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AirAsia to resume Airbus A321neo deliveries in 2024 as growth returns

Malaysia’s low-cost airline AirAsia aims to start taking delivery of the 362 Airbus SE A321neos from 2024

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Airbus starts A321 aircraft production in China's Tianjin

According to the chief executive of parent company Capital A Bhd, Malaysia’s low-cost airline AirAsia aims to start taking delivery of the 362 Airbus SE A321neos that are still on order in 2024 after delaying them due to the pandemic.

The airline, one of Airbus’ largest clients, had only ordered four A321neo aircraft before COVID-19 obliterated the aviation industry. Despite not having specified a commencement date at the time, it and Airbus last year decided to restructure the deal with deliveries continuing through 2035.

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By taking receipt of the new Airbus A321neos in 2024, we will be able to further reduce our emissions per seat by 20% while still accelerating our company’s expansion. Tony Fernandes, the chief executive of Capital A, said in a statement late on Friday after the company reported a smaller operational deficit for the second quarter.

A return to full operations is anticipated by the second quarter of 2023, according to AirAsia Aviation Group Chief Executive Bo Lingam, who noted that as of August, 108 operating aircraft had returned to the skies. This number is anticipated to rise to 160 by the end of the year to support strong and growing consumer demand.

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For the three months ending June 30, Capital A reported an operational loss of 491.3 million ringgit ($110.03 million), down from a loss of 792.2 million ringgit in the same period last year.

The business announced last month that its aircraft load factor, a gauge of the proportion of seats full, increased to 84% in the second quarter, levels similar to those prior to the pandemic. In an effort to overcome Malaysia’s stock exchange’s designation of Capital A as a financially troubled corporation, Capital A stated in June that it was considering various fundraising strategies for a planned U.S. listing.

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Lufthansa is interested in deepening its partnership with Air India to expand its cargo operations

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Lufthansa is interested in deepening its partnership with Air India to expand its cargo operations

Lufthansa is willing to expand its cargo collaboration with Air India in order to increase cargo volumes.

“We believe that a strong Air India is good for both India and global aviation.” “We are always looking for ways to strengthen our ties with Air India,” Lufthansa stated According to the report.

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United and Emirates Expand Market Presence Through New Agreement(Opens in a new browser tab)

In the midst of a robust revival in its cargo sector, the German airline is eager to work more closely with Air India. The ambitious growth plan for Air India includes the installation of wide-body aircraft, which will expand its cargo capacity by 300%.

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“Lufthansa Cargo has seen a strong recovery in India, with cargo volumes recovering to surpass pre-pandemic levels in the first half of 2023,” the company said. Positive forecasts for the remainder of the year include continuous expansion, according to the airline. “India is one of the world’s air freight markets with the quickest rate of growth. As India’s economy continues to expand and its exports rise, there will likely be a rise in the demand for air cargo, it added.

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LATAM Airlines takes delivery of its first A321neo, adds 13 more to order book

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LATAM Airlines takes delivery of its first A321neo, adds 13 more to order book

LATAM Airlines has taken possession of the first A321neo it had leased from AerCap and placed an order for 13 more of the aircraft to boost regional expansion and expand its route network. This A321neo aircraft is the first in a committed backlog of 76 to be delivered. LATAM will receive 111 A320 Family aircraft in total.

Why LATAM retired its entire A350s fleet?(Opens in a new browser tab)

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The recently arrived A321neo for LATAM has Airbus’ Airspace XL bins in the cabin and can accommodate 224 passengers. The larger bins enable 60% more carry-on baggage and 40% more storage space, allowing passengers and cabin crew to board flights more leisurely. 49% Sustainable Aviation Fuel (SAF) was used to propel the just-delivered A321neo to its destination.

The largest single-aisle A320 Family model sold by Airbus is the A321neo. The lowest seat-mile cost of any single-aisle aircraft on the market is provided by the A321neo, allowing operators to serve the entire market. Customers from all across the world have ordered more than 5,200 A321neos so far.

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Why LATAM retired its entire A350s fleet?(Opens in a new browser tab)

The LATAM Airlines Group and its affiliates are the major airline group in Latin America, operating internationally throughout Europe, Oceania, the United States, and the Caribbean in addition to five local markets in the region: Brazil, Chile, Colombia, Ecuador, and Peru. LATAM is currently Latin America’s largest Airbus operator, flying 240 Airbus aircraft. LATAM received a brand-new Airbus A320neo in July of this year, marking the first delivery made with 30% SAF.

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Airbus has sold over 1,150 aircraft in Latin America and the Caribbean. More than 750 are in operation throughout the region, with more than 520 in the order backlog, representing a market share of 58% of in-service passenger aircraft. Since 1994, Airbus has secured 75% of net orders in the region.

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Wings of Growth: India’s Need for 130-150 Additional Wide-Body Aircraft

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Wings of Growth: India's Need for 130-150 Additional Wide-Body Aircraft

According to Vikram Rai, CEO of GE Aerospace South Asia, India’s civil aviation market, one of the fastest-growing in the world, has the potential to add 130-150 more wide-body aircraft to its fleet. In India, there are now about 700 commercial aircraft in service, although only about 50 of them are wide-body aircraft.

India, the third-largest aviation market in the world with about 1,500 aircraft on order from domestic airlines, is viewed as having “great potential” by GE Aerospace, a key manufacturer of aircraft engines.

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Airbus unveils order from Wizz Air for 75 A321neo aircraft(Opens in a new browser tab)

India is a focus market and a priority market for GE Aerospace” and added that in his opinion, domestic airlines would think about adding more wide-body aircraft to their fleet and using them on busy domestic routes.

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The government is attempting to create international aviation hubs in India in order for domestic airlines to transport passengers directly to a variety of foreign locations as a result of the growing air passenger traffic.

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Currently, the majority of passengers flying out of India to distant locations do so on connecting flights run by foreign airlines.”We need to reach a stage where we can transport our passengers from end to finish. We are talking about the next stage of growth here, Rai added.

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