Jun 2018

USA Aviation Industry Newsletter 25 June

Air Lease Corporation Announces Lease Placement of Two Airbus A320-200neo Aircraft with SAS Air Lease Corporation announced long-term lease agreements with SAS for two new CFM LEAP-1A26-powered Airbus A320-200neo aircraft scheduled for delivery in November 2019 and April 2020. Allegiant Plans Aircraft Base in Tennessee, New Jobs and Future Growth State and local officials joined executives from Allegiant Travel Company as the company announced plans to establish a two-aircraft base at McGhee Tyson Airport in Knoxville, Tennessee. The Las Vegas-based company is investing more than $50 million to establish its new base of operations, which will house two Airbus aircraft. The company, which focuses on linking travelers in small-to-medium cities to world-class leisure destinations, plans to begin its base operations at McGhee Tyson Airport in October 2018. Boeing, FedEx Express Announce Order for 24 Medium and Large Freighters Boeing and FedEx Express announced a new order for 12 767 Freighters and 12 777 Freighters as the world's largest air cargo carrier continues to invest in the industry's most capable freighters to better serve its customers. The new airplanes, valued at $6.6 billion at list prices, will appear on Boeing's Orders and Deliveries webpage once contingencies have been met. Brussels Airlines introduces new Economy Light fare on North American routes Brussels Airlines offers its guests a so-called Economy Light fare option on North American routes. The new offer is the cheapest choice for price-conscious passengers who are travelling with hand luggage only and do not require ticket flexibility. Dirk Janzen, VP Pricing & Revenue Management, Distribution and Commercial Steering: "The new Economy Light Fare is a further development of our efforts to offer individualized solutions to cater to the needs of our different types of guests. It is a logical step after having introduced a similar hand luggage-only fare on our European routes in 2014. From now on, guests on our North American destinations will be able to only pay for the product they actually use." Delta Air Lines Becomes Launch Operator of ATMOSPHÈRE Cabin with New Order for 20 Bombardier CRJ900 Bombardier Commercial Aircraft announced that Delta Air Lines, Inc. of Atlanta, Georgia (Delta Air Lines) has signed a firm purchase agreement for 20 CRJ900 aircraft – becoming the launch operator of the new ATMOSPHÈRE cabin for CRJ Series regional jets. Based on the list price for the CRJ900 aircraft, the firm order is valued at approximately US$961 million. Expanded Delta-GOL codeshare connects Florida to Brasilia and Fortaleza Delta Air Lines and GOL Linhas Aéreas Inteligentes SA announced four daily non-stop codeshare flights connecting Miami and Orlando with Fortaleza and Brasilia. "This is the most significant expansion we have done with GOL since last year, when we announced international codeshare in South America, and it is the next step as we grow our alliance partnership," said Luciano Macagno, Delta's Managing Director - Latin America and the Caribbean. "Codesharing on these flights shows our commitment to Brazil and to Florida and our desire to offer our customers more access between Northern Brazil and the U.S." Norwegian announces new route to Tampa for Winter 2018 Norwegian announced that from 31st October 2018 the airline will launch a new twice-weekly service from London Gatwick to Tampa using Boeing 787s. Thomas Ramdahl, Chief Commercial Officer at Norwegian said: “Norwegian continues to offer customers increased choice, flexibility and value throughout winter 2018 and we are pleased to welcome Tampa, Florida, as a new destination to our network. Our modern fleet of aircraft allow customers, whether travelling for work or leisure, to enjoy their trip from the moment they step on board thanks to our award-winning state of the art entertainment system, comfortable and spacious cabin and friendly cabin crew.” Wings Capital Partners LLC Announces the Closing of a $500 Million Secured Loan Facility Wings Capital Partners LLC announced 22 June the closing of a $500 million secured loan facility with a syndicate of six major international banks. The five-year loan facility contains a two-year acquisition period and can be upsized to $750 million. The facility will be used to acquire a portfolio of predominantly narrow-body commercial jet aircraft. Acumen Aviation © 24 June All Rights Reserved.