Avia Solutions Group: Aviation Market Overview 2011 08-12


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Avia Solutions Group: Aviation Market Overview 2011 08-12

  1. 1. AVIATION MARKET OVERVIEW 12 August 2011LESSORSCIT Aerospace, part of global leader in transportation finance CIT Group Inc., has signed abuy agreement with Airbus for the 50 A320neo family aircraft it pledged to purchase at theLe Bourget Air Show on June 21, 2011.Read more-->FLY Leasing Limited, a global lessor of modern, fuel-efficient commercial jets, announced itreached agreement to purchase 49 aircraft worth $1.4 billion, increasing the worth of theirtotal number of aircraft under operating lease to over $3 billion.Read more-->International Lease Finance Corporation (ILFC), a subsidiary of American InternationalGroup, Inc., announced signing an agreement with AerCap Holdings N.V. to acquire thelatter’s subsidiary AeroTurbine.Read more-->AIRLINESThe Civil Aviation Safety Authority lifted the flight-ban on Tiger Airways Australia PtyLtd, effective as of August 10, 2011.Read more-->Estonian Air had growth of almost 20% and is among most punctual airlines in world.Read more-->According to figures from the first six months of 2011, Estonia is the fastest growingaviation market in terms of number of passengers and ranked first among 34 countries withthe 37% growth.Read more-->Garuda Indonesia finalized an Airbus order for buying 25 A320 Family aircraft, makinggood on an MOU made at the Paris Air Show in June.Read more-->AirAsia breaks world record, selling more than 500,000 seats in one day.Read more-->Norwegian (NAS) continues to report strong passenger figures. They flew 1.6 millionpassengers in July, up 21% compared to July in 2010.Read more-->Etihad Airways consolidates presence in Russia by expanding commercial agreement withS7 Airlines.Read more-->
  2. 2. Kenya Airways signs collective bargaining agreement (CBA) with the Aviation and AlliedWorkers Union (AAWU).Read more-->Transaero Airlines showed highest level of growth in key performance indicators amongthe top five Russian airlines that control more than half of the Russian air transport market.Read more-->Scandinavian Airlines (SAS) was the most punctual airline in the world in July, with91.48% of flights arriving on time.Read more-->Cathay Pacific Airways reported it continues to make significant investments inmodernizing and expanding its fleet, reaching agreement with The Boeing Company forfour Boeing 777-300ER passenger aircraft and eight Boeing 777-200 Freighters.Read more-->Singapore Airlines (SIA) ordered eight Boeing 777-300ERs, worth $2.3 billion at list price.Read more-->Finnair and Belavia, the Belarusian national airline, signed a code-sharing agreement forflights between Helsinki and Minsk effective August 15.Read more-->The first Boeing 737-800 with the new CFM56-7BE engine has joined the Airberlin fleet.Read more-->AIRCRAFT & ENGINE MANUFACTURERSBoeing delivered its 100th 737 outfitted with the Boeing Sky Interior to GOL Airlines, theworlds third-largest low-cost 737 airline.Read more-->The first A350 XWB centre wing box has been delivered from the Airbus factory in Nantes totheir St Nazaire facility, where it will be assembled into the first A350 XWB fuselage.Read more-->Boeing announced its Space & Intelligence Systems division completed a crucial test of itsUHF hosted payload’s compatibility with the companys newest satellite.Read more-->The first Boeing 787 Dreamliner to enter into service with launch customer ANA was rolledout of the paint hangar on August 6.Read more-->Sukhoi Superjet 100 flight prototype SN95005 landed at Ras al-Khaimah (UAE) to undergohot soak trails tests (above +40°C) to continue about one month. The aircraft is equippedwith special sensing devices to register aircraft temperature at different points.Read more-->
  3. 3. Bombardier Aerospace reported they are opening their first Regional Support Office (RSO)in Latin America for their business aircraft customers by the end of 2011.Read more-->MROFL Technics Jets, specializing in line and base maintenance services for business jets, scoresexclusive contract with leading aircraft parts maker Seginus Inc (USA).Read more-->Thai Airways International has begun retrofitting their Boeing 747-400s.Read more-->Delta plans to invest $65 million in Aeromexico to form an alliance and MRO JV. The twoSkyTeam airlines have reached provisional agreement for a long-term and exclusivecommercial alliance and a new joint venture for maintenance, repair and overhaul.Read more-->AVIATION TRAINING & GROUND HANDLINGThai Airways International Public Company Limited’s newest cabin crew will beginserving passengers on their initial flight in September, 2011.Read more-->AIRPORTAirport manager Fraport welcomed 5,558,580 passengers at their Frankfurt Airport (FRA)home base in July, 2011, up by almost 300,000 people over their previous high-water markin July, 2010.Read more-->Traffic at Bordeaux Airport kept growing this June, up 7.9%. BOD saw brisk growth overthe first six months of 2011, up by 15%.Read more-->On July 25 the European Commission approved the Riga International AirportInfrastructure Development project, co-financed by the Cohesion Fund (CF), whose goal is toimprove the airport conditions on land and in the air, increase air travel safety standards andboost total capacity at RIX.Read more-->CEO of Sydney Airport Kerrie Mather said the airport successfully carried out a $26 millionrunway resurfacing project and has now begun a $25 million project to install stop bar lights.Read more-->Oslo Airport had a record number of international passengers—1,971,256 people—in July,up by 145,566, or 8%, over July of 2010.Read more-->
  4. 4. OTHERLufthansa Systems reported they have expanded the functionality of their IntegratedCommercial Platform (ICP). The ICP/Perform module features new applications foroptimizing cost-efficiency of routes.Read more-->The Association of European Airlines, which constitutes Europe’s most important networkof airlines, reported passenger traffic increased in the first five months of 2011 by almost10% over the same period in 2010.Read more-->Major Air Traffic Management project receives EU support. An essential project in thedevelopment of the Functional Airspace Block Europe Central (FABEC) will receive almost€13.8 million in EU support from the 2010 TEN-T Multi-Annual Call.Read more-->