NEWS
  Aircraft & Manufacturers
  Airlines business
ATR today announces the sale of two ATR 72-500 aircraft from its asset management portfolio to Hi .. ...
Gulfstream delivered 30 business jets during the third quarter, one more unit than the same period . ...
Hãng hàng không Quốc gia Vietnam Airlines cho biết sẽ khai thác trở lại đường bay Hà Nội - Tuy Hoà . ...
 
Airlines business
Friday, 13/08/2020, 07:23:50 AM
Airbus to take back A340s as Finnair firms more A350s
Comment Comment |  Send To E-mail Send To E-mail |  Print Print
Finnair has converted options on eight more Airbus A350s to firm orders, with deliveries of the jets to begin in 2018.

The agreement raises to 19 the number of A350s due to the Oneworld carrier.

Finnair says it is intending to withdraw its Airbus A340s, of which it has seven, by the end of 2017 as the A350s enter the fleet.

As part of the agreement, it says, Airbus has agreed to acquire four of its A340-300s in 2016-17.
Finnair was one of the first operators to order the A350, initially agreeing to take the type in 2006. All A350s are available only with Rolls-Royce Trent XWB engines.

Chief executive Pekka Vauramo says the A350 will be "essential" to its long-haul development strategy, and that firming the options "demonstrates our commitment to growth".

He adds that the A340 swap with Airbus "ensures a smooth transition" between the old and new aircraft, "mitigating potential business continuity risks related to fleet renewals".

Under its long-haul modernisation programme, Finnair will take its first four A350s in the second half of next year. Another seven will be delivered over 2016-17 with the remaining eight arriving over 2018-23.

Finnair also uses eight A330s for long-haul operations. The carrier, which has arranged sales and leaseback for four A330s and two A350s, says it is "evaluating various financing options" for the other A350 deliveries.

It adds that the combination of the A340 switch and the previously-disclosed leasebacks are "not significant" to the airline's operating profit outlook for 2014 and 2015.

Source: Flightglobal

Comment Comment |  All Comment
Other news [Back]
 Qatar fixes date for first A350 delivery  (05/12/2014)
 Bangkok Airways takes delivery of first ATR 72-600  (28/11/2014)
 AIRSHOW CHINA: Airbus not ready to build widebodies in China yet  (14/11/2014)
 Airbus starts assembling higher-weight A330  (10/11/2014)
 Boeing raises 737 yearly delivery target to 624 in 2018  (03/10/2014)
 EasyJet firms up remaining A320 options  (19/09/2014)
 Qantas Reports Big Loss as Restructuring Kicks In  (29/08/2014)
 US Airways retires last 737-400 after 26 years  (22/08/2014)
 Japan to acquire two 777-300ERs for VIP role  (15/08/2014)
 Airline Big Bucks Break Farnborough Show’s Sales Record  (08/08/2014)
 Boeing Sees Increasing Demand for Pilots, Mechanics  (01/08/2014)
 Boeing Debuts Dream-Niner and Slams Airbus Plans  (25/07/2014)
 Hong Kong Leasing Company Orders 70 A320/321neos  (18/07/2014)
 Single-Aisles Boost Boeing 20-year Commercial Forecast  (15/07/2014)
 Virgin Atlantic to implement Google Glass strategy  (20/06/2014)
 
SERVICES
 VALC News
On 19 Dec 2012, VALC successfully took delivery of the A321-231 aircraft with MSN 5418. This is the ...
Chi tiết
At 17:00 5th September, 2012 local time in Hamburg, Vietnam Aircraft Leasing Company (VALC)   ...
PRESS RELEASE  23-08-2012 11:12am
VALC delivered the first A321-200 to Vietnam Airlines.
Chi tiết
On November 5th, 2011, Vietnam Aircraft Leasing Company (VALC) took delivery of the EC155 B1 ...
 
VALC Valc, leasing, aircraft, plane, airlines, fastmoney, boeing, airbus, việt nam, airlines, viet nam, finance, investment Copyright © 2008 VALC.COM.VN
Back to top
Homepage  |   Contact  |   Make your homepage  |   Introduce VALC  |   RSS  RSS Feeds
Copyright © 2008 VALC.COM.VN. All Rights Reserved. Address: 6th Floor, No. 18 Ly Thuong Kiet Str., Phan Chu Trinh Ward, Hoan Kiem Dist., Hanoi, Vietnam.