11 Boeing 737 MAX 8s for Lynx Air

Leasing giant BOC Aviation Limited has agreed to purchase 11 new Boeing 737 MAX 8 aircraft from the U.S. planemaker to lease to Lynx Air.  These jets will be powered by CFM LEAP-1B engines and are scheduled for delivery in 2023 and 2024.

“We are pleased to be partnering with BOC Aviation for the lease of 11 of our new aircraft,” said Merren McArthur, CEO, Lynx Air. “The financing of these aircraft is integral to our growth plans as we continue our mission to make air travel accessible to all Canadians. We are looking forward to welcoming Canadians on board these brand-new Boeing 737 MAX airplanes.”

“We are delighted to welcome Lynx as a new customer and are pleased to support the airline’s plans to serve the Canadian travel market with the most fuel-efficient, technologically advanced aircraft,” said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. “This transaction demonstrates the innovative financing solutions that we provide for our global customer base and reflects our disciplined investment strategy focused on a portfolio of latest technology aircraft.”

BOC Aviation is a global aircraft operating leasing company with a fleet of 521 aircraft owned, managed and on order. Its owned and managed fleet was leased to 86 airlines in 38 countries and regions. It is wholly owned by the Bank of China. 

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Alaska Airlines recalibrates Boeing 737-MAX 9 order

Alaska Airlines announced plans this week to change its mainline fleet by adjusting our current 737 MAX 9 aircraft order with Boeing to include the bigger 737 MAX 10 and longer-range 737 MAX 8 jets. According to the airline, these additional 737 models will enhance Alaska's ability to meet specific market requirements with optimal aircraft size and capability.

"We're excited to add these new 737 models to our fleet and continue our upgauging strategy, which maximizes our revenue opportunity with more seats while reducing unit costs," said Nat Pieper, senior vice president of fleet, finance and alliances at Alaska Airlines. "This announcement is a further step in our drive toward a single fleet featuring Boeing aircraft and CFM engines – we are very appreciative of their partnerships."

The airline expects to take delivery of its first 737 MAX 8 aeroplanes in the second half of 2023 and the first 737 MAX 10s in early 2024. 

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Corendon Airlines Group to get Boeing 737 MAX jets from Air Lease Corporation

Aircraft leasing giants Air Lease Corporation has confirmed the placement of nine new Boeing 737 Aircraft with the Corendon Airlines Group.

The deal includes five new 737-MAX 8 aircraft to be delivered this year to Corendon Airlines (Turkey) and one new 737 MAX 8 delivered next year.  Corendon Airlines Group will lease three new 737MAX 9 aircraft that are scheduled to deliver to the airline starting in the first half of 2023.  

“ALC is a major lessor to the Corendon Airlines Group with three operating airlines in the Netherlands, Malta and Turkey, and we are pleased to announce these lease placements today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “These nine new Boeing 737 aircraft offer the most modern, fuel-efficient new technology that will greatly enhance Corendon’s overall fleet operations and passenger experience.”

“We appreciate and thank ALC for the long-time cooperation and fleet support,” said Yildiray Karaer, Chairman of the Corendon Group.

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Air Lease Corporation Announces leases 25 Boeing MAX jets to Malaysia Aviation Group

Air Lease Corporation has announced the long-term lease placements for 25 new Boeing 737 MAX 8 aircraft with Malaysia Aviation Group (MAG), parent company of Malaysia Airlines Berhad (MAB). The aircraft are scheduled to deliver to the airline starting in early 2023 through the beginning of 2026 from ALC’s orderbook with Boeing.

“ALC is pleased to announce this significant deal for 25 new 737-8 aircraft with MAG,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation. “These 25 new Boeing aircraft will help grow Malaysia Airlines’ expanding route network and improve operations and the efficiency of the airline’s fleet.”

Izham Ismail, Group Chief Executive Officer of MAG said: “After a detailed tender process in the last quarter, we are pleased to appoint ALC as the aircraft lessor for our Boeing 737-8 fleet. This exercise is tied to the restructured terms of our existing orderbook with Boeing. We are happy to have in ALC, a partner who is committed to be part of our future endeavors as outlined in our Long-Term Business Plan 2.0 ('LTBP2.0'). The 737-8 is key to LTBP2.0 with its superior product offerings and better fleet performance which includes amongst others, improved fuel efficiencies of up to 15%. This aligns well with our sustainability journey, whilst also enabling MAB with greater flexibility and agility to implement our future network strategies.”

In addition to these 25 Boeing aircraft, Malaysia Airlines currently has six Airbus A350-900 aircraft on long-term lease from ALC.

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SmartLynx Airlines adding Boeing 737 MAX 8 to the fleet

SmartLynx Airlines has just signed an agreement with SMBC Aviation Capital to lease first two Boeing 737 MAX 8 aircraft, to meet growing demand from European and overseas markets.

This strategic expansion secures our leading position in the EU-based ACMI, charter and cargo operator league and making our fleet the largest in the region. 

The most exciting part for our customers will certainly be the new destinations that are now in range. However, cutting fuel consumption and lowering noise and CO2 emissions is no less important. Besides, this addition of the latest generation aircraft means significant service improvements and unmatched technical reliability across all markets.

Zygimantas Surintas, SmartLynx Airlines CEO comments: "As SmartLynx Airlines continues to modernize its fleet, there's no doubt that the Boeing 737 MAX 8 is the right aircraft for us, and we were pleased to work with SMBC to make it happen," "Not only will these aircraft allow us to expand our services and the markets we can cover, it will also allow us to ensure even better-quality service and unmatched technical reliability."

We are delighted to work with SMBC Aviation Capital, one of the biggest global lessors, to make this fleet modernization happen, and partner with Boeing to make the delivery of all new units as smooth as possible.

A recruitment campaign has already been launched to source suitably qualified crews for the newly leased aircraft.

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Icelandair to lease two more Boeing 737 MAX jets

Icelandair has entered into agreements with Dubai Aerospace Enterprise Ltd (DAE), regarding long-term operating leases of two new Boeing 737 MAX 8 aircraft. The aircraft are scheduled to be delivered from Boeing in spring 2022. This transaction will bring the total number of 737 MAX in the Icelandair fleet up to 14 aircraft for next summer.

Bogi Nils Bogason, CEO of Icelandair Group: “We are very pleased to announce the new agreements with DAE, a long-lasting business partner. With favorable conditions in commercial aircraft markets, and the continued ramp up of our route network we saw an opportunity and need to expand our fleet of Boeing 737 MAX. The aircraft have proved to perform even better than expected, both in terms of flight range and fuel-efficiency which will also contribute to our efforts of reducing the carbon emissions from our operations.” 

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Delivery of 15 new Boeing aircraft to United completed.

CDB Aviation has confirmed the completion of deliveries of a fleet of fifteen new Boeing aircraft to U.S.-based United Airlines. The sale and leaseback transaction covered a fleet of two 787-9 Dreamliners and thirteen 737 MAX 8 aircraft, which were delivered between 2020 and 2021.

“We want to thank members of both the United and CDB Aviation teams who collaborated on structuring and expediently executing this complex transaction during a particularly challenging period for the industry,” applauded Peter Goodman, CDB Aviation Chief Marketing Officer.

Pointing to the importance of building a key strategic relationship with the world’s fourth-largest airline measured by revenue while further expanding the lessor’s footprint in the Americas, Goodman emphasized the transaction’s role in “supporting United management’s efforts to streamline their fleet and enhance operating economics as they work toward the resumption of sustained, long-term growth.”

The two 787-9s are powered by General Electric GEnx engines and configured in a 257-seat layout with the new Polaris and Premium Plus cabins. As air travel returns, these widebody aircraft are expected to deliver the advantages of lower fuel consumption and efficient economics to open new routes and markets.

Budget airline Norwegian enters into agreement to lease two Boeing 737 MAX 8 jets

The budget airline Norwegian has confirmed it was has entered into an agreement to lease two Boeing 737 MAX 8 aircraft that have been declined by other airlines. 

The deal will see each aircraft leased for up to nine years on a ‘power-by-the-hour’ (PBH) arrangement for both the carriers winter 2021/22 and summer seasons. Norwegian has the option, under the agreement, to substitute the subject 737 MAX 8 aircraft for new technology narrow-body aircraft from Airbus. The lessor is well reputed and has a longstanding relationship with Norwegian.

“This agreement is an important step in Norwegian’s plan to build an efficient and modern fleet for the future. The flexibility of ‘power-by-the-hour’ will allow us to manage our capacity through the low season adjusting for variations in seasonal demand,” said Geir Karlsen, CEO of Norwegian.

Delivery will begin shortly to enable Norwegian to fulfil the announced Summer 2022 flying programme with approximately 270 routes the airline promised.

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Singapore Airlines Unveils All-New Narrowbody Aircraft Cabin Products

Singapore Airlines Unveils All-New

Narrowbody Aircraft Cabin Products

Singapore Airlines (SIA) has launched its highly-anticipated new cabin products, which will be rolled out on its Boeing 737-MAX fleet in the coming weeks. This elevates the customer experience onboard the Airline’s narrowbody aircraft fleet to a level similar to its widebody aircraft, offering a consistent and premium travel journey across the entire Singapore Airlines network.

All of SIA’s 737-MAX 8 aircraft will have 154 seats in two classes, 10 in Business Class and 144 in Economy Class, with new cabin products featuring bespoke elements that have been designed especially for the SIA customer.

The lie-flat Business Class seats have been designed by London-based Factorydesign and manufactured for Singapore Airlines by Thompson Aero Seating. The Economy Class cabin will feature the latest generation sleek and slim-line seats, which have been built by Collins Aerospace. The 737- MAX 8 cabin has been designed with a special focus on ergonomics, helping to ensure that everything is within easy reach for customers.

The aircraft feature Panasonic’s X-Series seat-back in-flight entertainment, allowing all customers to enjoy the latest KrisWorld entertainment content. The fleet is also fitted with Panasonic’s in-flight Wi-Fi service, as well as mobile data connectivity services.

TUi get another Boeing 737 MAX jet from Aviation Capital Group

The airline arm of TUI Travel has taken delivery of another new Boeing 737-MAX 8 aircraft, powered by CFM International’s LEAP-1B engines on a long term lease arrangement from Aviation Capital Group. This jet forms part of a multi-aircraft transaction between ACG and the airline and is another step forward in fleet modernization. 

“We are pleased to announce the delivery of this Boeing 737-8 MAX aircraft to TUI Travel, and we look forward to continuing to grow our long-term relationship with the TUI Travel team,” said Tom Baker, CEO and president of ACG.

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Griffin Global Asset Management orders five Boeing 737 MAX 8 jets

Boeing has confirmed that Griffin Global Asset Management has ordered five new Boeing 737 MAX 8s for its commercial aircraft portfolio. The aircraft are allocated from a previously cancelled order and being sold at a loss for the American manufacturer according to sources close to the deal.

In a deliberate move to mislead the travelling public, Boeing's senior vice president of Commercial Sales and Marketing Ihssane Mounir referred to the jets as simply 737-8s in interviews and media statements. "Griffin Global Asset Management is building a first-class aircraft leasing business, and we are delighted that they have selected the 737-8 for their single-aisle portfolio."

"As market conditions rebound, we are finding opportunities to serve our airline customers in innovative ways. An important component of this strategy is providing balanced capacity that meets returning passenger demand," said Ryan McKenna, founder and CEO of Griffin, who achieved the low price deal on condition further orders from the leasing firm would be forthcoming.  

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BOC Aviation delivers seventh Boeing 737 MAX 8 to TUI

Leasing firm BOC Aviation Limited has delivered the seventh of seven new Boeing 737 MAX 8 aircraft powered by CFM LEAP-1B engines for lease to TUI Travel.

Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation, said: “We are delighted to work with our long-standing customer TUI, and to provide TUI with the most fuel-efficient, latest technology aircraft. Following the international recertification of the Boeing 737 MAX aircraft, we delivered all seven aircraft to TUI in just four months, which reflects a high level of teamwork on both sides. We look forward to developing our relationship with TUI further and remain committed to providing our customers with large scale financing solutions as well as technologically advanced aircraft.” 

United Airlines places the largest aircraft order in its history and the biggest by a single carrier in a decade..........Order's 200 Boeing 737 MAX

The U.S. mega carrier United Airlines confirmed today, Tuesday that it was purchasing 270 new aircraft,   the largest ever aircraft order in its history and the biggest by a single airline in a decade.

The firm is ordering 70 Airbus A321neo aircraft and 200 Boeing 737 MAX aircraft, dubbed by some passengers as the 'death jets' following the two high profile Lion Air and Ethiopian Airlines crashes that cost the lives of 347 people.

Massive MAX order for Boeing from United

United will be taking  50 737 MAX 8s and 150 737 MAX 10s and all will be fitted with the new style cabin interior which includes seat-back entertainment in every seat, larger overhead bins for every passenger's carry-on bag and the industry's fastest available in-flight WiFi, as well as a bright look-and-feel with LED lighting. The airline expects to fly the first 737 MAX 8 which is currently coming out of storage this summer and begin flying the 737 MAX 10s and the Airbus A321neo in early 2023.

The Canadian budget carrier Flair Airlines has updated its schedule with more services from Ottawa International Airport

Photo Flair

The Canadian budget carrier Flair Airlines has updated its schedule with more services from Ottawa International Airport (IATA: YOW) in Ontario.

Ottawa flights in June will provide non-stop service to Toronto, Vancouver, Edmonton, Winnipeg and Calgary. In August, the schedule grows with the addition of service to Halifax, Kelowna and Abbotsford.

“We are delighted to start operations at our newest base in Ottawa,” says Garth Lund, Chief Commercial Officer. “Just in time for summer, we are bringing affordable travel options with one way fares as low as $49 on several routes. By August, we will have two aircraft based in Ottawa and provide non-stop, low fares to eight cities while creating more than 70 jobs in the community.”

Nous avons accueilli le vol inaugural de @FlairAirlines avec du style! Flair offrira un service sans escale de #YOW vers @FlyYYC @FlyEIA_FR @hfxstanfield @ylwkelowna @TorontoPearson @yvraeroport @ywgairport par le mois d’août.#YYC #YEG #YYZ #YHZ #YLW #YWG #YVR pic.twitter.com/9kwV9ljv3n

— flyyow (@FlyYOW) June 11, 2021

Ottawa is among several new destinations Flair is adding to its network as the airline grows to serve 19 Canadian cities. Flair’s first of 13 new Boeing 737 MAX 8 aircraft started passenger service on June 10 and more of the new aircraft are joining the fleet throughout 2021.

Listed below are examples of one-way base fares currently available. All base fares include taxes and fees, and there are limited seats and limited availability.

Ottawa to Halifax: $49 one way, travel on October 14, 2021

Ottawa to Abbotsford: $59 one way, travel on September 9, 2021

Ottawa to Toronto: $49 one way, travel on July 7, 2021

Ottawa to Winnipeg: $49 one way, travel on October 27, 2021

Ottawa to Edmonton: $49 one way, travel on September 10, 2021

Ottawa to Calgary: $49 one way, travel on November 11, 2021

Ottawa to Vancouver: $59 one way, travel on October 26, 2021

Ottawa to Kelowna: $59 one way, travel on October 23, 2021

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Flair Airlines starts flying with Boeing 737 MAX jets.

Photo Flair Airlines 

Flair Airlines, the independent ultra-low-cost Canadian carrier has started flying with the first of 13 new Boeing 737-MAX 8 jets - same as the type in the two fatal crashes that saw the type grounded over safety issues for nearly two years. 

Flair is hoping that these new aircraft will help the fledgling airline achieve its rapid growth and help it make inroads into an already congested Canadian travel market.

 Stephen Jones, President and CEO, Flair Airlines said: “Today marks a huge milestone as Flair grows to bring affordable travel options to more Canadians.

Canadians have been paying too much for too long, and Flair is changing that thanks to the addition of the new 737-8 aircraft which provide us the efficiencies and ability to scale our service. Today’s inaugural flight kicks off our rapid growth.”

Photo Flair Airlines

First of five Boeing 737 MAX jets delivered to Belavia

The leasing giant Air Lease Corporation has confirmed the delivery of five Boeing 737 MAX aircraft to Belavia-Belarusian Airlines. The jet,  which is on a long term lease with the carrier is powered by CFM LEAP-1B engines, and is the first of five of the type to be delivered to Belavia from ALC’s order book with Boeing.

“ALC is pleased to confirm this historic and significant transaction with Belavia, delivering the airline’s first 737-8 today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “Our team introduced the Boeing 737 aircraft family to Belavia 18 years ago and now we are delighted to announce the first of five new 737-8s on long-term lease with the airline.”

Cayman Airways gets new Boeing 737 MAX

Air Lease Corporation has entered a long term lease arrangement for a new Boeing 737 MAX 8 jet with Cayman Airways.

Leasing giant Air Lease Corporation has confirmed the delivery of one new Boeing 737-8 aircraft on long-term lease to Cayman Airways.  This aircraft, featuring LEAP-1B27 engines, is the third new 737-8 to deliver to Cayman Airways from ALC’s order book with Boeing.  

“ALC is honored to work with Cayman Airways, the national flag carrier of the Cayman Islands, to modernize the airline’s fleet and expand their route network,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “Our team has now leased three generations of Boeing 737 aircraft to Cayman Airways: the 737-300, 737-800 and now the 737-8.  The new technology 737-8s will further the airline’s long-term goals, providing advanced technology, passenger comfort and fuel-efficiency.”

Cayman Airways President and Chief Executive Officer, Fabian Whorms said: “We are very fortunate and appreciative of having ALC as our aircraft lessor while we retire and replace our aging B737-300 aircraft with the new B737-8 aircraft model.  ALC was selected by Cayman Airways in 2016 after a competitive public tendering process and ALC has subsequently demonstrated a very strong commitment to working with Cayman Airways through the most difficult of industry challenges.  Cayman Airways also has a historical relationship working with Mr. Udvar-Hazy that spans more than three decades, and we look forward to continued excellent relations with ALC for many years to come.”

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First of 10 new Boeing 737 MAX aircraft for Blue Air is delivered.

Photo Blue Air

The leasing giant, Air Lease Corporation has confirmed the delivery of the first of an order of 10 Boeing 737 MAX 8 aircraft to the Romanian airline Blue Air. These 737 aircraft are powered by CFM LEAP-1B25 engines and are placed on a long term lease with the carrier as it rapidly expands its European and short-haul route network. The nine further jets are scheduled to be delivered to Blue Air between April 2021 and the end of 2022.

 

 “Today marks a new milestone in Blue Air’s journey. The delivery of this first of ten Boeing 737-8s comes in line with our airline’s commitment to provide European customers The Better Way to Fly. As we increasingly acknowledge the responsibility of the airline industry for a greener future, Blue Air joins the airline community as an active player in delivering the lowest carbon emissions known to date by a narrow-body passenger aircraft. The accelerated replacement of our classic fleet is ensured by the long-lasting strategic partnership with Air Lease Corporation as Blue Air’s main lessor. A special acknowledgement and thanks goes to the ALC team that made this delivery possible amid these challenging COVID times. This and the next projected deliveries will ensure Blue Air’s resilience and will secure our company position as the main Romanian player in the passenger aviation market,” said Cristian Rada, Majority Shareholder of Blue Air.

737 Max orders vanish.....

Photo Sky News

Customers of Boeing's ill-fated 737 MAX have cancelled orders for 150 orders for the twinjet in the month of March alone.  The US manufacturer's commercial order backlog fell by just over 300 aircraft during the first quarter.

Aircraft leasing giant cancelled an order for 75 737 MAX aircraft, GOL one of the major airlines in Brazil sliced 39 off its order,  Smartwings dropped an order for five of the type and other airlines have reduced orders and there is more on the way.  According to IATA, 2020 passenger numbers will be down across the world by an estimated 48%, which will undoubtedly lead to more order cancellations and deferrals. 

Boeing's official order backlog stands at 5,049, which includes 4,079 for the still grounded MAX, which still doesn't look like getting back to commercial operation before July at the earliest.

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Ryanair boss Michael O’Leary says his airline might not get 737 Max aircraft until October 2020

The boss of the low-fare-high-fee carrier Ryanair believes his airline might not get 737 max aircraft until October 2020!

The belligerent boss, Michael O’Leary said in an interview with German magazine Wirtschaftswoche that whilst Ryanair has an order for 135 of the troubled 737 Max aircraft, their delivery keeps getting moved, “We were meant to have 58 planes by the summer,” has says in the interview, extracts from which were published on Friday. “That went down to 30, then 20, then 10 and the latest is maybe only five. It’s possible we’ll only get the first jets in October 2020.”

O'Leary has said previously that the airline will not take deliveries during July or August because it is the airline’s busiest time of the year and has doubts it will get any before the crucial summer season starts.