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Aircraft Lessor Griffin Global Asset Management Orders Five Boeing 737-8 Jets

Aircraft Lessor Griffin Global Asset Management Orders Five Boeing 737-8 Jets

SEATTLE, Sept. 1, 2021 — Boeing [NYSE:BA] and Griffin Global Asset Management today announced the aircraft lessor is expanding its commercial aircraft portfolio with five new 737-8 jets. The purchase is Griffin’s first direct order with Boeing as it sees strategic opportunities to place the airplanes during the market recovery.

“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. The 737-8 is well-positioned to support this objective, and this order lays a strong foundation for more to come with Boeing and Griffin on future opportunities,” said Ryan McKenna, founder and CEO of Griffin.

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Boeing Completes Successful 737-10 First Flight

Designed and built in Renton, Washington, the 737 MAX family delivers superior efficiency, flexibility and reliability while reducing fuel use and carbon emissions by at least 14% compared to the airplanes they replace. The 737-8 seats up to 189 passengers and can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Every 737 MAX features the new Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

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The comparison of ACJ 320neo vs BBJ 737 max 8

“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 Griffin places its first direct order with Boeing, we welcome them to the 737 family and look forward to working with the team in the future,” said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing.

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He is an aviation journalist and the founder of Jetline Marvel. Dawal gained a comprehensive understanding of the commercial aviation industry.  He has worked in a range of roles for more than 9 years in the aviation and aerospace industry. He has written more than 1700 articles in the aerospace industry. When he was 19 years old, he received a national award for his general innovations and holds the patent. He completed two postgraduate degrees simultaneously, one in Aerospace and the other in Management. Additionally, he authored nearly six textbooks on aviation and aerospace tailored for students in various educational institutions. jetlinem4(at)gmail.com

Aerospace

South Korean KF-21 Completed First Successful Aerial Refueling

South Korean KF-21 Completed First Successful Aerial Refueling

The first aerial refuelling test of South Korea’s indigenous KF-21 Boramae fighter jet was successfully completed, marking a key milestone in the country’s defense capabilities.

Refueling from a Republic of Korea (ROK) Air Force KC-330 aircraft off the southern coast, the Boramae fighter jet took off from Sacheon Airbase, some 183 miles southeast of Seoul. The Defence Acquisition Programme Administration (DAPA) hailed this development, which represents a significant advancement for this state-of-the-art aircraft.

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The successful aerial refueling test corresponds with a staged production plan intended to ease worries brought forward by the feasibility assessment carried out a year ago. The research recommended cutting production to just 20 units and made additional test suggestions. A DAPA official continues to state that after discussions with pertinent agencies, plans are in place to conclude verification testing by June of this year and complete a contract for the remaining 20 units by February of the following year.

The kf 21, which has been compared to the Turkish KAAN and the Indian AMCA, has a more stealthy airframe than fourth-generation aircraft, but it is not yet capable of fifth-generation fighter capabilities. However, in the future, modifications such as internal weapons bays might force South Korea to reclassify it as a fifth-generation fighter. Even while South Korea has made significant strides towards constructing the KF-21, other countries, including Turkey and India, are also stepping up their efforts to push plans for creating fifth-generation fighter jets.

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As an initial phase, KAI boramae intends to manufacture a two-seat variant of the kai kf 21 boramae equipped with manned/unmanned teaming (MUM-T) capabilities. According to current plans, the Block 2 kf 21 fighter is slated for an upgrade to a low observability (LO) configuration, elevating it to the status of a fifth-generation fighter.

Additionally, KAI has put forward a proposal for the development of a Block 3 kf 21 boramae fighter jet, categorized as a sixth-generation fighter. This iteration would be larger, boasting enhanced stealth features and capabilities. It would incorporate more potent engines and operate within a comprehensive ‘system of systems’ framework, integrating with unmanned effectors for increased effectiveness.

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With the KF-21’s production set to start later in the year, DAPA intends to finalise an agreement with KAI by the beginning of 2024. The Republic of Korea Air Force (ROKAF) is expected to receive 120 KF-21 fighters by 2032.

The whole production plan for 40 kf21s has been approved by the Defence Project Promotion Committee, with an estimated cost of 7.92 trillion won (US$5.9 billion) between now and 2028.

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Aviation

Laser Attack on Aircraft after flying over at Mexico Fireworks Festival

Laser Attack on Aircraft after flying over at Mexico Fireworks Festival

In a shocking turn of events, a passenger jet was nearly blinded by the intense beams of hundreds of laser pointers wielded by festival-goers at a pyrotechnics festival in Tultepec, Mexico.

The harrowing incident unfolded last weekend during the National Pyrotechnic Festival, an annual celebration showcasing Mexico’s rich tradition in fireworks production and usage.

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Video footage captured the moment when a passenger jet, en route to Felipe Ángeles International Airport, soared above the festival grounds. As the aircraft approached, the sky became illuminated with a multitude of green laser beams, creating an eerie glow around the plane.

https://twitter.com/fl360aero/status/1770277290695385593

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The sight was both astonishing and terrifying, as the lasers posed a serious risk to the safety of the aircraft and its passengers. Social media erupted with condemnation towards the festival-goers, labeling their actions as idiotic and dangerous.

Social media erupted with condemnation as the video spread rapidly, with users expressing outrage at the dangerous behavior of the festival attendees. Many denounced the act as foolish and illegal, highlighting the potential consequences of such reckless actions.

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It is currently unclear if the police are investigating the video or if the airline targeted has complained to air safety officials.

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Airlines

Indigo contributed 31 crores to India’s political party for election funds

Indigo contributed 31 crores to India's political party for election funds

In a recent disclosure, it has come to light that Rahul Bhatia, the promoter of IndiGo, along with companies under his InterGlobe Group, has made significant donations totaling Rs 56 crore to four political parties. Additionally, SpiceJet, led by Ajay Singh, has contributed Rs 70 lakh to the Aam Aadmi Party (AAP).

The data further reveals that InterGlobe Air Transport Ltd, a part of the InterGlobe Group, purchased 11 electoral bonds valued at Rs 1 crore each on May 10, 2019, amounting to a total of Rs 11 crore. Similarly, Interglobe Aviation, the parent company of IndiGo, acquired 5 electoral bonds worth Rs 1 crore each on October 23, 2023, totaling Rs 5 crore.

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InterGlobe Real Estate Venture and InterGlobe Air Transport Ltd directed the lion’s share of their political contributions, totaling Rs 31 crore, to the Bharatiya Janata Party (BJP). Surprisingly, the second-largest recipient was the Trinamool Congress (TMC), receiving Rs 16.2 crore from Bhatia. Additionally, InterGlobe Aviation Ltd allocated Rs 5 crore to the Congress party, while Bhatia contributed Rs 3.8 crore to its ally, the Nationalist Congress Party (NCP).

Rahul Bhatia, individually, also made substantial contributions through electoral bonds, purchasing bonds worth Rs 20 crore. On April 7, 2021, a total of 29 electoral bonds were acquired, with 19 bonds valued at Rs 1 crore each and 10 bonds at Rs 10 lakh each, summing up to Rs 20 crore. When combined with the donations from IndiGo and its affiliated companies, the total contributions from the promoter and associated entities reach Rs 56 crore.

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On the other hand, SpiceJet, once a prominent player in the Indian aviation industry, has seen a decline in its market position, currently ranking fifth in terms of market share. Despite this, the airline has engaged in political contributions, with donations made in three separate installments.

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Aviation

Air India Express to Operate 360+ Daily Flights in Summer 2024

Air India Express to Operate 360+ Daily Flights in Summer 2024

In a strategic move aimed at significantly expanding its operations, Air India Express, the Tata Group-owned airline, is gearing up to soar to new heights this summer.

With a robust plan in place, the airline is set to operate more than 360 daily flights during the upcoming summer schedule, marking a substantial increase in its services both domestically and internationally.

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Compared to last year’s summer schedule, Air India Express is witnessing remarkable growth, with a surge of over 25 percent in domestic flights and over 20 percent in international flights. This translates to an additional 55 domestic flights and 19 international flights, with a total of 259 domestic and 109 international departures.

As part of its efforts to bolster connectivity, the airline will be ramping up frequencies to key international destinations such as Abu Dhabi, Dammam, Jeddah, and Sharjah, catering to the growing travel demand in these regions.

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In addition to its expansion plans, air india american express is also delighting its passengers with an enhanced in-flight dining experience. To mark the upcoming Holi celebrations, the airline has introduced the traditional Indian sweet “Gujia” to its award-winning in-flight dining menu, ‘Gourmair,’ promising passengers a delightful gastronomic journey.

Recently, Air India Express Rolls Out ‘Xpress Lite’ Fares, Through the ‘Xpress Lite’ program, travelers can take advantage of fares that are less expensive than standard ones. Complementing this service is “Xpress Check-In,” a function that allows passengers to skip lines at baggage belts and check-in counters, thereby expediting the boarding procedure. air india express ticket offer Furthermore, travelers who choose “Xpress Lite” prices will be given a free 3-kilogram cabin luggage allowance.

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