Dubai Aerospace Enterprise, rapidly established itself as a significant player in the leasing business by signing letters of intent for 200 Airbus and Boeing aircraft worth just over US$27 billion. The Boeing order is for 70 737NGs, five 747-8 freighters, 10 777-300ERs and 15 787s, while Airbus received a commitment for 70 A320s and 30 A350 XWBs. Boeing's order was valued at $13.7 billion at list prices, with the Airbus aircraft worth around $13.5 billion. Deliveries of the Boeing … [Read more...] about MIDDLE EAST: Dubai Aerospace leaps into leasing business

Royal Jordanian Airlines, Jordan's state-owned carrier and the first Middle East carrier to buy Boeing's 787 Dreamliner,ordered two more 787-8s at the recent Dubai Airshow. Royal Jordanian had ordered two of the planes - with a list price of US$324 million - in May. … [Read more...] about MIDDLE EAST: More B787-8s for Royal Jordanian

A bullish year for the Indian air cargo industry is set to kick off 2008 with a bang as industry leaders converge on Mumbai for Air Cargo India 2008, from 23-25 January 2008. "The event has gained an overwhelming response and is almost sold out. It will be a great opportunity to meet many decision makers of the Air Cargo industry from all over the world, assembled under the same roof. And to join the list of our esteemed participants, we have National Air Cargo joining the ACI 2008 … [Read more...] about INDIA: Air Cargo India 2008 kicks off this month

With an expected widebody aircraft order of at least 100 planes, the carrier will convert aging widebody aircraft from its existing fleet into freighter configuration. Th e carrier recently announced plans to convert two additional A310s to freighters for Air India Cargo operations next year and additionally plans to convert all its B747-400s into freighters. So far it has converted two A310s and two B737-200s into freighters. … [Read more...] about INDIA: Air India to undertake substantial conversions

Air India announced it has shortlisted Munich and Vienna as potential sites for its European hub. The airline said it is basing its decision on connectivity, incentives and costs, with the carrier planning to initially operate there from Kolkata. A final decision within the next few months. Air India will become the second Indian carrier to have a hub in Europe following Jet Airways, who has a hub in Brussels, Belgium. … [Read more...] about INDIA: Air India shortlists Munich and Vienna