Aircraft Finance & Leasing News.


Sep 24, 2007

A J Walter Leasing, British Airways

A J Walter Leasing said it is taking delivery of the second of two Airbus A320s purchased from British Airways last year for parting out. The first was delivered last November. Sep 17, 2007

Adam Air

Airline shares in the region have been hammered after the latest crash, and with jet fuel prices surging to record highs over USD$93 a barrel this week. But Adam Air said this month its passenger numbers have rebounded after slumping by a third. Indonesia, whose airlines are banned from European airspace due to safety concerns, issued a law in 2006 that new airlines must not use planes older than 20 years. It considered cutting this to 10 years after January's Adam Air crash that killed 102. The civil aviation department in Thailand, which relies on tourism for about 7 percent of its GDP, said it is not considering age limits for commercial airliners, and experts said other Asian governments are unlikely to follow Indonesia. Sep 20, 2007


AirAsia X's first 396-seat Airbus A330 is due to arrive in Kuala Lumpur Sept. 18 for the carrier's service launch later this month. The A330 will be the first of three leased by the long-haul LCC to arrive with another 10 on firm order to be delivered next year. Air Asia X initially will launch flights from Kuala Lumpur to Melbourne Avalon and London Stansted. Sep 18, 2007

AirAsia X, Airbus

AirAsia X, a Malaysian budget long haul carrier that counts British billionaire Richard Branson as a shareholder, is considering buying up to 25 Airbus A350 planes, the airline said on Sept. 18. AirAsia X, which will make its debut soon, has already ordered 25 A330-300 planes for flights from Malaysia to Australia and China. The need to plan ahead for new plane purchases is important given the long waiting time. Boeing's 787 planes could take as long as five years to deliver and the A350s could take up to seven years. Airasia X, which aims to fly 10 million passengers a year within five years, expects to list its shares on the Malaysian stock exchange by 2010. Sep 18, 2007


Airbus's Bregier chief operating officer joins a chorus of French industrialists, such as the chief executive of PSA Peugeot Citroen, who are concerned the euro's rise to record highs is hurting exports and could lead to job cuts in European manufacturing. Critics say France is late in making structural adjustments to become more competitive. Bregier added that Airbus, which currently buys 50...

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