Airline Finance News - North America.

 
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New York (AirGuideBusiness - Airline Finance News North America) Mon, Jan 5, 2015

Air China commits to sixty Boeing 737s Air China has signed a firm order with Boeing for sixty 737 aircraft comprising both 737 NextGen and MAX variants. The aircraft are to be delivered between 2016 and 2020 and are valued at more than USD6 billion at current list prices. Air China operates a significant fleet of Boeing narrowbody jets including twenty-one 737-700s, and 104 737-800s. Sun, Jan 4, 2015

Air India issues RFPs for A320s and 737s Air India and its affiliates have unveiled Requests For Proposals (RFP) for the lease of Boeing 737 and Airbus A320 aircraft due for delivery from this year onwards.

Tender documents seen by ch-aviation show the Indian carrier is looking to dry-lease fourteen A320ceo/neo aircraft with delivery scheduled for between April 1, 2015 and March 31, 2019. Contracts will range from six to twelve years. The A320-200 jets are to be powered by CFM International CFM56-5B4/3 engines while the A320neo jets should use either CFM LEAP-1A26 or Pratt & Whitney PW1127G-JM motors. In its tender for the dry-lease of five new 737-800s, Air India Express said it would require the jets for a period of eight years with an option to extend the lease by four more years. The aircraft, which are to be powered by CFM56-7B27/3 motors, should be delivered before the end of next year and will operate on five-year long contracts. The RFPs expire on January 15 and 23 respectively. Sun, Jan 4, 2015

Allegiant writes down value of Boeing 757 fleet Allegiant Air will likely retire its Boeing 757-200 fleet before 2021 following news the carrier took a USD43.2 million write-down on the six aircraft during the last quarter. The chairman and CEO of Allegiant Travel Co., Maurice Gallagher Jr., said a recent review of the value of its 757 assets had shown the aircraft's residual values will be reduced from USD6 million to USD3 million due largely to a permanent decline in the used 757 market. Sun, Jan 4, 2015

Azerbaijan's Silk Way commits to 3 more Boeing 747-8 freighters Silk Way Airlines, based in Baku, has placed a firm order with Boeing for three more Boeing 747-8(F)s the official Azernews press agency has reported. The Azerbaijani operator had originally signed a Memorandum of Understanding (MOU) with the Americans for four freighters in early 2013 firming only two of them initially. The agreement, which was signed in Baku on December 24, will see the aircraft...

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