After the initial announcement of the first ever commitment for the Airbus A350 freighter at the Dubai airshow last week, the European manufacturer has secured another commitment from leading shipping and logistics player CMA CGM Group. The two companies have signed a memorandum of understanding (MoU) for the purchase of four A350F freighter aircraft with the order subject to finalisation in the coming weeks. The aircraft will be operated by CMA CGM AIR CARGO and will bring the company’s … [Read more...] about Airbus secures CMA CGM commitment for the A350F
Aircraft Manufacturers
Vietjet locks in reinsurance, engine deals at COP26
Vietjet and Rolls-Royce have signed an agreement to provide Trent 700 engines and engine services for the airline’s incoming widebody fleet with a total value of approximately US$400 million during the Prime Minister’s attendance at COP26, the 26th United Nations Climate Change Conference of the Parties, in the United Kingdom. The Trent 700 is the only engine specifically designed for the Airbus A330 wide-body aircraft and is widely recognised for its outstanding efficiency and reliability. … [Read more...] about Vietjet locks in reinsurance, engine deals at COP26
ST Engineering secures engine MRO contracts with airlines
ST Engineering this week announced two new engine MRO contracts with airlines, underscoring its value proposition of providing flexible solutions to its airline partners. The company will extended an existing one to an exclusive five-year contract with Alaska Airlines and provide heavy maintenance on the CFM56-7B engines of 14 Boeing 737-700 and 12 Boeing 737-900 aircraft. Services will be provided starting next year at its facilities in Singapore. The second is another engine heavy … [Read more...] about ST Engineering secures engine MRO contracts with airlines
Airbus targets Boeing cargo dominance with A350 freighter
Airbus said its board had backed plans for an A350 freighter to enter service in 2025 as it looks to take head on rival Boeing’s dominance in the air cargo market, Reuters reports. Chief executive Guillaume Faury said that following the green light, “we are enhancing our product line with an A350 freighter derivative, responding to customer feedback for increased competition and efficiency in this market segment.” Plans by the European aircraft manufacturer to challenge Boeing's control of … [Read more...] about Airbus targets Boeing cargo dominance with A350 freighter
Air cargo brings the party to conversions, aircraft leasing
The relentless growth of e-commerce and a change in consumer behaviour, with more people buying online has created what some would say a renewed interest in purchasing freighters and converting older passenger aircraft for cargo use. Whilst reports say 90 percent of freighters around the globe are Boeing jets, Airbus thinks its conversion programme for the widebody A330 and narrowbody jets like the A321 and A320 is set to take a piece of the former’s share in freighter operations … [Read more...] about Air cargo brings the party to conversions, aircraft leasing
Cathay’s HK Express selects Airbus FHS services for A320s
Cathay Pacific Airways and HK Express have signed contracts for Airbus’s Flight Hour Services (FHS) to provide support for their A320 fleet. This recent deal extends the service relationship with Cathay Pacific and welcomes HK Express as a new FHS customer. The multiyear, maintenance-by-the-hour contracts will cover integrated component services, including on-site stock, pool access, and repair services, which will be delivered by Airbus’ engineers and FHS local representatives in Hong … [Read more...] about Cathay’s HK Express selects Airbus FHS services for A320s