Gol In Negotiations To Buy Embraers
September 19, 2014
Gol, Brazil's second-largest airline, is in final talks to buy an undisclosed number of aircraft from Embraer, a local newspaper reported.read more
French Government Calls For End To Air France Strike
September 17, 2014
The French government has called for an end to the Air France pilots strike, now in its third day, as the dispute over cost cuts threatened 60 percent of the airline's flights on Wednesday.read more
Lufthansa To Order 25 A320s For USD$3.24 Bln
September 17, 2014
Lufthansa has agreed to order 25 new Airbus A320s worth EUR€2.5 billion (USD$3.24 billion) at list prices to replace older aircraft and cut fuel costs at two subsidiary airlines.read more
Cebu Pacific Signs A330 Lease Deal
February 22, 2012
The Philippines' largest budget carrier, Cebu Pacific, said on Wednesday it had signed operating lease deals for four new Airbus A330-300s with CIT Aerospace, as it seeks to serve new markets outside Asia.
The four Airbus jets will be delivered between 2013 and 2014, and will be powered by Rolls-Royce Trent 772B engines, the airline said in a statement.
Cebu Pacific did not disclose financial details of the deals with CIT Aerospace.
Cebu Pacific, which has a fleet of Airbus A320s serving Asian destinations, will launch long-haul flights in the third quarter this year using wide-body aircraft. It plans to offer non-stop services to Australia, India, the Middle East and parts of Europe and the United States.
"The Airbus A330-300 aircraft will allow us to offer our trademark low fares to an even wider market," said Alex Reyes, Cebu Pacific general manager for the long-haul division, in a statement.
The airline said last month it would lease up to eight Airbus A330-300s.
It announced last June its orders for 30 new A321neos and seven A320s from Airbus, with delivery between 2015 and 2021 as it sought to double its fleet and expand routes.