CFM INTERNATIONAL
The right bet: Rakesh Jhunjhunwala's dream is set to soar higher
Exiting 2023 with a fleet size of 22 aircraft, including 21 Boeing 737 MAX 8 and one Boeing 737 MAX 8 200, the first of its kind in Asia, Akasa Air is ready for its next phase of growth. It further fuelled its international flying ambitions when in January the new airline welcomed two Boeing 737 MAX 8 aircraft to its growing fleet. Since it started flying in 2022, Akasa has garnered a market share of 4 per cent as against another low-cost but much older airline SpiceJet's 5.6%.
IndiGo signs financing pact with BOC Aviation for 4 Airbus A320NEO aircraft
BOC Aviation has signed a finance lease transaction with IndiGo for four Airbus A320NEO aircraft. The deal supports IndiGo's expansion strategy and fleet modernization efforts. The A320NEO aircraft are powered by CFM LEAP-1A engines, with all four scheduled for delivery in 2024. The partnership aims to strengthen IndiGo's position in both domestic and international markets.
Akasa buys over 300 CFM engines at list prices of $5 billion
Indian low fare carrier Akasa has purchased over 300 engines from CFM International for its Boeing aircraft order. The deal includes a comprehensive maintenance agreement and a spare engine contract. Akasa CEO Vinay Dube confirmed that the airline is not facing any delays in engine deliveries on its current fleet and expects none in the future.
India has scope for 130-150 more wide-body aircraft: GE Aerospace
India's civil aviation market has the potential to add 130-150 more wide-body planes as airlines expand and consider deploying them in dense domestic routes, according to GE Aerospace South Asia CEO Vikram Rai. Currently, there are only about 50 wide-body aircraft in India's fleet of 700 commercial planes.
Singapore's BOC Aviation signs financing pact for 10 Airbus aircraft with IndiGo
Singapore BOC Aviation Limited and India's largest airline IndiGo have entered into a finance lease transaction involving 10 Airbus A320NEO aircraft to further expand its fleet, officials said on Wednesday. All 10 aircraft powered by CFM LEAP-1A engines are scheduled for delivery in 2023.
One third of wide body fleet to have modern seats, inflight entertainment systems by March next year: Air India
Air India is planning to equip a third of its wide-body fleet with modern seats and inflight entertainment systems by March 2024, as part of its ongoing transformation plan. CEO and MD Campbell Wilson announced the updates in his weekly message to staff. The airline will phase the upgrades, beginning with six A350s this financial year, and continuing to refit the rest of its wide-body fleet over the next few years at a cost of $400m.
- Go To Page 1
Air India finalises 800 LEAP engine order to power its new fleet
Air India has confirmed its order for 800 CFM International Leap-series engines to power its fleet of 210 Airbus A320neo/A321neos and 190 Boeing 737 MAX family aircraft. The aircraft engine manufacturer added that the Indian airline had signed a multi-year services agreement covering the entire LEAP engine fleet.
GMR Hyderabad Aviation SEZ signs lease agreement with Safran Aircraft Engines for MRO
GMR Hyderabad Aviation SEZ Ltd has signed a Land Lease Agreement with Safran to lease land in Hyderabad, India for Safran to build and operate an Engine MRO facility for LEAP turbofan engines. Occupying 36,500 sqm of built-up space across 23.5 acres, the facility will have an initial capacity to service 100 engines per annum, gradually increasing to around 300 engines by 2035.
IndiGo set to take big call on order for 500 Airbus aircraft worth over $50 billion
The A320Neo family consists of the A320Neo, A321Neo and A321XLR aircraft. The order will be the largest in the history of aviation topping Air India's order of 470 aircraft placed in March. IndiGo has pending delivery of 477 aircraft of the same A320 family by 2030. This order will ensure that the airline gets an uninterrupted supply of new aircraft in the next decade as it expands its fleet.
The engine dispute at the heart of Go First's bankruptcy filing
Go First said Pratt & Whitney agreed in 2017 to compensate it for engine "support". The agreement, which ran through 2019, provided unspecified compensation to the airline for days when planes were grounded with engines that needed to be changed or serviced.
Go First plans to sue Pratt and Whitney for its engine woes
“Over the last two years, all the engines had to be removed from the wing before an average of 7,000 hours which is way lower than projected life of 12,000 hours. Problems have repeatedly surfaced which has resulted in unscheduled removal of engines leading to severe disruption in operation and business,” said a person involved in Go First’s business.
Go First may sue Raytheon over Pratt & Whitney engine isues
Sources said while Go First has sought compensation for the loss in business, the aerospace company has refused to pay for it resulting in violation of contractual agreement.
Airbus to deliver first A350 plane to Air India by end of this year: Airbus India head Remi Maillard
Remi Maillard, President and Managing Director of Airbus India and South Asia, said the company was very proud that the Tata Group has chosen A350 and A320 planes for Air India, adding that the magnitude of the order shows the appetite for growth in the Indian aviation industry, which is the fastest growing aviation market.
Tata's Air India to seal half of jumbo plane order today
After months of closely-guarded, tough negotiations, Air India is set to place an order for 190 Boeing 737 MAX narrowbody planes as well as some 20 Boeing 787s and 10 Boeing 777X on a day marking one year since Tata Group took control of the former state-run carrier, the sources told Reuters.
Airbus may delay some 2023 jet deliveries -sources
Jetliner and engine makers are battling supply chain and labour problems, but so too are the worldwide repair shops needed to help airlines meet a sharper than expected recovery in demand by keeping their existing aircraft in service. The logjam in repair capacity has left dozens of planes grounded as their engines are late coming out of overhaul, and that in turn has created competition for engines between new aircraft assembly lines and spares for the existing fleet.
Air fare in holidays season to peak as airlines struggle to induct capacity due to engine shortage
A global shortage of aircraft engines and spares is threatening the expansion plans of several Indian airlines which were preparing for an expected robust recovery in air travel in the upcoming festival season, according to industry executives.
Go First grounds over a fifth of its planes on engine shortage
The airline, which is considering an initial public offering, has grounded about a dozen of its 57 planes for weeks as it awaits delivery of the upgraded versions of the PW1100G geared turbofan engines which power the A320neo aircraft. Go First, previously GoAir, had sent the earlier engines to the American manufacturer in January and the upgraded versions were to be delivered in five months,
Three in-flight engine shutdowns in India spark probe
All three incidents, the people said, involved engines made by CFM International Inc., the GE-Safran joint venture. All the planes landed safely. The incidents involved two Airbus SE A320neo jets, operated by Air India Ltd., and a Boeing Co. 737 Max aircraft, operated by Indian carrier SpiceJet Ltd., according to the people.
China's Tibet Airlines plane with 122 people veers off runway, catches fire; over 40 injured
All the 122 people aboard the Tibet Airlines flight TV9833 from Chongqing to Nyingchi in the Tibet Autonomous Region have been safely evacuated, the Civil Aviation Administration of China (CAAC) said. The Airbus A319-100 had been in service with the airline for nine-and-a-half years, according to the Hong Kong-based South China Morning Post.
Airbus plans mid-decade demonstrator for hydrogen plane
The planemaker has scheduled a news conference with "key engine partners" for 1400 GMT on Tuesday on the latest milestone in its plans to develop a zero-emission aircraft.
Rakesh Jhunjhunwala's Akasa Air signs $4.5 billion deal with engine maker CFM International
Akasa is an initiative of Dube and his colleagues Praveen Iyer, chief commercial officer and head of technology Anand Srinivasan and counts former IndiGo president Aditya Ghosh as a co-founder. It received a no-objection certificate, the first government approval on October 11 and aims to start operations in the middle of 2022.
Vistara receives first purchased A320neo aircraft from Airbus' production facility in France
Vistara has nine A320ceo, 27 A320neo, two Boeing B787-9 and six Boeing 737-800NG aircraft in its fleet.
IndiGo selects CFM engine for 310 aircraft
IndiGo is now opting for CFM engines after P&W’s Gear Turbofan (GTF) engine reported troubles impacting the airline’s operational efficiency.
IndiGo stops pushing Airbus engines to limit after shutdowns
IndiGo has told its pilots to stop pushing engines on its new jets to the limit when the planes are climbing.
Pilots revving engines too hard led to IndiGo’s Airbus woes
DGCA told IndiGo that its practice of revving A320neo jets at full thrust could wear down engines, sources say.
Vistara to order 26 CFM engines worth $2.4 billion
Along with the engine order, the airline has also signed a long-term rate per flight hour agreement for maintenance of the 120 Leap-1A engines which will power its 60 Airbus planes in service or on order.
IndiGo places $20 billion order for LEAP 1-A engines; shares climb 2%
To support its new LEAP-1A fleet, IndiGo also signed a long-term Service Agreement.
IndiGo drops Pratt for CFM's jet engines in $20 billion order
Amid troubles with Pratt & Whitney’s gear turbofan engines, IndiGo will become the third airline in India to use CFM engines for its neo fleet after Vistara and Air India
GoAir to induct 13 more A320 Neo planes this year
On the issue of frequent glitches in the Pratt & Whitney engines, which power these planes, the GoAir chief executive said that faulty engines are major issues when it comes to operations.
Load More
